“Up to 30 percent of dirty money ends up in real estate’: How crime causes prices to explode. 100 billion euros are laundered in Germany every year.
Money launderers usually benefit when real estate is as expensive as possible. This allows them to launder large sums of money. Russian oligarchs, for example, also buy noble properties in Berlin and other cities in order to get money from dubious sources. With prices per square meter of over 9,000 euros in Berlin, this is definitely noticeable.