About the Author
Alexander Korte is a German Real Estate professional and owner of Berlin Real Estate Investment. His focus is on investment property & luxury homes.
Search Results for: mitte berlin
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Friedrichshain Developers new Darling?
While Berlin Mitte and Prenzlauer Berg is the main hunting area for Berlin based hotel and residential developers, Friedrichshain seems to gain traction, due to high prices and short suplly in Mitte and Prenzlauer Berg. With prices outreaching 3500 Euro/sqm Berlin Mitte and Prenzlauer Berg is no longer suitable for “normal” families with 2 incomes [...]
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Zehlendorf Wannsee new condo project of D&H
Berlin Zehlendorf: Diamona & Harnisch (D&H) just announced a new condo project in Zehlendorf Königstrasse 40 (Wannsee) . On 9.000 sqm land 37 units in 5 new villas and a prewar villa (rehab) with a total of 4800 sqm living space will be developed.
Project start: 2011
End of project 1: End of 2011
End of project 2: [...] -
Berlin Hotel Developments: Torstrasse in Mitte sold out
Torstrasse in Berlin Mitte is what urban land planner call a “magistrale” a big trafficed street in this case 2 lanes each direction. While the real estate market in Mitte matured Torstrasse stayed unfinished until this year. Mostly all empty plots got sold.
The last undeveloped plot Torstr. 136 will host a new budget hotel starting [...] -
Berlin: Vacancy Rate on new 10 Years Low
Shortage of flats in good areas, rents grow.
Berlin runs short on rental apartments in good and very good locations.
According to the federation of the housing companies and housing cooperatives of Berlin and Brandenburg BBU the vacancy rate with in the central located districts hit the crucial bench of “below 2%”Charlottenburg (vacancy rate falls from 2,2 [...]
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Plot Kastanienallee 63 Berlin Mitte Sold
Diamona & Harnisch bought Kastanienallee 63 in Berlin Mitte in Q1-2010
today the advertising on the plot was installed.
www.kastanienallee63.com (coming soon)
The company is envolved in some of the hottest luxury residential development in Berlin:Choriner Höfe in Berlin-Mitte
Lychener Straße 53 in Berlin Prenzlauer Berg
Fichtenberg Carré
Diplomatenpark in Berlin Tiergarten
Email me if you want to buy, sell or develop [...] -
New York Times post about Brunnenstrasse Berlin Mitte
In Transit: Three Years Later, Revisiting a Berlin Art District
By KIMBERLY BRADLEY Published: March 1, 2010
Brunnenstrasse, a gallery strip in Berlin that emerged a few years ago, is still bubbling with activity. (read full article here) -
rental prices in Berlin city center climbing to unexpected hights
Berlin-Mitte and especially every location below Torstrasse is gaining momentum while locals as well as international buyers demand drive rental prices to so far unexpected hights.
Especially big flats with miore than 3 rooms, as well as flats offering barrier-free features are in high demand. TLG Immobilien a big real estate investor (strong in East Germany) [...] -
high retail rents kicks berlin top restaurants out of business
main reason for Berlin top restaurant shiro-i-shiro to close doors are rental prices in there very nice berlin location at the corner of Münzstr. and Rosa-Luxemburg-Str. in Berlin Mitte.
Read articel in German from gourmet report. -
Real Estate project development in the center of East Berlin 80% let before start
IVG Development announced yesterday the start of a new development close to Hackescher Markt and the Museums Island in the city center of Berlin (East). The project called “Hackesches Quartier” with rental floor space of 36,600 square meters of whom 80 per cent has been marketed before the start of the construction. Main renter of [...]
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Berlin Real Estate driven by Lifestyle?
If Berlin is not only an investment vehicle for you but you enjoy the lifestyle of this city, this map with cool stuff (shops) of Berlin Mitte might be something for you:
The site:
i love cool stuff
Downolad the map (direct link to the PDF, it will open in your browser) -
Berlin Real Estate Question “Will we loose money?”
This happens all day, somebody writes an email to us, after he came back from a Berlin House Hunting trip (via one of the big marketig maschines).
The situation is the following, after a presentation and the visit of two properties the people have signed a LOI and payed a Down-Payment to the agent (that they [...] -
Why Berlin-Mitte and Prenzlauerberg is a category of its own
The main fact is there was virtually no output for new residential construction in Germany in the last years.
In combination with the international demand especially in Berlin Mitte, Prenzlauerberg and Pankow there is a market shortage and the result are strong and rising prices.
New buildings sell for EUR 3000/m² and more.
Rent for a new building [...] -
Question of the Day: Is property in Berlin Mitte available?
The real question was:
While we did not see anything we liked, the area we are interested in is the Mitte. Do you have any property in this area?
The Mitte of Berlin seems to be a great location and as we all learned Locations is everything (which by the way is complete nonsense). Another thing [...] -
Celebrities invest in Berlin: “Brad and Angelina’s Berlin Love-Penthouse”
Angelina Jolie and Brad Pitt, bought a flat in Berlin. According to some rumors they now own a 600m² (6500sft) Penthouse in Berlin-Mitte. We are pretty sure the flat is all ready perfect but Lars Krückeberg, Wolfram Putz and Thomas Willemeit, from graftlab friends and architects of the couple will help to make it outstanding [...]
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real [...] -
Hackesche Hoefe
Berlin Mitte and especially the area arround Hackescher Markt (the locals call it “Scheunenviertel” or just “Mitte”) is a hot spot at the end of his lifecycle of the gentrification process, very international, high rental as well as buying prices. Some good deals available but very rare. Demand is by far outreaching supply. The area [...]
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Berlin Mitte
You can take a stroll through Mitte at almost any time of day or night. Whether shoe shops or designer stores, cafés or bars, restaurants or theatres, you will always find scene meeting-places that are open. And when it comes to nightlife entertainment, Mitte is quite clearly the No. 1 Berlin district at the moment. [...]
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Investing in a property in Berlin (Germany) is one of the most promising real estate investments in Europe today. Berlin is significantly less expensive than other European mega cities such as London, Paris or Rome.
A investment property in Berlin is unique:
the rich history of Berlin attracts millions of visitors
the location [...] -
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Alexander Korte
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