A Network
of Property Professionals providing Direct Access
for International Investors to the German Market
Berlin Housing Market Report 2012
#
Rents: Expensive rents get more expensive and moderate rents
remain affordable.
# Rent Burden: The average share of spendable income to be
assigned to rent dropped slightly from 24.4% in 2009 to 24.2%.
# Comparison: The Berlin Residential market still offers more
for less than other German cities.
# Scoring: Pankow, Friedrichhain-Kreuzberg and
Treptow-Köpenick are in high demand with investors and in advanced
positions on the investment cycle.
# New building activities mainly in popular locations for
high value customers.
These are
the main conclusion of the 2012 Residential Market Report
(Wohnmarkt-report für Berlin) by GSW Immobilien AG and CB Richard
Ellis.
We
provide information as much as we can in the English language where necessary.
However you will obtain information and property offers from other sources. To
help you to understand the main parts of that information we have provided a
German-English Property Glossary. This is just a short example. The full list is
over 100 items and constantly growing.
Abbrev.
German term
English term
AB
Altbau
Period
property
Aufzug
Lift
Kfz
Autostellplatz
Car parking space
Bd
Bad
Bathroom
Bk
Balkon
Balcony
Bj.
Baujahr
Year
of construction
BeK
Betriebskosten
Operating
cost
BEZ
Bezirk
Borough,
City District
Brutto-Kaltmiete
Gross
Rent without heating expenses
DG
Dachgeschoss
Penthouse apartment
Dachgeschossausbau
Rooftop
development
Denkmalschutz
Protected
/Listed historical building
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