Microanalysis real estate market Berlin
Micro market report Treptow
Treptow’s residents are very proud of their district. It was put together with the district Köpenick and is also called Treptow-Köpenick ever since. Geographically it is Berlin’s largest district and has a population of 129.000 residents. Neighboring districts are Friedrichshain, Kreuzberg, Neukölln and Köpenick.
The district is characterized by urban living, lively and popular neighborhoods and a multicultural environment. For the ones, who like it a bit more calm and quiet, the many parks and recreation areas are an option to spend the free time at. The architectural structures of the settlements in Treptow are very differing from each other. Every urban district has its own identity. More and more young people get attracted to the mix of urban atmosphere and nature. Even though the eastern center of Berlin and hip districts like Neukölln and Kreuzberg are not that far away, Treptow itself has various entertainment options to offer.
The heart of Alt-Treptow included the quarter around Kiefholzstraße and Treptower Park. Buildings from the times of the emperor and apartments complexes from the 1920s are part of Alt-Treptow’s streets. Alongside of the river Spree the once industrial buildings were rebuilt into modern apartment complexes.
The former location and center of industry and trade in Niederschönweide has been declared an improvement area since 1994 and still is in the recovery phase. With the end of 2010 around 90 percent of the housing stock has been renewed. The social infrastructure has constantly renewed and improved as well.
Who is looking for a quiet and calm residential area cannot do wrong with looking at real estate in Altglienicke. It is an area with the character of a garden city but still a well-developed traffic infrastructure, with a direct and quick transportation to Berlin’s center. Everything from small settlements with row- and single-family houses to concrete slab constructions from the 80s is part of the Altglienicke’s architecture.
Adlershof: old trees, dapper front yards and green patios. This urban district definitely gives one the feeling of living in the suburbs. Nevertheless, thousands of new apartments have been built here over the past two decades.
Real estate prices in Treptow
Treptow-Köpenick is an area with a wealthy monthly household income of 1,825 euros. The market for apartments in Treptow is manageable and has not been able to catch up so far to the overall real estate price development in Berlin. Nevertheless, the asking prices have risen by almost 40 percent since 2014, with a very low number of cases compared with other districts (less than 80 transactions per year). From 2014 to 2015 there was a jump of prices followed by a correction of minus 3 percent in the following year. Currently the apartment prices in Treptow are stable.
Adlershof: location of the future
Along the “Adlergestell”, Treptow’s urban district Adlershof starts to develop into an internationally acknowledged research base. It is one of these future locations in Berlin, where a development of networks of economy and science and the mutual exchange between them is supposed to happen. Innovations and competitive ability of the regional and German economy are both already supported in the area. Photonics, power engineering, communication technology, media, biotechnology, environment, micro systems and materials research are focused on.
The economy, politicians and citizens all see the development to an important research and industry location as a challenge but also a chance at the same time. Treptow-Köpenick will be characterized by new building projects and redevelopments in the coming years. It is going to be known as one of Berlin’s modern, international and sustainable top-locations. One of Germany’s biggest research and technology centers “WISTA” is already located in Adlershof and employs more than 14.000 people at the different university faculties and top international companies in research and development.
For a century now, Adlershof and other areas of Treptow have developed into a location for universities and colleges. Due to the variety of study programs many different students are coming to the district. Besides the academy for acting “Ernst Busch” also the Humboldt-University and the School for Economics and Technology have some of their institutions located here.
Treptow: gaining popularity among young families
There are many aspects for families to choose living in Treptow: many watersides, forests and recreation areas and hip and inner-city neighborhoods.
Over the past years an increasing flow of migration from hip districts like Neukölln, Friedrichshain-Kreuzberg and Lichtenberg to Treptow’s quarters Alt-Treptow and Plänterwald has been registered.
In 2011 around 16.570 children and teenagers were living in Treptow. Only five years later an increase of 16,03 percent of children and teenagers has been registered. These numbers underline how popular the district has become among young families.