British, French, Spanish, Italian and Russian investors are making a beeline for Berlin to buy property here in order to make profits. Apart from investors there are migrants who need a place to stay and wish to buy property in Berlin. In either case, the buyer lacks knowledge of prices of property in different locations of the city. The result is that in their haste to get hold of a piece of property, they may end up paying more than they should.
Only a local realtor with his ear to the ground and a finger on the pulse of the realty markets knows the true value of property in different locations. In the periphery of Berlin, the prices are low and if you are on a limited budget, this is the area you should focus on if you wish to buy property in Berlin. Prices in better locations for property with good amenities are correspondingly higher. Mitte district leads in prices with Charlottenburg-Wlmersdorf a close second. Lichtenberg, Spandau and Reinickendorf/Tegel are more affordable with prices almost 50% of the rates prevailing in Mitte.

Knowledge of prevailing prices is one thing, knowing which way the prices will move and how much the prices will appreciate is one of the fine arts in which a Berlin realtor is quite expert. Therefore, if you wish to buy property in Berlin from the investment point of view, ask for his advice. He knows how fast prices in each location will appreciate and recommend a suitable property. If you are buying apartments with a view to rent them out, it is a good proposition as rents have remarkably appreciated in recent times and will rise even further. The demand is three times the supply and rate of new construction simply cannot keep pace.

A local professional Berlin real estate agency has experts constantly tracking property developments and markets in the city. On the one hand they have a stream of property sellers lined up and, on the other, there people looking to buy property in Berlin. Today you may buy; tomorrow you may sell. In both cases, your expert realtor gives you honest opinions about state of markets, legalities involved, and procedures to be followed and, of course, advice about whether this is the right time to buy or whether you should wait a bit. When you are a buyer, your realtor works entirely on your behalf, safeguarding your interests and making sure that you get the best property at the lowest possible price. Then, when you turn seller, you can be sure this time around your agent will work just as devotedly to ensure your interests are protected and you get the maximum price. Consider him as a friend with your interests at heart who does everything from finding sellers to negotiations to documentation. Experience flawlessly smooth property transactions carried out by the real estate agency, leaving you free to focus on other areas of your life.