Berlin a good investment?

[buyberlin]

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

[Moby Jones]

Originally Posted by buyberlin

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

What is the average net yield of a Berlin investment property at this present time?

[Moby Jones]

Ignore that , I've just seen the date of the opening post. As the OP has not been back I'll assume things did not pan out how he panned!

[Helen_M]

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.

Mr. Darrell posted this message 2 years ago - and he was right! Then property prices in Berlin began to soar and now everyone is sure that it's a very good investment opportunity.

[Moby Jones]

Originally Posted by Helen_M

Mr. Darrell posted this message 2 years ago - and he was right! Then property prices in Berlin began to soar and now everyone is sure that it's a very good investment opportunity.

How have you reached that conclusion?

I'm certainly not sure and I have looked at it. Also, 8% is not a great return. With leveraged seller finance you can easily achieve 13% + in Thailand and over 20% in the US right now, today. If you know where to look.

[Helen_M]

Also, 8% is not a great return. With leveraged seller finance you can easily achieve 13% + in Thailand and over 20% in the US right now, today. If you know where to look.

IMHO stability is more important than quick income. Today - it is good, but we also have to think about tomorrow.

[Moby Jones]

Originally Posted by Helen_M

IMHO stability is more important than quick income. Today - it is good, but we also have to think about tomorrow.

The returns I mention are based on rents which have been stable for two decades. The return is only as high as it is because property prices have plummeted while the rents have remained the same. Therefore the 20% I mention is stable.

So how can you claim 8% is good?

Also, you never actually answered how you've reached your conclusion...

[scrumpy jack]

Berlin walls are notriousley weak! (sorry for the spam)

I would not feel comfortable purchasing in such shakey conditions!