Berlin is ranked as the best city and property market for investing in real estate in Germany and in all Europe. Berlin real estate attracts German and international buyers and investors thanks to attractive property prices, tax advantages and strong capital appreciation potential. In this way, Berlin real estate investment market tripled since 2014 from 3 billion to more than 10 billion euros per year. Investing in real estate in Berlin is first of all investing in Germany, the world's second exporter and the leading economy in Eurozone, that recorded a budget surplus of 18 billion euros in 2017. It represents the most stable AAA property investment of Europe.This was highlighted in the yearly property investor survey published by PWC.
Buying a property in Berlin allows to benefit from unique tax advantages and very valuable prospects for capital gain, especially for an investment property.
In fact, with an average of 3290 euros per m2 (355$ per sqft), Berlin property prices are currently the lowest among major European capitals and cities: in instance property prices in Berlin are 2-3 times lower than Paris or Munich and 4-5 times lower than prices in London. In addition, residential real estate in the city is registering ca. +10% price growth per year which insures positive long-term perspectives for property investment in Berlin.
A Berlin property purchase gives the opportunity to benefit from unique tax advantages like low property tax, mortgage interest deduction and purchase cost amortization. With these benefits, taxes on rental income are often less than 10% for the owner of one or two apartments in the german capital. With a holding period of 10 years, owners benefit from a full tax exemption on capital appreciation.
The growth of Berlin property value is driven by strong demand fundamentals like thepopulation increase of over 50,000 people per year vs. less than 10,000 new properties per year. In addition, Berlin homes ownership is less than 20% which leaves a huge potential for the long-term development of Berlin real estate market and property prices growth in the city.
Our English-speaking Berlin estate agents offer you a full service for your property purchase or sale in Berlin that covers all the steps of the transaction process. We manage large listings of Berlin apartments for sale located in central city neighborhoods like Berlin Mitte, Prenzlauer Berg, Kreuzberg, Friedrichshain, Schöneberg, Neukölln and Charlottenburg. In addition to our listings of Berlin apartments for sale, we offer a customized property search service, based on your home search criteria and your property investment profitability requirements. For a property investment in Berlin, we advise you on the best purchase options in terms of profitability and capital gain prospects for resale.
If you buy an apartment in Berlin to rent (or already tenanted property) we also provide for you a comprehensive property management service that includes the search and the selection of new tenants and the monitoring of rental collection.
If you are a property owner and you would like to inquire about current prices in order to sell a property in Berlin, our real estate agents offer you a free property valuation and a full management service of your Berlin property sale at the best price.
If you are interested in buying an apartment in Berlin with a property mortgage in Germany, we will advise you about the market interest rates and the amount of mortgage that you could get (LTV). We also manage on your behalf the mortgage application in Germany.
For any question about Berlin property investment, property prices in Berlin per area for the different types of buildings (i.e. Altbau), Berlin mortgage financing or the process of buying a property in Berlin, our English-speaking Berlin estate agents are happy to provide full assistance to your inquiry.
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