Berlin is booming! This global city has grown by more than 284,800 inhabitants (+8.3%) in the last seven years alone. At 13.5% and 10.4% respectively, the population growth in the district of Mitte and the neighbourhood of Wedding is a little higher than average.
The consequences of this consistent growth are obvious: the demand for living space is increasing, supply is becoming scarcer and rents are going up. This profitable market presents attractive investment opportunities for capital investors.
In Tegeler Strasse 8 and 9 in the central Berlin district of Wedding, 102 studio apartments are being built in a desirable location: with short commutes for employees of the various nearby companies and several nearby universities, here you are investing in a high-quality new build with very good lettability.
Wed. + Fri. 1-4 p.m.,
Sat. + Sun. 1-3 p.m.
also after telephone agreement
Tegeler Straße 8, 9
Changes in household structures in Berlin are in line with the nationwide trend towards 1-person households. Compact living space is in particularly high demand in the district of Mitte: here around 61%, and therefore significantly more than half of all households are single occupant.
Because the supply of small apartments on the under-pressure property market is limited, students, weekend commuters, young professionals and retirees are competing for suitable living space.
Sources: Berlin-Brandenburg Office for Statistics
Enquiry - Studio Living Berlin B.1
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