In recent years Berlin has become increasingly attractive to not only students and professionals, but families too. The stable economic situation, low unemployment rates, a huge variety of free time activities, low living costs and the cultural mix mean more and more people are moving to the capital to live and work. If you are a home owner, it could really benefit you to sell your property. It is not only private individuals who are interested in buying property in Berlin. Investors are constantly searching for properties to rent for themselves or resell.
Berlin apartment prices have increased by approximately 20% since 2017, and house prices have increased by 10%. Property prices are around 150% higher than the nationwide average. Property prices in Berlin have therefore increased the most worldwide. (Source: → Berliner Zeitung)
Whether you want to sell a small house or a large old villa, this decision could be very financially rewarding for you, especially if you bought your property 10 years ago. This is because if there are more than ten years between the purchase of an object and its sale, then the profit is tax-free.