Berlin Property - Invest in the Capital of Europe
Investment property in Berlin is becoming popular, as a growing number of investors and prospective buyers are learning about the tremendous financial returns on Berlin investment property from this fast-rising venture.
In Germany there has been an economic increase rate of 2.5 percent that was posted in the year 2006; this has caused Germany to be at its highest level to at its highest level of confidence in about 15 years. The country of Germany is having a great time of economic revival due to its strong export market and rising housing price index, which makes it and very attractive time to invest there.
Berlin has had a steady and increasing rise of investors after many years of the economy being very slow. It has been especially sluggish in the eastern parts of Germany and of course Berlin. Due to this fact, prices of property have nominally low. Many German citizens are choosing to buy their homes instead of renting them now a days, the outlook on mortgage's is very encouraging because the governments has relaxed on its policies concerning mortgage's.
Even throughout the year 2007, the economy has steadily grown by 2.5 percent and now we begin to see that housing prices have begun to rise slightly. Since commercial property and office spaces are very low in cost there have been many European and British investors setting up offices and headquarters there and continual pour money into Berlin. When the Berlin wall fell, the city entered the race with many other larger and advanced cities for economic development like Munich and Frankfurt to name a couple. However there is a particularly unconventional occurrence that is happening in Berlin since property prices are substantially lower in the capital the in less major cities of Germany Berlin investment property has become increasingly attractive.
The Mitte and Charlottenburg districts are identified as the best properties to invest in, where properties of high value can be sold for a very reasonable amount making them the best deals on the continent. In only a few years down the road, it is estimated that the property rates in these areas will extensively increase as the demand will increase several times over.
Serious interest is growing in the Berlin investment property arena due to the profitable returns on investment. The development of the Schlosspark-Carree for instance, is supported by a 10-year rental guarantee by a consortium of participating banks making it one of the most attractive investment opportunities in the whole continent. What is more, the 10-year rental guarantee is also complimented by a counterpart 10-year maintenance and modernization plan, and even free rental management of the properties offered for sale.
In terms of population, which is the backbone of any structured economy, Berlin has a stable population of 3.4 million people, or almost the same population of three cities; Frankfurt, Munich, and Hamburg; combined, making it the largest populated city in the entire country.
In the year 2003 there were more than 1.8 million homes in Berlin with about 1.8 persons to each household. It has grown steadily in size of the recent years and it is estimated that in 2025 Berlin will see the 2 million household mark. With an eighteen-year period, the yearly increase of households will be 8,400. This increase in population will cause big and small investors to flood into the city buying up property causing the inhabitants to have problems with their mortgages causing many to resort to leasing their homes or renting their housing situation from a landlord.
The thrust of many foreign investors would be to purchase high yield properties in Berlin and then selling them to the local residents for a considerable profit, and Berlin has all the ingredients for a profitable property market venture.
The Advantages of buying Berlin investment properties
Berlin has a very liquid rental base market, unlike other investment centres across the globe. A surprising 87 percent of the population, or close to 3 million people, have opted to rent their homes instead of purchasing them for ownership. The vacancy rates of rental apartments and homes are at a very low 3.4 percent during the latter part of 2008. This gives a very wonderful opportunity to investors in purchasing 'buy-to-let' apartments and properties, as it assures them of consistent and profitable rental income.
Another great thing about Berlin investment property is the clear-cut information that the German authorities will give to potential investors in this area. Information like prices on property, sales, rental rates and returns on investments so that the potential investors might have can know what decisions to make within the choices of their investments. - 23222
In Germany there has been an economic increase rate of 2.5 percent that was posted in the year 2006; this has caused Germany to be at its highest level to at its highest level of confidence in about 15 years. The country of Germany is having a great time of economic revival due to its strong export market and rising housing price index, which makes it and very attractive time to invest there.
Berlin has had a steady and increasing rise of investors after many years of the economy being very slow. It has been especially sluggish in the eastern parts of Germany and of course Berlin. Due to this fact, prices of property have nominally low. Many German citizens are choosing to buy their homes instead of renting them now a days, the outlook on mortgage's is very encouraging because the governments has relaxed on its policies concerning mortgage's.
Even throughout the year 2007, the economy has steadily grown by 2.5 percent and now we begin to see that housing prices have begun to rise slightly. Since commercial property and office spaces are very low in cost there have been many European and British investors setting up offices and headquarters there and continual pour money into Berlin. When the Berlin wall fell, the city entered the race with many other larger and advanced cities for economic development like Munich and Frankfurt to name a couple. However there is a particularly unconventional occurrence that is happening in Berlin since property prices are substantially lower in the capital the in less major cities of Germany Berlin investment property has become increasingly attractive.
The Mitte and Charlottenburg districts are identified as the best properties to invest in, where properties of high value can be sold for a very reasonable amount making them the best deals on the continent. In only a few years down the road, it is estimated that the property rates in these areas will extensively increase as the demand will increase several times over.
Serious interest is growing in the Berlin investment property arena due to the profitable returns on investment. The development of the Schlosspark-Carree for instance, is supported by a 10-year rental guarantee by a consortium of participating banks making it one of the most attractive investment opportunities in the whole continent. What is more, the 10-year rental guarantee is also complimented by a counterpart 10-year maintenance and modernization plan, and even free rental management of the properties offered for sale.
In terms of population, which is the backbone of any structured economy, Berlin has a stable population of 3.4 million people, or almost the same population of three cities; Frankfurt, Munich, and Hamburg; combined, making it the largest populated city in the entire country.
In the year 2003 there were more than 1.8 million homes in Berlin with about 1.8 persons to each household. It has grown steadily in size of the recent years and it is estimated that in 2025 Berlin will see the 2 million household mark. With an eighteen-year period, the yearly increase of households will be 8,400. This increase in population will cause big and small investors to flood into the city buying up property causing the inhabitants to have problems with their mortgages causing many to resort to leasing their homes or renting their housing situation from a landlord.
The thrust of many foreign investors would be to purchase high yield properties in Berlin and then selling them to the local residents for a considerable profit, and Berlin has all the ingredients for a profitable property market venture.
The Advantages of buying Berlin investment properties
Berlin has a very liquid rental base market, unlike other investment centres across the globe. A surprising 87 percent of the population, or close to 3 million people, have opted to rent their homes instead of purchasing them for ownership. The vacancy rates of rental apartments and homes are at a very low 3.4 percent during the latter part of 2008. This gives a very wonderful opportunity to investors in purchasing 'buy-to-let' apartments and properties, as it assures them of consistent and profitable rental income.
Another great thing about Berlin investment property is the clear-cut information that the German authorities will give to potential investors in this area. Information like prices on property, sales, rental rates and returns on investments so that the potential investors might have can know what decisions to make within the choices of their investments. - 23222
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Want to find out more about Berlin property #1, then visit the Berlin Property site on how to choose the best property in Berlin #2.
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