FOR CAPITAL INVESTORS
Of a total of 41.3 million private households in Germany in 1991, around 34% were occupied by just a single person. In 2017 the proportion of 1-person households was 42% – and that trend is continuing. At over 47%, Berlin is not just above the average – it is one of the national leaders.! 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.
According to current forecasts, Berlin will pass the 3.8 million inhabitant mark by as soon as 2025. It is therefore widely expected that the demand for city living space will remain high in the next few years. Ideal conditions for property investors!
Sources: Berlin-Brandenburg Office for Statistics; Senate Administration for City Development and the Environment (2015–2030 population forecasts)