All over Europe, property prices are going up and up and up… With even tiny cottages attracting as much as EUR 11.2 million, perhaps it’s time to look outside the box for your next investment…
- Property prices in Western Europe are on the up, with Northern Germany the latest region to be witnessing record-breaking property prices
- The latest property hitting the headlines due to its eye-watering price-tag is located on the German island of Sylt, where a tiny, 160 m² cottage could set you back EUR 11.2 M
- Why settle for mudflats and murky waters though? As VLADI PRIVATE ISLANDS points out, there are much more attractive – and economical – ways to part with your cash…
The Most-Expensive House in Germany
Property prices in Germany are going from strength to strength, with square meter prices soaring to an all-time high in the country’s northern territories. The latest property to attract attention because of its eye-watering price-tag can be found on the island of Sylt – an unassuming cottage with a moss-covered roof and a sad-looking garden which could be all yours for an incredible EUR 11.2 million.
The most-expensive house in northern Germany comprises of a 160 m² property perched upon 200 m² of land – hardly what you’d describe a trophy home. Local estate agent Peter Peters pins the price on the property’s “stunning” location, describing the main draw to be the thought of waking up every day to “picture-perfect views of the mudflats and the stormy seas beyond.”
Get More For Your Money with a Private Island
With a price that works out at a mind-boggling EUR 70,000 per square meter, the Private Island News team would be expecting a lot more bang for your buck than an old cottage with views of mudflats and murky waters. We contacted Hamburg-based island brokers Vladi Private Islands to find out what they could offer us in the same price segment – and couldn’t believe what we discovered…
Tavern Island, 3.5 acres, approx. EUR 10,000,000
For just under EUR 10 million, you could be the owner of a picture perfect private island oasis which even comes with its own separate mainland property. Unlike the property in Sylt, Tavern Island already boasts a modern interior and tip-top technical appliances. All that’s left to do is unpack your baggage and dive head first into island living.
Ratua Island, 146 acres, approx. EUR 10,930,000
A sprawling tropical paradise with a license to make money or an unassuming cottage off the coast of Germany – it’s a no-brainer really. Located just off the south-east coast of Espiritu Santo in exotic Vanuatu, this incredible island even comes with its own resort business, so you can watch the pennies roll in whilst relaxing in style in your beach-side hammock.
Nananu-i-cake and Mabua Islands, 600 acres, approx. EUR 10,930,000
Why have one island when you can have an island group? For less than the price of the now-infamous cottage on the North Sea coast, you could be the proud owner of a private island group in fabulous Fiji. Boasting five sensational sandy beaches and natural beauty abound, this is the sort of “stunning” scenery the Private Island News team can get on board with.
For more pristine private islands which cost less than this German cottage, head to Vladi Private Islands.