Apartments in Berlin Mitte

Buying an apartment in Berlin-Mitte

Looking for a modern apartment in Berlin’s Mitte district? You’ve come to the right place! Filter your property search by price, size, or number of rooms and find your dream home with balcony, terrace, or garden at a prime location in Mitte. The ZIEGERT portfolio includes a multitude of high-quality new apartments for sale, ranging in size from one room to five. Whether you’re looking for an elegant penthouse, a spacious family home, or a compact city flat with parking space, you’re sure to find something you love from among our broad range of real estate options – no matter whether you’re looking to occupy or let. Purchase a high-yield property in Mitte today, with high potential for appreciation!

Mitte, Tiergarten, or Wedding?

The choice is yours: since the last administrative reform, Berlin Mitte has consisted of three districts – Mitte, Tiergarten, and Wedding. The upshot? A diverse and colourful mix of neighbourhoods to suit a variety of lifestyles and needs. Here, in Berlin’s second smallest district, you’ll find not only the seat of Germany’s federal government, but plenty of the Berlin’s most famous sites and attractions. Both those looking to invest and those looking to build a home will find here a constantly changing – and thus constantly fascinating – urban environment.

Apartments in Mitte, like in neighbourhood Charlottenburg, are in the upper price segment. Last year alone, purchase prices went up around 6.53 percent. Due to the high influx of politicians and businesspeople, there’s also a high demand for temporary accommodation. That makes Mitte an ideal place to invest in residential real estate. And given the type of clientele looking to rent in this area, investing even in larger apartments makes a great deal of sense.

The advantages of Mitte at a glance

For investors

  • 6.53 % increase in purchase prices in 2018
  • 6.26 % increase in rental prices in 2018
  • €6,834 average price / m²

For owner-occupiers

  • Cultural mecca with several world-class museums
  • Fascinating traces of a formerly divided city
  • Perfect location from which to discover Berlin

Comparison of purchase price and rental price*

6.53 %
Purchase price increase
Buying an apartment
In 2018, purchase prices for apartments in Mitte rose sharply.
6.834 €
Ø Price per m²
Buying an apartment
In 2018, the average price per square metre for an apartment in Mitte was €6,834.
6.26 %
Rent increase
Apartment Rental
In 2018, rental prices for apartments in Berlin again rose sharply.
14.43 €
Ø Price per m²
Apartment Rental
In 2018, the average price per square metre for a rental apartment in Mitte was €14.43.

Market developments in Berlin Mitte

In 2018, the price per square metre for an apartment in a new building in Mitte averaged €6,834, up from €6,415 in 2017 – an increase of 6.53 percent. For a 60 square metre apartment in Mitte, that amounts to a purchase price of around €410,040; for an 80 square metre apartment, about €546,720. Spacious new apartments of 120 square metres cost around €820,080. Naturally, prices go up for extras like balcony, roof garden, lavish interior, or optimal orientation that provides for unusually good sunlight and views. Given the tight housing market in Berlin right now and the low level of residential construction activity in relation to demand, a further increase in purchase prices for apartments in Mitte can be expected, especially given the neighbourhood’s high desirability.

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Young, hip, and bustling – Mitte is the place to be

You’d like to buy an apartment in Berlin and are daydreaming of panoramic views over the city and a vibrant young neighbourhood right at your doorstep? Berlin Mitte is the place for you! The number of older residents and families living here (20 percent) is relatively low compared to the rest of the city. Instead, you’ll find renovated prewars and impressive state-of-the-art buildings abuzz with young companies and go-getting entrepreneurs. Day and night, Mitte’s bars and clubs brim with energetic professionals and international visitors, drawn by local tourist magnets like the Zoological Garden, Friedrichstraße, and Alexanderplatz, as well as landmarks like the Brandenburg Gate, Potsdamer Platz, and the Victory Column.

Berlin Mitte: life in the heart of the city

Away from Mitte’s bustling centre, the neighbourhood’s stock of renovated prewar buildings is especially enticing for those looking to purchase their own home. At the moment, prices for apartments around Hackescher Markt and the neighbourhoods off Torstraße are higher than ever. The good news is they’re unlikely to go up much more in the coming years.

Age distribution in Berlin Mitte

Share
13.75 %
9.97 %
38.58 %
14.89 %
9.39 %
13.41 %
Age
Younger than 18
18 - 27
28 - 45
46 - 55
56 - 65
Older than 65
(as of 2019)