In general these are either growth markets or markets short housing that has significant hurdles to adding additional housing. 

Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.  

Quote from @Tim Buckingham: @Jonathan Moody Good information but I'd like to add some additional points (note that your mileage will vary due to numerous variables). 

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

Feel free to private message me with any additional questions.

A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

You're also able to work with the utility company to install an additional meter.

Loss of use is foryour additional expenses if you can not live there due to a covered claim (ie.

I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.

Letting someone out of the lease is not the same as nullifying that the lease ever occurred; it is just an agreement that you won't go after any additional months of future rents that would otherwise be owed.