Thursday, 4 June 2009

Berlin Rent Table 2009 "Mietspiegel"

During the past two years, average rents in Berlin have risen each year by only 4 cents/sqm/month. For an apartment without rent control, the average monthly rent in Berlin is now €4.83/sqm without heating and utilities. Very small apartments of less than 40 sqm had an above-average rent development of 5.3% to €5.41/sqm per month. These conclusions were drawn from the new, qualified rent index for 2009 which has been accepted by all six lessor and tenant associations for the first time since the year 2000. Apartments in houses built between 1973 and 1983 in western districts and new buildings constructed since 1991 are also above the average. Rents in the latter buildings rose by 1.5%, from an average of €6.58 to €6.68 per month. For the first time, the rent index also takes the energy efficiency of buildings into account.

Here is a link to the download from the official Berlin Senate website.

For Property Performance Improvement follow this link.

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