Apartments in Berlin: High yields, low risk
Residential Real Estate = A stable investment
Compared to other investments, such as stocks, the value of real estate in Berlin is nowhere near as volatile and rental income is fairly immune from economic ups and downs. Yields on residential real estate in Germany’s Top 7 cities currently average around 2.7%.
(Source: JLL, Investment Market Overview Germany, Q4 2018)
Mortgage Interest Rates at Record Lows
Taking out a mortgage on an apartment in Berlin has never been so affordable. 10-year, fixed-rate real estate loans are available at interest rates as low as 1.55% p.a.
REDUCE TAXES: BUY AN APARTMENT IN BERLIN
When you buy an apartment in Berlin, you can deduct 2% of the acquisition costs from your income tax every year. For even bigger tax savings, take out a mortgage: you can deduct the mortgage interest from your income tax.