Berlin luxury real estate
Buying a luxury property in Berlin
Berlin luxury real estate market is experiencing a strong momentum with several new project developments in the city centre and attractive prices. Indeed, luxury real estate price in Berlin are 2 to 4 times lower than in London or Paris for comparable locations and property standings. This explains also why so many luxury global investors and family offices have chosen Berlin for luxury real estate investment.
The housing market in the capital of German offers great opportunities both fin modern and period authentic apartment buildings. In Berlin you could have the choice between buildings of the Art Nouveau era, old craft or early 20th century buildings transformed into new industrial lofts and new development luxury apartments in prime downtown locations like Schöneberg, Prenzlauer Berg, Friedrichshain and Mitte.
The upscale real estate market in Berlin distinguishes with the diversity of the residential market property offer. In fact, you could acquire either a property in a new estate development or a property in a renovated period building. If you search an apartment to buy a luxury with a central location, you have the choice between 4-5 types of properties:
- A Penthouse with terrace stunning views on city landmarks in areas like Schöneberg, Wilmersdof and Mitte.
- A new build luxury apartment in Berlin central areas like Mitte, Charlottenburg and Friedrichshain.
- A vintage industrial loft apartment in a trendy location like Kreuzberg or Prenzlauer Berg.
- A luxury apartment in an authentic period building in a central area area like Mitte, Charlottenburg and Prenzlauer Berg.
- A modernized attic apartment in a period building in a central location
How to choose your luxury property in Berlin?
The first step for finding your suitable upscale apartment in Berlin is to decide whether you prefer:
- The authenticity of living in a period building (high-ceilings, wooden floor, stucco ornaments…)
- The comfort of living in a new build apartment that offer high-quality and modern fitting standards
Whether you prefer the modernity comfort or the authenticity, our team will advise you on all options and will help you making your pick. In addition to our featured listing of exclusive of apartments for sale, we offer you a full assistance in the location choice, the property search, the fitting customization and the property purchase process in order to choose your new luxury home in Berlin!
In order to offer you suitable properties, please, do not hesitate to share with our team your purchase criteria and preferences:
- The location lifestyle and the city areas in which you would be interested
- The size of the apartment, the number of bedrooms and bathrooms
- The price range in which we should look for a property
- Any other preference like floor, lift, balcony, terrace, garden…
The following section is aiming to provide you with some ideas about Berlin luxury apartment types, property prices in order to help you deciding for the choice of your new luxury home in Berlin!
New build luxury apartment
Formerly the Berlin Wall occupied a large portion of the city center like Mitte (Friedrichstrasse and Postdamer Platz) and Prenzlauer Berg (Bernauer strasse). Today, the exploitation of new land plots with the development of new commercial and residential housing projects, gives the opportunity to acquire outstanding luxury apartments at still reasonable prices in the central city areas like Mitte.
New development German building standards allow to benefit from most modern amenities, energy-efficiency, high-quality fittings and generous living spaces. In addition, most of luxury properties have a parental suite, a balcony or terrace as well as individual parking places in the building. Some of the high-end apartments are built on two floors like townhouses (Maisonette house in German).
Our agency manages large listings of new build luxury homes in Berlin ranging from 1-bedroom single apartment to 4-5 bedrooms family home. For a new build real estate development, luxury property prices start around 7000 euros per sqm for a purchase in a central location. Currently, the market demand for luxury apartments for sale is quite high and most of properties are sold off-plan 1 to 2 years before development completion.
In view of your search details (area, floor, living space sqm, bedroom and bathroom number, terrace or balcony view and sale price) we will provide you with a list of suitable available apartments and penthouses for sale.
Berlin offers the possibility of acquiring stunning penthouses in central locations for still affordable prices. A penthouse apartment in Berlin costs 3 to 5 time less than the price of a comparable location and standards penthouse in Paris or London. Our agency offers a selection of exclusive penthouses with terraces that have stunning view over the city main landmarks like Alexanderplatz tower, Tiergarten park, Potsdamer Platz or the Victory column.
Attic apartments (Dachgeschosswohnung in Germany) are also very popular among Berliners because they combine upscale fitting standards with classical construction authenticity like mansard spaces. Luxury attic apartments in Berlin are usually located in the 5th floor and feature private lifts as well as large terraces with stunning views on city landmarks For a luxury attic penthouse in Berlin, the property prices start around 6500 euros per square meter for a central area like Mitte and Prenzlauer Berg.
If you plan to buy a luxury penthouse apartment, please, get in touch with us with your criteria: area, size, bedrooms, bathrooms, building construction period, and budget). Our team will select for you the best penthouses offers available in the city in line with your criteria.
Loft style apartement
Several old craft and industrial buildings were renovated and transformed into design loft apartments. Loft apartments has the unique industrial vintage charm with brick ceiling and walls, concrete flooring and large metal-framed windows. Industrial lofts in Berlin feature generally high ceilings of up to 5-6 meters height which offers the possibility of creating a mezzanine floor within the apartment (Galeriewohnung in German).
The lofts in Berlin are among the most sought-after and rare properties for their authentic vintage style and their historical value. Those properties are quite scarce in central locations. The areas where one would find an industrial loft for sale in Berlin are Kreuzberg, Moabit, Prenzlauer Berg and Mitte and the sale prices start around € 500,000.
If your preference goes toward buying a loft apartment, please, do not hesitate to share with our Berlin real estate agency your home search criteria (area location, beds / bathroom number, sqm size and sale price) and our team will revert to you with suitable property offers.
Luxury apartment in a classical building
Like in London or Paris, period renovated buildings represent a great option for buying a luxury real estate in Berlin with a historical property value. Classical Berlin period buildings offer a unique charm (large entrance, high-ceilings, marble, stucco, moldings…), especially when it’s in a central historical location like the surroundings of Kurfürstendamm avenue. In addition, if the property have a historical value (Denkmalschutz in German), the buyer will benefit from important tax advantages and in some cases a significant part of the property purchase price would be counted as a tax relief and deducted from the owner future tax payments.
The most sophisticated Art Nouveau period buildings in the city are located in the West, particularly in Charlottenburg, Schöneberg, Steglitz and Wilmersdorf neighborhoods. In the city east, due to the communism era, period buildings are relatively more standard and less sophisticated, however it is still possible to find (case by case) some apartments with quite sophisticated features. The sale price of a luxury apartment in Berlin located in a period building in a nice location (Altbau in German) starts around 6000 euros per square meter. If you are looking for a new apartment in a period building in a central area, please, contact our real estate agency to help on your new home search.
In view of your property search details (area, bedroom number, bathrooms, building construction period, floor, amenities and budget), our team will select for you apartments with suitable prices.
Let us find your new luxury property in Berlin!
In summary, the luxury real estate commercial and housing market in the German capital offers the opportunity to acquire an exceptional property in a central district and at increadibly attractive sale price when compared to other Europe’s large capitals like London or Paris. This fully explains the high enthusiasm of the local and international for buying luxury properties in Berlin.
It goes without saying that with the exponential growth of the city importance in German and Europe, luxury real estate in Berlin has a extraordinarily strong potential and room for price growth.
Our real estate agency offers a selection of exclusive apartments for sale in best city districts and will support you with a comprehensive service and full-assistance during the purchase process in Germany.
Also, the low mortgage rates in Germany, make it interesting to buy an apartment in Berlin with a home loan mortgage. Our real estate agents would advise you on the rate level and the amount of loan that could represent 100% of the apartment purchase price if you live in Germany. If you live abroad, we could help you getting a mortgage loan in Berlin at for up to 70% of your apartment purchase price.
For more information about the luxury property market, property sale prices in the city or our exclusive featured listings of Berlin luxury apartments and homes for sale, please do not hesitate to write our real estate agent team an email at email@example.com or call us directly on +49 3041717274.