GATE Berlin

Berlin Real Estate Market is Going Up, up and Up—Dive in

27 Mar 14 - 22:54

Pankow_Parkstr_0001Those selling property in Berlin are laughing their way to the Bank. Investors who had bought properties in Berlin are probably sitting back and relaxing as high rentals fetch handsome returns each month on property they had bought at rock bottom prices. So where does that leave you and me? Do we get on the bandwagon or is the Berlin realty market about to go bust?

It is never too late, especially if you consider Berlin real estate. Prices have appreciated by more than 30 to 50% and are at an all time high but, and this is the significant but, they are 50% of prices in Munich. Now Berlin is growing faster than other cities and there is a high demand with construction not able to keep pace. Do the math. Buy today and a few months or a year later, you can still sell at a high enough prices to make a decent profit. That brings us to the word “sell” and “profit”. The crux of selling property is to sell it at the right time to the highest bidder and thus maximize returns. Another aspect to selling is that you do not wish to take care of all the attendant procedures and formalities, not if there is someone who can do it for you, besides getting you the maximum price. This is not too good to be true. Try transactions in Berlin real estate by, the realtor guys who can make it all happen for you besides taking care of documentation and all formalities

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