Benefits of investing in new buildings in Berlin

Buying a home in the German capital might be expensive, but this choice has a number of important advantages. Berlin has a very developed infrastructure, as well as a large number of big corporations. Thanks to this, real estate objects are in demand here. In addition, after purchasing a home foreign investors can apply for a residence permit. Although it should be noted that in order to obtain it one has to meet several criterias, for example, to have official employment, regularly pay taxes, etc.

Many buyers of real estate in Berlin choose newly constructed housing. Despite the fact that the cost of such houses and apartments is often higher than secondary housing, this does not reduce the popularity of these proposals. Objects in new buildings are sold very quickly, even during periods of economic crisis.

Why is it worth giving preference to new buildings in Berlin?

Buying a new home in the German capital has the following advantages:

• Buyers have access to a large number of offers in various price categories - you can find quite profitable options with a cost of 90 thousand euros, or give preference to comfortable expensive objects.
• Housing in new buildings can be rented out, giving you the opportunity to quickly recoup your costs. In the central districts of Berlin such options are especially popular.
• All buyers have access to favorable lending offers, according to which only half of the cost must be paid first, and the rest can be broken down into a number of mortgage payments.
• Investing in new buildings is protected at the legislative level, and thanks to them buyers receive legal protection and do not run the risk of facing scammers.
• When buying such residential properties, the transaction can be concluded remotely without the need to visit the country, which is especially convenient during a pandemic. All you need to do is choose a personal representative in Germany.

Another important advantage is that all apartments in Berlin, like in the rest of Germany, are sold renovated. This means that it will be possible to move in or rent out the housing immediately after the deal is concluded. No additional costs for the arrangement will be required.