Across Germany, home ownership continues to be cheaper than living in rented accommodation. Even in the 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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Where the most tourists are drawn to, where there is no other place with more world-famous sights and where endless shopping opportunities, restaurants, trendy bars and an exciting and colorful mix of people await residents and visitors, that's where Berlin-Mitte is located.
This district is not only a tourist magnet, it is also packed with history that makes Berlin what it is: a symbolic city for freedom, tolerance and reunification. These are things that are not only interesting for visitors, but that Berliners themselves are proud of. And this special feeling about it can only be found in Berlin-Mitte, the lively and vibrant center of the German capital.
“I've lived here for 24 years now and I'm always amazed by the different facets of the district. Berlin-Mitte is an experience, and a particularly beautiful one on top of that.”
Susanne P. Administrative assistant
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The real estate market in Mitte is exclusive, sophisticated and in demand internationally. Prices for rent and property have more than doubled in recent years. Pure use of real estate as living space is rare here. The properties are home to stores, corporate offices and apartments in equal measure. The streetscape is composed of picturesque old buildings, modern building complexes and nostalgia-spraying GDR slabs, reflecting the melting pot existence of Berlin Mitte.
Average purchase prices
7,379
EUR / m²
+22.99%
Average purchase prices
10,009
EUR / m²
+9.02%