|Last Updated: May 31, 2012|
|BERLIN - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||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||
|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.
#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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