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Property Name
Property Name
Property Name
GARTENHAUS, BERLIN GERMANY
FOR SALE:
€ 322,000
Located within walking distance of Europacity, Gartenhaus residents will directly benefit the district’s growing number of employers, businesses and services.
Why invest in Berlin? People: Berlin’s population rose by over 60,000 residents in 2016 alone and is forecast to increase by a further 7.5% between 2015 and 2020.
Housing shortfall: There is currently a backlog of 80,000 residential units and a requirement for an additional 20,000 completions per annum, but only 15,000 were supplied in 2017.
Uplift: Capital growth rates have averaged 10.9% per annum since 2009.
Demand: Berlin’s rental market has an extremely low vacancy rate of just 1.2% and owner occupancy rate of 15%.
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