Deals & Insights on the Berlin real estate market for residential and commercial properties

Engel & Völkers Commercial Berlin successfully managed 100+ property sales in 2023

Despite a challenging market environment marked by rising interest rates and a cautious approach from many institutional investors, Engel & Völkers Commercial Berlin successfully supported more than 100 transactions involving residential and mixed-use properties in 2023. With an estimated market share of around 25%, we offer in-depth insight and a clear understanding of current trends shaping the Berlin real estate market.

In 2023, the average purchase price per property was approximately EUR 3.9 million, achieving an average price of EUR 2,523 per square meter. The average yield stood at around 4.1%.

As the No. 1 broker for residential and mixed-use properties*, Engel & Völkers combines the extensive local expertise of more than 100 commercial real estate specialists in Berlin with a global network of over 15,400 advisors worldwide. This unique combination creates the ideal conditions for a fast, efficient, and successful sale of your property in Berlin.

Real estate investments in Berlin remain attractive in 2024

The multi-family and mixed-use property market, blending tradition with modernity and combining local charm with international appeal, offers both long-term investment opportunities and dynamic growth potential.

Engel & Völkers Commercial expects a very positive trend for Berlin’s multi-family property market this year. “Rising ESG requirements, attractive returns on alternative investments, and tax advantages are driving strong seller interest. At the same time, low entry prices and stabilizing capital markets create excellent opportunities for investors,” explains Benjamin Rogmans, Managing Director of Engel & Völkers Commercial Berlin. He sees the combination of limited new construction and growing housing demand as a recipe for long-term value appreciation.

Whether private investors, family offices, or professional investors—over 5,000 buyers represented by Engel & Völkers are currently seeking investment opportunities across all areas of the capital.

Do You Know Your Property’s Potential in Berlin?

Contact us for a free market valuation and a personalized analysis of your property’s potential in Berlin.

Our experienced real estate experts are also available to answer all your questions about the Berlin property market.