Of a total of 41.3 million private households in Germany in 1991, around 34% were occupied by just a single person. In 2017 the proportion of 1-person households was 42% – and that trend is continuing. At over 49%, Berlin is not just above the average – it is one of the national leaders.
According to current forecasts, the 3.8 million population mark will be exceeded by as soon as 2025. It is therefore highly likely that the demand for city living space will remain high in the coming years. Ideal conditions for property investors!
Purchase price of apartment including furniture:
Achievable rent per m²
Expected annual net rent
The following return can be attained from the continuous letting of an approx. 30.24 m² furnished apartment.
*Gross rental return: ratio of the net basic rent to the purchase price, excluding ancillary, administrative and maintenance costs. The return forecast is based upon the current, regional average rents being asked for new buildings (property portal values). A reliable forecast of achievable rents cannot be made. Achievable rents and the rental market could possibly be subject to adverse development. For example, the loss of local public transport or other facilities can reduce the attractiveness of properties. In addition, an increase in competitors or changes to social structures can also lead to the downgrading of a location.
Your financing conditions and general market risks can influence the return forecast due to economic fluctuations. This can then have an adverse affect upon rental demand and rent levels: this can result in the letting being delayed and/or a reduction or even total loss of expected rental returns. The example forecast can change or even fail completely if one of the aforementioned risks comes into being. PROJECT Immobilien Wohnen AG aims to give the most complete and most realistic information possible. Despite increased diligence, the aforementioned impacts cannot be ruled out.
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