Condominiums in Prenzlauer Berg

Buying an Apartment in Berlin-Prenzlauer Berg

Looking for a modern apartment in Berlin’s Prenzlauer Berg 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 Prenzlauer Berg. 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 Prenzlauer Berg today or buy an apartment in Berlin, with high potential for appreciation!

The advantages of Prenzlauer Berg at a glance

For investors

  • 11.63 % increase in purchase prices in 2018
  • 6.68 % increase in rental prices in 2018
  • 5.806 € average price / m²

For owner-occupiers

  • Popular nightlife mile with trendy restaurants
  • Refurbished old buildings in Wilhelminian architecture
  • Ideal infrastructure and connections

Market developments in Berlin Prenzlauer Berg

In 2018, the price per square metre for an apartment in a new building in Prenzlauer Berg averaged €5,806, up from €5,201 in 2017 – an increase of 11.63 percent. For a 60 square metre apartment in Prenzlauer Berg, that amounts to a purchase price of around €348,360 ; for an 80 square metre apartment, about €464,480. Spacious new apartments of 120 square metres cost around €696,720. 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 Prenzlauer Berg can be expected, especially given the neighbourhood’s high desirability.

Comparison of purchase price and rental price*

11.63 %
Purchase price increase
Buying an apartment
In 2018, purchase prices for apartments in Prenzlauer Berg rose sharply.
6 €
Ø Price per m²
Buying an apartment
In 2018, the average price per square metre for an apartment in Prenzlauer Berg was €5,806.
6.68 %
Rent increase
Apartment Rental
In 2018, rental prices for apartments in Berlin again rose sharply.
13.26 €
Ø Price per m²
Apartment Rental
In 2018, the average price per square metre for a rental apartment in Prenzlauer Berg was €13.26.

Age distribution in Berlin Prenzlauer Berg

17 %
9 %
41 %
16 %
7 %
10 %
Younger than 18
18 - 27
28 - 45
46 - 55
56 - 65
Older than 65
(as of 2018)