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Real Estate Briefing - Categorized | Finance, Market Moves more

Berlin property market continues booming

Posted on 10 October 2012

The property market in Berlin is showing no signs of slowing down, even with economic pressures being exerted from the eurozone, according to real estate services advisor CBRE.
According to the company, investors are being attracted by the steady rental returns of 5% a year and the relatively low cost of buying a property in Berlin. Despite apartment prices having risen by 17% in the last year, the cost of an apartment in the city remains one-third less than European capitals such as Paris - and one-quarter of London’s soaring values………………………………………..Full Article: Source


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