The Berlin real estate blog

Relevant topics around the Berlin real estate market and interesting contexts, prepared editorially by us. This is our real estate blog.

Secretary of State in the Senate Department for Urban Development, Ephraim Gothe, had to resign.

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Rising revenues making 2013 a peak year for the real estate market in the German capital Berlin. 2014 starts moderately.

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We are pleased to announce that Guthmann & Guthmann Immobilien GmbH has become a member of Berlin’s most important network “Berlin Partner“. Berlin Partner is a unique, public-private partnership between more than 200 companies from the economics and technology sector and the Senate of Berlin. Berlin Partner is a commitment to the German capital.

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The Administrative Court of Berlin has decided under an emergency procedure that the use of apartments as holiday homes in residential areas may be contrary to the requirement of being considerate.

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December 2013 3.517 million citizens were registered in Berlin. These are the most recent figures from the Federal Statistical Office of Berlin.

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The German and especially the Berlin real estate market is doing as well in 2014 as in 2013.

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Private Berlin visitors must pay a 5% fee on top of daily hotel rates.

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And there is no week where we can’t read articles in papers and magazines, nor hear features in the radio and watch polemical talks in the TV. In the end the conclusion is almost always the same: investors are under suspicion of destroying old, grown together urban structures. Are residents and quarters in Berlin really being totally run over unexpectedly, as we are told?

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Investors are currently planning and building significantly more new buildings in Berlin. The Senate Bureau of Statistics published in a recent report that this year the authorities have approved 40 percent more building permissions for new homes than in the same period last year.

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For many “smaller” investors, buying a property in Berlin is associated with a high financial effort. We support you during the whole acquisition process.

#1 In order to assure that the property leads to an additional income and does not become a burden for you, you should consult an expert with the due diligence of the Berlin property and follow some basic rules. Rule # 1: Set up a solid financial plan for your Berlin real estate. Buy only Berlin real estate that you can afford in the long term. The investment property should be at least largely repaid when you retire. If the interest and repayment of a financed property is not carried from the rental income, these costs will have to be paid even if the retirement income is lower or, in the worst case, no longer available.

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Federal Court: Neutral look is a must.

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Together with state-owned housing associations, Berlin plans to devlop in 2016 about 1,700 housing units on the western edge of Tempelhofer Freiheit.

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