Wanted houses for millions

Zilt – the island’s rich
Here – half the two-family house for 1.3 million euros, there – for 2,5 million house Zilt Island in the North Sea makes a full honor its reputation as the „Island of God“, primarily with regard to real estate prices .
Prices continuously rising
Similar half the two-family house in Germany itself is not worth even one third of the price to be paid on the island Zilt says Oliver Denshi Denshi by the brokerage house and Schmidt. On the island, however, sales of houses and flats for a few million euros is completely in the order of things. Firms and brokerage house Grossman Berger reported that recently have sold even one site for 25 million. According to Deutsche Bank research about every ten years and without this breathtaking real estate prices are doubled.
This mini-house on Zilt worth 3.6 million Euros

Even the current crisis in the brokerage industry does not interfere with almost dazzling rise in prices. In the segment of high prices in the range of over 1 million so far not been seen financial crisis, says Gerhard Feldmann, a spokesman for the brokerage Union Northern Germany.
Continuing growth in prices was mainly due to the weakening supply. Also shares the universal uncertainty leads to higher real estate prices.
Investment with certain value
„For customers buying a property there is a safe investment,“ notes the expert Gerhard Feldmann. Denshi broker stresses that also plays a role and the fact that house or dwelling on the island Zilt is the buyer and one question of prestige.
But more and more customers leave their noisy and Zilt typical island scene with its luxury boutiques and restaurants and were directed to other more genuine North Sea islands such as Isle Fyor adds Oliver Denshi.

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Deutsche Welle

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