Rock bottom prices
Due to unique historical circumstances, property in Germany’s new capital currently lies at rock-bottom prices – a great opportunity to snap up prime property at bargain basement rates.

To understand why the Berlin property market is so different from the rest of Germany, you need to look at its uniquely turbulent history.

Berlin – a turbulent history
After the war, industry fled the divided city to other parts of Germany. Due to the problems of the economy, house prices dropped in Germany after an initial post-reunification boom. The city of Berlin fell into huge debt, making it virtually bankrupt. All this has led to Berlin having some of the lowest prices for real estate in Europe with property prices still significantly below the 1990 level.

Things are now changing and a profitable future is predicted for investors in Berlin.

The time is now ripe to climb onto the Berlin real estate market
Home ownership levels in Germany are among the lowest in Europe at 44%. In Berlin the figure is around 13% due to decades of heavily subsidised rents, when both the Communist regime and the West sought to artificially prop up the isolated city. However, rents are expected to rise in future, resulting in more people opting to buy.

Government initiatives are providing better financial packages to help up to half the population step on to the property ladder. The time is now ripe to climb onto the Berlin real estate market before this long-standing market correction resolves itself.