|Last Updated: May 31, 2016|
|BERLIN - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|90 sq. m.||367,110||1,082||3.54%||4,079||12.02|
|120 sq. m.||598,920||1,493||2.99%||4,991||12.44|
|FRANKFURT - Apartments|
|60 sq. m.||245,760||794||3.88%||4,096||13.24|
|120 sq. m.||544,680||1,678||3.70%||4,539||13.98|
|MUNICH - Apartments|
|60 sq. m.||383,760||1,112||3.48%||6,396||18.54|
|120 sq. m.||942,360||2,243||2.86%||7,853||18.69|
|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
Prices of houses and apartments in Germany are rising. Berlin is still much more affordable than Munich, but Germany´s capital city is now more expensive than its financial centre, Frankfurt.
The purchase price of apartments in Munich´s prime residential districts is around 7,800 euros per sq. m., while in Berlin apartments cost around 4,900 euros per sq. m., and in Frankfurt around 4,500 euros per sq. m..
How much will you earn? Over the last two years, Frankfurt has moved into the lead in terms of rental return-on-investment. Yields both in Munich and Berlin are a little lower than in Frankfurt.
These are not high yields. All apartments included in the survey are located in the upscale residential neighbourhoods of Berlin, Frankfurt and Munich, and somewhat higher yields can be had on smaller apartments in poorer neighbourhoods.
Wherever you buy, you are unlikely to have much problem letting your apartment. Especially at the lower end there is an acute shortage of affordable apartments as the German boom continues, sucking in workers from all over Europe.
Round trip transaction costs are moderate to high in Germany. See our Germany transaction costs analysis and our Residential property transaction costs in Romania compared to other countries.
#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
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