Comission-free Apartments for sale in Berlin

Buy an apartment: City of Berlin

Once the capital of the GDR, since reunification the capital of the whole of Germany, the metropolis of Berlin - world city of culture, politics and media - is an ever-growing magnet for people from all over the world who want to make Berlin their home. In the age of the Internet, people all over the world are talking about Berlin's modern and interesting architecture, its festivals and its pulsating nightlife with its very own charm and quality of life.

The fact that Berlin, which has a strong economy, has enjoyed great popularity for years is due not only to the wide range of leisure activities on offer, but also to the fact that there is a diverse spectrum of professional opportunities in the creative and cultural industries, tourism, biotechnology and energy technology. Although Berlin still has the highest unemployment rate in a comparison of German states, the trend is downward because more and more large corporations are locating there, and thus the number of jobsis increasing.

Living in the German capital Berlin

For many years, the metropolis on the Spree has seen enormous growth in the construction and purchase of apartments. The districts of Charlottenburg, Steglitz and Mitte are particularly sought-after. Whether a quiet peripheral location, a neighborhood close to the center or a penthouse on the waterfront - whether high-quality furnishings or a spacious roof terrace - whether inexpensive or upscale - either way, thepurchase price for an apartmentthat doesnot require a brokerage fee reduces the overall cost and is particularly hotly sought after .

Apartments for sale in Berlin

The fact that an investment in an apartment in Berlin is worthwhile is shown by the development of the purchase prices for apartments in recent years. The housing market in Berlin is currently experiencing the strongest increase in rents and purchase prices in 20 years. Clearly, commission-free apartments are all the more in demand.

According to Investitionsbank Berlin, the markets for condominiums and apartment buildings are booming the most. The attractive inner-city locations in Berlin are the most in demand. However, demand for the purchase of apartments is also rising in other districts. Particularly popular: Apartments for which no brokerage fee is payable.

Real estate prices in Berlin in 2014

Anyone looking for a particularly affordable apartment to buy in Berlin should focus on the districts of Marzahn, Spandau, Hellersdorf and Niederschöneweide (Treptow) on the outskirts of Berlin. A condominium in Niederschöneweide costs €1,032/sqm. The highest price is currently €4,800 for apartments in Berlin Mitte.

The average property purchase price in Berlin is €2,870/sqm.

For a 30 square meter - dwelling is up-to-date the average purchase price with 2.697 €/sqm. With a 60 square meter - dwelling one pays at present on the average 2,321 €/sqm. The average purchase price for a 100 sqm apartment in Berlin is currently €3,465/sqm.

Forecast

Little new construction will continue to ensure scarce living space in Berlin in the future. We therefore expect further increases in the value of condominiums in Berlin in the coming years.There isno doubt that this will increase the demand for buying apartments without a broker.

Conclusion: Anyone who buys an apartment in Berlin today is guaranteed to benefit from future increases in value in the capital.