Germany: Rental Yields

Germany: Rental Yields

Gross yields in Germany slightly increased. Due to lower property prices, Berlin apartments now yield an average of 6.2%, reaching more than 7% for 30-50 square-metre (sq. m) apartments. Apartment prices are at €2,192 per sq. m. Frankfurt and Munich yields are also higher averaging 5.7% and 4.5%, respectively. Rent prices in Frankfurt rose to €13.3 per sq. m from €10.45. While both property and rent prices in Munich city centre dropped, the decrease in apartment prices are greater from an average of €4,396 to €3,574 per sq. m.       COST (€) YIELD (p.a.) PRICE, M2 (€)   TO BUY MONTHLY RENT   TO BUY MONTHLY RENT BERLIN 1 - Apartments           30 sq. m. 55,260 338 7.35% 1,842 11.28 50 sq. m. 91,850 553 7.22% 1,837 11.05 75 sq. m. 148,575 829 6.69% 1,981 11.05 100 sq. m. 242,400 1,119 5.54% 2,424 11.19 120 sq. m. 295,440 1,326 5.39% 2,462 11.05 150 sq. m. 391,350 1,659 5.09% 2,609 11.06 FRANKFURT 2 - Apartments           30 sq. m. 70,914 388 6.57% 2,364 12.93 60 sq. m. 165,539 767 5.56% 2,759 12.78 90 sq. m. 252,094 1,194 5.68% 2,801 13.27 120 sq. m. 341,202 1,609 5.66% 2,843 13.41 150 sq. m. 496,919 2,092 5.05% 3,313 13.95 MUNICH 3 - Apartments           30 sq. m. 104,549 403 4.63% 3,485 13.44 60 sq. m. 211,865 805 4.56% 3,531 13.42 90 sq. m. 318,998 1,209 4.55% 3,544 13.44 120 sq. m. 433,563 1,616 4.47% 3,613 13.47 150 sq. m. 554,777 2,023 4.38% 3,699 13.49             Source: Global Property Guide Last Updated: May 28, 2007 1 Charlottenburg, Mitte, Wilmersdorf, Zehlendorf 2 Bockenheim, Bornheim, Sachsenhausen, Westend 3 Alstadt-Lehel, Au-Haidhausen, Bogenhausen, Harlaching, Ludwigvorstadt-Isarvorstadt, Maxvorstadt, Neuhausen-Nymphenburg, Schwabing, Solln