Real Estate

2011 is good time to buy real estate on Sylt? Last year, the island with sales of real estate and real estate alone 750 million into the coffers of the previous owner has flushed. Any investor with money should be secure so one of real estate on the island of Sylt, before someone else makes it. Why is Sylt it so expensive to? The land supply in Sylt are incredibly high. As the most sought after cities with the highest real estate prices such as Stuttgart or Munich can not even keep up. The square meter price ever at 30,000 euros can arrive on Sylt. Even mini apartments with a number of square metres of only 25 are sold on Sylt for just under EUR 200,000. This is due to the extension of the well the airport of Westerland. This attracts people from all over the world now in addition to German investors.

Therefore, the demand contrary to the offer is immensely high. Approx. 4 applicants coming on a property on Sylt. The broker also seem to earn good money in Sylt. The island has only 20,000 inhabitants, of which alone 70 brokers are. How is to estimate the price trend in the future? Sylt had always been high land prices.

The price explosion shows in recent years but the island of apparently any economic slowdown follows, but has its own pricing. Even during the most severe financial crises, Sylt is crisis-proof and increases their price even more. It is so also in the future to assume that prices continue to rise, why demand is so great, because it practically sits a property with a value increase warranty on the own asset value list on Sylt. Natural disasters, which are unlikely due to the location of Sylt or the breakdown of overall capitalism are the only thing that could endanger the property and the price on Sylt. Otherwise, it has made the right decision with real estate on Sylt. The demand does not bring only good infrastructure of Sylt is lost slowly. Rising real estate prices, can barely contain the natives and emigrate. This also causes that no innate talent remains more on Sylt. So now many places have no volunteer fire brigade or pensioner must commit. In case of damage, the correct longer, takes so because no supplies there is. This is the only drawback about the you should be concerned with real estate on Sylt. Kristina Trushyna