Case Studies

BERLIN PROPERTY – CASE STUDIES

CASE STUDY 1.

David Thomas, Dublin, Ireland

Question – So why did you decide to buy an apartment in Berlin?

Answer – I am a property investor and I have been looking to invest in Berlin for quite a while now. Having studied the Berlin property market, I am sure that by buying in Berlin I am getting fantastic value for money in comparison to any other capital city in Europe, and I am extremely positive about the potential of my investments.

Question – Where did you buy?

Answer – I have bought four apartments – all in the same apartment block in Mitte which is very central. They are all tenanted, and my plan is to keep the tenants in two of the apartments as it gives a regular income in rent. I want to rent the two other apartments out on a short term basis as this way of renting out can give strong returns here in Berlin.

Question – Tell us a bit about your apartment.

Answer – Well, as I said, I have bought four apartments in the same block. They are all 1-bedroom flats at approx. 65 sqm. They all have one bedroom and a nice living area as well as brand new kitchens and bathrooms that were redone about 5 years ago. In the two apartments that I am renting out short term, I have put in sofa beds, so it can sleep up to 4 people.

Question – How did you hear about berlinproperty.co.uk?

Answer – I read about berlinproperty in the newspaper, and I also came across them at an exhibition in Dublin. I had a really good chat with one of the agents at the exhibition, and decided to go on an inspection trip.

Question – What did you think of the service that berlinproperty.co.uk has provided you?

Answer – Well, I haven’t been disappointed! In fact I have been extremely pleased with the whole process and if I decide to buy some more investments in the future, I will go with berlinproperty again.

Question – Would you recommend people to buy in Berlin and through berlinproperty.co.uk?

Answer – Yes definitely. There is nowhere I feel better in Europe were the potential investment gain is greater for the coming years than in Berlin. The price of property here is a fraction of any other major city in Europe, and with the parliament moving back to Berlin recently, it’s not if this city will take off, as it already is. And regards buying through berlinproperty.co.uk, for sure they are all a great bunch, and I have thoroughly enjoyed buying through them, and I am extremely satisfied with all the sound advise I have been given.

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CASE STUDY 2.

Lone and Karsten Christiansen, Holte, Denmark

Question – So why did you decide to buy an apartment in Berlin?Answer For a while we have wanted to invest some of our money in an apartment abroad. We knew we wanted an apartment in the city as we love the culture and entertainment as a city can provide, and our two daughters love going shopping as well. We were looking into different cities that we had visited before like Lisbon and Paris, but in the end we chose Berlin as this was the place where we got most value for our money, and at the same time it’s a fantastic city and so easy to get to from Denmark .

Question – Where did you buy?

Answer We bought an apartment in the West of Berlin in the Charlottenburg area. It’s a very nice and green area with lots of cafes, shops and tourist attractions like the zoo and different museums.

Question – Tell us a bit about your apartment.

Answer We wanted at least 2 bedrooms so we have the possibility to go all 4 of us. Our girls will soon be of the age when they can go by themselves, so we wanted to have enough space for them to be able to invite some friends along as well. The apartment has 2 bedrooms and a nice living area where we have put a sofa bed, so you can be up to 6 people if you like. It has a nice new kitchen with room for a dining table and a decent size bathroom. It’s located on the 2nd floor in a beautiful building on a quiet side road, so there is no traffic noise, and we have lots of charming little restaurants and even a local cinema just outside the door.

Question – How did you hear about berlinproperty.co.uk?

Answer We did a lot of research on the internet, and also went on an inspection trip with another company. But in the end we chose to go with berlinproperty.co.uk as they seemed more professional and sincere. It’s a big thing to buy a property in a foreign country and it’s so important that you feel in good hands and that the people you buy of know what they are talking about. We felt that with berlinproperty.

Question – What did you think of the service that berlinproperty.co.uk has provided you?Answer We have been very pleased with the service. As we have said before, buying a property abroad is a huge thing and a very personal thing. Its very important that you feel listened to and that your wishes are being taking seriously, and we really felt that the company did everything they could to fulfil our requirements.

Question Would you recommend people to buy in Berlin and through berlinproperty.co.uk?Answer Yes, we would. Absolutely! We have been really pleased with the company and we can only recommend it to others, and as regards the city, we can only say that we love it and we are sure that others will love it too as it is so versatile – there is something for every taste.

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CASE STUDY 3.

Barbara and John Bell, West Yorkshire, England

Question – So why did you decide to buy an apartment in Berlin?Answer We love city life, but city breaks are not always easy with younger children. We have been to many cities, but Berlin is the most child friendly of all the places we have visited. Its also quite easy to get to and the prices on property are really cheap compared to the rest of Europe. We just felt that we could get more or less everything we wanted here in Berlin – a good apartment within a decent budget, entertainment for the whole family and a place that is easy to get to. Besides, we wanted to rent the apartment out during the periods where we are not using it ourselves, and we found out that it’s very easy to rent out here in Berlin as it is becoming more and more popular.

Question – Where did you buy?Answer We bought an apartment in an area called Prenzlauer Berg in the northeast of Berlin. It’s a very child friendly area with many parks and playgrounds, and you will find that a lot of German families live here as well, so there is a nice authentic feel to it. There are also plenty of restaurants, cafes, shops, outdoor markets and concert places which just make this area so lively and special.

Question – Tell us a bit about your apartment.

Answer We have 2 younger children, so we felt we needed at least two bedrooms. Besides, there is a reception room and a large bathroom and a smaller kitchen. We bought it with a furniture pack, so when we had signed the papers it was ready to use straight away and everything is nice and new.

Question – How did you hear about berlinproperty.co.uk?

Answer It was actually some friends who recommended the company. They had been on an inspection trip and they were very pleased with the service, so we filled in a request form and everything just went from there.

Question – What did you think of the service that berlinproperty.co.uk has provided you?

Answer We can only say that we are very happy with the service that we have received. We didn’t know too much about the different areas of Berlin before we went, so it was on Michael’s advice that we ended up buying in Prenzlauer Berg, but we can easily see that this is the right area for us. We felt that Michael and the rest of the people we met really knew what they were taking about and that they only had our best interests in mind. We think its quite important that you click and get on well with an agent, and we really did that with Michael, so we are very pleased.

Question Would you recommend people to buy in Berlin and through berlinproperty.co.uk?Answer We would definitely recommend the company to our friends – we had it recommended to us and we would without hesitation pass it on again. And Berlin is a great city, so we wouldn’t hesitate to recommend it to others.

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CASE STUDY 4.Oliver Schneider and Phil Murray, London, England

Question – So why did you decide to buy an apartment in Berlin?Answer – Well, Oliver is originally from Berlin and we have loads of friends there and obviously some of Oliver’s family as well, so we wanted a small place where we could stay whenever we go there which is quite often.

Question – Where did you buy?Answer We wanted a place in the east part of Berlin as this is where most of our friends live. We bought in an area called Kreuzberg which is in the east, but still quite close to the centre and we really like this area. It’s a good mixture between old Berlin and the new Berlin and you will find everything from quirky little meet up places for the more alternative artist types to brand new, hip clubs and bars. We like this combination as it gives you lots of choices and you can make every day different from the previous.

Question – Tell us a bit about your apartment.Answer – We didn’t have the biggest budget as we have just bought a place in London as well, but that’s the good thing about Berlin – you can actually get a great apartment even on a small budget. We decided to buy a studio flat – it’s 43 sqm which is enough for the two of us and beside the living/sleeping area it has a nice kitchen with a breakfast bar and a bathroom with a shower cabin. It was tenanted when we bought it, but he was given the required 2 months notice which was agreed, and then we could move in.

Question – How did you hear about berlinproperty.co.uk?

Answer – We did some research on the internet and that’s how we came across it. When we spoke to them on the phone they seemed really nice and professional, so we decided to go on an inspection trip and just take it from there.

Question – What did you think of the service that berlinproperty.co.uk has provided you?Answer – We were extremely happy with the service. We were really pleased that we were only shown apartments within our budget – when we were buying in London the estate agents kept showing us places that were too expensive which became so frustrating in the end. The agent from berlinproperty took time to listen to our wishes and requirements and we felt very comfortable in their hands.

Question Would you recommend people to buy in Berlin and through berlinproperty.co.uk?Answer – Without a doubt! We’ve got some friends who are looking to buy in Berlin as well, and they have actually just booked an inspection trip with berlinproperty, so maybe we’ll get them as neighbours – that would be fun!

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CASE STUDY 5Craig and Alice McCarthy, Glasgow, Scotland

Question – So why did you decide to buy an apartment in Berlin?

Answer – Well there were many reasons really. We have always wanted a nice apartment we can escape to at weekends. Berlin’s an amazing city, we just love coming here for long weekends. And we had been looking into investing in property for a while now, and we just found that Berlin was a great investment.

Question – Where did you buy?

Answer – We bought an apartment in the West of Berlin, about 10 minutes walk from the Kurfurstendamm which is a 6 kilometre stretch of shop after shop. You’ll find the really exclusive shops like Prada, Gucci and Chanel, but you’ll find the cheaper high street shops like Top shop, H & M and the like. It’s the same with cafes and restaurants – you’ll find places in both ends of the price scale and that’s why we think this area is so much fun. You can find everything here, it’s nice to be close to the shops and in walking distance to some great restaurants.

Question – Tell us a bit about your apartment.Answer – It’s a nice 1 bedroom apartment, which can sleep 4. It is fully refurbished inside with nice green surroundings. That’s another think we like about Berlin, the fact that it has to be the greenest capital city we’ve ever been to, it’s just lovely as you can see. We have put some nice furniture in there, and we rent the apartment out on a weekly rate. We could easily rent it out yearly to a local, but we prefer to get a stronger rental return renting it out short-term, plus we get the bonus of when it’s not rented out we can take a cheap weekend flight here and really enjoy it.

Question – How did you hear about berlinproperty.co.uk?Answer – We found it on the internet in one of the many searches we had looking for Berlin property. We looked at the website and sent an email request form to you stating the type of apartment we were looking for and the area it was in, and our budget. We soon found this apartment from the newsletters that you had sent to us and things moved on very quickly from there.

Question – What did you think of the service that berlinproperty.co.uk has provided you?

Answer –  Fantastic! From start to finish! Firstly you managed to find for us exactly what we were looking for. We are really pleased in our purchase and it was well within our budget. But beyond that there was Michael who helped us with the purchase, we really believe without Michael and the rest of the staff at berlinproperty, our purchase could not have gone so smoothly. Firstly recommending a German, English speaking lawyer, who I’ll also add has been fantastic. Michael and the team have given us a fantastic support above what we were expecting. Even in the small details like helping to organise furniture for our apartment when we first bought it. The service has been top notch from start to finish.

Question – Would you recommend people to buy in Berlin and through berlinproperty.co.uk?

Answer – Yes definitely. Berlin is a fantastic city, and we have only been pleased with the service we have received from berlinproperty, so we would definitely recommend it to others.