Berlin property for sale

Good quality Berlin property is still fairly in it's infancy. At around 40%, Germany has one of the lowest home ownership rates in Europe, with 86% of of the inhabitants of Berlin renting their properties.

Investment reviews have firmly predicted Berlin as a property hotspot for 2008 and an extensive and ever increasing number of investors are visiting this fantastic capital city to buy properties in Berlin.

Property markets in Germany have already seen much investment over the last eighteen months with little signs of interest declining and although it is expected that the market will prove to be a medium to long-term investment, the incredibly cheap prices within the property market such as Berlin are clearly not sustainable and we believe will surely increase, as Germany is at the beginning of its property growth.

The system of purchasing property in Germany is very sound, ensuring a safe title for both sides. The notary is legally bound to act as an impartial middleman between the buyer and seller ensuring that an investor is protected.

Apartments in centrally located areas are favoured by young professionals and young families alike. There are a number of centrally located areas of the city which are currently experiencing the greatest demand for property.

Over the past one to two years, substantial numbers of foreign buyers have begun to realise that Germany, and Berlin in particular, offers some of the best value property in Europe.

There is a huge demand for rented accommodation in Berlin, and German tenants take great pride in their homes, the areas where they live, and usually demand long-term tenancies, making Berlin property for sale an attractive proposition.

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