Why Berlin real estate is attracting foreign investorsThe German capital has some of the lowest real estate prices in Europe. Especially investors from America, Canada, Israel, Ireland and Great Britain detected the Berlin market. A square metre in a top location in Berlin costs around 1,500 euros which equals about 2,229.60 usd. In comparison buying a square metre in London costs around 15,000 euros or 22,296.00 usd. Most buyers speculate that an economic growth will hit Berlin and the returns will be a lot higher than in the rest of Europe. Berlin has some classic central areas on the former west side like Charlottenburg, Schoeneberg, Wilmersdorf which are always in demand. The east side of the city is considered much more trendy and buyers look into Prenzlauer Berg, Friedrichshain, Mitte and Pankow. Nonstop flights to airport Berlin-Tegel and the United States
exist since the year 2001. Visitors do not have to connect via
Frankfurt, Munich or Dusseldorf. |

