WHO says you have to go to an emerging EU country to find low-cost property? Contrary to popular belief, investors looking for value don't have to put their money on the ski slopes or venture too far beyond the old Iron Curtain according to Premier Property.
Having thoroughly researched the German property market, Premier Property believes that Berlin is set to become the next big location with investors looking to get in before the market takes off.
And with Berlin tipped to become one of the top city breaks in 2007, increased tourism and steady rental income will also be strong factors when evaluating the investment potential.
The company has sourced a range of fully tenanted properties in the city centre just off the Ku'Damm (the main shopping boulevard with theatres, cinemas, cafés and restaurants).
Located beside the Ka DeWe (the German equivalent of Brown Thomas), one-beds start from 70,000 and twobeds start from Euro100,000 and have regular upward rent reviews every three years.
Premier Property also has fully tenanted properties situated beside the famous Tiergarten, a city-centre park close to the Brandenberg Gate.
Studios in Hansa-Viertel command net rental yields of 5% per annum on average, and prices start from Euro32,000.
For further information contact Premier Property, 01 672 8974, or log on to www. premierproperty. ie.
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