Berlin is a city of contrasts. It has
upscale districts within which or in the neighborhood of which you will find
small enclaves or Kiez with their typical flavor and the composition of a Kiez
influences prices of apartments in that sector. Just a short walk from one
location to another could take you to apartments that cost thrice as much. You
will find more such dichotomies in what was once the eastern block. This means
if you contemplate purchasing luxury apartments in Berlin, just a general knowledge of
topography or the exclusive areas is not quite sufficient. You need someone
with an intimate knowledge of areas and locations, such as Berlin’s leading
realtor, Gate Berlin, to guide you in picking apartments that will be worth the
effort and net you a decent profit or returns.
That
would be going into details, which comes at a later date. To start with Gate
Berlin offers excellent, informed advice and guidance on selection of Berlin apartments for sale. A discussion could lead to examination of the
posh locations and some more that are less exclusive but are, nonetheless,
excellent options. Mitte is the star attraction with prices ranging around Euro
3588 per square metre. Mitte is a unique mix of the modern commercial areas
interspersed with quiet islands of apartments of the highest quality jostling
for space with some grand, old style apartments dating back to the 1920s.
Charlottenburg-Wilmersdorf is another prime location where prices rule at
around Euro 3301. This is the average rate. You could find a luxurious
penthouse overlooking a street priced at around Euro 5500 to 10000 or above per
square metre. Gate Berlin
has extensive contacts with brokers and also keeps tabs on apartments offered
for sale in these locations. It does require plenty of money but then bank
finances can take care of the investment required for purchase of prime Berlin
apartments in these niche locations.
You can
set your sights a bit lower as regards price if you consider apartments in
Lictenberg, Marzahn-Hellersdorf or Spandau.
Prenzlauer Berg, Friedrichshain and Tiergarten are the other alternatives to
Mitte where one can find luxury apartments, both old as well as new to suit
preferences.
As stated
above the general location is just an indicator of what you can expect by way
of prices of Berlin apartments for sale.
However, one has to zoom in further to find out the exact locality and neighbourhood
or the Kiez. If you plan to live in Berlin,
this is even more important for the quality of life you expect. If you plan to
rent out apartments after purchase then the rental is also influenced by the
kiez. Here at Gate Berlin
we have intimate knowledge of the broader classifications as well as minute
information about the kiez. This knowledge and its application, as the buyer
will find, makes a lot of difference to investment price and short as well as
long term returns.
Gate Berlin has been
providing strategic investment advisory as part of its realty business and this
layer is what makes all the difference between a good and a bad investment.
Especially for foreigners not quite conversant with laws, neighbourhoods of all
the ramifications, Gate Berlin’s expertise helps a lot in buying apartments
with an eye on future returns.
