Every Major Publication Now Has To Have A Property Ranking

It seems like every main media publication now has to have a price ranking for property prices and rents. Some cover the entire country and some break it down to districts within boroughs of the main cities.

Berlin Property Prices

Here is an example from the weekly publication Wirtschaftswoche which lists areas in five price categories:

• very reasonable city districts - average 2,372 €/m²
• reasonable city districts - average 2,682 €/m²
• middle priced districts - average 2,904 €/m²
• expensive districts - average 3,434 €/m²
• very expensive districts - average 4,415 €/m²

Here is the list for "very expensive districts: 3,750 to 5,870 €/m² in increasing order:

Alt-Treptow, Plänterwald, Wannsee, Charlottenburg, Friedenau, Wilmersdorf, Nikolassee, Zehlendorf, Hansaviertel, Moabit, Schmargendorf, Friedrichshain, Mitte, Prenzlauer Berg, Halensee, Kreuzberg, Grunewald, Dahlem, Tiergarten

*Data based on condos of 75 m²

The full list of all price categories is available in German on Wirtschaftswoche.

The Berlin District Charlottenburg-Wilmersdorf Is About To Get Their First Two "Milieuschutz" Areas

In July 2017 the local council of Charlottenburg-Wilmersdorf had published the plan to declare the first two gentrification protected  "Milieuschutz" areas.for a period of 12 months any activity contradicting these plans can be denied. The district is now set to publicly declare the Milieuschutz for two areas:

Around Mierendorffplatz across the river Spree to the east of the Charlottenburg Castle.

"Mierendorff-Insel"

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Around Gierkeplatz to the southwest from the castle south of Otto-Suhr-Allee.

"Gierkeplatz"

Full size

Further areas in Charlottenburg around Klausener Platz and in Wilmersdorf along Kurfürstenstrasse are currently discussed without any action taken yet.

For more information about the implications for a property owner see my articles:
The Can Do and Can't Do Renovating Apartments in Certain Areas of Berlin
Thinking About Dividing an Apartment Block into Condos in Berlin? What Could Possibly Go Wrong?

Distribution of the international population of #Berlin by nationality and district

Distribution of the international population of Berlin by nationality and district

Foreign population of Berlin

• People from about 190 countries call Berlin home and make this city a truly international metropolis.
• In 2015, 114,000 persons came to Berlin from abroad, about a quarter of which have Syrian nationality.
• The share of people from foreign countries in the total population is 17.2 percent.
• Berlin is a cosmopolitan city with international educational and cultural institutions.
• Workers from western European industrial nations and the states of central and eastern Europe are migrating to Berlin.

 http://www.businesslocationcenter.de/en/business-location/business-location/economic-data/demographic-data

A Temperature Map of Berlin Property Prices by Postcode

The weekly business magazine Wirtschaftswoche has published a map taking the price "temperature" of differen areas in Berlin. Their article in German highlights where they think it is stil worth while investing.
http://www.wiwo.de/finanzen/immobilien/immobilien-wo-der-kauf-noch-lohnt/12949368.html#

 and at this link they offer interactive maps

http://www.wiwo.de/my/finanzen/immobilien/kaufpreise-und-mieten-alle-wohnlagen-von-berlin-hamburg-muenchen-und-co-im-interaktiven-vergleich/12914428.html

It is part of their premium subscription but a free trial is available.

A Temperature Map of Berlin Property Prices by Postcode

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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.