All real estate in Berlin, Germany

Location, climatic conditions, and economy

Berlin is a city in Germany (capital), located in the eastern part of the country on the banks of the rivers Havel, Spree. The climate is temperate; in summer the average daily temperature is +18.8°C, in winter - +1.3°C.

Berlin has the following developed sectors of the economy: mechanical engineering, electronics, electrical engineering, medical equipment, information and communication and biotechnology, services, advertising and design, the music industry, and tourism.

Market and real estate prices in Berlin

Experts note: at the moment the real estate market in Berlin is active, there is no reason to assume stagnation. Buying real estate in Berlin is still profitable. An increase in sales and prices is observed in all segments; the climatic factor, geopolitical circumstances have not yet fully manifested themselves, their influence is not acutely felt. In the short term, real estate prices in Berlin may slow down their dynamics, the market will begin to move towards achieving a balance between supply and demand.

Buying real estate in Berlin for foreigners is simple, there are no restrictions, the right to purchase does not depend on residence in the country. A number of experts believe that the result of this approach was that in today's unstable environment (migration, etc.), residential real estate in Berlin has experienced a steady upward trend in prices in recent years. Investors and buyers prefer buying residential real estate in Berlin in detached houses to an even greater extent than before, and the demand for it is growing. The increase in price (per square meter) was 18 percent per year, objects in multi-apartment residential complexes and commercial premises also increased in price by 23 percent, for land - from 5 to 30 percent. Customer reviews confirm the compliance of the facilities under construction in the residential complex with EU quality standards.

The average cost of real estate in Berlin per square meter (housing):

• primary - from 8000 USD,
• secondary - from 5000 USD,
• The average annual yield of commercial real estate (office buildings, student dormitories, supermarkets, hotels, tenement houses) is 4-7%, objects can be purchased at a price:
• tenement house (1800 sq.m.) - 5,300,000 USD,
• restaurant (300 sq. m.) - 950,000 USD,
• office (55 sq. m.) - 270,000 USD,
• retail space (40 sq. m) - 400,000 USD.

A building plot of land (3,300 sq.m.) is usually sold for $3,300,000. Due to price dynamics, it makes sense to search only for information that is current at the time of the request.

Property types for sale

primary and secondary fund: private apartments in the residential complexes (infrastructure and facade belong to the developer company), separate houses (with two or more floors for one family, for two apartments, a double building with one common wall, as well as houses: one-story for one family, connected in a row, a chain of objects, wireframe, summer houses),

• commercial facilities (warehouse, office, retail space, hotels, apartment buildings, etc.);
• land plots.

The real estate website GEOLN.COM, which allows you to quickly search the catalog for real estate in the primary or secondary market and get the necessary advice is there to help the investors and buyers. The sale of real estate in Berlin is regulated by law, transactions are transparent and safe, but in order to minimize risks, it is advisable to use the information of experts and follow their recommendations.

Buying real estate in Berlin is a prestigious, promising investment with high rental income, the opportunity to live and do business in a city with a developed stable economy.