The New Lifestyle Center of Berlin-Mitte

Chausseestrasse at the north end of Friedrichstrasse in Berlin-Mitte is the new Lifestyle Center of the city.

The immediate environment is developing fast. Every visit brings new discoveries, a new espresso bar, a new restaurant, a hidden away well-established restaurant or the new bio-supermarket. There are attractions like the climbing garden “Mountmitte", the Natural History Museum and others at nearby Invalidenstrasse. For art lovers, the contemporary arts gallery at the “Hamburger Bahnhof” – is within a few minutes walking distance.
Looking at an aerial view, the amount of interspersed green areas become apparent. Bigger parks like Humboldhain or Tiergarten are within comfortable jogging distance. Pankepark and the Park am Hauptbahnhof (currently under development) surround the vicinity of  Chaussestrasse.

The company offices, some of them Germany headquarters, and federal ministries in the area are numerous. A few examples: Deutsche Bahn AG (3,000 office jobs), Vattenfall, Total, Bayer-Schering Pharma, Charité (University Hospital w. 3,800 doctors and scientists).  Federal Ministry (FM) of Transport, Building and Urban Development, FM of Economics and Technology, FM of Education
 
Currently there are several interesting property developments in construction or planned. There is "The Mile", "The Garden Living" and of course Daniel Liebeskind’s prestigious "Sapphire" project, with still more opportunities to come. For an interested buyer, especially living far away, it is a tedious task to follow all the developments, get brochures from all kind of agents and developers and at the same time know what is real and what is "pie in the sky" and might never be built. To help in those situations, there is a service available which provides an independent one-stop-shop for luxury condos in Berlin, especially in the central areas.

Sign up for information updates at condos.city-of-berlin.com

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Average asking price for Apartment Buildings in Berlin increased by 11.7 per cent in 2014

For the first time the average offering price exceeded 2,000 Euro per sqm for apartment buildings in Charlottenburg-Wilmersdorf and Steglitz-Zehlendorf.

These were the findings of the Housing Market Report 2015.

Click the table for a bigger view

The city wide increase was 11.7 per cent year-on-year. In some locations the asking prices detached themselves from the development of the rent.This is historically an unsusual development and indicates the catch-up process Berlin is undergoing in comparison to other European capitals.

Analysts are coming up with various explanations: Low interest rates, population growth combined with a lack of sufficient new building activities, lack of low risk investment alternatives.

Detailed information is available in ther Housing Market Report Berlin 2015 which is available for download on our website: www.falkenberg-solutions.com.