Housing prices in Berlin and Germany
Prices for hotels and apartments for travelers
Here are the estimated hotel prices:
- Hostel in the donwtown 13,9 USD = 12 EUR
- 2-3 star hotel type Ibis 46,4 - 69,6 USD = 40 - 60 EUR
- 4 star hotel type Mercure or Novotel 92,8 - 150,8 USD = 80 - 130 EUR
- Rent a small apartment 50m2 in the center 46,4 - 69,6 USD = 40 - 60 EUR per day
You can view prices, book accommodations and read about the pros and cons of various hotel search engines in my review of hotel and apartment reservation systems
Hostel in Berlin
Ibis 2 star hotel
Hotel 4 stars Mercure
Cheap apartment on AirBNB
Long term rental or by apartment
Prices in expensive areas of Berlin
- Rent 15,1 - 17,4 USD = 13 - 15 EUR per square meter, that is, renting a small apartment of 60 m2 will cost about 870,3 - 1 044,3 USD = 750 - 900 EUR per month
- Buying 4 989,5 - 7 542,2 USD = 4 300 - 6 500 EUR per square meter, that is, an apartment of 60m2 will cost about 348 102,6 - 464 136,7 USD = 300 000 - 400 000 EUR
Examples of expensive areas:
- Mitte is the city center, here are the Bundestag, Alexanderplatz and Potsdamer Platz
- Pankow is the most populated district of Berlin
- Charlottenburg is one of the most fashionable areas
Prices in low-cost districts of Berlin
- Rent 9,3 - 11,6 USD = 8 - 10 EUR per square meter, that is, renting a small apartment of 60 m2 will cost about 557 - 696,2 USD = 480 - 600 EUR
- Buying 3 249 - 4 409,3 USD = 2 800 - 3 800 EUR per square meter, that is, an apartment of 60m2 will cost about 197 258,1 - 266 878,6 USD = 170 000 - 230 000 EUR
Examples of relatively cheap areas:
- Marzahn is the cheapest area to rent in Berlin, with mostly typical panel houses.
- Neukölln - traditionally considered a district of workers and immigrants
- Spandau is a bit remote and sparsely populated district of Berlin. Property prices are the lowest in the city.
How to search for an apartment in Berlin
The most popular bulletin board is immobilienscout24.de A large base of apartments for rent and for sale
You can try to find a suitable apartment at AirBNB
(daily rent for tourists), and offer the owner to rent an apartment for a long time with a discount.
Apartments are usually rented without furniture
All plumbing is in excellent condition
Houses in Berlin are usually around 4-6 floors
Clean and green yards
Real Estate Costs in Germany
Utility payments in Berlin are approximately 232,1 - 348,1 USD = 200 - 300 EUR per apartment per month or 4,1 - 5,2 USD = 3.5 - 4.5 EUR per square meter of housing. The main cost is hot water and heating.
Internet costs about 34,8 USD = 30 EUR for unlimited home Internet at a good speed.
Also, most Germans buy real estate insurance for 116 - 139,2 USD = 100 - 120 EUR per year. Insurance is beneficial in the case of minor breakdowns, such as the failure of plumbing, breakdown of built-in wardrobes, window fittings, etc.
Electricity is charged separately. The average bill for a family of three is 87 USD = 75 EUR –90 Electricity in Germany costs about 0,38 USD = 0.33 EUR per kilowatt per hour