What is the average apartment price per square meter in Berlin?

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A team specialized in real estate investing in European countries (Germany, Austria, Netherlands, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Germany. If you'd like to learn more about us, you can check our presentation page.

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At InvestRopa, we explore the German real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Berlin, Munich, and Hamburg. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

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What's the current average apartment price per square meter in Berlin?

The average apartment price in Berlin reaches €8,316 per square meter as of June 2025.

This figure represents a comprehensive average across all apartment types and districts in the German capital. However, the Berlin residential market shows significant variation depending on specific location and property characteristics. Properstar reports more detailed breakdowns with median prices varying considerably by apartment size and configuration.

The price range spans from €6,686/m² for studio apartments to over €12,000/m² for luxury penthouses in premium locations. Central districts command significantly higher prices than outer areas, with new construction typically priced 30-50% above existing properties in the same neighborhood.

These prices reflect Berlin's position as Germany's capital and a major European economic hub, where demand consistently outpaces supply in desirable areas.

It's something we develop in our Germany property pack.

How do prices vary depending on the apartment type—studio, one-bedroom, two-bedroom, or penthouse?

Berlin apartment prices show clear differentiation based on size and configuration, with larger units commanding higher per-square-meter rates.

Apartment Type	Average Price per m²	Typical Size Range
Studio	€6,686	25-40 m²
One-bedroom (2-room)	€7,125	40-60 m²
Two-bedroom (3-room)	€8,536	60-80 m²
Three-bedroom (4-room)	€9,219	80-100 m²
Penthouse	€12,000-€15,000+	100+ m²

What are the most expensive areas in Berlin for buying an apartment, and why?

Mitte stands as Berlin's most expensive district, with existing apartments averaging €8,010/m² and new builds reaching €14,560/m².

Charlottenburg follows as the second most expensive area, with existing properties at €6,260/m² and new construction at €11,390/m². This district attracts buyers with its elegant residential streets, premium shopping opportunities, and established cultural institutions. The area's proximity to major business centers and excellent transport connections justify the premium pricing.

Wilmersdorf rounds out the top three expensive districts at €6,560/m² for existing properties and €11,140/m² for new builds. Families and professionals particularly favor this area for its quiet, green environment combined with central accessibility. Schöneberg also commands high prices at €6,150/m² for existing properties and €10,520/m² for new builds, popular for its village-like atmosphere within the city.

These districts maintain their premium status due to central locations, high demand from both domestic and international buyers, proximity to amenities, transport hubs, and prestigious reputations built over decades.

Which neighborhoods are considered affordable or upcoming with growth potential?

Reinickendorf offers the most affordable entry point at €4,170/m² for existing properties, attracting first-time buyers with good public transport connections.

1. **Affordable Districts:** - Marzahn-Hellersdorf: €3,840/m² for existing properties, known for extensive green spaces - Spandau: €3,730/m² for existing properties, offering suburban living with solid infrastructure - Reinickendorf: €4,170/m² for existing properties, excellent value with improving transport links - Lichtenberg: €4,440/m² for existing properties, benefiting from ongoing development projects - Treptow-Köpenick: €4,420/m² for existing properties, combining nature access with urban convenience2. **Upcoming Neighborhoods with High Growth Potential:** - Neukölln: €4,720/m² for existing properties, rapidly gaining popularity due to its creative scene and multicultural atmosphere - Wedding: Emerging as the next hot spot with significant gentrification potential - Parts of Friedrichshain: Still offering value while benefiting from proximity to central areas

These areas present excellent opportunities for investors seeking capital appreciation, with Neukölln showing particularly strong momentum in recent years.

How have apartment prices changed in Berlin compared to one year ago and five years ago?

Berlin apartment prices have increased by approximately 1.5% year-over-year as of June 2025, showing moderate but steady growth.

However, certain market segments have experienced more significant increases, with some sources reporting annual growth rates reaching 7% in specific districts and property types. This variation reflects the diverse nature of Berlin's real estate market, where central locations and new developments command premium appreciation rates while outer districts show more modest increases.

Over the five-year period from 2020 to 2025, the Berlin residential market has demonstrated resilience despite economic uncertainties. The market experienced a temporary slowdown during 2022-2023 due to rising interest rates and economic uncertainty, but has since stabilized and resumed growth trajectory. Looking at the broader historical context, residential property prices in Berlin more than doubled between 2015 and 2020, reaching over €5,100/m² by 2020.

This sustained growth reflects Berlin's fundamental attractiveness as a capital city, combined with persistent housing shortage and continued population growth.

What's the forecast for Berlin apartment prices in one year, five years, and ten years?

Berlin apartment prices are expected to continue moderate growth of 1-5% annually over the next year, driven by sustained demand and limited housing supply.

The one-year outlook remains positive due to renewed investor interest, stable economic conditions, and Berlin's continued appeal as a major European hub. Supply constraints continue to support price stability and growth, while improved financing conditions have restored buyer confidence in the market.

Over the five-year horizon, steady and sustainable growth appears likely, particularly in central districts and emerging neighborhoods. Economic stability, continued population growth, and Berlin's strengthening position as a technology and startup hub support this outlook. Areas like Neukölln and Lichtenberg may experience above-average appreciation due to ongoing gentrification and development projects.

The ten-year forecast remains fundamentally positive based on Berlin's status as Germany's political and cultural center. Long-term demographic trends, infrastructure investments, and the city's international appeal support continued price appreciation. However, regulatory changes, global economic factors, and potential policy shifts could influence this trajectory.

It's something we develop in our Germany property pack.

How does Berlin's price per square meter compare with other major cities like Paris, Amsterdam, or Vienna?

Berlin remains significantly more affordable than Paris, moderately cheaper than Vienna, and roughly comparable to Amsterdam in terms of apartment prices per square meter.

City	City Center (€/m²)	Outside Center (€/m²)	Premium Districts (€/m²)
Berlin	€7,662	€5,519	€12,000-€15,000+
Paris	€15,000+	€8,800-€13,000	€20,000+
Vienna	€9,810	€6,045	€12,000-€15,000
Amsterdam	€7,000-€9,000	€5,000-€7,000	€10,000-€12,000

What's the typical total purchase cost of an apartment in Berlin, including notary fees, taxes, and other buying costs?

Total additional costs for purchasing an apartment in Berlin typically range from 10-15% of the purchase price.

The breakdown includes notary fees at 1-1.5% of the purchase price, real estate transfer tax (Grunderwerbsteuer) at 6%, registration fees at 0.5%, and brokerage fees ranging from 3-7% plus VAT. These costs are mandatory and must be budgeted in addition to the property purchase price and any financing requirements.

For a practical example, purchasing a €400,000 apartment in Berlin would require additional costs between €40,000-€60,000. This includes €24,000 in transfer tax, €4,000-€6,000 in notary fees, €2,000 in registration fees, and €12,000-€28,000 in brokerage fees depending on the specific arrangement with the real estate agent.

These additional costs make it essential for buyers to prepare sufficient liquidity beyond the down payment and purchase price to complete the transaction successfully.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Germany versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What are the average monthly mortgage payments for an apartment in Berlin, depending on price and down payment?

Monthly mortgage payments for Berlin apartments vary significantly based on purchase price, down payment, and current interest rates.

Using current market conditions with a 20% down payment, 3.8% interest rate, and 20-year loan term, a €400,000 apartment purchase would require €80,000 down payment and generate monthly payments of approximately €1,900 for principal and interest on the remaining €320,000 loan amount.

Different scenarios show varying payment structures: a €300,000 apartment with 20% down results in monthly payments around €1,425, while a €500,000 apartment with the same down payment percentage leads to monthly payments of approximately €2,375. Higher down payments significantly reduce monthly obligations - a 30% down payment on the €400,000 apartment would reduce monthly payments to roughly €1,665.

Interest rate fluctuations substantially impact these calculations, with each percentage point change affecting monthly payments by approximately €150-200 on a €300,000 loan amount.

What are the smartest options today in Berlin if I want to buy to live in it versus rent it out versus resell at a higher price later?

For personal residence, established central districts like Mitte, Charlottenburg, and Wilmersdorf offer lifestyle convenience and stable value retention.

Buyers planning to live in their Berlin apartment should prioritize locations with excellent transport connections, amenities, and established neighborhoods that maintain their desirability over time. These areas provide quality of life benefits while protecting investment value, though they require higher initial investment.

For rental investment purposes, focus on high-demand districts with strong transport links and proximity to universities or business centers. Berlin's rent control regulations (Mietpreisbremse) limit short-term rental income growth but ensure stable long-term returns. Areas like Friedrichshain, Prenzlauer Berg, and parts of Neukölln attract consistent tenant demand from young professionals and students.

For capital appreciation and resale purposes, emerging districts like Neukölln, Treptow-Köpenick, and Lichtenberg offer the strongest growth potential. These areas benefit from gentrification trends, infrastructure improvements, and lower entry prices that allow for greater percentage appreciation over time.

Short-term rental strategies work best in central tourist areas, but require careful attention to legal restrictions and licensing requirements that vary by district.

Can you give real examples of apartment purchase prices recently listed or sold in different Berlin areas?

Recent Berlin apartment transactions demonstrate the significant price variations across districts and property types.

1. **Mitte Examples:** - 70 m² existing building apartment: €560,000 (€8,000/m²) - 45 m² new build apartment: €585,000 (€13,000/m²) - 90 m² penthouse: €1,260,000 (€14,000/m²)2. **Charlottenburg Examples:** - 85 m² existing building apartment: €540,000 (€6,350/m²) - 65 m² renovated apartment: €520,000 (€8,000/m²)3. **Neukölln Examples:** - 60 m² existing building apartment: €270,000 (€4,500/m²) - 75 m² modernized apartment: €390,000 (€5,200/m²)4. **Reinickendorf Examples:** - 75 m² existing building apartment: €320,000 (€4,270/m²) - 55 m² new build apartment: €385,000 (€7,000/m²)5. **Lichtenberg Examples:** - 80 m² existing apartment: €355,000 (€4,440/m²) - 70 m² new development: €525,000 (€7,500/m²)

Which apartment types and areas offer the best value for investment in today's market?

Two and three-bedroom apartments in emerging districts provide the optimal balance of affordability, rental demand, and appreciation potential.

Neukölln, Lichtenberg, and Treptow-Köpenick represent the strongest value propositions for investors seeking growth potential at reasonable entry prices. These districts benefit from ongoing gentrification, infrastructure improvements, and increasing popularity among young professionals and creatives. Properties in these areas typically offer better rental yields while maintaining strong appreciation prospects.

Two and three-bedroom apartments specifically attract the highest rental demand from both local and international tenants, including families, flatshares, and professional couples. These configurations provide flexibility for tenant types while maintaining strong resale appeal compared to studio apartments or very large units.

Emerging areas like Wedding and parts of Reinickendorf also merit consideration for value-focused investors, particularly properties near planned infrastructure improvements or transport connections. The key is identifying neighborhoods in early stages of gentrification before prices fully reflect their potential.

It's something we develop in our Germany property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Properstar Berlin House Prices
2. Hypofriend Berlin Property Prices
3. Guthmann Estate Market Report
4. FirstCitiz Berlin Property Prices
5. Property Investment Blog Berlin
6. Numbeo Property Comparison
7. Kummuni Berlin Apartment Guide
8. Global Property Guide Europe