Condominiums in Berlin
Are you looking for a modern condominium in Berlin? Then ZIEGERT is the right partner for you. Filter our real estate offering by price, size or number of rooms and find your dream apartment with balcony, terrace or garden in the best Berlin locations. We have a large number of high-quality new apartments with 1 to 5 rooms for sale. Whether elegant penthouses, spacious family apartments or compact city apartments – optionally with parking space – we offer a wide range of properties for private use or as a secure investment. Buy now a high-yield condominium in Berlin with high potential for capital appreciation.
Condominiums in Berlin - how to find your dream home
Berlin is one of the most diverse and interesting cities in the world. The federal capital is booming and is regarded worldwide as a media and political stronghold. No wonder, then, that more and more people are drawn to this metropolis of millions. Life in Berlin is varied, with pulsating nightlife and cultural diversity. Buyers all over the world appreciate the contemporary and high-quality architecture of the city. In addition, the social infrastructure is unparalleled. Not only in the city centre, but also in the outskirts, the public transport is excellently developed and takes you to any desired point in the city in no time at all. For this reason, more and more people are buying condominiums in Berlin and wanting to settle there. We at ZIEGERT help you to realize this dream.
What are the costs associated with buying a home in Berlin?
The residential quality in the capital is high and attractive, high-quality apartments are not uncommon, as a large proportion of the properties available on the market can be found in old buildings or modern residential complexes. This not only ensures a large number of available apartments in good condition and with excellent equipment, it also results in rising price trends. This increases the residential level and the cost of condominiums in Berlin. The prices in all sizes are therefore slightly above the German average, higher costs can be found in similar metropolises such as Hamburg, Stuttgart or Munich.
There are different factors influencing the costs of a flat. These include the year of construction, the equipment as well as the location and size of the offered property. For example, the prices of apartments in the east of the city are somewhat lower than in the west. If you buy a condominium with a size of 120 m² in Treptow-Köpenick to the east, prices are estimated at around € 532,000. In Grunewald, a more western part of the city, a higher purchase price can be calculated for a comparable apartment. Small dwellings up to 30 m² tend to be slightly more expensive than medium-sized dwellings in terms of cost-to-area ratio. For an apartment in the small category, acquisition costs of around € 85,000 can be expected; if modernised, up to € 130,000 is not unusual. Owner-occupied flats, on the other hand, which have more space (about plus 20 m²) are only in the price category between 85,000 and 130,000 €. We at ZIEGERT will be happy to advise you on costs, prices and your individual budget in a personal meeting.
What does the housing market look like in Berlin?
In recent years, the quality of life in Berlin has risen steadily. A worldwide comparison showed that the capital city is an outstanding location for education and work and has excellent transport connections. As a result, more and more people are moving there, less housing is available and only two percent of vacant housing units still exist – with rising demand. The metropolis on the Spree is very popular. In total, the population has risen by 42,400 since 2018, so that the city now has 3.75 million people living there. There is a particularly high demand for one- to three-room apartments. To ensure that this enormous demand can also be met in the future, the city senate decided to build around 12,000 new apartments per year. Many of these projects are still in the planning phase, but there are already potential buyers for some planned housing units.
Rewarding investment properties in an economic upswing
The purchase of an apartment in the federal capital offers many advantages, including economic advantages. The city has undergone a remarkable development and has a strong economy for years with growth above the German average. Resident companies are planning to expand further in the future, and the city also offers numerous attractive opportunities for start-ups. There are considerably more start-ups here than in other German and European cities of comparable size. The proximity to nature, cultural diversity and the well-known openness of Berlin attract many people who would like and are able to realize their life ideas and desires here.
What should I bear in mind before buying an apartment?
Before you decide to purchase a condominium in Berlin, consider which aspects are important to you. It is therefore advisable to decide in advance whether you prefer a new or an old building, to define specifications regarding the size and equipment of the property and to clarify questions of financing. Our experienced brokers will be happy to answer any questions you may have. Requirements such as the infrastructure are also important in the purchase decision; the same applies to potential community offers in the residential property such as parking facilities, drying rooms or a laundry room.
What Berlin has to offer in terms of leisure and housing
The location of the property depends on your individual wishes and ideas. The most popular districts are Berlin-Mitte, Kreuzberg or Charlottenburg. The Mitte district is the pulsating heart of Berlin, here you will find countless sights such as Checkpoint Charlie, the Promenade Unter den Linden or the Brandenburg Gate, shopping offers and the famous Hackesche Höfe. Right next door in Kreuzberg, whose head office is known as “Bergmannkiez”, you can look forward to a wide range of leisure activities. This includes restaurants and street cafés as well as flea shops. Berlin-Charlottenburg presents itself a little more stylish and traditional. Here, lovers of upper-class buildings and magnificent villas get their money’s worth, because you will find a larger number of them there.
Quiet residential areas in Berlin
Berlin has several areas that are quietly located with numerous green spaces and yet offer excellent infrastructural links to central districts. Districts such as Wilmersdorf or Weißensee in the south represent a combination of idyllic areas close to the city. They have a large number of schools that can be easily reached on foot. If you are drawn closer to the city centre, Schöneberg forms an attractive and interesting district. The area is characterised by creativity and is home to many artistically active people who influence the district. You can also shop here, because the Tauentziehstraße or the famous department store of the West, also called KaDeWe, have several varied shopping opportunities ready for you.
Price development of condominiums in Berlin
The price per square metre for a condominium in a new building in Berlin in 2018 was 5,694 €. In 2017 it was still 5,261 €, which corresponds to a price increase of 8.23 %. The purchase price for an apartment in Berlin with 60 m² thus amounts to just under 341,640 €. If it has a size of 80 m², it would be around 455,520 €. Spacious new apartments of 120 m² cost around 683,280 €. Extras such as a balcony or roof garden, an elaborate interior design, light-flooded rooms due to the orientation, the price increases additionally. Due to the tense housing market situation and the low level of new construction activity in relation to demand, a further increase in the purchase price of an apartment in Berlin is to be expected. In addition, the city is highly attractive as a place to live.