There are many reasons to buy an apartment building in Berlin. One fundamental advantage can be found in the financial area. An apartment building is an investment in value that is not subject to strong fluctuations. It is a safe investment that yields a profit for a long time. But there is also a reason for buying an apartment building that lies in the private sphere. Buying an apartment building in Berlin can also lay the foundation for a multi-generation house. In it, the generations can live in self-contained residential units, which both promotes cohesion and takes individual needs into account.

This is why you should buy an apartment building in Berlin

Berlin is one of the cities that is constantly growing. The number of inhabitants as well as the demand for living space will continue to rise in the future. The city is home to the seat of government and many international companies have their headquarters in Berlin. These are aspects that make it a very lucrative proposition to buy an apartment building in Berlin. The attractiveness of the city ensures that landlords are free to choose their potential tenants. This makes it easier to find solvent tenants who will also treat your property with care. This circumstance ensures that Berlin’s real estate market is on a steady upward trend that even the rent brake can hardly stop. An excellent net return can therefore be expected here, making your investment lucrative.

Buying an apartment building in Berlin as an investment?

It is impossible to imagine the German real estate market without rental flats. Rental properties are a sought-after commodity. This is especially true in the metropolises. Buying an apartment building in Berlin therefore also means that you can count on secure rental income. This is especially the case if a property is purchased in a good location. The short distance to public transport raises the value of a property just as much as good schools in the vicinity. It is not only the environment that benefits from energy-efficient measures. Energy-efficient refurbishment helps the owner to gain tax advantages. In addition, rents can be adjusted after the work is completed, generating higher income if necessary. Another reason why buying an apartment building in Berlin makes sense is that financial security is provided – especially against the background of inflation. Even if prices rise, the value of the property is not negatively affected. The apartment building remains a secure source of income that yields the usual profit every month.

What you should bear in mind when buying an apartment building in Berlin

If you buy an apartment building in Berlin, it should meet all your requirements. If it is to serve as an investment, it must be ensured that the expected rental income and the purchase price are in a favourable relationship. This is especially the case if the property is financed by mortgages. If you want to use the building privately, the floor size and the individual living units should meet your family’s requirements. This will save you high conversion costs in order to adapt the property to your needs. When buying a property, however, the following aspects should also be taken into account:

• Location
• Building method
• Type of house

If all these parameters are in an optimal range, then you will be satisfied with the decision to buy an apartment building in Berlin.

Conclusion

Real estate is a very attractive investment, especially in metropolises. Due to the constant influx of new residents, the real estate market in Berlin will hardly stagnate in the future. For this reason, stable rental income can also be expected, which definitely still has upward potential. If the building has a good location and is in equally good condition, the costs are also bearable. However, buying an apartment building in Berlin is also an asset in a private context if the desire is for a comfortable multi-generation home.