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Buy an apartment in Berlin

A selected list of current properties from our portfolio follows.

Why buy an apartment in Berlin?

With more than 12 million tourists per year, and almost four million residents living permanently in the city, Berlin has grown steadily since its reunification in 1989. Over the past 30 years, it has blossomed into a thriving city with a lively cosmopolitan feel and exceptional artistic and cultural attractions. Here's what you need to know if you're thinking of moving to Germany's capital.

Why are so many people drawn to Berlin?

With a celebrated 24-hour nightlife including the infamous Berghain nightclub, Berlin's reputation for a good time attracts visitors from all over the globe. But there is more to the city's cultural scene than just clubbing. Never shy of confronting its past, Berlin has led the way in turning its history into thought-provoking tourist attractions and museums. Each year, millions visit these cultural landmarks, walking the city's streets in search of remaining segments of the Berlin Wall, or perhaps visiting the Sony Centre development to see a bombed hotel preserved behind glass. Berlin manages to contrast the sobering history of the city – still visible in some of its buildings and streets – with a vibrant and progressive atmosphere centred around its countless bars, clubs and cafés. Its liberal and laid-back feel and wealth of cultural attractions make the city especially popular among young people, but Berlin has something for every taste.

Where to buy an apartment in Berlin

Rent controls in some areas of the city have made it possible for young people and artists to find affordable living spaces within Berlin, driving the growth of its thriving youth culture and art scene. Average rental prices are up to five times cheaper than in London, and most Berliners are renters. This means that Berlin is a particularly good bet for those looking for buy-to-let property, as apartments are constantly in demand. Property ownership is generally low, with just 20% of people owning their own homes. However, occupancy is high at 98%, so property owners tend to have little trouble finding tenants. Berlin's steady population growth of more than 50,000 per year also adds value to the city's rental market. If you’re looking to buy in an up-and-coming neighbourhood, you might like to consider Neukölln, where prices can be 25% cheaper than elsewhere in the city. It’s an area that is expanding rapidly, with new businesses opening all the time, and is aimed at exactly the kind of young professionals and creative types who have helped to make Berlin what it is today.

How much does it cost to buy an apartment in Berlin?

For well-appointed, high-end properties with large airy rooms and parquet floors, the gentrified districts of Prenzlauer Berg and Mitte top the list. A property in Mitte can cost almost €5,000 per square metre, on average, making it one of the most exclusive areas of the city. Hugely popular for its bustling atmosphere, its many restaurants, cafés and galleries give it an atmosphere unique from the rest of Berlin. Wherever you buy a property in Berlin, you can be assured that it never needs to stand empty and offers a relatively secure promise of a return on your investment through rental. If you don't want to rent it out, you can always join the expanding international community and move to Berlin yourself.

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