After the fall of the Wall, Marzahn-Hellersdorf was long regarded as a place people preferred to steer clear of. But a variety of measures, such as the construction of new district centers and the creation of many green spaces, have been counteracting this image for several years. At the latest with the Gardens of the World, which opened in 2017 for the International Garden Exhibition (IGA), an oasis was created between slabs and single-family homes, which has greatly increased the quality of life in Marzahn-Hellersdorf and attracts more and more people here. What else the Stadttiel has to offer, we will show you in the following chapters.
The area has been experiencing a revival for several years and is extremely popular, especially with students. Its facades no longer look as drab and gray as they did in GDR times. Adorned with colorful artwork, they are a reflection of the colorful and multicultural life in Marzahn-Hellersdorf. After all, the cult buildings not only attract students to the eastern edge of the capital, but Marzahn-Hellersdorf is also becoming increasingly popular with families and newcomers from Germany and abroad. This, together with the increased settlement of companies, ensures that purchasing power is rising continuously and that a thoroughly positive change is taking place.
Average rental prices
9
EUR / m²
+12.87%
Average purchase prices
3,859
EUR / m²
+4.61%
Rental offers
251
-34.99%
Purchase offers
89
+21.84%
Average rental prices
14.36
EUR / m²
+33.40%
Average purchase prices
5,260
EUR / m²
+2.93%
Rental offers
61
-40.69%
Purchase offers
49
+31.08%
Average rental prices
9
EUR / m²
+12.87%
Average purchase prices
3,859
EUR / m²
+4.61%
Rental offers
251
-34.99%
Purchase offers
89
+21.84%
Above all, the pronounced stock of family homes contributes to the attractiveness of Marzahn-Hellersdorf as a place to live. Despite several new construction projects, however, demand far exceeds supply. Rental apartments are also rather scarce, especially due to the low privatization rate of prefabricated buildings after the fall of the Wall. However, although the market for multifamily housing is smaller than in other districts, a positive price dynamic has been emerging for several years. In particular, the newly created district centers and green spaces are encouraging the emergence of new construction projects.
The market for condominiums has been small to date, but has been expanding for several years. The high level of interest in single-family homes means that prices for property are also rising steadily in Marzahn-Hellersdorf. The steadily increasing popularity suggests that this trend will continue.
Average purchase prices
3,859
EUR / m²
+4.61%
Average purchase prices
5,260
EUR / m²
+2.93%
Since only a small proportion of existing apartments were privatized after the fall of the Wall, the market for apartment buildings and rental apartments in Marzahn-Hellersdorf is smaller than in other parts of the capital. Despite an overall increase in rents in recent years, these prices are still well below the Berlin average. The structural change that is taking place suggests that prices will continue to rise in the coming years.
Average purchase prices
3,859
EUR / m²
+4.61%
Average purchase prices
5,260
EUR / m²
+2.93%
About 274,000 people live in Marzahn-Hellersdorf, and the population can be described as homogeneous. However, this fact has been changing in recent years. Because of the comparatively cheap housing, the many green spaces and the good location, more and more young people, families and also international visitors are attracted to the district. This means that Marzahn-Hellerdorf, just like many other Berlin districts, is at the beginning of an exciting development and, accordingly, a demographic change will take place.
Moves in
Persons
-19.18 %
Moves out
Persons
+4.27 %
In the year 2021, development compared to the previous year
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