Berlin Schöneberg: development and life in the borough

What do David Bowie, Albert Einstein and Marlene Dietrich have in common? Correct, they all lived, at least for a time, in Schöneberg. And for good reason. The neighborhood has a lot to offer. In addition to a large queer scene that hangs out in the many LGBTQ bars and pubs, cozy cafés and diverse restaurants invite you to linger. While the KaDeWe offers everything that the luxury heart desires, bargain hunters will also get their money's worth at the flea market on Rathenauplatz. Those who prefer something more alternative can stroll through the streets and indulge in the offerings of the many small shops. With the Park am Gleisdreieck, Schöneberg offers a huge green oasis with urban flair. The district is so varied that a mere description hardly does it justice. Schöneberg has to be experienced. The following chapters hold exciting information about Schöneberg as a real estate location for you, showing that the borough also offers excellent conditions in this segment.

Real estate market in Berlin-Schöneberg

The real estate market is booming in the capital: Prices for freehold apartments and houses have more than doubled in recent years, and rents have developed in a similar way. Due to the high attractiveness of the district, this trend can also be observed in Kreuzberg and an end to this development is not in sight. The international and young population is increasingly entering the scene as a financially strong buyer class, thus contributing to the positive trend in value development. On the other hand, there is limited space for new developments and low fluctuation in the existing segment. This means that demand is high and supply is rather low, which is known to arouse desires and thus promote the run on one of the sought-after and rare properties.

Average rental prices

14

EUR / m²

+40.32%

Average purchase prices

5,195

EUR / m²

+5.74%

Rental offers

304

-16.85%

Purchase offers

1,033

+50.88%

Schöneberg: Real estate supply and development

Schöneberg is very popular. With its sophisticated old buildings and the more modern apartment buildings from the post-war period, the district mainly holds apartments. The facades are often adorned with street art. Only a few of the formerly high stock of Gründerzeit villas survived the Second World War. The already dense population ensures relatively little new construction activity.

Offer of properties for rent and sale in Tempelhof-Schöneberg

Rental offers
Purchase offers

How are real estate prices developing in Schöneberg?

Schöneberg has been experiencing steadily rising demand for several decades. This and the general housing shortage in the capital have ensured that real estate prices have also skyrocketed here in recent years. At present, it can be assumed that this trend will continue due to the high attractiveness of the district.

Purchase price (m²) in Tempelhof-Schöneberg

Existing building

Average purchase prices

5,195

EUR / m²

+5.74%

New builds

Average purchase prices

8,335

EUR / m²

+20.82%

Average purchase price Tempelhof-Schöneberg

New build
Existing building

Current rents and development

Even though rents have only risen marginally in the past year, there has been an extremely positive price trend in Schöneberg in the years before. The apartments on offer are mainly in the medium to upper price segment. The popularity of the area, which has been on the rise for years, is likely to ensure a strong surplus of demand in the future, which will continue to drive up rents.

Average rental prices in Tempelhof-Schöneberg

Existing building

Average purchase prices

5,195

EUR / m²

+5.74%

New builds

Average purchase prices

8,335

EUR / m²

+20.82%

The population of the district

About 150,000 people live in Schöneberg on about 12 square kilometers. The population is colorful and diverse; different cultures and ways of life meet here and enjoy the varied coexistence in a quiet and friendly way. In terms of income, Schöneberg residents are among the high earners.

Residents Tempelhof-Schöneberg
The five largest international populations in Tempelhof-Schöneberg

Migration in Tempelhof-Schöneberg

Moves in

15,889

Persons

-18.91 %

Moves out

13,904

Persons

-2.75 %

In the year 2021, development compared to the previous year

Life in Berlin-Schöneberg

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