Berlin property - It’s official, values are increasing!!

The official statistics released by the German Statistics Office indicate a 7.8% increase when comparing 3Q 2007 with the same quarter last year. Congratulations to all of our clients who have already invested in Berlin property. We don’t like to say we told you so....... BUT WE TOLD YOU SO!!
What an opportunity property in Berlin really is!! Where else can you buy an apartment in a major European capital city
for the price of a garage in London or Dublin?

Berlin property had bottomed-out just over a year ago as the official statistics will confirm. However, it still has some of the lowest property prices in Europe as well as some of the lowest rents in Europe.
(You will notice I didn’t say lowest yields!).

Berlin expects five million inhabitants by 2010 (currently 3.5M) which will add significantly to the pressure in finding accommodation, in particular for singles and small families. Demand is increasing, supply is virtually stagnant - you don’t have to be John Maynard Keynes to realize
this means higher prices for property in Berlin.

Investors can look forward to excellent growth potential, competitive yields and an interesting and diverse market. Berlin is culturally strong, a vibrant city located in the heart of the new and expanding Europe. Tourism is flourishing and a new Berlin international airport is under construction. Property in Berlin is a safe investment yet with real growth prospects. This is not a market place with a property bubble about to burst - it’s a market just starting to bubble!

So there it is! You can wait another year and miss some more growth or you can follow the smart money and GET IN NOW!