Your guide to Berlin Luxury Real Estate
Why to buy luxury real estate in Berlin?
You are interested in buying luxury real estate in Berlin? The upscale property market in the German capital is experiencing a strong momentum with several new project developments in the city center and still attractive prices. Indeed, luxury real estate in Berlin is 2 to 4 times lower than in London or Paris, when considering comparable locations and property standings. This also explains why many luxury property investors, professionals as well as private landlords, have chosen to invest in real estate in Berlin.
The luxury real estate market in Berlin offers great opportunities both fin modern and period authentic apartment buildings. In the capital of Germany, 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-built luxury homes in prime downtown locations like Schöneberg, Prenzlauer Berg, Friedrichshain, Wilmersdorf, Charlottenburg, Kreuzberg and Mitte.
Berlin luxury real estate market offers also many options: new modern developments, renovation of authentic period buildings, industrial lofts, Attics as well as modern penthouses or an aur property in a renovated period building. Actually, if you are looking to buy luxury real estate in Berlin in a prime location, you have the choice between five types of properties:
- Penthouses with stunning views on city landmarks in areas like Schöneberg, Charlottenburg Wilmersdof and Mitte
- New-build luxury homes in central districts of Berlin
- Industrial loft apartments in trendy locations like Kreuzberg, Neukölln, Moabit, Wedding and Prenzlauer Berg
- Luxury homes in authentic period buildings (Altbau in German)
- Modernized attic luxury apartments in period buildings
How to choose your luxury property in Berlin?
The first step for finding your suitable luxury property 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 the right purchase choice in Berlin luxury real estate market. In addition to our exclusive property listings, 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 property 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 real estate options, 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 homes 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 the luxury properties in Berlin 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 exclusive Berlin luxury real estate listings. Our luxury properties in Berlin range from the 1-bedroom apartment to the 4-5 bedrooms family home. For a new build real estate development, luxury property prices in Berlin start around 7000 euros per sqm for a purchase in a central location. Currently, the market demand for luxury homes 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 select for you the most suitable luxury homes for sale in Berlin.
The capital of Germany offers the possibility of acquiring stunning penthouses in central locations for still affordable prices. A penthouse apartment in Berlin costs 3 to 5 times 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 property 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 luxury apartment
Several old craft and industrial buildings in the city are being renovated and transformed into design loft apartments. Loft apartments in Berlin have the unique industrial vintage charm with brick ceilings and walls, concrete flooring and large metal-framed windows. Industrial lofts in Berlin feature generally high ceilings of up to six meters height which offers the possibility of creating a mezzanine floor within the apartment (Galeriewohnung in German).
Lofts in Berlin are among the most sought-after properties for their authentic vintage style and their historical value. This explains why lofts for sale in Berlin are quite scarce especially when it comes to prime central locations. The areas where one search for an industrial loft for sale in Berlin are Kreuzberg, Moabit, Prenzlauer Berg and Mitte. The market of industrial-style luxury real estate in Berlin start around just €600,000 for a converted flats. If you are interested in renovation and home design, you might also go for a raw surface that you can convert into a loft with the help of an architect or an interior designer.
If your preference goes toward buying a loft apartment, please, do not hesitate to share with our English-speaking real estate agency in Berlin your home search criteria (area location, bedroom/bathroom number, sqm size and sale price) and our team will revert to you with our most suitable luxury real estate listings in Berlin.
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 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 has 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. Berlin luxury real estate prices start around 6000 euros per square meter for an upscale prime location apartment in a period building (Altbau in German). 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 luxury home search criteria (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 real estate property in Berlin!
To conclude, Berlin luxury real estate market offers the opportunity to acquire an exceptional property in a central district and at incredibly 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 luxury homes 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 about the mortgage loan that could represent 100% of the apartment purchase price if you live in Germany. If you live abroad, we could help you to get a mortgage loan in Germany at for up to 70% of your apartment purchase price. Our team also offers you full assitance with your mortgage application and process in Germany.
For more information about Berlin luxury real estate market, property sale prices in the city center and our exclusive listings, please do not hesitate to get in touch with our real estate agency.