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Milestone Immobilien AG

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2020-12-22 13:22:38

Company address

Location:

Alemanha, Berlin , Stresemannstraße 99, 10963 Berlin, Germany

Service types

About company

Residential real estate prices have been rising especially in the last year. With more and more people moving to Berlin, there is a strong need to build and develop new properties to meet the demand. Developments are far behind the needed 10,000 apartments per year, which keeps prices up. Nevertheless, Berlin’s prices are still easily competitive with other top cities in Europe. Average prices per sqm in London are around 10.000 €, in Paris about 8.000 €, in Münich 5.000 € and in Berlin prices go from 1.000 to 4.000 €. The average yield expected from Berlin properties is around 4 % at this moment. The main reason to take advantage of investing in Berlin right now is due to the general direction in which the city is growing.Berlin is in the top three most attractive real estate markets for existing investments, new investments and development (pwc). Both Berlin’s GDP and rise in disposable income are higher than the national average. Digital trading and service industries are growing, while the city still has a strong electrical engineering and chemical industry. It is also a hub for research and development, having 11 state universities and various scientific institutes all nearby.

Milestone Immobilien AG

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