Sell off Germany's islands? Panagiotis Lafazanis advises selling, but island broker Farhad Vladi warns against emergency sales.
According to a report from www.bild.de, former Greek minister Panagiotis Lafazanis is advising Germany to sell some of its islands to escape the current financial crisis. The Hamburg businessman Farhad Vladi, who has been selling islands for 50 years, discusses possible offers and prices for the sale of German islands in the article. When assessing the possible income from the sale of German islands, it should be taken into account that the prices for islands can vary greatly. This depends on various factors such as the size of the island, location, development and environmental regulations. Overall, it is difficult to make accurate forecasts of income from...

Sell off Germany's islands? Panagiotis Lafazanis advises selling, but island broker Farhad Vladi warns against emergency sales.
According to a report from www.bild.de, former Greek minister Panagiotis Lafazanis is advising Germany to sell some of its islands to escape the current financial crisis. The Hamburg businessman Farhad Vladi, who has been selling islands for 50 years, discusses possible offers and prices for the sale of German islands in the article.
When assessing the possible income from the sale of German islands, it should be taken into account that the prices for islands can vary greatly. This depends on various factors such as the size of the island, location, development and environmental regulations. Overall, it is difficult to make precise forecasts about the income from the sale of German islands because these factors are very individual. However, it can be assumed that the sale of islands alone would not cover Germany's debt of 59 billion euros.
The sale of islands, especially in Europe but also worldwide, is a market that is not very liquid and is strongly influenced by individual interests and offers. Despite the increasing popularity of private island purchases, island sales are comparatively rare and can take years to find a suitable buyer.
Overall, it can be said that the idea of selling islands across Germany sounds attractive in theory, but would probably not deliver the desired results in practice. Therefore, it is necessary to develop alternative strategies to solve Germany's financial problems.
Read the source article at www.bild.de