Germany

Financial Overview

Property Search

Global Statistics

House Prices

Regional Statistics

May 31, 2012

Germany rental yields – Berlin now less exceptional

			Last Updated: May 31, 2012
BERLIN - Apartments	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
BERLIN - Apartments	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
75 sq. m.	224,250	803	4.29%	2,990	10.70
120 sq. m.	371,280	1,274	4.12%	3,094	10.62
180 sq. m.	743,580	2,126	3.43%	4,131	11.81
FRANKFURT - Apartments
50 sq. m.	162,700	634	4.68%	3,254	12.68
85 sq. m.	301,240	1,131	4.50%	3,544	13.30
120 sq. m.	481,080	1,698	4.24%	4,009	14.15
185 sq. m.	698,745	2,723	4.68%	3,777	14.72
MUNICH - Apartments
45 sq. m.	187,110	726	4.66%	4,158	16.14
75 sq. m.	338,625	1,094	3.88%	4,515	14.59
120 sq. m.	612,120	1,836	3.60%	5,101	15.30
200 sq. m.	1,378,600	3,310	2.88%	6,893	16.55
Berlin: Charlottenburg, Friedrichshain, Grunewald, Karlhorst, Mitte, Prenzlauer Berg & Wilmersdorf Frankfurt: Bockenheim, Bornheim, Nordend, Sachsenhausen & Westend Munich: Au, Bogenhausen, Freimann, Haidhausen, Lehel, Maxvorstadt, Neuhausen-Nymphenburg & Schwabing Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

For expats in Germany who wish to buy or rent an old, but well-refurbished apartment, Berlin has the most affordable options, compared to Frankfurt or Munich. A 120 square metre (sq. m.) apartment in Berlin costs around EUR3,000 per sq. m. In Frankfurt, the same sized apartment costs around EUR4,000 per sq. m. while in Munich it costs around EUR5,000 per sq. m.

Rents are also the cheapest in Berlin, ranging from around EUR11 to EUR12 per sq. m. per month. In Frankfurt, rents range from around EUR13 to EUR15 per sq. m. per month. Apartments in Munich are the most expensive to rent, with rents ranging from around EUR15 to EUR17 per sq. m. per month.

This means that one can rent a 120 sq. m. apartment in Berlin for around EUR1,300, in Frankfurt for EUR1,700, and EUR1,800 in Munich.

On the other hand, real estate investors, i.e., buyers of property for investment purposes, can earn the highest rental return on their investment from apartments in Frankfurt, where gross rental yields range from 4.24% to 4.68%. Rental yields in Berlin came in second, with small Berlin apartments earning as much as 4.29%. Rental returns for apartments in Munich range from 2.88% to 4.66%.

All apartments included in the survey were located in the upscale residential neighborhoods of Berlin, Frankfurt and Munich.

Germany - more data and information

Comments

#1 HUDA | April 17, 2010

please i want an apartment 120-200.sqm with minimum 3 rooms maximum 15 minutes walking to the center or 10 minutes by underground 3-4 stops.thanks

Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.