Investment property · Berlin and Brandenburg

Investing with figures, not with promises.

Apartment buildings (Zinshäuser), let flats and whole packages of several buildings.

We calculate in annual rents, not square metres Registered investors before anything is advertised Around 30 years in Berlin

Save an investor search profile

Investor search profile

What are you looking for as an investor?

Three short questions, then your contact details. Also for properties that are never advertised.

Step 1 of 4

What kind of investment are you looking for?

How much do you want to invest per property?

Who is buying?

Where should we send suitable offers?

Please enter your name, phone number and email address and give your consent.

Your search profile has been saved

We will get in touch as soon as a suitable property comes in, even before it is advertised.

030 327 734 0 Send an email
No sharing with third parties for advertising purposes

Free of charge for buyers Can be withdrawn at any time

Four routes

What you will find with us, and what you won't.

We do not promise returns.

01

Sell an apartment building

The price comes from the rental income. The commission is set out in the agency agreement. The initial assessment costs nothing.

Selling an apartment building

02

Flats as an investment

A flat that is already let. If a private individual buys, buyer and seller each pay half of the commission.

Flats as an investment

03

Packages and portfolios

Several buildings or flats at once. First a teaser without the address; we give the price on request.

Packages, portfolios, projects

04

Market figures with sources

For all twelve districts: how many annual rents a building costs there, with source and date.

Market data for all districts

Market logic

How many annual rents does a building cost? That is the starting point, not the result.

Professionals call this figure the price-to-rent multiplier (Kaufpreisfaktor). It tells you how many times the annual rent, excluding heating and ancillary costs, is contained in the purchase price. The smaller the number, the more rent you get for your money.

15.9 to 24.5xThat is how many annual rents the purchase price contains, from Marzahn-Hellersdorf to Charlottenburg-WilmersdorfGuthmann Estate, nine districts with a published value, retrieved 15/09/2026
21.1xMedian value for Berlin, from notarised sales of multi-family buildings (2025: 22.4x)Guthmann Estate based on transaction data from the valuation committee (Gutachterausschuss), as of 19/08/2026
24.5xMulti-family buildings in the district of Charlottenburg-Wilmersdorf (City West)Guthmann Estate based on transaction data from the valuation committee (Gutachterausschuss), as of 2026
around €2.65 millionAverage purchase price of a multi-family building in Berlin, around 33 per cent below the 2020 peakGutachterausschuss für Grundstückswerte in Berlin (Berlin valuation committee), time series for developed plots, 2024 edition

These figures come from sales of multi-family buildings that actually went through. The asking prices and rents for owner-occupied flats work out at around 31 annual rents (IBB Housing Market Report 2025). The gap is not a negotiating discount: different property types are being compared.

The Guthmann figures are not official; only the figures of the valuation committee (Gutachterausschuss) are official. Whether more rent comes in than the loan costs only becomes clear with the individual property. This page is not investment, legal or tax advice.

Discreet

Why an apartment building is often never advertised.

A public listing unsettles tenants, neighbours and competitors, and that pushes the price down.

01

Save profile

What you are looking for, where and for how much. And whether you are buying privately or as a company.

02

First the teaser, then the documents

For packages and projects, you first receive a teaser without the address. The documents follow once you have agreed to keep the information to yourself and the commission has been agreed in text form. Text form means: an email is enough.

03

Running the numbers on the property

Who pays what rent, what condition the building is in, what has been left undone over the years. Plus the energy performance certificate under the Gebäudemodernisierungsgesetz (GModG, Building Modernisation Act, formerly GEG). Only then does the figure become a price.

04

Completion at the notary

Before the appointment, you receive the commission notice in text form. Private buyers also receive information on their right of withdrawal. At handover, rent deposits and documents change hands.

Commission: if a private individual buys a flat or a detached house, buyer and seller each pay half of the commission (§§ 656c and 656d BGB, German Civil Code). An agency agreement for a flat or a detached house always requires text form, i.e. at least an email (§ 656a BGB). This applies regardless of who is buying. For apartment buildings, plots, commercial property and buyers acting as a company, we agree the commission before marketing begins. It is set out in the agency agreement.

Frequently asked questions

Investment property: frequently asked questions.

Answers as of 18 September 2026

How high is the commission on an apartment building?

The statutory equal split of the commission only applies when a private individual buys a flat or a detached house. It does not apply to an apartment building (Zinshaus). How high the commission is and who pays it is agreed in text form before marketing begins. It is set out in the agency agreement.

Will you tell me what a property yields?

We do not promise any return. What is left at the end depends on your loan, on maintenance and on your taxes. We work that out with you for each individual property.

Why do I see so few investment properties on offer?

Because many are never advertised. Apartment buildings and packages go first to investors who have told us in advance what they are looking for.

Read more

What really helps at this point.

Sell an apartment buildingIncome value, commission and process for owners of multi-family buildings. Flats as an investmentMultiplier, equal split and tenancy law for private investors. Packages, portfolios, projectsTwo-stage process with a teaser before confidentiality. Price-to-rent multiplier BerlinHow many annual net cold rents the purchase price contains, with completed sales and asking prices kept separate.

Apartment building, flat or package?

Owners receive an initial assessment. Investors hear from us before a property is advertised.

Have your apartment building valued