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Property Investing in Berlin, Germany – How-to / Basic Information

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If you want a quick overview as a property buyer this audiofile is right for you.

This is an interview I gave to Marie Langhout of nuwireinvestor.com in 2007. Its still more than up-to-date today (2010). 

I am an advisor and broker for individuals, as well as for institutional investors.

I have a strong opinion and will never just sell to you, but advise you even after you bought. However I think its not worth coming to Berlin if you have less than 75.000 Euro in equity. I even think that as a foreigner (with no German language knowledge) you should only invest in a block (multi-family house) or a house (single/double family home) NOT in a condo, because of several reasons. The main reason is that if you own the place 100% (together with the bank) you can choose the property administrator and you are the boss, you decide, not a mixed community of self-users, crazy non investors, and only German speaking, self-interested unprofessional property managers. Enjoy my interview and don’t hesitate to post questions. You can reach me trough my office at office@berlininvestment.com

Make sure to send an email before you call, because recognizing spelled email adresses is very hard for Germans, because some letters sound equal but are not.

Find more answers and how-to article regarding Berlin Property Investing on my website:

www.BerlinInvestment.com

You find more news, updates and my opinion on my blog:

www.REberlin.com

Best Regards,

Alexander Korte

 

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