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SELL YOUR PROPERTY IN KOLLWITZKIEZ

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Berlin, a dynamic metropolis, houses a multitude of neighborhoods, each offering a unique urban experience. Among them, Kollwitzkiez stands out as a rare gem, combining historical charm with contemporary vibrancy.

Located in the Prenzlauer Berg district, Kollwitzkiez owes its name to the German artist Käthe Kollwitz, providing a space where one can sense the artistic effervescence characteristic of the city. The cobblestone streets, historical facades, and lively squares appeal not only to art enthusiasts but also to those seeking a warm community atmosphere. The wave of gentrification that swept through Kollwitzkiez has profoundly reshaped the urban landscape of this once overlooked Berlin neighborhood. Initially, Kollwitzkiez was a stage for marked social diversity, with historical roots dating back to its status as a Jewish ghetto. Over the years, this area has undergone significant transformations.

Beyond its visual charm, Kollwitzkiez offers significant real estate investment opportunities. Properties in this neighborhood are sought after for their sustainable value, benefiting from a consistent demand in the market. In this article, we will explore the reasons why selling in Kollwitzkiez can be a wise decision, highlighting the distinctive features of this neighborhood and examining the real estate trends that make this Berlin enclave a prime choice for sellers.

The history and evolution of the micro-district of Kollwitzkiez

The history and evolution of the Kollwitzkiez district are intrinsically linked to the development of Berlin, its societal transformations, and its urban fabric. Originally located in the extensive Prenzlauer Berg district, this neighborhood was characterized by its residential and industrial nature during the 19th and 20th centuries.

Over the years, Kollwitzkiez has undergone significant changes, transitioning from an industrial area with a Jewish ghetto to becoming an artistic and cultural center. Its name pays homage to the German artist Käthe Kollwitz, whose artistic legacy has left a lasting imprint on the region. The presence of art galleries, creative workshops, and cultural events has contributed to shaping the artistic identity of the neighborhood.

One notable evolution has been the renovation of old buildings, preserving their historical charm while adapting them to contemporary living standards. This has attracted a new generation of residents, often artists, creating an eclectic and vibrant atmosphere. After the fall of the Berlin Wall, federal governments invested over 100 million euros in the professional restoration of the district’s historic buildings, leading to a significant improvement in its appeal and, consequently, a substantial increase in rental prices. This neighborhood, once among the most affordable in Berlin, has undergone a radical transformation.

The geographical location and access of the neighborhood

Strategically located in the sought-after neighborhood of Prenzlauer Berg, Kollwitzkiez enjoys a privileged geographical position within the German capital. Nestled between the bustling thoroughfares of Danziger and Metzer Straße, this neighborhood offers remarkable accessibility to some of Berlin’s most iconic sites.

Public Transportation Access: Kollwitzkiez provides convenient access to a variety of public transportation options, facilitating travel within Berlin and beyond.

  • Subway (U-Bahn): The Berlin subway network is within reach, with the Senefelderplatz subway station in close proximity. This underground connection allows for swift travel to key destinations in the city.
  • Tram (Straßenbahn) – Line M2 (Direction: Alexanderplatz – Heinersdorf): This tram line is particularly convenient for residents of Kollwitzkiez, traversing several key stations.
  • Bus – Line 200 (Direction: Michelangelostraße – Zoologischer Garten): Bus line 200 is an option that passes through the neighborhood, providing a convenient link to key destinations across the city.

Road Access: The proximity of Kollwitzkiez to major roadways ensures ease of circulation for those who prefer to use their own means of transportation.

In summary, Kollwitzkiez’s central geographical location and easy access to transportation networks make this neighborhood an appealing choice for those seeking a tranquil urban life. Whether drawn to the professional opportunities of the city center or exploring the surrounding neighborhoods, Kollwitzkiez stands as a pivotal hub offering unparalleled connectivity at the heart of Berlin.

Micro-districtMajor StreetsPostal Codes
KollwitzkiezStrassburger Strasse
Prenzlauer Allee
Saarbrücker Strasse
Metzer Strasse
Belforter Strasse
Kollwitzstrasse Knaackstrasse
Rykestrasse
Wörter Strasse
Sredzkistrasse
Husemannstrasse
10405
10405
10405
10405
10405
10405
10405
10405
10405
10435

The Real Estate Market Trends in Kollwitzkiez

The real estate market in Kollwitzkiez stands out due to significant advantages that make it an especially attractive place for property sales. Currently, there is much higher demand than supply in Kollwitzkiez, mirroring the situation in most other districts in Prenzlauer Berg. This housing shortage reflects the attractiveness of the location and makes selling real estate in this neighborhood particularly appealing.

The obligation for energy renovation

It concerns all property owners, under the Building Energy Act (GEG) that came into effect in 2020 and has been revised multiple times since. It is crucial that property owners do not take the obligation lightly. In case of non-compliance, a fine of up to 50,000 euros can be imposed.

In the event of a change of ownership, the new owner is obligated to comply with the requirements of the GEG. The new owner has two years from the move-in date to carry out these renovations.

Additional rules regarding the renovation obligation during the replacement of the heating system are scheduled to take effect from 2024.

Gentrification Phenomenon

Over the years, the neighborhood has captured the attention of affluent residents and artists, contributing to a cultural and economic renaissance. The gentrification in Kollwitzkiez is evident through the emergence of contemporary art galleries, trendy cafes, and stylish boutiques. While this has brought new vitality to the neighborhood, it also reflects shifts in social and economic dynamics. Property owners have seen the value of their assets rise, but it has also raised questions about housing affordability for longtime residents.

An Established and Solid Real Estate Market

Over the past 10 years, Prenzlauer Berg has experienced steady growth in real estate prices. This stability reflects the confidence of buyers and investors in the market, making it one of the most valuable neighborhoods in Berlin.

A Constant Demand

Over the past decade, the Kollwitzkiez neighborhood in Berlin has gained popularity among both local residents and real estate investors. The demand for housing in this area currently exceeds the supply, leading to a steady increase in prices in both the sales and rental sectors. Buyers are particularly interested in spacious apartments, characterful houses, and well-maintained properties, contributing to the creation of a dynamic real estate market.

Wilhelminian Charm

Kollwitzkiez is characterized by a harmonious urban landscape dominated by old buildings and Wilhelminian-style facades. This elegant architecture undeniably adds value to the properties in the neighborhood. All Wilhelminian-style buildings have been carefully renovated, ensuring a high quality of life for residents.

Consequences of the Pandemic (COVID-19)

The housing trend in Berlin has been influenced by the COVID-19 pandemic. An increasing number of people have sought to leave the city center for slightly more peripheral neighborhoods, offering a quieter living environment. The pandemic has heightened the importance of infrastructure such as green spaces and recreational areas. Additionally, with the shift to remote work, many individuals have looked for homes providing enough space to create comfortable home offices. Prenzlauer Berg offers a variety of apartments suited to this new reality.

The complexity of certain regulations

The regulation of the “Milieuschutzgebiet” in Berlin aims to protect established tenants against the risks of eviction related to abrupt rent increases. Selling real estate in these areas is subject to strict rules, including the municipality’s right of first refusal, which has two months to decide whether to purchase the property.

Potential buyers must adhere to certain conditions, such as municipal approval to convert a rental property into condominiums, which is rarely granted. Renovations also require municipal approval. Selling in these areas requires a thorough understanding of the regulations and the search for suitable clients, often interested in a long-term investment strategy.

Our agency is familiar with the regulations in force in the protected sectors of Berlin. With our in-depth expertise, we have the necessary skills to effectively market your real estate property.

The evolution of prices in Kollwitzkiez

The evolution of real estate prices in Kollwitzkiez over the past years reflects the increasing demand for properties in this sought-after neighborhood. Prices have experienced a steady increase, demonstrating the confidence of investors and potential buyers in the stability of the local real estate market.

Historic apartments have particularly garnered attention, with a heightened demand for properties that preserve the charm of the past while integrating modern amenities. This fusion of old and new creates opportunities for sellers to showcase the history of their property. Additionally, among all the micro-districts in Prenzlauer Berg, Kollwitzkiez is the most sought after, making it also the most expensive micro-district.

To provide a more precise idea of current prices, the average selling price for an unrented apartment in Kollwitzkiez ranges between €7,000 to €10,000 per square meter, compared to €5,300 in Berlin. These data confirm that Kollwitzkiez represents a robust real estate market where prices are significantly above the capital’s average. If you are considering selling your property in Kollwitzkiez, it can be an exceptional opportunity to capitalize on this upward trend and maximize the value of your property.

However, it is essential to keep in mind that property purchase prices can vary considerably based on various factors such as property size, condition, exact location, energy certification, and whether it is rented or not.

One crucial feature that can significantly influence the selling price of an apartment in Germany lies in its rental status, namely whether it is currently leased or not. The German real estate market is heavily influenced by some of the most tenant-friendly rental laws in Europe.

These regulations typically enforce long-term lease agreements, thus ensuring strong rights for tenants. In practice, if the apartment is already rented, it can create uncertainty about when the current tenant will vacate the premises. This uncertainty can potentially lead to a decrease in the selling price, as the buyer cannot be guaranteed a specific date for occupancy of the apartment.

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The Advantages of Selling in Kollwitzkiez

Kollwitzkiez is truly, for me, a place where creativity and architectural aesthetics are evident at every corner.

– Interview with a local resident.

Kollwitzkiez, with its charm and welcoming atmosphere, offers much more than just a place to reside. It is a lively neighborhood where daily life harmoniously blends with a myriad of amenities, leisure options, and activities that cater to the needs and desires of its residents.

If you are considering selling your property here, it is essential to understand how the neighborhood and its surroundings contribute to the value of your property.

Quiet Residential Neighborhood

Kollwitzkiez is characterized by a calm and peaceful atmosphere. Compared to some other lively parts of Berlin, it provides a more relaxed and less noisy ambiance, making it appealing for those seeking a tranquil living environment. It does not have the same level of intense traffic as some more central neighborhoods in Berlin. This contributes to a better quality of life by reducing noise and air pollution.

Leisure and Activities

“Anna Blume”: welcoming atmosphere, fine selection of pastries and teas.

Whether you’re an art enthusiast, a culture buff, or a gastronomy aficionado, Kollwitzkiez has something to offer everyone. Contemporary art galleries and small theaters create a dynamic cultural environment. Outdoor cafes provide the perfect setting for relaxation, while diverse restaurants offer international cuisine.

Community events, street festivals, and seasonal markets add a festive touch to life in Kollwitzkiez.

Neighborhood and Environment: The quality of life in Kollwitzkiez

Sustainability and Green Spaces

The neighborhood is committed to creating and expanding public green spaces. Projects aim to revitalize existing parks, plant more trees, and establish recreational areas. This provides residents of Kollwitzkiez with quality green spaces, promoting well-being and enhancing the ecological character of the neighborhood.

Infrastructure Development

Planned infrastructure projects in the area promise to enhance connectivity and accessibility to Kollwitzkiez. New public transportation options, bike paths, and road improvements are under consideration, aiming to facilitate residents’ mobility and strengthen the attractiveness of the neighborhood.

Sustainable Housing Projects

The shift towards sustainable and eco-friendly construction practices is increasingly evident in Kollwitzkiez. New housing projects incorporate environmentally friendly technologies, renewable energy systems, and ecological construction standards. This trend reflects the neighborhood’s commitment to a sustainable and future-oriented approach.

Cultural and Artistic Investments

Ongoing support for cultural and artistic initiatives translates into the creation of new spaces dedicated to artistic expression. Galleries are emerging, art festivals are establishing themselves, contributing to solidify Kollwitzkiez’s reputation as a dynamic cultural center within Berlin.

A sample of successful sales

Terrasse_Ansicht_1
  • Surface : 110m2
  • Prix : 650.000 €
  • Rue : Ueckermünder Strasse 11
apartment Prenzlauer berg
  • Surface : 71m2
  • Prix : 465.000 €
  • Rue : Dunckerstrasse 21
Apartment Prenzlauer Berg Erich-Weinertstrasse
  • Surface : 103m2
  • Prix : 749.000 €
  • Rue : Erich-Weinertstrasse 5
balcony apartment Prenzlauer berg
  • Surface : 74m2
  • Prix : 679.000 €
  • Rue: Kollwitzstrasse 68
Wohnzimmer_4_-_MAR29
  • Surface : 51m2
  • Prix : 299.000 €
  • Rue :  Kopenhagenerstrasse 77
Wohnzimmer+Ansicht+1
  • Surface : 50m2
  • Prix : 359.000 €
  • Rue : Pappelallee 82

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We have a broad network of experts. Whether you need a lawyer, notary, architect, appraiser or craftsman, we have the right contact for you.

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In our valuation, we deliver a deep analysis and present you all the aspects that will matter for selling your property. With that, we  suggest you the highest sale price for your property in Berlin and in Germany.

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Everything we do, we believe in going the step further in services and customers relationship. We believe in thinking differently and in going beyond the borders to deliver premium services.

Our services offer 360° consultancy, professional advises and a personal relation at every levels for owners selling their properties. The goal is to ease the process and to deliver our expertises at your need.

Berlin is a city we chose to live in and to work for, to share to others the passion we have for Berlin. Our passion is Berlin, our motto is service. Contact us today to learn how we can help you.

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Your personal real estate agent: Sarra Saddek +49 30 40 633 051 – contact@invest-ab.com

Our agency delivers a premium service for sellers and buyers. We provide a free valuation of your property in Berlin and in Germany. Our team will be at your side through all the steps of the selling process, from valuation till the signatures by the notary as well as for the the handover of the keys.

Take contact with us today. We are looking forward to helping you in your project.

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