Flats for Sale Berlin Offers To Investors

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Flats for Sale Berlin Offers To Investors
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Berlin is one of the fastest, if not the fastest,
growing property market in Europe. Prices, though
rising fast, are still lower in comparison to
those prevailing in other cities in Germany or
elsewhere such as Rome or London. For an
investor, Berlin still offers plenty of chances
to make profits or get assured returns on their
investments if they consider formulating a
strategy in consultation with a local Berlin
realtor. Investors considering investing in flats
for sale Berlin brokers offer must think of a
suitable strategy before snapping up the first
available one because they know there are many
buyers. The demand is high as more people move
into Berlin and the city grows as a trade centre.
Investors also have the option of purchasing
existing flats for sale in this city or buying
flats under construction known as off plan.
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Ready to sell flats in Berlin City   You buy a
flat that is part of a condo and thus become part
owner. Even if these old apartments located in
some of the best areas of Berlin such as Mitte
and Charlottenburg-Wilmersdorf priced at around
Euro 3500 to Euro 5000 per square meter are
available. Flats in these as well as the more
affordable sections of Spandau and Lichtenberg
where prices are 50 lower, may appear to be
attractive investments and investors may hope to
make a profit but what happens is that they pay
legal fees, costs of repairs and other charges,
that raises their investment.
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If they do sell off the flat, their return is low
or almost nil. On the other hand, rentals are
skyrocketing in Berlin and with the assistance of
a Berlin realtor, they could go in for short-term
rentals or lease with intent to buy arrangements
that fetches assured returns on investments.
  Then there are other not so well known facts
about flats in Mitte where prices show
variations. Pre-war properties attract a premium.
Flats built during the cold war era when Berlin
was part of the GDR were generally inferior in
quality and if investors buy into such property
they will be straddled with huge costs or face
difficulty in selling. Prices of apartments built
after the fall of the Wall are higher because of
better construction quality.
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Off Plan or Flats under Construction Off plan
flats or flats under construction in new upcoming
projects may be more desirable from an investment
point of view. The construction adheres to
current regulation in terms of building safety,
parking and energy efficiency, all of which do
influence renters and buyers should the investor
wish to rent out or put the flat up for sale. It
is also much easier to dispose off the flat at a
higher price and make a profit. Old versus new is
just one part of the entire investment strategy
when investors, especially those from abroad,
wish to take advantage of the current upswing in
Berlin realty market. The best way is to have a
local Berlin real estate agent take charge.
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Contact Us
GATE Berlin property invest GmbH Kurfürstendamm
30 Berlin 10719 Germany Phone [phone]
540 Email info_at_gateberlin.com
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