Frankfurt, Germany €149,000 for two-bedroom fully let apartment in heart of this financial centre close to the ECB with a net yield of 5.7% per annum (€8,520). Second floor of a fully let block of 12 apartments in a period building built in 1900. This apartment is very close to the city centre making this fantastic hands off investment very liquid for any investor.

The Frankfurt metropolitan area has a population of 5m; the second largest in Germany. Frankfurt is one of the wealthiest cities in Europe, and is considered the most affluent, with the highest earnings per head of any city. It is the financial centre of not only Germany but also Europe: the location of European Central Bank headquarters and 300 other banks, it also has more lawyers per head than any other city in Europe. There is, therefore, a very strong rental market from young professionals and students. Buying in Frankfurt is like buying in London ten years ago, the city has the same characteristics and offers excellent value.

The west of Germany is a mature affluent market, which allows investors the ability to sell their property on to the local population. Germany is the third largest economy in the world and the main driver of the Eurozone economy. Property here is at the bottom of the property cycle and offers the best opportunity to secure very good value - effectively at mid-nineties prices.

German economic recovery is now underway, with GDP at a six year high and unemployment at a ten-year low. Strong political reforms are opening up the property market; due to the aging population and growing pension bill the German government is attempting to increase owner occupation to reduce the financial burden on the state by retirees.

Ends