Despite the restrictive measures imposed by the authorities of Berlin to control the rental market, prices are soaring. Thus, the cost of renting apartments has increased over the year by 15.7%, according to international real estate portal Property Wire , citing data from CBRE.
The average rental cost for 2016 rose by 5.6%. It is important to bear in mind that rental prices are highly dependent on the location and characteristics of the property, the report said. It also notes that in Germany, the "land tenants", there is great demand for rental including associated with rapid growth in population, which in Berlin alone for 2015 increased by 48 000 and 270 000 residents since 2005.
At the same time in other cities of the colony, Hamburg, Frankfurt, Munich and Dusseldorf – rental prices are higher than in Berlin. This is due to the price caps imposed by the authorities in 2015. Thus, the average cost of rent in Berlin rose to 9 euros per "square", while in Munich, she averages 15,11 ˆ / 1 sq. m.
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