Microanalysis real estate market Berlin
Housing report Tempelhof

Until recently the district was not really considered as hip. It felt like the neighborhoods of Tempelhof had not woken up yet. Geographically the district goes all the way to the city border and is surrounded by Kreuzberg, Schöneberg, Steglitz and Neukölln. Young families have always enjoyed living here and right now the real estate market of Tempelhof is booming. Row houses from the 20s and 30s, quiet and green streets, little traffic and good locations westwards of Tempelhofer Damm are attractive factors. Even the prices for the beautiful, central locations did not go up dramatically for years because there was almost no fluctuation. Who once owns real estate at the family friendly neighborhood “Fliegerviertel” around Adolf-Scheidt-Platz will usually not try to sell it that easily. With the rising popularity of the recreation area on the former airfield “Tempelhofer Feld” the just so quiet times were over. Houses and classic old apartments right across from one of Berlin’s largest inner-city recreation areas became really interesting. A fashion fair is held at Tempelhofer Feld twice a year and brings some glamour to the district.

Also the area around the train station “Südkreuz” is uprising at the moment. The well-kept residential areas around Südkreuz  are definitely an insider tip for those, who like living close to the city- center but still enjoy a quiet and comparatively cheap neighborhood. Besides that the access to the public transportation system (BVG) is excellent.

Real estate prices in Tempelhof

Tempelhof is booming. In the first quarter of 2018, multi-storey apartments were offered on the market at an average price per square metre of EUR 3,550. This corresponds to a price increase of about 11 percent over the same period last year. The real estate market in Tempelhof continues to catch up with the overall development in Berlin. Attics follow the Berlin-wide trend and are dropping in price. In the case of rented units, a deduction of approx. 15 percent must be expected. In total, Tempelhof will offer even fewer properties in 2018. In the first quarter there were less than 120 units, including very few attics and virtually no penthouses. The middle price segment dominates in Tempelhof. It can also be observed that the main segment in the lower price spectrum has been declining rapidly since 2013. There still seems to be little demand on the market for the upper price segment.

Evolution of the real estate market in Tempelhof

Chart above: The three different price segments show how the price structure in the district has changed between 2007- 2017. It also describes how many apartments have been offered in each price segment. The curve represents the development of the average offering price of all apartment types and their price segment.

Tempelhof: Influx and outflux European Union 2017

Source: Amt für Statistik Berlin-Brandenburg. Eigene Berechnung.
Country Influx Outflux Balance
Belgium 12 9 3
Bulgaria 215 35 180
Denmark and Faroe Islands 12 18 -6
Estonia 0 0 0
Finland 7 4 3
France 103 32 71
Greece 73 23 50
Ireland 19 3 16
Italy 149 54 95
Croatia 92 25 67
Latvia 15 0 15
Lithuania 21 6 15
Luxembourg 0 0 0
Malta 7 0 7
Netherlands 33 30 3
Austria 39 35 4
Poland 293 140 153
Portugal 31 3 28
Romania 178 34 144
Sweden 21 9 12
Slovakia 3 3 0
Slovenia 12 6 6
Spain 60 58 2
Czech Republic 15 6 9
Hungary 34 3 31
United Kingdom 97 61 36
Cyprus 12 3 9

Tempelhof Dashboard

Percentage of people between 18 and 65
Internationality (2016)
Population (2016)
Living space per capita
Unemployment levels (06/16)
Balance of migration (2016)

Real estate market in Tempelhof

The district benefits from the easy access to public transportation, its neighboring district Kreuzberg and Schöneberg and the beautiful residential areas. Only 700 apartments were offered in 2016. One reason for the low number of offered apartments is a high quote of owner occupied housing of 25 percent in Tempelhof and its urban districts Mariendorf, Marienfelde and Lichtenrade. Another reason is that owners are still counting on a catch-up effect of the price development. In 2017 real estate prices continue to increase.

Population in Tempelhof

Many residential areas started becoming more interesting with the closing of the airport in Tempelhof almost 10 years ago. Visitors and residents enjoy their free time at the large greened area, which is also an important natural site for birds and insects.
It is quite obvious how popular the neighborhood of “Neu-Tempelhof” has become since about 600 new residents moved here in 2015. The garden city in Neu-Tempelhof is also called “Fliegerviertel”. Streets are dominated by twin and row houses as well as four- to five- apartment buildings. Life is happening in the northern part of the quarter at Manfred-von-Richthofen-Straße, which is characterized by reconstructed old buildings. Even though the “Fliegerviertel” is right in the middle of the city, it is possible to feel comfortable and to get away from the everyday stress to the many green areas. The population here is a heterogeneous mixture of old and new residents.
People with many different nationalities and cultures are coming together in Tempelhof. More than 50 percent of the residents under 18 years of the area of Tempelhof have a migration background. At the neighborhood “Rathaus Tempelhof” 39,61 percent of the residents have a migration background.