
Our current overseas property feature is Berlin, Germany, but we also have a comprehensive range of properties available in 16 other countries.
For further information or a free consultation please contact us using the details at the bottom of this page.
Don't miss the opportunity to invest in a major European
Capital City!
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High quality Berlin State owned property for sale
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Extensively renovated apartments
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Already tenanted and earning income
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Located in long established and respectable parts of the city
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Good local property management to look after your investment
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Benefit from the rejuvenation of a major European capital
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Excellent transport links & nearby shopping & leisure facilities
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Direct flights from Belfast with Easyjet
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Don't miss the opportunity to buy into the vibrant capital city of
Germany!
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Prices start from around €35,000 euros
For further information call WATSON PROPERTY SALES on 028 9045 0045 or fill in
the overseas property enquiry form at the bottom of this page.
About Berlin:
Eighteen years after the fall of the Berlin Wall, which
separated capitalist west Berlin from communist east Berlin, this unique city
is now finding it's way as the capital of a reunified Germany. Germany was one
of the founding members of the European Union, is a member of the United
Nations, NATO and the G8. It is the world's third largest economy by nominal
GDP, and is the largest economy in Europe by far. Germany has developed a high
standard of living and established an advanced system of social security. It
holds a key position in European affairs and is recognised as a scientific and
technological leader in several fields. With a population of 3.4 million in its
city limits, Berlin is the country's largest city. It is the second most
populous city proper and the ninth most populous urban area in the European
Union. Berlin is the third most-visited tourist destination in the EU and is
home to world-renowned universities, research institutes, sporting events,
orchestras, museums and personalities.
So why is property in Berlin still so cheap?
Much disruption since the second world war (war damage, occupation, partition
and reunification) has made this city unique and for many years made "normal"
life impossible. This city, unlike other German and European cities, has had to
start from scratch in 1990 and as a result it has been slow to become a
property hotspot. The very impressive regeneration of the city since 1990
coupled with good economic prospects is precisely why many experts think that
it is worthwhile to invest in Berlin now, and if you look at the many articles
now appearing in the international press you can see that the momentum is
building.
Why invest in Berlin real estate?
Berlin has a highly sophisticated rental market, which is in some ways quite
different from the Northern Ireland market in that it is geared more for
long-term tenancies rather than for the short-term. Rents in Berlin are
relatively low compared to other cities in Germany so many Berliners have been
content to rent instead of buy. In fact only around 25% of Berliners reportedly
own their own homes (German national average is 43%) and there is a very good
demand for rental property. Rents are increasing steadily and from 2005 to 2007
there was a 5.8% increase. The reason for low rental levels is not a
reflection on the properties themselves but rather as a result of the many
changes that the city has seen. Many investors and speculators expect steady
growth in Berlin as the market and the city continues to come in line with
other German cities and to the level of an important capital city. The average
tenant is said to rent for 8 years at a time and with a strong rental culture
and a ready supply of tenants, the buy to let investment market here is surely
a sensible prospect. Much improvement in the economic fortunes of the city is
expected over the next few years, and indeed major investment has already
transformed parts of the city so investors are urged to think upon Berlin as a
long-term investment growing at a steady pace, rather than for a quick
turnaround.
What type of property is available?
The apartments we can source are good quality state owned, refurbished, usually
already tenanted and are in good well established neighbourhoods. Berlin has an
excellent overground and underground transport system making it possible to
commute to other areas of the city using public transport.
We also have property available in:
Bulgaria |
Spain |
Morocco |
Romania |
Italy |
Cape Verde |
Turkey |
Cyprus |
Hungary |
France |
Egypt |
Czech Republic |
Brazil |
Thailand |
U.S.A |
Portugal |
& more |
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So whether you are looking for that luxury villa in Northern Italy or
Marbella or are simply looking for a straightforward buy to let in Bansko or
Berlin, make Watson Property Sales your first call!
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For further information or a no obligation consultation with our
overseas property partner Stephen Barnes, call:
WATSON PROPERTY SALES on 028 9045 0045
or fill in the overseas property enquiry form below: |
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