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Berlin property bargainsBerlin offers some great property bargains so it is not surprising that the city has become a popular investment destination. It is one of the last major centres in Europe to experience growth, and this means that property prices in certain areas are a fraction of what they would be for similar buildings in other European centres.Low entry priceGermany and Berlin in particular represent a low entry price for property investors. Compare the price per square metre for various European centres.
Berlin misses the waveFor 50 years the city was blighted by the Berlin Wall and political division that brought about economic isolation for both West and East Berlin.Following the collapse of the wall in 1989, the German government instituted a massive investment programme into Berlin. The city has been restored as the capital of Germany and is now on its way to reclaiming some of its former glamour. However, the impact of decades of political turbulence, the re-unification of Germany, the waning of the German economy and the launch of the Euro together helped to depress prices in Berlin until recently. The value of properties climbed steadily in recent years after decades of stagnation. This mini boom has been brought to a sudden end, however, by the global financial crisis. This means that there are still many Berlin property bargains to be found, where some properties can be bought for a tenth of the price of a similar building in London. In some cases, the prices are lower than properties in former Eastern bloc countries. Contact us |
View Berlin Top 5 Property Areas
To assist our clients in their purchase of Berlin property, Danziger & Weibezahl continuously researches the Berlin property market and identifies 5 of Berlins property hot spots.Read More...
Top 10 reasons for buying property in Berlin
| 1. | Good Yields |
| 2. | The low investment entry price |
| 3. | No capital gains after 10 years for privately owned properties |
| 4. | A safe haven for investors |
| 5. | Slowing supply increasing demand |
| 6. | Employment levels |
| 7. | Reinstatement as the Capital of Germany |
| 8. | Geographical positioning |
| 9. | Historical and political issues |
| 10. | Good governance |
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