Surrounded by water and back in the centre
Property market Berlin-Moabit
Moabit is a central part of the district Mitte, surrounded by water. The excellent inner-city location between the waterways Spree, Berlin-Spandauer Schifffahrtskanal and Westhafenkanal helped Moabit to industrial prosperity in earlier times. As a result, many workers settled in Moabit. In the course of industrialisation, the population grew from 10,000 to 93,000 inhabitants between 1858 and 1890. The district developed into a very dense working and residential area. The workers lived in very limited space in precarious housing conditions. The residential areas in Moabit are even today predominantly simple.
Property prices in Moabit
With nearly 39,000 rented apartments and around 1,000 apartments used by the owners, the housing market in Moabit is small and characterised by individual locations. There is a heterogeneous price structure, which depends more on the microlocation than in other districts. The ownership rate is very low at 2.5 percent. Offer prices for apartments in Moabit rose to an average of EUR 4,000/sqm in the third quarter of 2018, a 12-month period.
Evolution of the real estate market in Berlin Moabit
The strongest price segment in Moabit is the medium corridor of EUR 2,000 - 4,000 per square meter of living space. In addition to the Stephan district, the streets near the Hauptbahnhof (main station) and the neighbourhoods close to the Tiergarten are currently experiencing considerable price increases, but less centrally located areas are also closing the price gap. Our chart shows the changes in the price structure for the district.
Rental buildings in Moabit
In Moabit, north of the Alt-Moabit road, there are two areas under a conservation statute (milieu protection): the milieu protection area Waldstraße and the milieu protection area Birkenstraße. South of the street Alt-Moabit a resolution for the area of the Thomasiusstraße is in preparation. The market for apartment buildings in Moabit is compact. Prices per square metre have risen by around 500 euros/m² per year since 2014. The average square metre price for a tenement building in Moabit, as of 2018, is around EUR 3,150.
Migrational flows Moabit
Moabit is centrally located and borders on many neighbouring districts with which there is a lively population exchange. Most arrivals came from Wedding and Charlottenburg in 2017. In both cases, however, there were more people moving away than there were new arrivals. Overall, the internal balance, i.e. within Berlin, was negative in 2017. The emigration within Berlin is compensated by an increase of almost 900 citizens from the EU and about 1,700 citizens from Germany. The total balance is almost 930 Moabiters more than in 2016.
Moabit: Influx and outflux European Union 2017
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Real estate market in Berlin Moabit
Many of the (micro) locations in Moabit with nice old buildings, cafés, restaurants and quiet streets are very popular. Efficient speed limits have been introduced in many familiy areas. Stucco facades of old buildings have been restored and about 90 percent of the historical substance of the buildings has been preserved.
The main Kieze (quarters) in Moabit are: Huttenkiez, Beusselkiez, Westhafen, Emdener Straße, Zwinglistraße, Elberfelder Straße, Stephankiez, Heidestraße, Lübecker Straße, Thomasiusstraße, Zillesiedlung and Lüneburger Straße.
“Moabit is awesome!”
People love Moabit because it is very diverse: young and old, low and high-income households, original and new Berliners as well as tourists feel at home in Moabit.
Surrounded by the Spree (river) and several canals, the island position makes living in Moabit very easy. The short distance to Hauptbahnhof and the government district (“Regierungsviertel”) and many nice green areas plus many cafés and beer gardens bring up a kind of holiday feeling in the summer time.
Culture enthusiasts should visit the “Kulturfabrik Moabit”, a former depot base and today a location for concerts, theater, movie theaters, exhibits and political debates.
A young and individual neighborhood is the Stephankiez, which is shaped like a star and quite popular not only amongst the residents of Moabit. In 2015 around 65,73 percent of all households in the neighborhood were single-households. The population is relatively young: 55,12 percent are between the age of 18 and 45 years, whereas only 8,61 percent are older than 65 years. But no matter from which age group, the many pubs, cafés and restaurants open their doors for everyone. Definitely a culinary highlight is the restaurant “Arema” in Birkenstraße.