Across Germany, home ownership continues to be cheaper than living in rented accommodation. Even in high-priced metropolitan areas, significant cost advantages for owners can be observed.
Furthermore, the German Economic Institute (IW) sees no signs of an overvaluation of the residential real estate markets. On the contrary, the low level of interest rates and immigration to the metropolitan areas are continuing to drive up rental and purchase prices.
When it comes to evaluating a real estate investment, there are many parameters and statistics to consider. Which regions are suitable for my goals? How do long-term and short-term developments in certain areas relate to each other? These and other questions are answered by the ACCENTRO Home Ownership Report 2022.
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As a borough in the west of Berlin with many green spaces and sights, there are many properties to choose from, but their prices are slightly higher than in other parts of the city. The demand for housing remains unbroken, as Charlottenburg offers a high quality of life.
Those who want to live in Charlottenburg can choose between apartments in old buildings with high ceilings and original stucco decorations, modern new buildings or villas and townhouses. Especially popular are apartments and houses in good locations, with optimal connections to public transportation and close to shopping and schools.
“In recent years, Charlottenburg has developed into a trendy part of town. There is always something new to discover and I feel very comfortable here. Charlottenburg is my home for me and I would recommend it to anyone looking for a place to live with a high quality of life.”
Max T. Tax consultant
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With its picturesque old buildings, apartments, noble boutiques and department stores, no other part of Berlin exudes such a nostalgic and unique charm as Charlottenburg. For years, the real estate market here has shown a dynamic upward trend. The asking prices for real estate have increased by about 50% in the last five years. This price development can be observed particularly clearly in the new construction segment. The outer appearance is also developing just as quickly, with major investors wanting to realize large-scale projects and transform the City West. Charlottenburg is on the move.
Average purchase prices
6,468
EUR / m²
+7.47%
Average purchase prices
11,467
EUR / m²
+6.77%