In this article, we will inform you about the prices for which a property in the Soldiner Strasse neighborhood can be sold and which factors are currently influencing value formation. The data presented in this article should of course only be seen as a rough guide. As soon as you have decided to sell your property, you should consult a professional property valuation.
Selling a property in Soldiner Kiez - an overview of the current market situation
The Soldiner Kiez has become much more attractive in recent years and buying and renting apartments in the district is becoming increasingly popular. If you look at the current data, you will notice a clear housing deficit of more than 3,000 residential units. As a seller of an apartment in Soldiner Kiez, you can benefit from this excess demand in terms of price. New arrivals, newcomers, students and urban professionals in particular are looking for a place to live in this international neighborhood. They often use the area with its excellent public transport connections as a springboard to gain a foothold in Berlin. Lovers of historic old buildings appreciate the area because of the many properties that were built more than 100 years ago in the imperial era. They are also an important value-creating factor, as is the urban greenery on the banks of the Panke. We will go into all of these points further down in the article.
Price trends for real estate in Soldiner Kiez
As with the Berlin average as a whole, property prices in Soldiner Kiez also fell in the period between the fourth quarter of 2023 and the fourth quarter of 2024. The values given below refer to Soldiner Strasse 1 in 12305 Berlin. Although these cannot provide a binding statement for the Soldiner Kiez as a whole, they serve here to give you an orientation with regard to the current price level and the development of prices.
For the twelve-month period, the price of condominiums fell by 0.9 percent as of the fourth quarter of 2024, while the average price fall for Berlin as a whole over the same period was 0.6 percent.
The decline in purchase prices for houses is even more striking. Between the fourth quarter of 2023 and the fourth quarter of 2024, the purchase price for a house in Soldiner Strasse 1 fell by 11 percent and by 4.1 percent in Berlin as a whole.
It is clear that the real estate market is currently on the move. Anyone looking to sell an apartment or house in Soldiner Kiez should therefore keep an eye on current developments.
What price can a condominium in Soldiner Kiez be sold for?
For an apartment in Soldiner Strasse 1, which we refer to as a benchmark for the Soldiner Kiez, a sales price of around €3,880/m² is estimated for the fourth quarter of 2024. This puts the price per square meter below the average for Berlin as a whole, which is estimated at €4,148/m² for the same period.
What price can a house in Soldiner Kiez be sold for?
In the fourth quarter of 2024, a price of € 4,319/m² can be asked for the sale of a house in Soldiner Strasse 1. This means that the sales price is practically on a par with the Berlin average, which is €4,391/m² in the fourth quarter of 2024.
Criteria for determining the value of real estate in the Soldiner Kiez
The aforementioned values for the prices refer to Soldiner Strasse 1 and are only used here as an example. Above all, the individual factors of a property can affect the sales price and lead to values other than those given here. In particular, the year of construction, the fixtures and fittings, the condition of the building fabric and the question of regulation must be clarified before arriving at a realistic price per square meter when selling a property in a specific individual case. A professional property valuation will provide you with further information. You can find out how they go about determining values in our article “Property valuation: Determining value – procedure, costs and more”. As this article serves as an initial guide to selling a property in the Soldiner Strasse neighborhood, we will only look at very objective factors that affect the value in the neighborhood. For an individual assessment, you will need personal advice.
Quiet city center location and good local transport connections
What definitely adds value to the properties in Soldiner Kiez is the excellent public transport connections. The more than 20,000 people from over 60 nations who live here particularly appreciate the proximity to S-Bahn, U-Bahn and streetcar lines. The U8 and U9 lines depart from Osloer Straße station right on the doorstep. From here, residents can travel directly to Alexanderplatz, Kreuzberg and Neukölln. The U8 goes to City West and Steglitz. In addition, the S-Bahn lines S1, S25 and S85 guarantee short distances from Wollankstraße to Pankow, Moabit, the Zoological Garden and the south-western suburbs of Berlin. The M13 runs from east to west and vice versa. It crosses Bornholmer Brücke, for example, and also stops in Prenzlauer Berg and Friedrichshain on its way. Despite these opportunities to quickly plunge into the urban jungle, Soldiner Kiez is largely quiet and exudes an almost village-like atmosphere. Families in particular feel at home here. Compared to the outer districts, the population is on average rather young.
Urban greenery and local recreation
The Soldiner Kiez is something of a mixture of charming old buildings and a quiet location with local recreational opportunities. The area around the Panke river is a green oasis. The banks of the river around the overflow into the Franzosenbecken are ideal for walks, picnics, jogging and much more. The proximity to urban greenery speaks for the properties here and increases their prices.
Varied gastronomy just around the corner
Another plus point are the many dining options. The restaurants in the Soldiner Kiez impress with a very international range. Lalibela, an Ethiopian restaurant with several locations in Berlin, is prominently positioned on Soldiner Strasse. The local restaurateurs also offer Spanish tapas, Turkish delicacies, Indian stews, pizza and much more. Over the years, a protected milieu has developed whose community likes to meet in the cafés in Soldiner Kiez. In the evenings, many residents are drawn to the quaint Soldiner Kiez bars, especially the Soldiner Eck and the Wilma Bar.
New location for art
Art and architecture significantly enhance the Soldiner Kiez and make the local facilities more valuable. In particular, the historic factories of the former working-class district of Wedding are now taking on completely different functions. As part of the Kolonie Wedding project, various vacant spaces are being transformed into galleries, making the district more attractive. The Ballhäuser Wedding and Prinzenallee as well as the Kulturpalast Wedding nearby regularly host theater and cultural events. Open-air events and exciting cultural festivals also await residents and visitors several times a year.
The "Soldiner Straße" and "Kattegatstraße" social conservation areas in the Soldiner Kiez neighborhood
The two areas “Soldiner Straße” and “Kattegatstraße” have been declared “milieu protection areas” by the Berlin Senate. The aim here is to maintain the population structure over the next few decades, i.e. not to chase away long-established residents with soaring rents. The prospect of stable rents makes Soldiner Strasse in Berlin very attractive to newcomers. As a property owner, on the other hand, you have to accept possible losses due to the milieu protection. You cannot simply sell apartments and houses in these areas at normal market prices, but must adhere strictly to the regulations. Apart from this, the right of preservation also affects many forms of use. The sale of properties for the purpose of conversion into vacation homes and the conversion of rental apartments into condominiums are not permitted. We provide detailed information about the social conservation areas in Berlin in our article “Overview: Milieu protection areas in Berlin and the effects on property owners and buyers”.
The Soldiner Kiez as a transit district
Many of the people in Soldiner Kiez are arriving in Berlin for the first time and take advantage of the low rents to gain time for their future apartment search. This makes the residential area a classic transit neighborhood in which, depending on the building, only a limited number of permanent tenants can form. This generally has a negative impact on value formation. On the other hand, the high fluctuation makes it easier to increase rents outside the milieu protection zones, which is why buyers of houses in Soldiner Kiez may be even more interested in the properties. The character of the Soldiner Kiez as a transit area also makes it very international. On some streets, the proportion of people with a migration background is over 70 percent, with the working class and young students predominating.
Conclusion: The Soldiner Kiez - a residential area with a future
This district has long since shed the dingy image of the 1990s and 2000s. In the future, however, the Soldiner Kiez will become increasingly attractive for a broad spectrum of people. This is due, among other things, to its already international character and its convenient inner-city location with perfect connections to local and long-distance transport. Despite the influx and increased demand for apartments, gentrification in Soldiner Kiez is nowhere near as advanced as in Prenzlauer Berg and Friedrichshain. There is therefore still room for improvement in terms of price. Anyone looking to sell a property in Soldiner Kiez should keep a close eye on the development of purchase prices and seek professional advice as part of a property valuation.
