Berlin Skyline

Berlin Skyline
Property Hotspot Berlin

Friday, 8 September 2017

Did you know ... Berlin still has about 36,000 Gaslights?

The streetlighting in Berlin still shows the former division of the city. The majority of the streetlighting system was destroyed by allied bombing during the war. East Berlin rebuilt it using electricity with no real threat of being cut off. West Berlin with the Berlin Blockade in mind decided to keep the gaslights in operation as the gas could be produced using stores of coal for a while even when cut off supplies.


Of course people are preferring the tone of light over modern neon light so the city jumped a step and is going straight to LED light which imitates the shape and tone of gaslights except in protected areas where the gaslights will be kept in operation despite the fact that their energy consumption is at about 7 times the level of the LEDs.

When you drive or walk around the city you will not even recognize the modern versions of the gaslights.

Thursday, 7 September 2017

The Property Location of Berlin Rudow and Current Market Data



General location

Rudow is one of Brandenburg's oldest settlements. The city quarter is located in the extreme southeast of Berlin's Neukölln district which was also the border to East-Berlin and the East German “Bezirk Potsdam” area. In the north, it borders the districts of Buckow and Britz, in the east the Berlin borough of Treptow, in the south the Brandenburg district of Schönefeld, and in the west, the Brandenburg district of Großziethen.

About Rudow

Center of the former village is to this day the village church from the 13th century. Urban Rudow is very similar to the north Buckow: a lot of green, single and multi-family houses, some residential blocks. There are even a few farms. In the industrial area between Kanalstraße and Teltowkanal, several large industrial branches have also settled.
By means of the subway line U7 (stations: Wutzkyallee, Zwickauer Damm, Rudow) and several bus lines, Rudow is well connected to the Berlin transport network.

Impressions of Rudow

Rudow is the largest residential building project. Since 1994 around 1,200 new apartments, terraced and double houses have been built. A popular excursion destination is the 70-meter high Rudower Höhe on the Glashütter Weg, made of rubble from bombed houses after WW II, with a large toboggan run. From the old village core to the town boundary on the Kleinziethener Weg, the restored Rudower brook flows.

The new development "Rudower Felder" is framed by parking facilities. In the north, a regional green area is defined as a distance zone to the existing building development. In the south, a supra - regional greenway is to connect to Brandenburg. The actual settlement structure is structured by a main road running east to west, which crosses the diagonally guided subway in a central square. The residential blocks stretch north-south between the main road and the respective green line in the north or south.

Anyone who lives in Rudow enjoys the contrast between the cityscape and rural idyll, and finally the transition to the fields of Brandenburg. It would be exaggerated to use the attribute village character when it comes to Rudow, it gives rather a small town impression.

As a historical anecdote: Rudow was also the location where the CIA started "Operation Gold" in 1954 tapping a telecomunications cable of the Red Army from Berlin to their headquarters in Wünsdorf outside Berlin. Read more here if you want to know the outcome: Operation Gold 
 Rudow is part of the Berlin borough of Neukölln.
 
Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE

It is mainly made up by the postcode 12355 at rent level tier 6 of 8:  


Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE
Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE
We currently are offering an investment property in the 12355 post code area. This area will strongly benefit from the eventual opening of the new Berlin Airport BER without being affected by its flight paths. The location is to the north of the airport while the flightpaths are in east-west orientation. Please contact us for more detailed information using http://www.berlin-portfolio.com/feedback.html



To download the full Housing Market Report Berlin 2017 please leave your email, you will receive it immediately.

Wednesday, 6 September 2017

Berlin Lichterfelde and Its Property Outlook 2018

Like many boroughs around the centre of Berlin, Lichterfelde only became part of "Greater Berlin" in 1920 to join the district of Steglitz which recently was joined with the district of Zehlendorf to form the new borough of Steglitz-Zehlendorf.

But even Lichterfelde was made up of smaller parts from Dahlem, the home of Berlin's Free University, to Lichterfelde West with Villas and the Klinikum Benjamin Franklin, the Berlin Botanical Garden and the former US Allied McNair Barracks, and to Lichterfelde Ost with more simple residential areas.
All these areas have kept their individuality with distinct local centres for schools, doctors, shopping and services which provide a focal point for identification with the immediate environment, called "Kiez" in German.
Von Alexrk2 - own work, using OpenStreetMap data, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=21950816
 Looking at the housing market for the area it reflects the diversity of its history. It covers many of the various rent levels with Lichterfelde's corner of Dahlem and Lichterfelde-West being in the second tier and the rest in tiers four and five out of eight.

Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE
The rent levels are shown in this table of Housing Market Data provided in the Housing Market Report 2017.
Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE

We currently are offering an investment property in the 12209 post code area. This area will strongly benefit from the eventual opening of the new Berlin Airport BER without being affected by its flight paths. The location is to the north of the airport while the flightpaths are in east-west orientation. Please contact us for more detailed information using http://www.berlin-portfolio.com/feedback.html



To download the full Housing Market Report Berlin 2017 please leave your email, you will receive it immediately.

Thursday, 2 February 2017

Berlin Mitte in the Housing Market Report Berlin 2017



The borough or district of “Mitte“ in its current form was shaped by the administrative reform of 2001. It is made up by three former independent districts. “Mitte” which is the historic origin of Berlin, government and cultural centre and part of former East Berlin, Wedding and Tiergarten which were previously part of West Berlin. Especially Berliners will still make this differentiation, especially when looking for a new home. Just comparing the average rents, the old boundaries are still visible but so is the push of higher rents from the centre out (on the right in the map below).

Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE
Mitte has the areas with the highest rents in the city. The basic rent or net rent (excluding utilities and heating) in the top market segment is in the postcode area 10117 around Friedrichstrasse at 20.87 €/m²/month and the highest average rent in the top market segment in the 10178 postcode area at 13.80 €/m²/month.


At the same time the postcode area 10117 around “Unter den Linden” has relatively low rents at 6.02 €/m²/month in the bottom market segment which ranks only at No.119 looking at the entire city.

The table below shows the full coverage of the district. It also provides detailed information of the income structure (purchasing power) of the households in relation to the average housing cost in the area including ancillary costs (heating and utilities etc.) paid to the landlord. Directly paid cost like electricity, telephone etc. are not included.

Source: Housing Market Report Berlin 2017 with Housing Cost Atlas, BerlinHyp + CBRE


To download the full Housing Market Report Berlin 2017 please leave your email, you will receive it immediately.

Tuesday, 24 January 2017

Distribution of the international population of #Berlin by nationality and district

Distribution of the international population of Berlin by nationality and district



Foreign population of Berlin

  • People from about 190 countries call Berlin home and make this city a truly international metropolis.
  • In 2015, 114,000 persons came to Berlin from abroad, about a quarter of which have Syrian nationality.
  • The share of people from foreign countries in the total population is 17.2 percent.
  • Berlin is a cosmopolitan city with international educational and cultural institutions.
  • Workers from western European industrial nations and the states of central and eastern Europe are migrating to Berlin.
 http://www.businesslocationcenter.de/en/business-location/business-location/economic-data/demographic-data

Friday, 12 February 2016

A Temperature Map of Berlin Property Prices by Postcode

The weekly business magazine Wirtschaftswoche has published a map taking the price "temperature" of differen areas in Berlin. Their article in German highlights where they think it is stil worth while investing.
http://www.wiwo.de/finanzen/immobilien/immobilien-wo-der-kauf-noch-lohnt/12949368.html#
 and at this link they offer interactive maps
http://www.wiwo.de/my/finanzen/immobilien/kaufpreise-und-mieten-alle-wohnlagen-von-berlin-hamburg-muenchen-und-co-im-interaktiven-vergleich/12914428.html

It is part of their premium subscription but a free trial is available.





A Temperature Map of Berlin Property Prices by Postcode

For support in property search and assessment in the Berlin Property Market please contact us directly: Contact form

Tuesday, 10 March 2015

The New Lifestyle Center of Berlin-Mitte


Chausseestrasse at the north end of Friedrichstrasse in Berlin-Mitte is the new Lifestyle Center of the city.


The immediate environment is developing fast. Every visit brings new discoveries, a new espresso bar, a new restaurant, a hidden away well-established restaurant or the new bio-supermarket. There are attractions like the climbing garden “Mountmitte", the Natural History Museum and others at nearby Invalidenstrasse. For art lovers, the contemporary arts gallery at the “Hamburger Bahnhof” – is within a few minutes walking distance.
Looking at an aerial view, the amount of interspersed green areas become apparent. Bigger parks like Humboldhain or Tiergarten are within comfortable jogging distance. Pankepark and the Park am Hauptbahnhof (currently under development) surround the vicinity of  Chaussestrasse.


The company offices, some of them Germany headquarters, and federal ministries in the area are numerous. A few examples: Deutsche Bahn AG (3,000 office jobs), Vattenfall, Total, Bayer-Schering Pharma, Charité (University Hospital w. 3,800 doctors and scientists).  Federal Ministry (FM) of Transport, Building and Urban Development, FM of Economics and Technology, FM of Education
 

Currently there are several interesting property developments in construction or planned. There is "The Mile", "The Garden Living" and of course Daniel Liebeskind’s prestigious "Sapphire" project, with still more opportunities to come. For an interested buyer, especially living far away, it is a tedious task to follow all the developments, get brochures from all kind of agents and developers and at the same time know what is real and what is "pie in the sky" and might never be built. To help in those situations, there is a service available which provides an independent one-stop-shop for luxury condos in Berlin, especially in the central areas.



Luxury Condos in Berlin
Sign up for information updates at condos.city-of-berlin.com

.