Sotheby's International Realty Donna Stockman

International Real Estate News: Berlin

International Real Estate News: Berlin

Berlin is a hot destination for real estate. There are numerous new developments as well as conversions of older prewar buildings being renovated and updated while retaining its original charm and high ceilings.

I went to Berlin in 2014 to check out the city as as #RealEstate investment opportunity for some clients. If you are looking to diversify, Germany is the only country where affordability is clearly below its long-term average and may rise on the back of higher incomes. Thus, the German market seems to offer good fundamental value on top of its status as a safe haven in the euro crisis. Additionally, Berlin is a hotbed for real estate – chock full of new developments, like older prewar buildings that are being totally converted with new electric, plumbing, roof, Full of charm, high ceilings, what more could you want. This 1900 era is apartment, with high ceilings and old world.

While in Berlin to investigate investment opportunities, I saw this charming apartment conversion in the hot area of Kreuzberg.

And a Bloomberg article discussed how Berlin is becoming a major tourist destination.

SimonDachStrabe BERLIN area photo