Berlin Lichterfelde and Its Property Outlook 2018

Like many boroughs around the centre of Berlin, Lichterfelde only became part of "Greater Berlin" in 1920 to join the district of Steglitz which recently was joined with the district of Zehlendorf to form the new borough of Steglitz-Zehlendorf.

But even Lichterfelde was made up of smaller parts from Dahlem, the home of Berlin's Free University, to Lichterfelde West with Villas and the Klinikum Benjamin Franklin, the Berlin Botanical Garden and the former US Allied McNair Barracks, and to Lichterfelde Ost with more simple residential areas.
All these areas have kept their individuality with distinct local centres for schools, doctors, shopping and services which provide a focal point for identification with the immediate environment, called "Kiez" in German.

Von Alexrk2 - own work, using OpenStreetMap data, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=21950816

 Looking at the housing market for the area it reflects the diversity of its history. It covers many of the various rent levels with Lichterfelde's corner of Dahlem and Lichterfelde-West being in the second tier and the rest in tiers four and five out of eight.

Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE

The rent levels are shown in this table of Housing Market Data provided in the Housing Market Report 2017.

Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE

We currently are offering an investment property in the 12209 post code area. This area will strongly benefit from the eventual opening of the new Berlin Airport BER without being affected by its flight paths. The location is to the north of the airport while the flightpaths are in east-west orientation. Please contact us for more detailed information using http://www.berlin-portfolio.com/InvestmentRequest.html

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Property Listing for Berlin, Germany 30.07.2012

The new Property Listing from Properties-in-Berlin.com is now available at their website.

Demand is still high and despite the summer break many purchases were notarized but it seem that the price hike at the beginning of the year has flattened out.

Financing with a reasonable LTV is still an obstacle for many investors, espacially for investment volumes between 1 to 5 million Euro. As always, equity dictates the market.

The residential rent levels have risen significantly throughout the last two years so that we can expect that the next official Rent Table for Berlin which should come out May 2013 for some regions will be up by more than 15%. This mean that existing rental contracts can be checked for increase potential. It might be wise to hold back with increases right now as the rent has to remain unchanged for 15 months after an increase.

More information available on www.falkenberg-solutions.com.