Selling an apartment building: Step by step

Let’s start with the most frequently asked question: “What is my apartment building worth?”. Then you will learn about all 18 steps of the sale, right up to handing over the keys in Berlin.

How much is your apartment building worth?

Small apartment buildings with 3 or 4 parties or large residential properties, with or without commercial space. There are many questions to answer. If you want to sell your apartment building, one thing is important:

A well-founded, market-oriented, realistic purchase price – the so-called market value.

How to value an apartment building

The property type determines the valuation method used to determine the market value. There are three standardized valuation methods for determining the market value of properties: the comparative value method, the asset value method and the capitalized earnings value method. Property, substance, year of construction, rental agreements, tenants and potential. We pay attention to all of these aspects when valuing apartment buildings in Berlin.

As a rule, at least two of these procedures are calculated simultaneously.

• Valuate apartment building
• Typical evaluation procedures
• Have an apartment building valued

Selling in Berlin: What to look out for?

1. Location, property prices: Buyer Target group
2. Documents: floor plans, extract from the land register, tenant lists
3. Good contacts or a good broker

Location, property prices: Buyer Target group

Berlin is special compared to other small German towns, cities and large cities. Berlin is extremelysought-after (A-location), not only by German buyers, but also abroad. Property prices are therefore so high that the expected return is rarely positive. This makes the investor target group more special.

You need to reach people who focus on long-term investments and do not need immediate cash flow.

This is why over 70% of apartment buildings in Berlin are sold with estate agents. Targeted marketing on-market and off-market, communication, credit checks, preliminary talks, documents, viewings, negotiations.

So be prepared, you are not selling a condominium with hundreds of prospective buyers, you have to address the right target group.

Documents: Floor plans, land register excerpt, tenant lists, etc.

Before the sales phase begins, you need all the relevant documents for selling your property. To cut a long story short, these are the documents you will need when selling an apartment building in Berlin:

1. Land register extract
2. Parcel map
3. Building plans and building permits
4. Refurbishment status / refurbishment backlog
5. Rental agreements
6. Tenant list
7. Operating cost statements
8. Energy certificate
9. Status report or expert opinion

Good contacts or a good broker

This brings us back to the right contacts. Apartment buildings in Berlin are usually not under 2 million euros, which requires special contacts with sufficient creditworthiness. This is precisely why over 70% of apartment buildings in Berlin are sold with estate agents.

Ultimately, it is always a personal question whether to sell, with or without an estate agent.

Anyone selling with an estate agent does not want to invest time in lengthy research, communication and negotiations. But it’s also about the selling price. If you only talk to 3 or 4 people yourself, you will be lucky to get 1 offer. Professionals use their contacts and talk to many potential buyers in order to get the best, highest offer that can be achieved in the current market situation.

Here are a few more details.

Taxes when selling in Berlin: What will you have to pay?

A very quick look at taxes when selling an apartment building in Berlin:

1. Speculation tax: sell tax-free
2. 3 objects rule in Berlin
3. Asset & share deals: only 1.54% tax

Speculation tax: selling tax-free?

The speculation period explained more quickly:

• (Exclusively owner-occupied = 3 years)
• Rented = 10 years

If you sell within the speculation period, you must – simply put – pay tax on the profits as normal, just like income from work, regardless of whether you are employed or self-employed. If you want to do a quick calculation, use my free speculation tax calculator. Once the period has expired, the sale is tax-free.

There is also the 3-object rule and, of interest to you, the difference between an asset deal and a share deal. Read more here:

• Selling an apartment building: Taxes

Real estate & tax coaching

Real estate & tax coaching from experts and investors. I am happy to bring you together with the best:

• Real estate coaching
• Real estate tax coaching
• Contact us

Here you can find more for:

• Real estate beginners

Der Beitrag Selling an apartment building in Berlin: steps, estate agents, taxes – what to look out for? erschien zuerst auf ℄ Real Estates.

Living in Charlottenburg: Attractive residential area experiences renaissance

For a long time, Berlin’s Charlottenburg district was considered underrated. In the meantime, the tide has turned. Wealthy families, entrepreneurial heirs and rich investors have now settled here. Especially the north of Charlottenburg is experiencing a true renaissance. Not only the breathtaking architecture and historical monuments characterize the cityscape, but also the unique mixture of elegant coffee houses, luxurious boutiques and awe-inspiring mansions of bygone times. Charlottenburg is now considered a real trendy district and one of Berlin’s most popular neighbourhoods.

Welcome to Berlin: Capital of Germany

Berlin is considered an international fashion, art and culture metropolis. Moving to Berlin sounds appealing and offers quite a few new possibilities and opportunities. The capital of Germany is a breathtaking city in every respect. Whether shopping on Kurfürstendamm, sightseeing at the Brandenburg Gate or tracing history in Berlin’s many museums. Its historical value is also unsurpassable. Berlin really has it all!

Charlottenburg: Map & Location

Centrally located in the west of Berlin is the popular Charlottenburg district. The sought-after residential areas of Wilmersdorf, Schöneberg and Kreuzberg are also nearby. Further west on the banks of the Havel is Grunewald. And Schmargendorf, Dahlem & Co. are not far away either.

Sights: Palace, Museum & the famous Savignyplatz

Charlottenburg inspires not only with its unique architecture and high standard of living, but also with its multitude of historical monuments and sights. With the Kurfürstendamm, one of the most famous shopping streets in Europe is also at home here. And while Charlottenburg Palace invites you to spend a relaxing afternoon in the footsteps of German history, the multitude of museums, operas and theatres will delight young and old alike.

The most popular sights in Charlottenburg:

• Charlottenburg Palace
• Kurfürstendamm
• Museum Berggruen
• Käthe Kollwitz Museum
• German Opera Berlin
• Theatre of the West
• Savignyplatz

Celebrity neighbours: Jürgen Vogel, Till Brönner and Kai Wiesinger

Charlottenburg and especially Charlottenburg-Wilmersdorf are especially popular with German celebrities. Comedian Jürgen Vogel, musician Till Brönner and the German actors David Kross, Kai Wiesinger and Stefan Jürgens are at home here.

If you live in Charlottenburg, you can count on these prominent neighbors:

• Jürgen Vogel
• Tim Oliver Schultz
• Till Brönner
• David Kross
• Kai Wiesinger
• Natalia Avelon
• Stefan Jürgens
• Heiko Maas

Sightseeing: A tour of Charlottenburg

Charlottenburg Palace, Savignyplatz, Schlossstraße & Co. – Charlottenburg has so much to offer! So join us on our tour through the trendy district.

Savignyplatz: Cosy cafés and exclusive boutiques

Spandauer Damm: On the way to Charlottenburg Palace

Schlossstraße: Apartment building, flat & Co. in the centre of the district

Real estate & prices per square metre in Charlottenburg

Apartments are particularly popular in Charlottenburg. Spacious maisonette, exclusive loft or renovated old building apartment – everyone feels at home in Charlottenburg. As a result, the district is experiencing a real renaissance. This is also reflected in the apartment prices. If you want to invest in a property as a capital investment, you can expect prices per square metre of between 5,000 and 8,000 euros. It is much more expensive in the vicinity of Kurfürstendamm and Savignyplatz. Here it can cost up to 10,000 per square metre.

Reading tip: Berlin – The most expensive streets

Here is an overview of the prices per square metre:

• Buy apartment (existing): 5,281 €/m²
• Buy apartment (New): 7.850 €/m²

Conclusion: Living in Charlottenburg

Living and residing in Berlin – more precisely: in Berlin-Charlottenburg! The quality of life is high, the real estate market is booming and the colourful big city life is not far away. Charlottenburg is charming and delights young and old with its unique flair. The most affordable areas here are on the south side of the river. In the north, however, it is already quite expensive. You want to buy a property in the extravagant Charlottenburg? Then contact the real estate agent you trust. Not only will you benefit from your agent’s many years of experience and expertise in the off market, but you can also enjoy the process of buying your new property stress-free. What’s more, investing in Charlottenburg real estate is well worth it. Because residences in Berlin are in demand. So you can sell your existing property after successful renovation by craftsmen, architect & Co. lucratively. No matter what type of house or apartment it is, if you want to sell your property in Berlin, your chances are good to make a real profit.

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Berlin real estate market: Overview

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

• Real Estate Berlin

Living in Berlin: Popular residential areas

We present the most beautiful districts of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.

• Grunewald
• Charlottenburg
• Zoo
• Dahlem
• Schmargendorf
• Prenzlauer Berg
• Kreuzberg
• Kurfürstendamm

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

• Pankow
• Charlottenburg
• Wilmersdorf
• Friedrichshain-Kreuzberg
• Prenzlauer Berg
• Kreuzberg
• Wannsee
• Steglitz
• Schöneberg

Der Beitrag Living in Charlottenburg (Berlin): Real estate as an investment – tour, tips and prices per square meter for house & apartment erschien zuerst auf ℄ Real Estates.

Land sale Berlin: Learn the procedure

There are various factors that influence the value of a plot of land, depending on whether it is a meadow or forest plot, agricultural land, raw building land, land awaiting construction or building land. On the one hand, of course, the intended use of the land, the possibilities of building on it and, of course, one of the central value factors: the location of your land. Regardless of whether it is a building plot, land for construction, forest land or agricultural land in the Berlin area, the same questions always arise for sellers and property owners!

This is where our guide or guidebook comes in, which brings the sale of land, including the valuation of the land, piece by piece closer.

The right time: credit pressure, old age, inheritance

As different as the reasons are, the process of selling real estate is always relatively the same. Broadly speaking, it involves 3 phases: 1) the preparation for the sale of the property, 2) the marketing phase and 3) the completion of the sale.

Reasons for selling a property are many and varied. As mentioned above, it can be a sudden inheritance and confronting a property that may not even be in your immediate area. Even if it is right next door, what do you do with that property? Apart from inheritance, there are of course many other reasons, for example financial pressure due to existing loans, as well as old age.

Either way: Timing is key so there is no pressure to sell. Ideally, you inform yourself now because you want to sell in 3 or 4 months. If you need to sell sooner, it is advisable to approach domestic investors, foreign investors, institutions, construction companies directly through experts in off market trading. More on this later.

Advantage Berlin: Hype of the city

Berlin attracts investors like no other city in Europe. Berlin is located in the middle of the many countries that are part of the European Union. Berlin is also relatively central in Germany and is easily accessible from cities like Munich, Hamburg and Cologne, by car, train and plane. As the capital city, it is not only interesting for tourists and business, the country’s major politics are also at home here. You see: Many, different target groups!

This in turn supports the sale. Sell in districts such as Schöneberg and Wannsee or in trendy neighbourhoods such as Kreuzberg, Friedrichshain and classy districts such as Grunewald and Weißensee.

Sale in 3 phases: Preparation, marketing and closing of the sale

You may have already read about these 3 phases, with their individual steps, in our guide to selling property.

This additional guide to selling land in Berlin is specifically for those selling their first property. In addition to the phases, we also take a look at the property valuation (location, layout, size, development, etc.), the general and more specific documents and records needed for the sale and … but let’s start at step 1:

The preparation of the sale

Prepare land sale: Planning and strategy

The preparation phase is concerned with strategic planning, as with the sale of an apartment or house. The preparation phase is crucial for the success of the sale, here it is about the right timing, the selection of the right broker (for the right target group, as mentioned above), important documents and records for the sale, from which ultimately the offer price (land value) is calculated. No matter whether building plot, forest, field or acre.

Berlin is a sought-after place. At the same time, as a (first-time) seller, you can make an extremely large number of mistakes that ultimately cost you a lot of money. A loss of only 15% on a property worth 5,000,000 euros can result in a loss of 750,000 euros. And we are not even talking about properties in Berlin Mitte. You can achieve such prices in Berlin Pankow, for example.

But back to step 1 in the preparation:

1. Set time schedule
2. Make an appointment with a real estate agent
3. Collect documents
4. Prepare property
5. Determinequotation price
6. Create exposé

Timing and broker selection

First of all there is the time planning. For the sale of a property you should calculate with at least 3 months, from the first thought to the notary appointment and transfer of the purchase price. Of course, it can go faster (the mentioned, direct and discreet investor approach in the off market area), but we want to give a general overview here!

At least 3 months time, until the sale, does not mean that it is also sold after three months. Here, above all, the decision for the right real estate agent plays a role, as well as the valuation of the property. If the valuation is set too high, you will lose interested parties for your property offer – even in Berlin!

Generally speaking, selling under time pressure is never a good option.

Real estate prices in this country are relatively high and stable in almost all locations, after all, it is one of the strongest real estate markets in the world. Berlin in particular has been experiencing a boom for a long time. Square meter prices in Berlin are rising, even though the city government is fighting against it. Measures against “speculators” (investors) are, for example, the Mietpreisbremse (albeit recently overturned), ordinances on renovation and modernization, conversion of rental housing to condominiums, etc.

Berlin: Price development (comparison)

The goal of most investors: to develop land. That means: the more residential units, the more buildable floor space, the better. This is also evident when looking at the price being asked for a square metre of condominiums in Berlin.

The development of asking prices for condominiums in Berlin, from 2012 to the 1st quarter of 2021 are enormous. Here is an insight into the average price, in euros per square metre.

• 2012 (Q1): 1,671 Euro / m²
• 2015 (Q1): 2.321 Euro / m² (+ 38.9%)
• 2017 (Q1): 3.154 Euro / m² (+ 35.9%)
• 2019 (Q1): 3,897 euros / m² (+ 23.5%)
• 2021 (Q1): 4,781 Euro / m² (+ 22.6%)

From 1st quarter 2012 to 1st quarter 2021, a total increase of + 168.1 %.

Sell land privately?

From my experience without expertise through previous sales, a real experiment and venture, where many mistakes can arise in the sale of property. Often it is then recommended to accept the help of the real estate lawyer, because he knows better with the tax savings in the sale of real estate, finances & Co.

If you’re interested in the dangers that can happen from selling property privately, here’s our list of the typical, 15 mistakes when selling real estate. Condo, house, apartment building, land:

• Mistakes in the sale of real estate

So let’s summarize briefly: If you sell off market to well connected brokers, it can be very quick, sometimes under 30 days to transaction, thanks to targeting investors in the internal network. When selling via real estate portals, it’s more like 3 months and a lot of communication with private individuals, plus credit checks, etc.

After scheduling and choosing a good real estate agent, move on to the documents and paperwork they will need for the property sale.

Documents and records for the sale of land

The documents are prepared early, because they also serve for the valuation of the property, we will come to that in a moment.

Reading Tip: Selling Property: Documents

As a rule, before you sell a property, you need the following documents:

1. Cadastral map or real estate map from the cadastral office
2. Development plan
3. Land register extract Land registry
4. Land use plan
5. Preliminary building application
6. Information on building encumbrances
7. Development proofs
8. Notice of land tax

Prepare the land? Shouldn’t the next step be the property valuation and the offer price? No, because by no beauty corrections the price can be corrected often still a little upward. No picture has been taken yet, no exposé and no investor has been approached.

Increase in value before property valuation

Here is a small example from practice: When I speak with my investors, these are usually larger companies, institutions or family offices. Accordingly, a person is quickly sent from somewhere in the country, who quickly makes an overview of the property, live on site. Just like that, quickly by car, a few meters on foot.

For the exposé, for the valuation but also for such spontaneous viewings, it is worth taking a look at ways in which you can still increase the value of your property. From simple “beauty corrections” to preparatory measures for further development.

In our example from practice it was about a property from Berlin. Who knows Berlin knows that empty properties, without security measures, are quickly littered. If even apartment buildings in Berlin are occupied, then no properties are safe.

It’s just little things, but just as an increase in the value of the property, through small beauty corrections or renovations is achievable, can also optimize properties before the property photos, before the valuation, before the first visits. Thus the value can be increased with the property sale, in which you for reorganization work a craftsman, or for small rebuilding measures an architect in Berlin to rate pull. It is not about 5%, 10% increase in value, but even an increase in value of 1%, 2%, makes a property of 1 million market value already a significant proportion, which you can pocket as a seller profitable for themselves.

Offer price: Determine property value (valuation)

The valuation of a plot of land is subject to various factors, just like the valuation of any property. The following factors, among others, are decisive for the valuation of land.

First, as with any property, is location.

Location, location, location … also for Berlin properties

This is also about the development and transport links. The next factor in land valuation is the size of the plot. But size is not everything, the layout also plays a role. In addition to size and layout, there is of course also the development, soil condition, standard ground value, as well as possible contaminated sites and third-party rights.

Exact details should always be discussed and worked out in cooperation with your advisor (broker).

In addition to the location and size, of course, it becomes much more specific: Are we talking about building land, are we talking about soil samples, are we talking about forest land, then also climatic changes, to agricultural land and so on. The land valuation is therefore not as easy to summarize as the apartment valuation or the house valuation.

Value factors: checklist

The factors are important for the evaluation:

• Location of the property
• Size and cut
• Development of the area
• Soil composition
• Degree of development or buildability
• Legacy
• Third-party rights
• Ground value

Property types

In addition, depending on the property, still value factors in the area of the development. Depending on which possibilities are available for the construction.

• Forest or meadow land; if necessary, no construction is allowed
• Land awaiting construction; may be built on in the foreseeable future
• Undeveloped land; land not yet developed
• Building land; development possible within the framework of the development plan

Preparation for the sale of land – Conclusion

Here is a summary of the individual steps. A simple checklist, consisting of 6 key points, which will bring you closer to the process of selling a property.

1. Timing
2. Broker appointment
3. Documents
4. Prepare property
5. Offer price
6. Exposé

When it comes to property valuation, there are a number of factors that come into play. The complexity of each individual property valuation, we can not convey in this general guide, but we can give you this tip, ask yourself the following questions:

• What type of land are you selling? Is it a building plot, a forest plot, agricultural land,…
• How big is your property?
• What type of use is intended for your property?
• How can your plot be built on? This means building footprint (BGF) and house type and / or apartment type
• What are the transport links to the location of your property?

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Berlin real estate market: overview

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

• Real Estate Berlin

Living in Berlin: Popular residential areas

We present the most beautiful districts of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.

• Grunewald
• Charlottenburg
• Zoo
• Dahlem
• Schmargendorf
• Prenzlauer Berg
• Kreuzberg
• Kurfürstendamm

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

• Pankow
• Charlottenburg
• Wilmersdorf
• Friedrichshain-Kreuzberg
• Prenzlauer Berg
• Kreuzberg
• Wannsee
• Steglitz
• Schöneberg

Der Beitrag Sell land Berlin: building land, arable land, forest & meadow – how it works erschien zuerst auf ℄ Real Estates.

Living on Kurfürstendamm: An attractive place to live in Berlin

Kurfürstendamm is considered one of the most historic streets in Germany. Everyone feels at home here – from curious tourists to families with children to Germany’s most famous faces from film, television, musk and sport. The Kurfürstendamm not only inspires with its prime location, but also with the multitude of top-class boutiques and the excellent gastronomy. The popularity of this residential location can also be seen in the rising prices per square metre. More about how the most expensive apartment in Berlin was sold here at over 8 million euros later.

Welcome to the heart of Charlottenburg

Berlin’s legendary Kurfürstendamm is located in the middle of the trendy district of Charlottenburg-Wilmersdorf. It is not only home to Berlin’s most exclusive shops and famous restaurants, but also to the sought-after residential areas of Halensee, Grunewald, Charlottenburg, Wilmersdorf and Schmargendorf. It is not only the excellent infrastructure that makes Charlottenburg one of the most attractive places to live in the city, but also the large number of opera houses, theatres, sights and cultural institutions. The well-kept green spaces and parks also contribute to the flair of the residential area. The popular districts of Schöneberg, Pankow and Prenzlauer Berg are also not far away by car.

Here is the location of Charlottenburg:

Kudamm: Map & Location

One of Berlin’s most famous streets, Kurfürstendamm (or Kudamm, as it is often affectionately known) connects the two districts of Charlottenburg and Grunewald. The variety of shops, cafés, restaurants and attractions delight residents and tourists alike, while the local zoo invites you to spend a relaxing afternoon away from the hustle and bustle of the city.

Infrastructure: Bus, train & Co.

The German capital Berlin has one of the best infrastructures in Germany. In addition to the local Berlin airport, there are also a variety of subway stations, buses and taxis. Thus, the Kurfürstendamm and the nearby surroundings are easily accessible by public transport.

Sightseeing: Tour of the Kurfürstendamm

Fancy a little sightseeing? Due to the good infrastructure of Berlin, the Kurfürstendamm is not only easy to reach by car, but also by public transport, such as bus and train. You can also take a taxi to get from A to B in a relaxed manner, and you are already well prepared for a day at the Kudamm on foot. All the important shops, stores, restaurants and offices can be reached on foot in less than an hour. In comparison, it only takes 8 minutes by car.

Café Kranzler at the underground station Kurfürstendamm

Before you set off on a stroll through the shopping street, it’s worth stopping by one of the many famous coffee houses. How fitting that the famous Café Kranzler is located right at the Kurfürstendamm subway station and at the beginning of the historic street! This coffee house is particularly popular with tourists, residents and German celebrities from film and television. The biggest sights of the street are also not far away here!

Hermés, Chanel, Louis Vuitton & Co: Exclusive boutiques for him and her

After some time you will notice: The international fashion world is also at home on Kurfürstendamm! From Valentino’s haute couture to Gucci’s prêt-à-porter, the biggest brands in Europe, America and Asia are represented here.

See more here in Streetview:

Real estate & prices per square metre on Kurfürstendamm

More and more people are drawn to the vicinity of the Kudamm. This is also reflected in the purchase prices and so there is no end in sight to the steady rise in prices in the near future. While apartments directly on Kurfürstendamm with a view of the Berlin skyline are the most sought-after, it is mainly families and couples who are drawn to the houses and villas slightly off the street.

Exclusive real estate designed by Christoph Mäckler, Helmut Jahn & Co.

If you choose a property on Kurfürstendamm, you can look forward not only to a fabulous view, but also to architectural masterpieces in a class of their own! At Kurfürstendamm old meets new and so you can find not only modern new buildings, but also breathtaking mansions of past years. Among the most popular buildings are the Kranzler-Eck on the corner of Joachimsthaler Straße, designed by the famous German architect Helmut Jahn at the turn of the century, as well as the Zoofenster – a high-rise building and hotel designed by Christoph Mäckler, which opened in 2012. Haus Cumberland is also nearby – a listed building that now serves as a commercial and residential building.

Modern and historical architecture meet at Kurfürstendamm!

See here the Kranzler-Eck designed by Helmut Jahn:

Prices per square metre for apartment, house & land: buy and rent

Since Charlottenburg is more densely populated compared to Berlin’s villa districts, such as Weißensee, it is mainly apartments for sale and rent that can be found here. From spacious lofts to exclusive apartments in old buildings – all types of houses and apartments are very popular on Kurfürstendamm. Prices per square metre for apartments here are just under 4,900 euros per square metre. The square metre prices for city villas & co. are somewhat expensive at 5,400 euros per square metre, but also offer far more space and privacy.

Reading tip: Prices per square metre in Berlin: buying & renting real estate

You are not yet sure whether you want to buy a property and prefer to rent an apartment or a house first? You can currently expect prices per square metre of between €9 and €24.

Here are all the figures at a glance:

• Buy a house: 5.400 €/m²
• Buy apartment: 4.900 €/m²
• Rent property: 8-24 €/m²

Spacious apartments in particular enjoy great popularity on Kurfürstendamm:

Apartment sold for 8.5 million euros: Luxury real estate on Kurfürstendamm

The real estate landscape of the Kudamm regularly breaks records. Did you know that the most expensive new apartment in the city was sold here? For a whole 18,200 euros per square metre, one of Charlottenburg’s most exclusive properties thus changed hands. This example shows:

The Berlin real estate market is booming!

And rightly so. After all, Kurfürstendamm is not only centrally located and offers plenty of variety. The Berlin shopping street is also considered one of the safest areas of the city, attracting more and more entrepreneurs, investors, families and singles.

Conclusion: Living & Housing on the Kudamm

So you are drawn to the capital of Germany? You want to live in Berlin and preferably centrally? Located in the popular districts of Charlottenburg and Grunewald, Kurfürstendamm has a lot to offer. It is considered a safe place to live with very good connections to schools, hospitals and cultural institutions. The variety of coffee houses, restaurants and boutiques allow for a varied everyday life and the very good location allows to participate in the colorful city life, while the many green spaces invite you to relax. Admittedly: The prices per square metre here are a little higher than in other parts of the city, but the many advantages of living on Kurfürstendamm are all worth it!

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Berlin real estate market: Overview

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

• Real Estate Berlin

Living in Berlin: Popular residential areas

We present the most beautiful districts of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.

• Grunewald
• Charlottenburg
• Zoo
• Dahlem
• Schmargendorf
• Prenzlauer Berg
• Kreuzberg
• Kurfürstendamm

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

• Pankow
• Charlottenburg
• Wilmersdorf
• Friedrichshain-Kreuzberg
• Prenzlauer Berg
• Kreuzberg
• Wannsee
• Steglitz
• Schöneberg

Der Beitrag Living on Kurfürstendamm (Berlin): Buy & rent property in Charlottenburg – Viewing, price per square metre & Co. erschien zuerst auf ℄ Real Estates.

Berlin-Charlottenburg: Trendy district in the west of the city

Berlin is not only one of the economically strongest cities in the country, but also an attractive place to live for entrepreneurs, families and students. The standard of living is high, the infrastructure good and the cityscape diverse. As a metropolis of art and culture, Germany’s capital has a lot to offer: From historical monuments to green national parks and exciting museums. It never gets boring here. The colourful city life, the growing job market and the cultural diversity make the historical stronghold of Berlin one of the most popular cities in Europe. And this is also reflected in the real estate market.

Berlin-Charlottenburg: Facts and Figures

With an area of 10.6 km², the trendy district of Charlottenburg is home to around 130,223 inhabitants. The district of Charlottenburg is far more densely populated than the villa suburbs of Berlin Wannsee and Weißensee, and yet between all the houses can be found a variety of green spaces and parks. Cultural institutions, the Charlottenburg Palace, as well as the local opera and theater house also contribute to the flair of the place of residence.

• Area 10,6 km²
• Population 130,223 (Jun 30, 2019).
• Population density 12,285 inhabitants/km²

District: map and location

The popular district of Charlottenburg is located in the west of the city near Wilmersdorf, Schöneberg and Kreuzberg. Berlin Mitte with its variety of shops, restaurants and sights is also not far away.

Sell real estate: Apartment, house, apartment building

So you want to sell your property in Berlin-Prenzlauer Berg? In order to present your property as professionally as possible, it is advisable to call on the expertise of an experienced real estate agent. After all, a property sale always involves a lot of planning and time, and not only you but also your buyer are interested in a quick and efficient transaction. Especially with regard to the different types of houses and apartments, the respective sales processes differ.

Whether villa, maisonette or bungalow – here you will find all the advice and tips at a glance:

• Sell apartment
• Sell house
• Sell apartment house
• Sell land
• Overview: Sell real estate

Before selling, you should first value your property:

Real estate valuation: Valuation for the sale of real estate

You want to buy a property and are now in a hurry with your current property sale? Or are you planning to buy an apartment building to then rent it out lucratively? Whatever the reason for your move, selling real estate always involves a lot of planning and time. Determining the purchase price is one of the most important steps in selling real estate, and even under time constraints, mistakes here should be avoided at all costs. After all, if the value of your property is within the right range, this will generate a high demand. However, if you have chosen the wrong purchase price, this can not only delay the sale, but also scare off prospective buyers or cost you money in the end. So don’t give away any money here!

If the value of your property is within the right range, this generates high demand. If the purchase price is too high, prospective buyers can be scared away.

Learn more here:

• Rate apartment
• Rate house
• Rate apartment house
• Valuing property
• Overview: Valuing real estate

Selling in Berlin-Charlottenburg! Broker tips

For sellers, the real estate market is currently particularly favorable. This is because demand for houses and condominiums has reached a record level.

Charlottenburg is a mirror of Berlin’s history. In the 1920s, Kurfürstendamm was known for the most exciting big city life in Europe. War and the Berlin Wall put a veil over the district, and the glamour faded. Anyone walking through the district today will quickly notice: Charlottenburg is back. More modern, more chic, more international. The City-West is Triple-A again.

Real estate prices at a high level: the right time

Selling property in Berlin – Is now the right time? Whether Charlottenburg, Wannsee or Grunewald: We save you a lot of time and stress and you can count on higher sales proceeds. There are several reasons why real estate is currently in such high demand. The first reason is the low interest rates, which makes financing attractive for potential home buyers. In addition, there are more and more investors who take advantage of the low interest rates and invest in real estate.

Apartment, apartment building, land – Sell your real estate now!

Another reason why now is a good time to sell your property is the increasing shortage of housing in large cities. The demand for real estate in urban areas is currently very high. This is because more and more people are moving their jobs to cities. In addition, the influx from abroad is currently particularly high due to the shortage of skilled workers in some industries. Single households are therefore in high demand, which is why it is worth selling smaller apartments in cities.

Here are again reasons for a real estate sale summarized:

• Low interest rates, make a potential home purchase attractive
• Rising housing shortage in major cities
• Inward migration from home and abroad
• Buying a flat is worthwhile within the cities

Property valuation: factors determine purchase price

How much is your property worth? Unfortunately, the forecasts do not really reveal whether the demand for a home in cities will continue in the future. In any case, the fact is that now is a good time to sell a condominium or apartment building.

The decisive factor is: location, location, location

In preferred locations such as Savignyplatz, a condominium can command up to €1 million. Around Kurfürstendamm, prices have risen by leaps and bounds over the past year and a half. But apart from the location, there are a lot of other factors that influence the value of the property. These include infrastructure, cultural offerings in the area, furnishings and year of construction.

The most important factors in real estate valuation include:

• Surroundings
• Infrastructure
• Proximity to schools, hospitals and cultural activities
• Year of manufacture
• Equipment

Review by reviewers & experts:

Purchase price: apartment, house & apartment building

According to the current property market in Berlin-Charlottenburg, the sale of new-build houses is particularly profitable. This is because at present a house that is no more than three years old costs on average around €7,040 per square metre.

Selling price 7,040 Euro / m² on average

For older houses with normal equipment is paid about 100 euros / m² less.

You can even ask a little more for a newly built apartment. On average, such an apartment in Berlin-Charlottenburg costs €8,580 per square metre.

Condominiums older than three years are selling for an average of 5,281 euros/m². An examination of prices for existing apartments shows a sharp increase of 6.3% across all locations.

All prices at a glance:

• House younger than 3 years: 7,040 euros / m² on average
• House older than 3 years: 6.900 Euro / m² on average
• Condominium older than 3 years: 5,281 euros/m² on average

Average rent: apartment and house

Are you considering buying an apartment building after your estate sale and then renting it out? A very good decision! In the north of Charlottenburg, beyond the main traffic axis Otto-Suhr-Allee, a mix of residential and commercial characterises the cityscape. Purchase prices and rents are significantly lower than on the south side of the river, and rents in Charlottenburg are still cheaper than in the city’s trendy districts, such as Schöneberg, Pankow and Steglitz. In existing properties, the average is €10.77 per square metre, in new buildings €13.07.

Here are the rental prices in Charlottenburg:

• Existing properties: 10.77 euros/m² on average
• New buildings: 13.07 euros/m² on average

Private sale vs. real estate sale through an agency

Whether Charlottenburg, Wannsee or Kreuzberg – the advantages and disadvantages of a private property sale always remain the same. If you want to sell your property on your own, you should prepare yourself well. Because only those who are familiar with this business will achieve a good price and not fall into any legal stumbling blocks.

Sale of apartment, house and land: documents

Start the house sale by collecting important documents, such as a floor plan, a site plan, a current extract from the land register, a living space calculation and any rental agreements if the property is rented. You should also compile a utility bill and, if necessary, have the certificate of inheritance to hand.

Key documents include:

• Floor plan
• Site plan
• Land register excerpt
• Living space accounting
• Possible rental agreements
• Service charge settlement
• If required: certificate of inheritance

Procedure: From the exposé to the purchase contract

Also think about the ideal sales price and the lowest pain threshold. Take photos of the property and write an exposé to post this information on real estate platforms and advertise it in regional ads. Only then follow up with further steps. Regarding the selling price, it is always advisable to seek the opinion of an expert. Experts can determine the value of your property quite accurately.

Tip: Always have your property professionally appraised

More facts & figures?

• Berlin: Rent, Buy, Live – Statistics
• Real estate statistics – Germany

Statistics: Buying an apartment without an estate agent in German cities – comparison

You want to buy an apartment building, a flat or a plot of land? Without a real estate agent, the whole thing turns out to be much more difficult than you thought. After all, experienced real estate agents are not only familiar with the housing market, but also with the topics of finance and taxes.

See here the share of condominiums advertised by real estate agents in 2016. The Germany-wide comparison shows: Buying an apartment without an estate agent is not possible, but it is still more difficult than buying with an estate agent:

• Berlin: 78.6%
• Düsseldorf: 76.0%
• Hamburg: 65.1%
• Cologne: 63.0%

Tasks of an estate agent: valuation, viewing appointments & Co.

A real estate agency will be happy to estimate the value of your condo or house if you hire an agent to sell your property. Once your property is advertised, you should prepare for the viewing appointments, in other words, sales meetings. Be prepared for the fact that any buyer will try to push you down on price. So you need good arguments to counteract this. Or you can hire an experienced professional to support you.

Real estate agent Charlottenburg: Advantages

Your real estate agent in Charlottenburg will not only make your sale easier and as stress-free as possible, but will also obtain the best selling price and complete the sale as quickly as possible.

Here is a summary of all the advantages:

1. Security – Real estate agents care about everything from giving you a free appraisal of your property to checking your credit score.
2. Time saving – Through regular customers and presence in digital media your property will be sold faster.
3. Good selling price – With knowledge of buyers and the market, an expert will achieve a good selling price.

Selling a house: 12 steps checklist

The process of selling real estate always varies depending on the type of house and apartment, but in general any sale always follows the same procedure. Spacious old building apartment in Charlottenburg, modern apartment building in Kreuzberg or luxurious detached house in Prenzlauer Berg. With this checklist, you are well prepared for any real estate sale.

Home selling checklist: 12 steps for selling houses and apartments:

1. Realistic time planning and considered strategy for the sales phase
2. Sale with or without a broker?
3. Do you have all the documents for the sale?
4. Is your property ready for sale?
5. Is the sales price you have set realistic?
   … now it goes into the sales phase
6. Plan marketing strategy for the property and place targeted advertisements
7. Establish contact with interested parties and prepare for questions
8. Prepare for questions and establish contact with interested parties
9. Arrange and carry out viewing appointments and market the property convincingly
10. Sales talks with interested parties and checking of creditworthiness
    … now comes the sales processing
11. Draw up purchase contract and prepare for signature
12. Appointment for notarization at the notary and handover to the new owner

Conclusion: Sale in Berlin-Charlottenburg

If you’ve been thinking about selling your property for a while, now is a great time to do it. Demand has never been higher! The facts and figures confirm that you can now achieve a very good selling price, higher than perhaps previously thought.

Good reasons why Charlottenburg is especially popular with young families and older people:

• In contrast to other residential areas in Berlin very quiet
• Nevertheless in no time at all in the city centre
• Proximity to nature and parks

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Living in Berlin

In Berlin, city districts are called Kiez. We present the most beautiful neighborhoods of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which neighborhoods are best suited to invest in a property as an investment. We present you here the most popular residential areas.

• Living in Berlin

Sell, buy and live in Berlin

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

Buy, rent and sell real estate in Berlin – Berlin is not only in Germany the “place to be” when it comes to real estate, in all of Europe and worldwide Berlin is known. Next to London and Paris, Berlin is the hotspot in Europe for Europeans themselves, tourists and real estate investors. Here you will find the big overview, on the subject of buying, selling, renting, investment and everything else you need to know about the Berlin real estate market.

• Real Estate Berlin

Der Beitrag Selling real estate in Charlottenburg (Berlin): House & apartment, land for sale – Tips erschien zuerst auf ℄ Real Estates.