The Real Estate Market in Reinickendorf: A Nature-Oriented Quality of Life and Strategic Development Potential.
Reinickendorf combines urban infrastructure with outstanding natural areas such as the Tegeler Forest and Lake Tegel. For buyers and investors, this district in northwest Berlin is positioning itself as a market with solid fundamentals and clear prospects for the future. The combination of established, middle-class residential neighborhoods and extensive urban development projects makes Reinickendorf a strategically highly attractive location—both for a long-term home and for reliable wealth accumulation.
Purchase Prices: Solid Entry-Level Valuations and Clear Prospects
The real estate market in Reinickendorf offers a very healthy, down-to-earth price structure. Compared to the highly densely populated inner-city districts, buyers will find a market here that stands out for its excellent value for money.
- Across the entire district, existing apartments range on average from around 4,200 to 4,800 euros per square meter.
- Premium properties and apartments near the water—particularly in the exclusive northern neighborhoods—command prices per square meter ranging from 5,500 to 6,800 euros, and even higher in prime locations.
Your perspective: Transparent pricing offers homeowners the opportunity to enjoy a high quality of life and green open spaces on a reasonable budget. For investors, these entry-level prices—combined with the district’s potential for appreciation—mean solid returns and reliable increases in value .
Micro-locations: From Garden Cities to Urban Neighborhoods
Reinickendorf is spatially and structurally very diverse. As part of our detailed needs analysis, we identify precisely those neighborhoods that best support your investment profile or life plans:
- Frohnau & Hermsdorf: The premium green segment in the north. Characterized by a garden city atmosphere, stately villas, and mature trees. These locations attract a high-income clientele and offer homeowners maximum tranquility as well as investors extremely high value stability.
- Tegel & Konradshöhe: Living with direct access to the water. These micro-locations offer tremendous recreational and leisure value while providing excellent access to the city center. Apartments in Tegel enjoy consistently high demand and guarantee reliable rental potential.
- Reinickendorf-Ost & Wittenau: Urban neighborhoods with excellent infrastructure connections. These areas are currently undergoing significant gentrification and are particularly appealing to investors seeking above-average return potential and a young, growing tenant base.
Supply & Demand: Structural Upgrades Drive the Market
A key factor driving future-proof demand in Reinickendorf is the redevelopment of the former Tegel Airport (TXL). With the “Urban Tech Republic” and the “Schumacher Quartier,” one of Europe’s largest innovation and residential projects is taking shape here. In the long term, this will attract companies, research institutions, and skilled workers to the district.
Your Perspective: These massive structural investments have a direct impact on both the immediate and broader surroundings. For investors, the resulting job opportunities mean a secure tenant base with strong purchasing power. Homeowners benefit from the steadily growing infrastructure and the overall revitalization of the entire northwest of Berlin.
Conclusion: Why Reinickendorf Is an Attractive Location
The market in Reinickendorf rewards buyers who plan ahead and focus on fundamental urban development . The case for the district is backed by hard facts:
- Economic strength: Major projects, such as the redevelopment of the TXL site, ensure the district’s long-term demographic and economic vitality.
- Outstanding recreational areas: With Lake Tegel and large forested areas, the district offers a quality of life that keeps property owners coming back for the long term.
- Solid investment foundation: The moderate price structure enables high-yield investments away from the overheated downtown markets while still offering a high-quality location.
What do you think? In which district was Berlin’s first skyscraper built? In Mitte, Charlottenburg, or Marzahn? If you’re thinking along those lines, you’re wrong. Berlin’s first skyscraper, standing 65 meters tall, is the Borsigturm, located in Reinickendorf. The tower, with its beautiful brick facade, was built in 1922 on the grounds of Borsigwerke, a mechanical engineering company. Back then, the tower was something of a symbol of the burgeoning industrial culture; today, it’s still used as an office building.
You may not have heard of the Borsigturm before, but the neighborhood where it’s located might be more familiar to you: Tegel. Until the end of 2020, the former Berlin airport was one of the most important in Europe. In the future, this 500-hectare site will make way for exciting new developments; you can learn more about this under the section “Business Hub.”
You can read about other interesting and noteworthy facts about the district in the following chapters. And you’ll discover that Reinickendorf—like some other outlying Berlin districts, by the way—is a place of contrasts. If you had to give Reinickendorf a headline, it might look something like this: “Reinickendorf: High-Rise Housing Complex Versus Allotment Garden Association.” But just read on for yourself…
Reinickendorf is located in northern Berlin and borders Pankow to the east, Mitte and Charlottenburg to the south, and Spandau to the southwest. The district is divided into the neighborhoods of Frohnau, Heiligensee, Hermsdorf, Lübars, Waldmannslust, Wittenau, Märkisches Viertel, Borsigwalde, Konradshöhe, Tegel, and Reinickendorf.
The residential areas in the district are as diverse as those in other outlying districts of Berlin. For example, there are very metropolitan neighborhoods in Reinickendorf and Wittenau, and the Märkisches Viertel also features high-rise housing complexes. If you look further north, for example in Frohnau or Hermsdorf, you’ll discover elegant single-family homes as well as streets with a truly village-like character.
As briefly mentioned at the beginning, the former Tegel Airport site is a dynamic and highly attractive location for investment. The plans call for a mix of research, industry, green spaces, and residential areas. Countless companies, startups, the Berlin University of Applied Sciences, and a completely new residential area with schools, daycare centers, and other infrastructure will offer excellent opportunities for self-employed individuals across a wide range of industries. Furthermore, Reinickendorf boasts an excellent location, as it is situated right next to the central districts of Mitte and Charlottenburg. The predominant industries throughout Reinickendorf include retail, auto repair shops, freelance professionals, scientific and technical services, and the construction industry.
If you’re interested in Reinickendorf’s long history, you should stop by the Museum Reinickendorf in the Hermsdorf neighborhood. Here, a permanent exhibition highlights the development of the district and, in particular, that of Tegel. The museum is housed in a former school building dating from 1889, where classes were held until 1980. After that, the brick building was converted into a museum.
There’s even more culture to be found in the “White City” in the Reinickendorf district. Built in the 1920s by renowned architects, this housing estate—entirely white and featuring clean lines—has been a UNESCO World Heritage Site since 2008 because its design symbolizes an important milestone in architectural history.
If, after taking in so much culture, you’re in the mood for a relaxing break, then Reinickendorf is exactly the right district for you. Here, with Lake Tegel and the Tegel Forest, you’ll find opportunities for local recreation right on the city’s doorstep. Around the lake—which, at 450 hectares, is Berlin’s second-largest lake after Müggelsee in Köpenick—you’ll find everything you need for a short getaway: an outdoor swimming pool, playgrounds, water sports, and cafés and restaurants with views of the water. And in the adjacent Tegeler Forest, you can recharge your batteries with a long walk through the woods. And while you’re here in the forest, be sure to visit Berlin’s oldest tree, the “Dicke Marie.” With an estimated age of nearly 900 years, this ancient oak is older than the capital itself, and at 26 meters tall, it’s impossible to miss.
In Reinickendorf, you can enjoy a lively and diverse bar and pub scene, and you can fuel up for your nightlife adventure at one of the many restaurants, which often serve Italian or home-style cuisine. And for all beer garden fans, here’s our top tip: Be sure to visit the Fährhaus Saatwinkel, where you’ll find one of Berlin’s oldest beer gardens and an unparalleled view of Lake Tegel.
Our top shopping tip in Reinickendorf is definitely the Borsighallen, also known as the Hallen am Borsigturm, on Lake Tegel. Inside these massive, historic brick factory halls—which are listed as cultural monuments—there are countless shops where shopping enthusiasts can buy jewelry, shoes, books, home decor, and even furniture. To take a break in between, there are dining options ranging from sushi to ice cream, and even a movie theater.
Reinickendorf has a well-developed infrastructure, including various types of schools, doctors, supermarkets, discount stores, and shops for everyday needs. The Reinickendorf Music School is the largest school for musical theater production in Berlin. So if you discover a talent in this area in yourself or your children, this school would be a good choice.
Public transportation is generally well-developed, with S-Bahn lines, the U-Bahn, and buses. It takes 20 minutes to travel by S-Bahn from Wittenau to the main train station, or 15 minutes from Tegel to Reinickendorf.
Drivers can enjoy good road connections with many major thoroughfares that allow for quick trips to other Berlin districts. For example, you can reach Mitte in 20 minutes via the B 96. Reinickendorf is also located along the A111 urban highway, which takes you from Tegel to Charlottenburg in 15 minutes.