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Buying a condominium in Wedding: Prices, new construction, stock & neighborhoods

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Anyone looking for a condominium in Berlin will inevitably come across the district of Wedding. In this article, we will inform you about which condominiums are currently available in Wedding, the characteristics of the apartments in Wedding East and West, what makes this district special and which streets have a unique selling point.

Wedding first appears in documents from the 13th century, but was largely uninhabited until well into the 18th century. It was not until it was incorporated into Berlin that it became more populated. After the Second World War, Wedding belonged to the part of West Berlin administered by the French Allies. In 2001, it lost its status as an independent district due to the Berlin district reform and has been part of the Mitte district ever since.

In addition to the facts and information about this district, we want you to get a feel for what it’s like to live in Wedding. Which places do the residents particularly like and where are the hippest restaurants? Which neighborhood is home to Berlin’s artistic scene and where do young families with small children live?

The location of the Wedding district in Berlin

The purchase price trend for apartments & houses in Wedding

The average purchase price for a condominium in Wedding in Q4 2022 was € 4,543/m². Since the 4th quarter of 2018, i.e. over a period of 4 years, the price per square meter has risen by 45%. While the most expensive condominiums in Wedding are currently estimated to cost up to €10,064/m², the cheapest apartments are priced at around €3,620/m².

Purchase prices for houses have also risen further. On average, buyers will have to invest €4,824/m² in the fourth quarter of 2022. Over a 4-year period, starting with the 4th quarter of 2018, a price increase of 50 percent has been recorded. The most expensive properties are currently priced at around €8,381/m², while the cheapest homes are already being traded from €3,690/m².

The bottom line is that prices per square meter for owner-occupied properties have risen continuously in recent years – to an extent that surprises even experts. A contrary price trend is hardly to be expected in the near future.

(to the source of all specified values)

Buying a condominium in Wedding

The average price per square meter for condominiums in Wedding is slightly above the Berlin average. While the average price paid for a condominium in Wedding in Q4 2022 was €4,543/m², the price for the same period in Berlin as a whole was €4,320/m².

Overall, it can be seen that prices rise the closer the apartments are to the Mitte district and thus further to the south-eastern part of Wedding. New-build apartments go for an average price of €7,660/m ² on the market. However, the price corridor is long and extends to over the €8,000/m² mark . The apartments in Wedding are particularly popular with young investors. Many of them want to move into the condominium themselves, while others want to use it as an investment property and rent it out. For this reason, it will be interesting to see in one of the next sections how high rental prices in Berlin Wedding are on average.

The price segment between €4,000 and €6,000/m² is growing steadily. There are hardly any cheaper apartments left on the market. This is mainly due to the fact that most apartments have now been completely renovated or refurbished and therefore have the status of new-build apartments. New construction projects are also being built in Wedding.

How much does a new-build apartment in Berlin Wedding cost?

Of course, it is impossible to say in general terms how high specific purchase prices are for new-build apartments in Wedding. In general, however, it is clear that prices are in the price segment from € 6,000/m² upwards and new-build projects are mainly planned in the upper price segment. Influencing factors in specific individual cases are, for example, the location, size and furnishings of the apartment in question. In many cases, the latter is luxurious and offers real wood parquet flooring, underfloor heating and light-flooded, spacious rooms, for example.

The image of the Wedding district is changing and completely new neighborhoods are emerging. To the north of Mauerpark, for example, derelict areas are being built on. Lichtburgring and Bärbel-Bohley-Ring are streets that did not exist until recently. The residential buildings in Wedding could not look more different. While a new wooden building with expensive apartments is being built in one location, a new commercial building is going up at Wedding station. New apartments have been built on the corner of Tegeler Strasse and Lynarstrasse. A total of 80 units with purchase prices of up to €800,000.

How much does an existing apartment in Wedding in Berlin cost?

The average price in 2022 at 4,484 €/m². Here too, the amount of a specific purchase price depends on a number of factors in the individual case. First of all, the location of the property is an important criterion. Apartments close to the border of the Mitte district are extremely popular. They are more centrally located and therefore cost considerably more than apartments on the western edge of Wedding.

How high are rents in Berlin Wedding?

The average net rent for apartments in Wedding in the 4th quarter of 2022 was €11.01/m². Since mid-2018, the average rent has risen by almost 19 percent overall. Measured by apartment size, the highest rents are found for apartments of 140 square meters or more. Apartments of 120 to 140 square meters and very small apartments of less than 40 square meters are also relatively expensive.

Other sources calculate €12.40/m² for existing apartments and a median value of €22.55/m² for new-build apartments.

Living in the Wedding neighborhoods

Wedding is located in the heart of Berlin and yet is a small world of its own. In this section of our article, we want to give you a feel for living in the different neighborhoods of Wedding and show you what makes this part of Berlin so special.

The Müllerstrasse

Müllerstraße borders on Leopoldplatz, which is affectionately called Leo by the residents. Leopoldplatz is particularly famous for the Nazareth Church, which was built here by Karl Friedrich Schinkel and adorns the square.

If you turn into Müllerstraße from Leopoldplatz, you will immediately notice the small stores, cafés and restaurants that crowd together here. Pubs open here almost every week, because the Berlin University of Applied Sciences (until 2021: Beuth University of Applied Sciences Berlin) and the location of Berlin’s Charité hospital give the neighborhood around Müllerstraße a young, student charm. Estate agents are working hard to attract more students to this district, but prices are often higher than the student budget, which is why young couples and families in particular have settled here in recent years.

Where Karstadt and C&A once had their branches, you will now find greengrocers and other stores. Many of them offer oriental specialties, giving the shopping street an international and multicultural flair.

The lake road

This street, which has borne its name since 1827, is part of the ring road that runs around Berlin’s city center. The streetcar runs along its wide central reservation towards the east and the center of the capital. The Seestraße subway station is located at the intersection of Müllerstraße and Seestraße. When you get off the subway here, you are immediately immersed in the hustle and bustle. The street never seems to sleep, because in addition to restaurants and stores, the Alhambra multiplex cinema is also located here. However, if you live on Seestraße, you have to expect some traffic noise. But residents love having excellent transport links right on their doorstep.

The Sprengelkiez

If you want to live in the middle of Berlin and have plenty of green space around you at the same time, the Sprengelkiez is the place to be. The neighborhood, which stretches around Tegeler Strasse and Sprengelstrasse, is particularly popular with residents due to its traditional old buildings and huge green spaces.

Small, long-established pubs line the beautiful Berlin-Spandau shipping canal alongside restaurants and cafés. On weekends and other sunny days of the year, families spend most of their time on the former industrial site, which is now the Sprengelpark. Where seaplanes were once built, there are now blossoming cherry trees, playgrounds and meadows.

If you take a closer look around the Sprengelkiez, you will come across the Robert Koch Institute on the north bank, in the immediate vicinity of which is the former Rudolf Virchow Hospital. The latter is now the Campus Virchow of the Charité. A particularly large number of students stroll through the streets in this district, as the Berlin University of Applied Scienceswhich has left its mark on the Sprengelkiez.

As you approach Müllerstraße, you enter the part of the Sprengelkiez that was considered a place of social problems until a few years ago. This atmosphere can still be felt today. Sparrplatz on Sparrstraße and Lynarstraße is a green area with soccer pitches and playgrounds. The Berlin SPD headquarters, which is located in the Kurt-Schumacher-Haus, is also one of the district’s well-known locations.

The Brussels neighborhood

Anyone walking through the streets of the Brussels neighborhood will notice the somewhat rough appearance at first. But if you take a closer look, stroll through the streets and stop off at one of the small cafés, you will quickly realize that there is a big heart beating beneath the rough surface.

Various citizens’ initiatives have been trying for years to pull this neighborhood out of the shadows of the neighboring districts. The potential is certainly there, thanks in part to the pretty weekly market that is set up twice a week in Genter Straße. Zeppelinplatz was renovated at the end of 2016 with the help of funding. Now there are playgrounds there that attract the youngest residents of the neighborhood to play every day.

Many of the houses date from the early 19th century. Overall, however, the Brüsseler Viertel was built on late. The section bordering Seestrasse has a particularly metropolitan character, while other parts of the Brüsseler Kiez are much quieter. Zeppelinplatz was built on in the second construction phase. It is home to the Beuth House, for example, where students from the Berlin University of Applied Sciences live. daily in and out. Brüsseler Straße runs parallel to Seestraße and leads from Amrumer Straße near the Charité Campus to the lively Müllerstraße.

The nameless neighborhood around Leopoldplatz

The neighborhood between Reinickendorfstraße, Müllerstraße, Seestraße and Leopoldplatz doesn’t have a name, but it does have a huge cultural offering. Hardly any other Berlin neighborhood has so many buildings from the Wilhelminian era. The old buildings are lined up close together and the winding alleyways meet at uneven angles, creating pretty little squares.

The residents love the mix of quiet residential area and multicultural influences. In the streets, you sometimes almost feel like you’re strolling through a village. But when you hit the arterial roads, you immediately realize that you are in the middle of Berlin and that a quaint bar or a nice café with delicious ice cream is just around the corner.

The African quarter

In this district, you immediately notice the street names that are related to German colonization in Africa. The neighborhood stretches northwest of Leopoldplatz and is very close to Volkspark Rehberge, which is also home to the popular Plötzensee swimming lake. The best-known housing estate in the African quarter is the Friedrich-Ebert-Siedlung, which was built between 1928 and 1939 and is now a listed building.

The English Quarter

Today, this district is one of the quietest in Wedding. Until the Closure of Tegel Airport the residents were still exposed to constant aircraft noise. The brick houses with their small courtyards and greenery exude an indescribable charm.

The English quarter is also so quiet and green because there are three cemeteries here in addition to the Schiller Park. If you are interested in culture, visit the Centre Culturel Français, which was built in 1960.

Health fountain

Gesundbrunnen was a part of the former district of Wedding and even today it is sometimes overshadowed by it. Gesundbrunnen bears witness to the difficult phases a working-class district in Berlin can go through.

For 30 years, Gesundbrunnen lived in the shadow of the Berlin Wall, which surrounded the district on three sides. However, a lot has happened in Gesundbrunnen in recent years, making it a popular residential area. Rents are much lower than in neighboring trendy Prenzlauer Berg. Gesundbrunnen is also not quite as multicultural as Wedding, which lies to its east. Anyone looking for a suitable investment property in Wedding will most likely make a detour to the neighboring district of Gesundbrunnen on their exploratory tours.

Conclusion

Wedding is a district of Berlin that has been neglected for many years. Only in recent years have new construction projects been planned and old buildings renovated. Hardly any other district in Berlin has seen such an increase in living space in recent times. This also shows that Wedding is continuing to grow and is in the process of realizing its potential. A wide variety of cultures come together in Wedding. Students, young couples and families meet in the popular neighborhoods. The parks and Plötzensee lake are particularly popular at weekends and the playgrounds are filled with exuberant children romping around on the equipment.

In our article “Buying a condominium in Wedding: Infrastructure, demographics & facts” you can find out, among other things, about the infrastructure in Wedding, the breakdown of the political parties here, whether there are sufficient childcare facilities and what medical care is available in Wedding.

Note

We endeavor to take the greatest possible care when creating the content for this website. However, we expressly point out that the accuracy, completeness and topicality of the content provided may change at any time – even at short notice – and that this may no longer be the case at the present time. Furthermore, we would like to point out that the information provided is not to be understood as individual legal, tax, financial or other professional information, recommendations or advice. It cannot replace individual case-by-case advice from a competent person and is not suitable as a basis for decisions. Information on the liability of Stonehedge Real Estate GmbH can be found here.

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