Investment and investments
As Germany’s most populous city, Berlin also has the largest real estate market: There are approximately 1.84 million apartments in the entire city area. Despite all the political and economic discussions and regulations in tenancy law, the market for condominiums and apartment buildings in Berlin remains a sought-after investment location that stands out in a Germany-wide comparison.
8 reasons to invest in Berlin:
- Berlin’s attractiveness: Berlin is particularly attractive to young people, but companies and investors from all over the world are also drawn to the capital.
- The strong economy: Renowned international companies, including Tesla, see Berlin as the industrial location of the future because of its excellent research landscape, strong digital and creative industries and numerous innovative start-ups.
- The high demand for apartments: Demand for apartments and office space in Berlin far exceeds supply.
- Lack of new construction: by 2030, there will be a shortage of 194,000 apartments in the city. A gap that needs to be closed.
- Affordable price levels: Property prices remain favorable both in Germany and in Europe.
- Whether asset protection or building – convincing investment: Compared to alternative investment opportunities, real estate in Berlin offers more opportunities with lower risks.
- Depreciation: Depreciation options of 2 to 2.5 percent remain attractive.
- Buying is still cheaper than building: Average construction costs of around €3,500/m² are offset by square meter prices of around €3,088/m².