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Berlin property boost

11th January 2007 Print
Buy to let development in the Tempelhof region of Berlin available exclusively through IMOINVEST Berlin is hotly tipped to be one of the main investment markets over the next decade. Having come to terms with reunification it is now seeing increased high levels of investment from private equity firms. Additionally government initiatives are helping to provide better financial packages to help as many as potentially half the population step on to the property ladder. Germany and in particularly the powerhouse of Berlin look set for a prosperous future.

The International Green Week in Berlin is an exhibition for the food industry, agriculture and horticulture. This concept with a tradition dating back 81 years has been consistently successful and last year alone saw over 410,000 visitors. Running between 19th and 28th January this year, visitor numbers are expected to surpass last year.

This is a compliment to the veritable mother lode of experiences for lovers of art, architecture and artefacts. Berlin’s great clusters of museums will keep the most dedicated culture addict happy. The layers of the city's history, from imperial fancy to war and violent division, exist in fascinating proximity to its dynamic present. Since reunification in 1990, Berlin has evolved into a dynamic, sexy and creative city where a surprising light heartedness lurks beneath an austere exterior.

Berlin is the heart of modern Germany, with a stoic beat that echoes through grand public buildings, glorious museums and theatres, urbane restaurants, bustling pubs and raucous nightclubs. It's a city that thrives on change and that has made a virtue out of reinventing itself.

Julien Lu Regional Director for IMOINVEST says, “Germany is potentially the strongest property market in Europe; however recent years have been spent in uniting the west with the old east, a task that many other countries would still be reeling from. Now on a stable footing and with all the signs pointing towards a property boom, investors are aplenty. Such exhibitions as ‘International Green Week’ only further help endorse these clear signals and an influx of over 400,000 visitors is another good indication as to the burgeoning rental market which will be lifted even higher as property investment increases.”

IMOINVEST are currently marketing refurbished studio and one bedroom apartments in the Tempelhof area of Berlin. Already referred to as ‘income generators’; this desirable complex is situated in the south of Berlin in one of the capitals best areas. Offering wide opens spaces yet ideally placed for public transport there are many amenities nearby. Originally built in the 1920’s the apartments were fully refurbished and modernised in 1999 and now present s a very lucrative investment opportunity.

Studio apartments start from just £38,743 and expected rental is already anticipated at over 8%.

IMOINVEST are full service advisors offering knowledge of the financial and investment aspects that apply to each of their developments. IMOINVEST now have main offices in Paris, London, Berlin, Alicante, Sofia, Sunny Beach, Tallinn, Washington DC, Dublin, Orlando, Villinus and Montreal.

For more information, visit imoinvest.com.

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Buy to let development in the Tempelhof region of Berlin available exclusively through IMOINVEST