Can I buy a small flat in Berlin with 30 000 Euros

chrifus1982

08 April 2012 10:51:26

chrifus1982

08 April 2012 10:51:26

Hi all,

I am 29 and I don't want to spend the rest of life in my Country (Algeria).

I have been to the UK and to France so I know the difference.
Berlin is a great city and very cheap compared to London and Paris, so I really want to move to this capital.

The problem is that I can't get a job offer there even with a very good CV because I don't have an EU passport and can't do onsite interviews

So I thought, why not buy a small flat so I can get a job more easily.

I have only 30 000 Euros, but if I sell my flat here I can get more than 100 000 Euros but I am afraid to do it

What do you think of this idea ?

Please give me websites with real prices, not auction prices starting from 10 000 Euros.

Cheers

chrifus1982

08 April 2012 11:03:28

chrifus1982

08 April 2012 11:03:28

Try Housing Berlin

MaikeP

New member

Member since 04 October 2012

MaikeP

22 October 2012 16:07:27

MaikeP

22 October 2012 16:07:27

[Moderated]

beppi

Germany - Singapore Expert

Member since 08 August 2010

World Citizen

Germany & Singapore Expert

beppi

23 October 2012 10:06:26

14817

beppi

23 October 2012 10:06:26

14817

World Citizen

Having a flat in Germany does NOT help you finding a job or getting a work permit.
You could buy it as an investment, or to live there yourself and save rent.
€30k is not enough for a whole flat, even a cheap one. It is enough as downpayment, if you get the remainder as loan from a bank - but banks give loans only to people with a job in Germany.

Jeffmachone

Member

Member since 12 January 2021

Jeffmachone

12 February 2021 20:22:21

Jeffmachone

12 February 2021 20:22:21

***

Moderated by Priscilla 3 years ago
Reason : please post in the housing section
We invite you to read the forum code of conduct

TominStuttgart

Germany Expert

Member since 19 March 2012

Stuttgart

TominStuttgart

12 February 2021 22:25:45

2619

TominStuttgart

12 February 2021 22:25:45

2619

Stuttgart

Beppi is right. Even a tiny 30 to 35 square meter, very basic apartment will likely cost in the 100,000 Euro range. You are at least 20 years too late for finding such deals in Berlin. And buying property is allowed for foreigners but doesn't get you permission to immigrate or work, which is difficult for a non-EU person.