Berlin a good investment?
Hi, Darrell from buyberlin here,
This is my first post here and I'm looking forward to some interesting debates on what looks like a great forum.
The Berlin Buy to Let market is beginning to flourish. Since the East has merged with the West, Berlin property is quietly becoming the bargain of the century. There are many options for purchasing property in Berlin. Berlin property costs around 90% per square metre less than comparable properties in London, yet average gross yields in London (and Paris) are now below 5%. You can take out loans at 4 to 5% in Germany and the return on that investment is above 6% and sometimes higher, as high as 8%. This means that a Berlin Property investment is currently one of the most sound investments you can make.
German property investment can be confusing especially if your only prior experience of purchasing a property is within your native homeland. Berlin Estate agents may be your first port of call to enquire about what Berlin properties they may have available. However even if you understand the German language, Berlin real estate or Berlin immobielien is a totally different process to that of most countries. We can find your German property for you and assist with your Berlin buy to let mortgage and furnishing of your Berlin property
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