How much does an apartment in Berlin cost?
How much is a flat in Berlin worth in 2023
Comprehensive data on flat prices in Berlin: prices for one, two and three-bedroom flats, houses and commercial properties in Berlin.
Flat prices in Berlin: current prices in 2023 - How much is a flat in Berlin: What can we expect in Berlin real estate market in 2023-2024?
Property prices in Berlin, like those in the rest of Germany, have been rising over the last 10 years.
The Berlin real estate market is currently overheated, but on the other hand the geopolitical risks in Europe plus historically low borrowing rates are drivers for further price growth in Berlin.
Data on average property values in Berlin in 2023:
- The average value of a secondary market flat is €5,000.00/m2,
- The average cost of a new building in Berlin is 8,000 €/m2,
We closely follow the development of the real estate market in Berlin and the rest of Germany, and will change the chart accordingly.
What is happening to the property market in the German capital city after the coronavirus quarantine?
How dynamic is the property market in Berlin, Munich, or elsewhere in Germany?
When should I sell my property to a foreigner in Germany?
How do I change my housing management company in Germany?
What taxes should be paid when buying or selling property to a foreigner?
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Flat prices for new and used flats in Berlin for the year 2023:
Districts in berlin |
Price/ m² New Build Flat |
Price/ m² Secondary living |
Mitte |
11.000€ |
6.500€ |
Charlottenburg |
9.000€ |
6.000€ |
Schöneberg |
7.500€ |
4.900€ |
Tiergarten |
7.700€ |
4.700€ |
Steglitz |
7.100€ |
4.500€ |
Kreuzberg |
7.500€ |
4.500€ |
Pankow |
6.500 |
4.000€ |
Reinickendorf |
6.300 |
3.500€ |
Spandau |
6.000€ |
3.200€ |
If you are still looking for something, we would love to have you among our clients!
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