Germany is a country with a lot of history, an enthralling present, and a very promising future. Lying in the heart of Europe, the cosmopolitan nation is a great place to live, work, or study.
A lot of people are moving to Germany nowadays, partly due to the low cost of living and affordability of housing. The mortgage rates and rental costs are quite low which is quite attractive, especially when you consider how much more expensive the neighboring countries are. And if you do not wish to move to Germany, it could still be a very good investment for you to purchase some property there. There are a host of different housing options you can select from and make a very beneficial investment. These are some of the cheapest places in Germany where you can buy property:
Siegen: A city in South Westphalia that is known for its green areas, Siegen is a city full of creativity and dynamism. There is a lot that Siegen has to offer, including a thriving economy and a pretty high standard of living. The city is family-friendly, so you do not have to worry too much about the area, and it is quite modern and developed.
Leipzig: If you want to enjoy the allure of living in a large city while still getting everything for cheap, then Leipzig is the perfect option for you. The city is located in East Germany, and it has suffered quite a bit, especially during the second world war. However, the city has begun to redevelop, and the regeneration process is still ongoing. The city has a very good transport network now as well as a growing economic center. It won’t be too long before Leipzig is considered one of the great cities in Europe.
Jena: This is a city that carries with it a huge reputation of being renowned for science and technology. It has a highly reputable university, a couple of research institutes, and high-tech plants, and the city almost seems engineered towards taking care of students. That might be down to the fact that about 25% of the residents of Jena are students.
Kiel: What you would find in Kiel is a unique and lively atmosphere. It is a great place to go if you fancy spending time outdoors, partially because of the sea and the awesome scenery all around the city. It is located in the far north of Germany right on the Baltic Sea, and it is quite famous for “Kieler Woche” which is an international sailing event that takes place here.
Bochum: Bochum is a city characterized by old industrial facilities and green parks, and it has a bit of a laidback yet vibrant atmosphere. The city sits in between Essen and Dortmund, and it is sometimes referred to as the grassy little brother of Dortmund. Bochum lies in the urbanized Ruhr region, which used to be a great industrial powerhouse. Now, it is known as one of the capitals of European culture. Going around Bochum, you will discover a range of parks, museums, boutiques, and a lot of restaurants.