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Berlin compared.

Real estate in Germany and especially Berlin compares as a golden opportunity for serious investors.

The Berlin real estate market is much like the London property market, 15 years ago
     
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Just how inexpensive is real estate in Berlin today?

Here's a quick comparison of world-class cities with noted Neighbourhoods:

World-class city Average property
(prices per square meter)
Noted neighborhoods
LONDON € 15000 to € 18000 Notting Hill, Chelsea, Kensington
NEW YORK € 9000 to € 11000 Manhattan's Upper East Side, Greenwich Village
PARIS € 7000 to € 8000 6th, 7th, 8th arrondissement
BERLIN € 1200 to € 2300 Friedrichshain, Prenzlauerberg, Mitte, Charlottenburg
BUENOS AIRES € 700 to € 1040 Recoleta, Palermo
Quite a difference! Berlin is closer to a third world city like Buenos Aires then it is to any Western European capital. Even Prague, Warsaw and Budapest are higher priced. It is also the lowest priced major German city.
This will not stay this way for long though.

Note that Berlin has areas where prices are even lower. It is our choice to focus on the up market parts of Berlin for the reason that they provide more security when it comes to rental return and these areas have a much higher capital growth forecast. Let us show you why, contact us for an appointment.
   
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