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Berliners Buying Luxury Flats

Tangible Boost in Luxury Apartment Demand: According to the Expert Committee, figures show a total of 110 units sold at over €5000/sqm during the first half of 2012. In comparison, 185 units in this segment changed hands throughout the full year of 2011.

Vincent Sünderhauf, managing-director of the INVENEX Immobilien GmbH, attributes the rising numbers to the ever-increasing interest of local buyers.

“About two-thirds of the clients which have purchased upscale apartments already have a residence in Berlin, and  make a conscious choice for a specific object,” said Sünderhauf.

Frequently, the visual axes are a determining key factor. A view of historical buildings,a vast expanse of urban space or overlooking water will always attract lovers, all the more so if accompanied by unique architecture and features.

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