Overseas property news - Berlin 'centre stage' in germany

Berlin 'centre stage' in germany

The German economy is now firmly in the driving seat of the entire EU economy and is attracting an ever increasing interest from international property investors...

movewithus, the UK’s leading property specialist, has just announced the launch of two new off-plan developments in central Berlin.

The first, Invalidenstrasse, is a modern project located in the district of Mitte, within walking distance of the famous Brandenburg Gate. The second, Wilhelminian Palais, is a stylish period renovation in Berlin’s popular cultural district, Prenzlauer Berg.

Robin King, movewithus founding director, said: “Germany’s economy seems to be roaring ahead despite warnings of recession in other markets. This increases German spending power and the demand for domestic property.”

Great deals in Berlin

The German government announced in March that the country is having one of its best ever years for exports. Despite a strengthening Euro, the country is becoming more and more affluent. German home-movers are increasingly using their new-found wealth to purchase property in the historic and cultural epicentre of the country in Berlin. Centrally located off-plan property is especially popular, due to its prestigious location and individuality.

Robin King added: “At the moment there are some great deals in central Berlin. If you can buy a quality property in a highly sought after area before the Germans do, you stand a great chance of making some real returns.”

Property in Invalidenstrasse, Mitte is priced from around £80,000 and in Wilhelminian Palais, Prenzlauer Berg, from around £90,000.

For more on investing in Berlin visit www.movewithusinternational.co.uk or phone 0800 520 0927

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