Tag Archives: MimboloveProperty in Berlin – The Most in-Demand Commodity – Capitalize on It
There is no time like the present. This applies to the property market in Berlin as it applies to other walks of life. Property in Berlin is the most in-demand commodity these days with construction only one-third of the present demand and not quite in a position to meet future demands. Berlin has outstripped London in terms of growth in real estate transactions and is the hot spot for Russian, British, French, Spanish and Italian property investors.
Couple this rising investor interest with an influx of immigrants and you have a situation where demand outstrips supply. The result is property prices have skyrocketed in the past year, fears of the Euro notwithstanding. Even then prices here are 50% of the prevailing property prices in Munich. This means there will be considerable appreciation in the coming period and investors can make windfall profits. For sellers too, the time is ripe to cash in by disposing off their properties at attractive prices.
In order to get the best deal, whether you are buying or selling, you must have a good idea of: (more…)