You Never Thought That Buying Property in Berlin Could Be So Beneficial

The simple mantra to making a profit in real estate is to buy in a rising market, hold and then sell. Berlin is one of those cities in Europe where property prices are lower than in other cities of Germany or Europe. With an influx of over 40000 each year into the city the demand is predicted to remain high. Construction is not yet keeping pace with rising demand. In addition to people who choose to make Berlin their home, there are investors flocking to the city with the hope of making a killing in the property market. Roman Heidrich, director of Jones Lang LaSalle describes the city as one of the best city for young, creative people in Europe for being affordable and cheaper than London or Paris. These creative types are termed “yuki” by the locals, meaning Young Urban Kreative International.

Berlin is also a tourism hotspot with over 28.7 million visitors as far back as 2014 and the numbers are rising. Industries are on a growth spree and IT as well as commerce is flourishing. Property does not lag behind. Rents are rising and so are prices of property in Berlin even in areas like Kreuzberg and Friedrichshain, the haunt of creative professionals these days, prices approach those in upmarket Mitte and Prenzlauer Berg. Neukolln, once considered suburbia is another hotspot with a sharp upturn in prices of property. Rents are skyrocketing. A flat in Mittle could go for a rental of Euro 5.50 in 2007 but now the rate has doubled to Euro 10 and there could be a geometric progression in the coming decade, the rent cap notwithstanding. Sales of condos doubled from 12000 units to 24000 units in a short span of 2 years covering 2012 to 2014. Half of the buyers are foreign investors. Prices rose by 10% in 2014 and are still rising. Translate these facts into money terms. An investor with a strategic approach could well end up with handsome gains either by way of rentals or capital growth when he sells property in a couple of years. Strategy is the key to maximizing returns and in this regard strategy on Berlin property by GateBerlin has effectively helped local and foreign investors realize good gains.

 

If prized locations like Mitte and Charlottenberg with its Ku’Damm see frenetic activitis, other locations like Kreuzberg-Friedrichshain are no less attractive. In fact, this area is in high demand with a spurt in nightlife and upmarket residential areas. Neukolln is shedding its image as a Turkish enclave. There are no signs of the property market petering out or slackening in the years to come. Making a profit is one thing; making good profits is the target of investors, especially those from abroad. Advice on investment in Berlin property by GateBerlin has helped many of them realise just how beneficial this city is in terms of earnings through real estate. Informed, knowledgeable, with a long list of prized properties on sale at their command and with the know how to handle the process from start to finish, GateBerlin are the property experts to consider to make capital grow. 

Gate Berlin is second to none when you wish to buy property in Berlin

Buying a property is a tough job for anyone but is can be simpler if you consult real estate agencies. They provide relevant information about the location and its price. You can contact agents not only for buying purpose but also for selling purposes. They can help you in different ways and charge accordingly. This real estate market offers an attractive and inviting range of residential properties for owner, as well as opportunities for investors looking for rich returns. 

Procedure for their work:

Firstly, the agents aim to understand your needs and requirements. After that they have clear picture of your priorities and start checking the possibilities to accomplish it. Agents search your identified area using networks of property professionals, private owners and property managers. They ensure you to get the best place often even it come onto the market. The number of potential properties is shortlisted and also their individual benefits and pitfalls analyzed. They have overseen building and refurbishments projects or optimize the energy efficiency of buildings.

 

Berlin property by Gate Berlin is famous for providing best property, their effective strategies and customer satisfaction. This is the agency which works according to customer requirements and offer the wide range of residential and commercial spaces. If you are looking for a suitable company location in Germany or an office space that fits your company’s needs or a site for your company in the hotel and retail or catering business then this is your destination.

 Security provided by them:

Confidentiality is the main part of their services. Your personal documents and information will remain confidential. Customer’s security is the priority of this company.

Services that will simplify searching and purchasing property in Germany:

·         Creates your search profile

·         Market research across all databases and sellers

·         Provide dream place with legal documents

·         Provide search result via your personal login page with an objective assessment

·         Evaluation of purchase price

·         Purchase execution and negotiation

·         Support for renovation, remodeling and refurbishment

·         Planning support to optimize your return on investment

·         Managing and renting your property

·         Provide guided tour or videos of location/building/apartment

They are the blessing in disguise that effectively meets all your buying and selling requirements. They match your property with their buyer’s need and helps you to find the right buyer for your property. People who are interested in selling can enjoy their no- charge opportunity to connect directly with the buyers. This is a great deal of profit and several future benefits can be attained by it.

 

Neighborhood and district will depend on yours’:

·         Desired infrastructures and features

·         Personal circumstances

·         Cultural background

·         Preferences for an urban locations

·         Financial resources

In Berlin, there is a high demand of apartments, flats and independent houses in comparison to its supply. There are number of career and business opportunities also offered which induces a large number of students and jobseekers to reside in this city.

Berlin Property: Property and apartments for sale in Berlin

Berlin has the most captivating market for real estate in the entire Europe. Berlin has emerged as the second best grand structure city of Europe. Development firms as well as the financial specialist across the world find Germany as the best place for investment. If a person wants to settle in Germany along with his family, the city gives him no chance of disappointment. There are many dealers who help him to find the best property in Berlin. 

Gate Berlin provides an individual with the best choice of property and apartments for sale. Buying Berlin property by Gate berlin never proves out to be a wrong decision. As Berlin has proven to be one of the best real estate markets of the world, so the investors find this place ideal for investing. Gate berlin provides an investor with a wide range of property and apartments for sale. These include: residential apartments, rental properties, commercial properties, properties at lower segments, luxury apartments, penthouses etc.

 

 Best features of the property available for sale in Berlin:

 • If an investor is planning to purchase an apartment or any other property in Berlin, he needs to be sure that that this investment is going to be the most fruitful investment of his life. 

• Berlin is counted in the top three urban cities of Europe, so the investor needs not to worry about the development of this city. The city is one of the most developed cities of the world and the progress is everlasting.

 • The property dealers of Berlin offer property at affordable rates. If an individual buys Berlin property by Gate Berlin, the dealers make sure that they provide him the property at very cheap rates.

 • The interest rates on the sold property are extremely low in this city of Berlin. An investor can follow all the tax regulations without any trouble.

Once a person buys any property in Berlin, the annual income from this property faces deduction by various costs. These include financial costs, renovation and maintenance costs as well as other costs such as running costs, annual property tax and building insurance. Any property for sale in Berlin has to face these tax deductions once it is purchased. Some of these taxes are discussed as under:

 

 • Financial costs: These costs include debt capital which an investor has to pay after purchasing any commercial or residential building in Berlin. An investor needs to pay these costs if he has borrowed any capital for the purchase. 

• Running costs: These costs are deducted for the use of electricity, water supply. Besides this these costs also include deduction of building insurance and annual property tax from the yearly income of property. 

Any property buyer has to follow these tax regulations in Berlin. Once he invests in the real estate of Berlin, his property is completely safe. No doubt the economy of Europe is shaky, the property available for sale in the city of Berlin is highly secure.

Top Location in Berlin to Buy Apartments by Gate Berlin

Germans are traditionally renters. They prefer to rent apartments instead of buying them. This is evident in cities across Germany, especially Berlin. Berlin, with its high influx of migrants from other parts of the world, has a high demand from renters and this demand is driving rentals skywards. Rents in Berlin are rising by 2% annually and, in the prized locations of the city, the rate is higher as availability shrinks and demand soars. Rents would be even more if it were not for the laws that prohibit rent being charged that is more than 10% the average for property in that location. This is an indicator of the high demand for property in Berlin.  Properties in pushes locations that go for around Euro 4500 to 6000 currently can expect a price appreciation up to Euro 10000 in the next decade.

Buying property in Berlin is a sound investment strategy from the rental perspective alone. Even otherwise, with soaring property prices, if an investor buys today and sells a few years down the line either directly or through a lease-purchase agreement, he stands to gain considerable capital appreciation. Meanwhile, the property fetches handsome rent that not only covers mortgage and maintenance but also enough left over for the investor. The key to obtaining optimum returns on property investments is to look for Berlin apartments for sale in the right locations. As they say, location is everything in property investments and this is true for Berlin. This is where knowledge and expertise of a local realtor makes all the difference. Gate Berlin, a specialist in Berlin property purchase and sale with additional expertise in providing tactical investment consultancy, helps investors, especially foreign investors, land the right Berlin apartments.

 Berlin apartments for sale

Gate Berlin, with its team of property and legal experts, offers strategic consultations and helps find the right Berlin apartment for sale in the right locations. Apartment prices vary greatly. Mitte tops in property prices in Berlin with prices averaging around Euro 3588 with Charlottenburg-Wilmersdorf a close second at around Euro 3300. Luxurious, old apartments, well renovated and furnished can fetch as high as Euro 5500 per square metre in the prime locations. The question for an investor is whether he should invest a large sum in prime locations or should he invest the same amount in more affordable priced apartments in areas such as Lictenberg, Spandau and Marzahn Hellersdorf where prices around Euro 2000 or less prevail?

The advantage of prime locations is that the apartment will always be in demand by people looking to rent apartments and it will fetch a handsome rental, the rental laws notwithstanding. On the other hand, investing in upcoming apartments means an investor can spend less or use the same money to buy bigger apartments in Berlin and rent them out. With Gate Berlin’s assistance an investor can find new and upcoming projects to invest in or even buy ready to move into apartments constructed in Schoneberg or Templeholf, for instance. Gate Berlin professionals keep tabs on apartments for sale and can help a potential investor zero in on the property of his choice at short notice besides completing formalities and then providing asset management assistance. Gate Berlin’s involvement makes all the difference between nominal returns and handsome returns as well as capital growth.

Luxury Real Estate and Homes for Sale in Berlin by Gate Berlin

 

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.