Brandenburg Gate, large zoo & Co.

Berlin is becoming increasingly popular and young people in particular are drawn to the German capital. With numerous housing estates, shopping streets, sights & monuments, Berlin is particularly diverse and therefore so sought after. Here are not only young students, families or couples at home, but also numerous large companies and businesses. More and more people are drawn to the megacity for private but especially for professional reasons, which is why the living space is very popular and above all limited. Who owns a property in Berlin, can consider himself lucky.

List: The most expensive places & streets

Before we take a closer look at the individual streets and squares in Berlin, you will now get an overview of the most expensive streets and squares in Berlin. The purchase price per square meter ranges between 9,100€ and 23,000€.

• At the circus, Werderscher Markt
• Breitscheidplatz
• Gendarmenmarkt
• Island Road
• Klopstockstraße
• Kurfürstendamm
• Paris Square
• Savignyplatz

Werderscher Markt

The Werderscher Markt is located in the district of Berlin Mitte and is ideally situated near the Kupfergraben and the Spree. At Werderscher Markt there are a variety of residential complexes with housing options as well as numerous offices. So if you want to live very centrally and in the middle of the city, you are sure to find the right condominium here. Or would you like to buy an apartment and rent it out? The area around the Werderscher Markt is also perfect for this. Rental apartments are always in demand here.

The price per square metre here is

Maximum price up to 15.000€/ sqm

Here in the Werde market you will find top adresses, such as:

• The Foreign Office
• Bear Well
• Arcotel John F. Berlin

Werderscher Markt in Berlin (map):

Make yourself a picture and explore the Werderscher Markt in a virtual way.

Breitscheidplatz

The Breitscheidplatz in Berlin can be found in the center of the capital and is located in the southwest of the large Tiergarten. In the near vicinity are numerous shops, shopping opportunities, restaurants and the famous KaDeWe. So, if you want to live in a very central location or invest in a property in such an area, you should definitely take a look at the properties in this place. You want to buy a property here, then you can find out more about luxury real estate agents Berlin.

Here you will find top adresses like:

• Kaiser Wilhelm Memorial Church
• KaDeWe
• Numerous shopping possibilities

Breitscheidplatz in Berlin (map):

Explore the beautiful place yourself and take a virtual look at the surroundings.

Gendarmenmarkt

Properties on the Gendarmenmarkt are particularly popular and sought after due to their location. The square is located in Berlin Mitte and is close to the large Tiergarten. Therefore, one lives here not only in the midst of a wide variety of shops but also close to nature and a large green area. The real estate prices here are at most 9,750 euros per square meter. For a three-room apartment with about 70 sqm you should expect a purchase price of up to 700,000 euros.

The price per square metre here is

Maximum price up to 9.750€/ sqm

Here you will find top adresses like:

• French Cathedral
• German Cathedral
• Hanns Eisler University of Music Berlin

Gendarmenmarkt in Berlin (map):

Island Road

The Inselstraße in Berlin-Mitte inspires with its exclusive location. The banks of the Spree River are within walking distance, the city’s most important monuments and sights are only a subway ride away, and for those who need a break from the colorful hustle and bustle of the city, the many green spaces and parks offer a relaxing change of scenery. Properties in this area are ideal as an investment and are priced, in this environment, at €23,000 per square metre.

The price per square metre here is

Maximum price up to 23.000€/ sqm

Here you will find top adresses like:

• Spree Canal
• Island Bridge

Inselstraße in Berlin (map):

You want to see the area? Here you will find, for example, the island bridge:

Klopstockstraße

The Klopstockstraße at the Berlin Tiergarten is ideally located and is particularly popular due to its proximity to the large Tiergarten. Anyone living here is centrally located and despite this has a large green area on their doorstep. Here one finds in particular multi-family houses and thus numerous living or investment possibilities. Property prices here are a maximum of €9,100 per square metre.

The price per square metre here is

Maximum price up to 9.100€/ sqm

Here you will find top adresses like:

• Zoo
• Near Lazy Lake

Klopstockstraße in Berlin (map):

Kurfürstendamm

Kurfürstdamm in Berlin Mitte is a particularly popular residential area and is ideally located in the heart of the city centre. On the famous main shopping street, in addition to numerous shopping opportunities, you can also find some interesting and beautiful properties in the popular district of Charlottenburg-Wilmersdorf. If you are looking for a property here, you should expect a maximum price of 9,800 euros per square metre. So if you’re looking for a nice three-bedroom apartment with about 90sqm, you should expect to pay just under €900,000. Find out more about living on Kurfürstendamm here.

The price per square metre here is

Maximum price up to 9.800€/ sqm

Here you will find top adresses like:

• Shopping options like Gucci, Louis Vuitton, Zara
• Hard Rock Cafe

Kurfürstendamm in Berlin (map):

Explore the area yourself and walk along the shopping street virtually.

Paris Square

The Pariser Platz in Berlin is located directly at the Brandenburg Gate and inspires especially by ideal location in Berlin Mitte. Who owns a property here definitely has an impressive view of the landmark of the German capital or to the large Tiergarten. Here you live in the middle of the city center and yet close to a very large and extensive green space. Properties in this location are very sought after and cost around 10,200 euros per square metre.

• Find out everything about living in Berlin here.

The price per square metre here is

Maximum price up to 10.200€/ sqm

Here you will find top adresses like:

• Brandenburg Gate
• Starbucks
• Madame Tussauds Berlin
• Memorial to the murdered Jews

Pariser Platz in Berlin (map):

Make yourself a picture and explore the Pariser Platz, the Brandenburg Gate and the big Tiergarten in a virtual way!

Savignyplatz

The Savignyplatz is located in Berlin Mitte in Charlottenburg, in the middle of nature and is surrounded by numerous small cafes. Here, in the west of Berlin, you can live ideally and invest in a property. Savignyplatz is an ideal location for living and leads to some lively streets. Here you can visit restaurants, boutiques or the park.

Here you will find top adresses like:

• Park with flowers and sculptures
• L’Osteria Berlin

Savignyplatz in Berlin (map):

Most expensive residential streets in Berlin

Sources: Image / Engel und Völkers / Lukinski

More about Berlin: Real estate

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.

Berlin real estate market: overview

Millions of tourists, plus almost 4 million inhabitants living in the city, renovated old apartments in Kreuzberg, chic condominiums in Berlin-Mitte, large and imposing villas in Berlin Grunewald and exclusive off market properties.

The Berlin real estate market is due to its different districts, its high fluctuation of people, the laws of the state government and also international investors, a real estate market in which you need time as a buyer and especially as an investor with portfolio.

Here you will find the big overview, on the subject of buying, selling, renting, capital investment and everything else you need to know about the Berlin real estate market.

• Real Estate Berlin

Sell real estate in Berlin

Sell property Berlin – Berlin is known as the capital, as a university city and as a historical stronghold. 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 Berlin.

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

Living in Berlin: Popular residential areas

Living in Berlin – We introduce you to 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 districts are best suited to invest in a property there as an investment. Here we present the most popular residential areas – from the upscale Grunewald to the charming Schmargendorf and the quiet Dahlem to the historic Charlottenburg.

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

GmbH & Co KG – formation, financing, liability & Co

The limited partnership – in short: Kommandite or KG – is one of the so-called complete companies and, as a partnership, is subject to the German Commercial Code (HGB). The formation process for this legal form of company is quite uncomplicated, as it can be formed informally and requires a minimum of only two founding members. It can be formed by both natural persons and legal entities. A maximum number of permissible shareholders is not specified by law.

If all general partners of a KG consist of limited liability companies (GmbH), they form a so-called Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft – called GmbH & Co KG for short. Such a GmbH is sometimes also referred to as a general partner GmbH, but beware: the general partner GmbH is a corporation and part of the GmbH & Co KG, while the GmbH & Co KG by virtue of its legal form is always a partnership!

Other typical partnerships:

• Limited partnership (KG)
• General partnership (OHG)
• Limited Liability Company and Compagnie General Partnership(GmbH & Co OHG)

Foundation & Company Name

Two persons are required for the formation of a GmbH & Co KG: The GmbH as full partner – i.e. general partner – and a natural person as partial partner – called limited partner. If you are starting from scratch, you must first establish a limited liability company in preparation. To do this, you need the following in a nutshell: a natural person or legal entity as the founder of the company; a tax identification number (tax ID); the confirmation of registration from the trade office; the shareholders’ agreement aka articles of association together with notarial certification; 25,000 euros in share capital; and finally the entry in the commercial register.

You can find out how the process of setting up a GmbH works in detail here:

• Establishment of a limited liability company (GmbH)

You have successfuly founded your GmbH? The limited partner is ready to go? Then the next step is to set up a limited liability company (Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft). Since the GmbH & Co KG is a separate company, you again need a tax ID and must register the company with the trade office. The establishment of articles of association is also mandatory and of course your company needs a suitable company name including the company suffix “GmbH & Co KG”.

Management & power of representation

As a general partner, the GmbH basically has power of representation in the external relationship. However, since a GmbH is a legal entity, the management authority is entrusted to a natural person. This may be a shareholder of the general partner GmbH or the position may be assigned externally to a so-called third-party managing director. In this case, there is often talk of a third party board of directors or external board of directors.

Alternatively, limited partners may also act as managing directors, provided they are expressly appointed to this body. Since limited partners are generally excluded from management, their management authority in this case is, however, limited to the right of objection in the case of extraordinary transactions.

Profit distribution & loss sharing

With regard to the distribution of profits and the sharing of losses, either the statutory principles come into play or corresponding specifications have been anchored in the articles of association. Profits are generally distributed at 4 percent of the capital share plus additional profit “in reasonable proportion”. Losses are also shared appropriately.

It is possible to completely exclude the general partner GmbH from the distribution of profits by means of a declaration in the shareholders’ agreement, whereby higher profits can be distributed to the investors. Insofar as the GmbH has inherent management authority, it can be paid an appropriate remuneration to compensate for its role as managing director, whereby a managing director’s remuneration cannot be deducted in total as a business expense for tax purposes. However, the remuneration is paid irrespective of the profits generated and thereby has the effect, if applicable, that the entire company can save taxes.

General partner, partial partner & tax liability

Usually, the general partners of a limited partnership are liable without limitation and jointly and severally – i.e. with their business assets plus private assets. If, on the other hand, the general partner of a KG appears in the form of a limited liability company (GmbH), he is liable as a legal entity only to the extent of the GmbH’s capital contribution. Limited partners are liable – as in the case of a conventional KG – only to the extent of the mandatory sum that they paid in as a limited partner’s contribution when the GmbH & Co KG was founded.

Like all other legal forms of companies, the Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft is generally liable to pay taxes. First and foremost, they are subject to trade tax and – in the case of taxable turnover – turnover tax. A GmbH & Co KG is generally exempt from income tax and corporation tax… However, profit income is still subject to taxation: corporation tax is applied to the profit share of the general partner GmbH, whereas limited partners must pay income tax on their profit.

• Trade tax (GewSt)
• Value added tax (VAT)
• Income tax (ESt)
• Corporate income tax (KSt)

Tip. All taxes for companies in one list:

• Taxes in Germany

GmbH & Co KG – For whom is it worthwhile?

A significant advantage of a GmbH & Co KG is undoubtedly the limitation of liability to the business assets of the general partner GmbH. This means that founders do not directly risk the existence of their company if an investment turns out to be disadvantageous, and they can quickly increase their equity capital through the flexible and simple admission of new limited partners. They can confidently outsource the organisational effort and the management to an outside body or make deviating succession arrangements in order to maintain the GmbH & Co KG.

So who is the GmbH & Co KG suitable for? This legal form is worthwhile for start-ups who would like to set up their business as a partnership without having to forego the special liability restrictions of a GmbH. A GmbH & Co KG is also conceivable as an asset-managing company and for family businesses.

Alternatives to the GmbH & Co KG: Legal forms in Germany

Legal forms – What types of company are there? If you want to start your first company, then choosing the ideal legal form is one of the first steps in the process of setting up a company. Whether it’s a special real estate company or a start-up, I’ve summarized all the types of companies in Germany for you here.

• Legal forms: List

Company types in detail:

• Sole proprietorship
• Registered businessman / registered businesswoman (e. K.)
• Civil law partnership (GbR)
• General partnership (OHG)
• Limited partnership (KG)
• Entrepreneurial company (UG)
• GmbH: Limited liability company
• Real estate GmbH / Asset management GmbH
• Stock corporation (AG)
• Real estate stock corporation (REIT-AG)
• Societas Europaea (SE)
• Foundation / Family Foundation