Free property valuation in Berlin
Looking for a professional property valuation in Berlin? You are at the right address! For your property appraisal in Berlin and the sale process management, our certified Berlin real estate agency offers you a 360° service and maximes your chances to get the best sale price:
- Free property valuation in Berlin
- Expert sale strategy advisory
- Document collection from property managers & local administration
- Premium listing in leading German platforms
- International listing in world’s leading websites
- International marketing in four languages
- Home staging & professional photography
- Effective sale timeline
- Full sale & paperwork management
- Assistance from A to Z with the sale process
WHAT SAY OUR CUSTOMERS?
Stuart Rheingeld – Great Britain
I can not recommend them highy enough.
ProContur – Funktion in Qualität und Design
Jan Z. (Germany)
Very nice contacts and friendly staff, gave strong support in every action.
Jonny Wise – Germany
Charlie Best – England
Paul Jones – United Kingdom
Brian B. (United Kingdom)
Davey Cool – Australia
Very good response time and great valuation.
First Citiz Berlin in the international media
What is the market value of your apartment in Berlin?
What is the market value of my property in Berlin? As a landlord or owner-occupier, you might be interested to have an update about your property valuation in Berlin. It could be for the purpose of selling or just to have an idea on last market price trends. In this sense, the valuation of your property in Berlin will depend on the following important factors:
- General market conditions encompass mortgage rates in Germany, housing supply and demand in the real estate market in Berlin, and market trends in the location of the apartment.
- Location is crucial, as every neighborhood has popular "Hotspots" where property values and sale prices are at their peak.. In every district selling prices can change significantly depending on the micro-location.
- Building condition and type impact market value. Factors include renovations, façade, staircase, cellars, type, and construction period. Properties built before 2015 have regulated rents.
- Floor: apartments on the highest floors are generally more expensive, especially when the house has a lift.
- The overall apartment condition, layout, and space use inside a home can greatly impact its value. Other factors to consider include the condition of the floors, lighting, furniture, and decor. These seemingly small details could potentially increase or decrease the value of a home by up to 25%.
- Features & amenities: balcony, terrace, basement cellar, lift and parking space.
- Tenancy status & rent income: in the capital of Germany, vacant residential properties are far more expensive than tenanted ones. The difference could by up to 50% in some situation, with regards to the rent regulation.
Why to hire First Citiz team for your property appraisal in Berlin?
Our established English-speaking real estate agency offers you a 100% free of charge, non-binding and professional property valuation in Berlin.
Our team helps customers and landlords from over 50 countries sell their properties in the capital of Germany successfully.. In this view, our team gathers a unique professional know-how in managing distance and international transactions. Whatever you live in Germany or abroad, your property appraisal in Berlin would be simple and straightforward.
Our real estate agents manage for you, not only the property valuation in Berlin but also the whole sale process. We assist you from A to Z throughout the sale process in Germany. We accompany you for the notary appointment organization, the paperwork and all administrative aspects. By choosing First Citiz for your property appraisal in Berlin and sale process management, you make the choice of professionalism, efficiency and comprehensive service.
Our reputed real estate agency benefits from a unique international outreach. In this way, we would be offering your property not only to prospective buyers in Germany but also to international buyers and investors. Your listing would gather a maximum visibility and generate more prospective buyer interests. This would obviously maximize your chances to sell your property in a short timeframe & at the best selling price!
Start your free property valuation in Berlin!
Our service for your property valuation in Berlin is 100% free of charge and non-binding! For your online property appraisal in Berlin, please fill out the valuation form or get directly in touch with our English-speaking real estate agents:
- Phone: +49 30 41 71 72 74
- Email: contact@firstcitiz.com
- Address: Pappelallee 11, 10437 Berlin
- Opening hours: Mon-Fri 9h-18h
Our 360° service for your real estate appraisal and sale in Berlin
Appointing our real estate agent for your property valuation in Berlin and the sale process is a straightforward and stress-free way to sell at the right price within a short time frame. Please note that our Berlin real estate appraisal and sale advisory services are 100% free of charge.
In order to make the process effective and easy to manage on your side, First Citiz offers you a 360° service package:
- Online free property appraisal in Berlin by our certified market experts
- Collection of the property sale documents from your building manager
- Collection of leagl documentation from local adminstration
- Professional photography service to highlight your property
- Professional presentation in 4 languages (English, German, French & Russian)
- Premium listing in leading platforms in Germany
- Premium listing in leading international platforms
- Listing in our international award-winning website firstcitiz.com
- Management of requests and viewings with prospective buyers
- Selection of best purchase offer
- Notary appointment organization
- Assistance with purchase and sale agreement signature
- Process follow-up until the receipt of the sales price payment
- Keys handover
When you sell your property in Berlin with our established international agency, you benefit from a free real estate valuation. You have also the advantage of our expert sale advisory and the most comprehensive service package. Please note that in Germany, notary fees as well as land registry and city landlord taxes are always at the expense of the buyer.
First Citiz is one of the most reputable real estate agencies of the city. Assigning our real estate agents for your property valuation in Berlin and later the sale process management allows you to benefit from both local and international market outreach. We will offer your apartment in our international network and in four languages (English, German, French, and Russian). This will increase your chances of selling at the best price and conditions. You would benefit from the same interntional outreach when you sell a commercial business, a house or a residential apartment building.
Whether it's for selling an apartment, an apartment building, an office space, a commercial space, a house or a land plot, our team is at your disposal for any information. Please do not hesitate to get in touch for any information about the real estate market development and price trends. Our real estate agents at your disposal for a free consultation about the online property appraisal in Berlin and sale processes in Germany.
Why is the property valuation step quite important?
It is common knowledge that an accurate market value appraisal represents always the first step for a successful property sale process.
Our real estate appraisal in Berlin combines several valuation methodologies including market comparables analysis, yield analysis and transaction trend analysis. It reflects last market & price trends and considers housing supply and demand in the location.
Our team gathers a deep knowledge of the real estate market in the capital of Germany and real estate prices trends in every neighborhood and street of the city.
Our team has a deep knowlege of the real estate market in addition to years of experience in the capital of Germany. Our market expertise enables us to provide you with the most accurate real estate valuation in Berlin and hence the right selling price. We are active in central areas of the capital of Germany such as Prenzlauer Berg, Mitte, Charlottenburg, Wilmersdorf, Schöneberg, Steglitz, Friedrichshain, Kreuzberg, Neukölln, Tiergarten, Wedding, Moabit and Pankow.
Hiring a reputable agent such as First Citiz is your guarantee to have an accurate and professional property appraisal in Berlin.
Which property valuation methods are used by agents in Berlin?
In order to determine the valuation of your property in Berlin, three main assessment methods are used by real estate agents:
- The market comparables method
- The income method
- The cost assessment method
The market comparables method is the most used one when it comes to self-use apartments with a central location in the capital of Germany. The agent will evaluate the selling price of the apartment based on comparable properties for sale in the surroundings and the same neighborhood. Hence, the market valuation method is base on offer and demand above any other consideration.
The income method is rather used for investment properties. The appraiser will base the selling price on the rent income and its value appreciation potential.
The cost method consists into an estimation of construction and/or renovation cost of comparable properties. Consequently, this real estate valuation method is more suitable in a suburb location where one can still find land for sale. The market value would be calculated as the sum of the land cost if you buy it today plus the construction cost with today's market prices.
Regardless of the real estate valuation method used, your agent's expertise and market knowledge are crucial for a professional value assessment.
The bottom line about property appraisal in Berlin
Our Berlin real estate agent offers you unique advantages for accomplishing a successful valuation and sale process with an effective time frame:
- Get an online free property appraisal in Berlin from a reputed international real estate agency.
- Benefit from deep expertise of the price trends and residential real estate market in the German capital.
- Benefit from our knowledge of prices and property valuations in Berlin's central areas.
- Take advantage from our free of charge premium listing service in leading local and international platforms.
- Reach the maximum prospective buyers in Germany, as well as international buyers and investors.
- Benefit from an effective and short sale period.
- Maximize your chances to reach the maximum selling price.
- Securing a stress-free and professionally managed sale process (including for distance/remote sale).
Please get in touch with our experts online for more details about our evaluation service.
Tips about property valuation process in Berlin
How long it takes to get a property appraisal in Berlin?
A professional appraiser would generally take a couple of days to prepare your property appraisal in Berlin. The appraisal process could take longer depending on whether you provided the necessary documents and information.
Is a viewing necessary for a real estate appraisal in Berlin?
No, it is not necessary thanks to online valuation tools. A real estate appraisal in Berlin could be based on photos, floor plan, description and documents. However, a viewing is always a plus, as it allows to the agent to have a more precise idea of the valuation of your property.
A deep inspection will obviously help to provide you with the most accurate real estate appraisal based on comparable properties in the real estate market in Berlin.
What factors influence the valuation of your property in Berlin?
The selling price will depend on a mix of general and specific factors. A property valuation in Berlin depends firstly on general conditions of Berlin real estate market. Important factors are housing supply and demand for the location, price trends and current mortgages rates.
Think about what influences the value of your property. This includes the year it was built, type of building, floor level, features, amenities, interior condition, monthly fees, and rental income.
How to find the best agent for a property valuation in Berlin?
The best real estate agent is the one who provides an optimal but still realistic market value based on Berlin real estate market conditions and last price trends. An optimal real estate valuation in Berlin would lead to a sale at the best possible price and within an effective sale timeline. For this, you should inquire about the agent reputation, online customer reviews and sale references. Avoid some platforms that would randomly recommend for you estate agents and make your own search.
Is the timing good for real estate valuation & sale in Berlin ?
This is the question that most of landlords and owners ask themselves when it worth it to sell their property in the capital of Germany in 2024?
The increase of mortgages impacted downwards property valuations in Berlin and all Germany as the cost of mortgage almost doubled in the last 2 years. In fact the monthly settlement of a mortgage of 100.000 € was 250€ per month in early 2022 and has risen now to almost 500€ per month in 2024 which affects signifcantly the power of purchase of buyers.
The value of tenanted flats was the most impacted as the rent yield of comparable properties in the city is less than the current mortgage rates in Germany. Large flats were also subject to a significant decrease as the buyer can no longer afford large amount mortgages. The small and mid-size apartments were the most spared by the fall in prices.
However, 2024 represents a good window to sell in order to stay on the safe side & avoid a further value decrease. This is especially the case if you bought an apartment some years ago and that the property already took substantial market value increase.
In fact, apartment prices in Germany's capital has been increasing last 10 years at ca. +10% per year. Therefore, the valuation of your property has probably significantly increased despite the market downturn linked to mortgage increase. This is especially the case of vacant residential properties for self-use due to the housing shortage and the high demand, especially from international and expatriate buyers.
Of course, a property selling decision is specific to every personal situation. It depends on the property specificities, the price and the date of purchase.
Despite the difficult market conditions, 2024 might represent a good window to sell for the following reasons:
- Lock in profit: With the strong development of real estate prices in Berlin during last years (ca. +8-10% increase per year), the selling price of your property has probably been sharply increasing. So you will definitely benefit from an important income and profit due to the increase of market value.
You can receive tax benefits in Germany if you rent out a property for at least 10 years. This means you can sell the property without paying taxes on any profits. These tax benefits are in addition to your regular income.
- Benefit from high housing demand: The city's strong population and economic growth have created a high demand for housing. The local and international demand for residential properties in the capital of Germany is very strong. Indeed, Germany is seen as a global safe investment haven to buy a property. Despite the increase of mortgage rates in Germany, Sellers are still benefiting from attractive pricing and high demand. Both local and international buyers are contributing to this high demand. They can sell quickly, especially if the property is listed with an international agent like First Citiz.
- Avoid the effect of rent law: rent cap regulation in the city's real estate market is aimed to keep rents at moderated levels, when it comes to residential properties in apartment buildings built before October 2014. A limited rent means a low investment return and little market value upside when you buy the apartment. This explains the important difference in selling prices between vacant and tenanted residential properties in Berlin real estate market. If you own an apartment in an old building, it's worth selling it when it becomes vacant and not rent it out again!