Why buy in Berlin?
Compare the average price per square metre to buy a flat in:
London: €5,000 to €10,000 a square metre
Berlin: €500 to €2,000 a square metre
Berlin, Germany’s new capital, is one of the most exciting cities in Europe. Berlin is at a crossroads between East and West. It is the most affordable Western European capital with property prices until 2006 been stagnant for over a decade. This has resulted in affordability and a standard of living unmatched in any other city of its size. It also boasts a first-rate nightlife and a huge diversity in art and culture and is attracting creative young people from around the world.
Berlin offers excellent conditions for doing business with rising investment in Berlin due to its status as the new German capital — world-class infrastructure, low costs and access to Europe’s largest economy as well as proximity to the new European Union member states.
Good return on investment
- A buy-to-let property in Berlin typically yields much higher returns than other capital cities, typically yielding 5-10% return
- Property prices are lower than in the UK, Spain and even Eastern Europe
- In a highly predictable market, interest rates are exceptionally low
Easy to let and manage
- Unlike sunshine destinations, a Berlin property will be let 365 days a year
- Over 90% of Berliners rent their homes, the majority living in the same property for almost a decade
- Tenants take good care of your property since it is their long-term home
- Efficient German management companies mean minimum worry for owners
The buying and selling process
- The German purchasing process is fast and straightforward (see FAQ)
- Germany has sound, strong, and, well-regulated property laws in place
- It’s quick and inexpensive to fly to Berlin to complete on your purchase
