Germany is home to heaps of culture, history, and quirky laws. And whether you are thinking of exploring German Christmas traditions to a taste of great beer and sausages, or important inventions, Germany simply has it all.
Moreover, Germany is best known for being the Land of Poets and Thinkers making it one of the tourist destinations in Europe where visitors come around the world to relish Oktoberfest, the Alps, and the Black Forest in major cities. According to CEIC Data, Germany has welcomed 1,890,203 visitors in October 2021.
In addition, real estate in Germany is one of the safest long-term investments and one of the strongest economies in the world. With that in mind, investing in real estate in Germany is a great opportunity for several reasons:
But do keep in mind, before buying a property, it is vital to do thorough research in the area, find out the laws and regulations, and invest in a vacation rental management software such as Hostaway to grow your vacation rental business.
Without further ado, let’s check the top Airbnb markets in Germany and how to determine the best places to buy an Airbnb property.
With the combination of yearly occupancy and listing growth rates, the score presents the relative travel demand in a market; a high score equals high travel demand.
The score is calculated by looking at the difference in year-over-year Revenue per available room (RevPAR) for properties that received bookings in both periods meaning a high score equals increasing revenue per property. RevPAR is determined by dividing the total room revenue by the total number of available rooms in the period being calculated.
Seasonality is the percentage difference between the minimum and maximum monthly RevPAR in the previous year where a high score equals low seasonality. The best places for properties to invest in are vacation rentals that keep guest experiences all-year round.
This looks at host and property behavior in identifying signs of law and regulations enforcement where a high score equals low or unenforced regulation. It is important that before buying a property, find out what are the Airbnb laws in the area and whether Airbnb is legal.
Additionally, knowledgeable investors frequently know how to navigate various requirements within markets that are great investment opportunities while some walk away in areas that are heavily regulated or complicated.
Investors will look at scores and compare the cost of the property in the area to the average short-term rental income of full-time rental properties where a high score equals a good investment opportunity.
It is the capital of Germany and the country’s largest city. Today, Berlin is known for its youthful and hip destination that offers a mix of new and classic architecture, entertainment, shopping, and a variety of cultural institutions and art galleries.
Moreover, Berlin is diverse with tourist attractions and historical landmarks that tell a story of how the city survived the destruction of World War II.
Munich lies on the River Isar on the fringes of the Bavarian Alps. Known for its seasonal festivals and rich culture where tourists can enjoy visiting outstanding palaces to absolutely stunning churches as well as watch the animated clock at Munich’s historic city, Marienplatz.
Don’t forget! Munich is a top tourist destination and popular for its annual Oktoberfest celebration where hundreds of tourists flock to the streets of Munich.
Frankfurt is the capital city of business and finance, but it is also a center for cultural and tourism activities such as a stroll around the largest botanical garden in Germany, great for tax-free shopping, the world’s largest trade book fair, and so much more.
With its rich collection of museums, lively art, and cultural scene, Frankfurt definitely is a great tour to both local and international hotspot destinations for a weekend break getaway.
Hamburg is best known for its famous harbor- the Port of Hamburg. It is the second-largest city after Berlin which lies at the head of the long funnel-shaped estuary of the River Elbe. Hamburg is also a major tourist attraction ranging from historic buildings to museums and art galleries. The city highlights Miniatur Wunderland, Rickmer Rickmers, and Cap San Diego- the historic tall ships, Alster Lake, Ships of the past at the International Maritime Museum, and more.
Cologne is home to grand sights like its famous 12 great Romanesque churches, vibrant and diverse nightlife, and its history tracing back to the first century AD. It is also known for hundreds of gays bars and clubs where locals embrace heartily the colorful festival.
The city of Leipzig- an art lover’s paradise lies in the Saxon Lowlands at the junction of the Weisse Elster and the Pleisse rivers where it is best known for its rich cultural and musical heritage. The city takes you back to 16th-century cellars that were once visited by renowned composers and poets.
It’s also a great place for shopping as it has a variety of options from department stores to luxury boutiques. And not to mention, tourists can relish the famous pastries in one of the cafes in the city center.
Jena rests in a hilly landscape in the east of Thuringia and is best known for its wide range of wild orchids that can be found within walking distance of the town. It is also home to nature lovers and one of Germany’s ten oldest universities.
Do not be fooled by this region as it offers hidden gems waiting to be explored that rests in the south of Baden-Wurttemberg, Germany. Schwarzwald-Baar-Kreis is among one of the great places for hiking where you can appreciate its waterfalls and greenery landscapes around Schmaler Steig am Wasser, Gauchachschlucht, and Entland der Gutach zu den Triberger Wasserfallen.
Apart from hiking, tourists can always take a detour and enjoy biking around Donaueschingen.
Nuremberg is popular among both local and international tourists where it is best known for its historical landmarks like the imperial castle and more importantly, the city is a commercial hub from the Middle Ages onwards that can be still seen today.
Moreover, it is home to Europe’s first printing press where Nicolaus Copernicus’s most renowned work was published in 1543.
Dusseldorf is the fashion capital of Germany and is renowned for its art and music. Moreover, it attracts over 4 million visitors each year for its week-long funfair- Grobte Kirmes am Rhein and Karneval parades with colorful costumes. With its medieval square and modern art pieces, Dusseldorf is a unique place waiting to be explored.