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Luxury Berlin apartments can now cost €23k per sqm


Luxury Berlin apartments can now cost €23k per sqm
The number of real estate deals fell last year but the residential market remains hot, government committee says
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Photo: ImagoOld and new residents.
Berlin - The pandemic hasn t yet led to falling residential real estate prices in Berlin but it has dented sales of office and commercial buildings, according to Berlin s expert committee for property values.
Prices for single- and two-family homes rose 9 per cent in 2020 to €4,345 per square metre from €3,965 in 2019, according to the committee s preliminary 2020 report. Flats rose just 2 per cent to an average €6,190 per square metre.  ....

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