I am considering buying a property in Berlin to let out for the long term (at least 10 years), with a view to hopefully making a profit from price appreciation. The maximum amount I could spend would be €70,000.
Given the above, it is likely that most of the properties in my price range are likely to be one bedroom apartments. Presumably these properties would be suitable for single people or young couples looking for short-term accommodation.
With these considerations in mind, does anyone have any recommendations regarding letting agents in the area who specialise in this area of the market? Is it normal for agents in Germany to offer the full property management service similar to that offered by those in the UK ?
Finally, are there any other points which I should bear in mind when looking for a suitable letting agent?
Very many thanks in anticipation of your assistance.