With a current population of approximately 3.8 million, Berlin is the largest—and certainly the most dynamic—housing market in Germany. For years, residential real estate prices have been rising steadily.
With a current population of around 3.8 million, Berlin is the largest—and certainly the most dynamic—housing market in Germany. Residential real estate prices have been rising steadily for years. With a vacancy rate of less than one percent, the capital is one of the most sought-after residential real estate locations in Germany, according to Berlin Hyp’s 2022 Berlin Housing Market Report. With its trendy, vibrant atmosphere, the city on the Spree is a magnet for people from all over the world, and its way of life—a blend of culture, currywurst, and the Berlin “snark”—sets it apart from the rest of the country. With 30 percent of its area consisting of green spaces, Berlin is more connected to nature than few other major cities.
While the supply of housing in these sought-after locations is correspondingly scarce, the city still offers further potential for new construction projects—whether as an investment or for owner-occupiers. As a developer, we are carrying out new developments in various districts, such as in the rapidly growing startup neighborhood of Weißensee or in Berlin-Neukölln. Sustainable construction is a central focus of all our building projects.