Berlin has never been more interesting for investors as today
Berlin has reached its peak of attention regarding buying real estate. Since the spectacular Fall of the Berlin Wall in 1989, the Capital city has developed to a metropolis of the world. It became the hub of the federal government and is ever since seen as one of the most important political locations in Germany, if not even Europe. Berlin became a dynamic hub of economy and offers plenty of interesting possibilities for investors, especially speaking about investing in real estate in the best areas of Berlin.
Berlin – Culture, Science and Modern Infrastructure
As Berlin has optimal conditions regarding location and modern infrastructure, more and more investors are attracted to the Capital of Germany. Versatile research and development, as well as its outstanding cultural offers form the urban and trendy surrounding of Berlin. That is one of the main reasons why it is still possible to find affordable properties in the city centre of Berlin. Those properties in Berlin are usually sold under much better condition (and much more affordable prices) than in other big cities of Germany, such as in Munich, Düsseldorf or Hamburg.
What Future Investors Have to Keep in Mind: Location
Such as any other real estate investment, there are three things to be kept in mind: Location, location and once again location! The first step to an adequate investment is choosing the right location in Berlin, whether for pure investment reasons or for financial precautions for the future, it is all about creating more value for the our generation.
Charlottenburg is known to be a very favoured area, especially for family-friendly folks and above average earners, as it is a quiet, but yet central location with its charming classical apartment buildings and its high supply for objects as purchase.
Berlin-Mitte is not only for its city centre location attractive, but also because of countless sightseeing spots of the city, such as the museum island, the legendary Brandenburger Tor or the famous street ‘Unter den Linden’. In Mitte there is a significantly high supply for rental apartments.
Those investors looking for traditional structures of a building, might be interested in the area of Prenzlauer Berg. With its beautiful old apartment buildings, it has developed into a very cosy part of Berlin with exclusive restaurants, bars and the place to be for Sunday Brunch in the Capital.
Each district in Berlin differs from the other and is like its own small city, that is growing more and more. Buildings are reconstructed, rents are getting higher and all that due to urban density.
These areas are the main hotspots for real estate investment with strong increase in value and secured retirement provision. They are referred to as the most innovative and most lucrative neighbourhoods in Berlin.
Creating Value for the Future
Berlin is currently the most interesting city of Germany. Especially when it is about sustainable growth in value of real estate.
Comparing Berlin with other European cities it becomes obvious that Berlin does not only offer the most interesting and affordable properties but also the ones with highest quality, lifestyle possibilities and a steady tendency of growth.
Investors whom are interested in investing for the future and aim to create value for future generation, are having the best chances to fulfil a life-long investment in real estate in the Capital city of Germany.
Sources:
www.berlin.de
http://www.stadtentwicklung.berlin.de/wohnen/wohnungsmarktbericht/
