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SELL YOUR PROPERTY IN SAMARITERVIERTEL

Market, opportunities, and trends.

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The charming micro-district of Samariterviertel is nestled in the heart of Friedrichshain, Berlin. Also known as Samariterkiez, it stands as the largest neighborhood in Friedrichshain with approximately 17,000 residents.

Samariterviertel is characterized by its colorful, peaceful, and artistic ambiance, striking a perfect balance between urban dynamism and a family-friendly atmosphere. This neighborhood offers a rich community spirit and a variety of cultural attractions.

The true essence of Samariterviertel lies in its history of renovation two decades ago (1993-2008). This period saw a wave of revitalization that attracted new residents in search of authentic charm and modernity. This transformation not only breathed new life into the neighborhood but also contributed to the rise in property prices, reflecting the increasing demand for this unique location.

If you are considering selling your property in Friedrichshain, this article provides an overview of the reasons that make this neighborhood an attractive choice for real estate sellers.

Discover how our international agency can expertly guide you through this real estate sales adventure in Friedrichshain. Welcome to exploring the real estate market in the heart of the capital.

The History of Samariterviertel: Evolution of the Real Estate Market

The history of Samariterviertel dates back several centuries; it is within this historical framework that the neighborhood draws its unique charm.

The neighborhood emerged in the late 19th century around the livestock market and slaughterhouse opened in 1881. The Samariterkirche church, built between 1892 and 1894, was one of the first buildings in the neighborhood. While the area was initially rural, Samariterviertel experienced phases of transformation, reflecting the social and economic changes of its time. Urbanization in the 19th century left its mark with the addition of iconic buildings with ornate facades, representative of the architectural style of the time. These structures have stood the test of time, thus preserving the visual heritage of the neighborhood.

Like many other urban neighborhoods, Samariterviertel did not escape the challenges of the 20th century. Wars, economic changes, and social movements have left scars, but the resilience of the community has always prevailed. In the decades that followed, the neighborhood experienced a renaissance, attracting a new generation drawn to its authenticity and distinctive character.

Today, Samariterviertel embodies the balance between past and present. Historic buildings coexist harmoniously with modern spaces; the neighborhood appeals to both residents and visitors. Heritage preservation initiatives have helped maintain the essence of the neighborhood while promoting contemporary dynamism.

The history of Samariterviertel continues to be written, with urban development projects seeking to preserve its heritage while fostering its development. Commitment to preserving its cultural and architectural identity offers promising prospects for future generations.

The geographical location of Samariterviertel

The proximity of Samariterkiez to some key neighborhoods of Berlin makes it a particularly attractive location for real estate agents. Among these neighboring areas are Boxhagener Platz, known for its lively market and vibrant artistic scene, as well as Simon-Dach-Straße, a street renowned for its many trendy bars, restaurants, and shops. This privileged situation provides residents of Samariterkiez with easy access to a multitude of cultural activities, entertainment, and amenities.

Regarding public transportation, Samariterkiez benefits from excellent accessibility. Several subway stations, such as Samariterstraße and Frankfurter Tor, are located nearby, allowing residents to move quickly and efficiently throughout the city. Additionally, well-serviced bus lines offer additional transportation options, thus enhancing the connectivity of this neighborhood.

Road connections are also a major asset for residents. Samariterkiez is well served by a well-developed road network, facilitating car travel and ensuring quick access to major highways.

In summary, the location of Samariterkiez in the heart of Friedrichshain, its proximity to dynamic neighborhoods, its easy access to public transportation, and its excellent road connections make this neighborhood an attractive choice for real estate agents and future residents.

The microdistrictMain StreetsPostal Codes
SamariterkiezSamariterstrasse
Dolziger Strasse
Samariterstrasse
Voigtstrasse
Schreinerstrasse
Bänschstrasse
Rigaer Strasse
Eldenaer Strasse
Proskauer Strasse
Rigaer Strasse
Silvio-Meier-Strasse
Pettenkoferstrasse
10247
10247
10247
10247
10247
10247
10247
10247
10247
10247
10247
10247

The Real Estate Market Trends in Samariterviertel

In the realm of real estate transactions in Berlin, the Samariterviertel neighborhood is increasingly emerging as a preferred option, currently holding a privileged position in the market. It is becoming essential, therefore, to grasp the current trends and opportunities in order to make informed decisions. This analysis provides an overview of the dynamics at play.

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.

An Established and Solid Real Estate Market

Over the past decade, real estate prices in Friedrichshain have experienced a steady increase, thereby demonstrating the stability and confidence of both buyers and investors in the market. Indeed, we have seen a transition from approximately 2,800 euros per square meter to around 6,000 euros. This progression has positioned Friedrichshain as one of the most sought-after neighborhoods in Berlin.

A Constant Demand

Friedrichshain experiences persistent demand in the real estate market, attracting a diversity of buyers. Demand, especially for unoccupied housing, remains strong, with a notable housing shortage in most micro-districts of Friedrichshain. Proximity to the city center, modern amenities, and the neighborhood’s cultural richness contribute to maintaining this attractiveness. Additionally, Friedrichshain attracts interest not only from local buyers but also from foreign investors. This persistent demand clearly reflects the neighborhood’s growing expansion, significantly increasing the likelihood of quickly finding a buyer for your property.

Investments in infrastructure

Investments in local infrastructure also contribute to real estate market trends. Improvements in public transportation, the addition of public amenities, and newly developed green spaces enhance the appeal of Samariterviertel, positively influencing property values.

Evolution of Buyers Profiles

There is an evolution in buyer profiles in Samariterviertel. While the neighborhood continues to attract young professionals and artists due to its creative atmosphere, there is also a growing interest from families seeking an urban living environment with modern amenities nearby.

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 Samariterkiez

The evolution of real estate prices in the Samariterkiez neighborhood in Friedrichshain over the past years reflects the increasing demand for properties in this sought-after locality. Prices have steadily increased, reflecting the confidence of investors and potential buyers in the stability of the local real estate market.

Apartments have particularly garnered interest, with a growing demand for properties that preserve historical charm while integrating modern amenities. This harmony between the old and the new provides sellers with the opportunity to showcase the history of their property.

To provide specific data on current prices, the average selling price for an unoccupied apartment in Samariterkiez currently ranges between €5,500 and €7,500 per square meter (with an average of €6,500), compared to €5,300 in Berlin. For a rented apartment in Samariterviertel, the price ranges between €3,500 and €4,700 per square meter.

These figures confirm that Samariterkiez represents a robust real estate market, with prices significantly above the capital’s average. If you are considering selling your property in Samariterkiez, this may be an exceptional opportunity to capitalize on this upward trend and maximize the value of your property.

However, it is important to keep in mind that the purchase prices of real estate can vary considerably depending on various factors (such as property size, condition, precise location, energy certification, rented or not…). For example, there may be old but renovated apartments with modern features that sell at higher prices, just as there may be modern apartments at more affordable prices.

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

These regulations typically impose long-term lease contracts, thereby guaranteeing strong rights to tenants. In practice, if the apartment is already rented, this 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 assured of a specific date of occupancy of the apartment.

Finally, the choice of neighborhood, or even micro-neighborhood, represents one of the most determining criteria in terms of real estate value. Regarding Friedrichshain, the micro-neighborhood of Samariterviertel was designated as a heritage preservation area in 2021. This has led to a revaluation of the neighborhood, resulting in a constant increase in real estate prices over the years, with demand remaining high.

Key figures about Friedrichshain

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The Advantages of Selling in Samariterkiez

I love living in Samariterkiez for its colorful and artistic buildings. I enjoy taking walks near the Samaritan Church, the emblem of the neighborhood.

– Interview with a local resident.

Samariterkiez is one of the most attractive micro-neighborhoods in Friedrichshain, notably due to its numerous unique advantages. For those looking to sell their property, here are some points to consider:

 

Green areas

Forckenbeckplatz

Forckenbeckplatz

Forckenbeckplatz: Nestled in the heart of Samariterkiez, it stands out as a central square surrounded by a rich architectural diversity, harmoniously blending historical buildings and modern structures. Spanning over a rectangular area of 24,300 square meters, this square offers much more than just a meeting point. Residents consider it a cherished relaxation space, with its large elevated lawn, a playground for children, a basketball court, a paddling pool for the little ones, as well as a small fenced dog park, creating a versatile and welcoming place for the community.

The Cultural Wealth of Samariterkiez

Friedrichshain, an essential creative district of the capital, harbors a dynamic cultural scene reflecting urban diversity and vitality. This urban enclave significantly contributes to Berlin’s cultural life, thanks to a variety of artistic expressions and cultural events.

Villa Kuriosum: Located in Samariterkiez, the “Villa Kuriosum” is an alternative artistic space that stands out for its creative atmosphere. This villa, transformed into a venue for artistic expression, provides a fertile ground for unique art installations and innovative performances. Visitors can explore the constantly evolving exhibitions and installations. The Villa Kuriosum plays an important role in the local art scene by offering a space where creative expression can flourish, thus enriching the cultural life of Samariterkiez.

Samariterkirche: Built in the early 20th century, the Church of the Good Samaritan or “Samariterkirche” in German represents a symbolic landmark and a community gathering place for the neighborhood residents. Whether seeking solace or simply admiring its architecture, Samariterkirche remains an indispensable element of Samariterkiez’s landscape.

Neumanns Café, Gabriel-Max-Str. 18, 10245 Berlin.

Neighborhood and Environment: The quality of life in Samariterviertel

Ideal Location

Ideally located in Friedrichshain, Samariterviertel offers quick and easy access to the city’s main attractions. Residents can enjoy the proximity of numerous shops, restaurants, cafes, and bars in the neighborhood and throughout the Friedrichshain area. Exceptional transport connections, including metro, tram, and bus networks, make it easy to travel to other neighborhoods for work or leisure.

Changing Demographics

Friedrichshain is distinguished by a demographic reflecting the diversity that characterizes this part of the city. Indeed, it is marked by its youth, particularly in the eastern part of the neighborhood. It is often associated with an artistic and creative scene, while the older part in the west offers a different perspective of the neighborhood.

The constant influx of young buyers and students has a significant impact on the local dynamics. The combination of an educated population and increasing purchasing power also influences the commercial and cultural development of the neighborhood.

Welcoming atmosphere

Samariterkiez is often described as a friendly neighborhood where residents know each other, offering a sense of community. More broadly, Friedrichshain is distinguished by its social diversity, attracting residents from various backgrounds. This characteristic lends the neighborhood a dynamic community. The social diversity translates into a tangible cultural richness, reinforcing the community fabric.

A sample of successful sales

boxhagener apartment
  • Area: 73m²
  • Price: €395,000
  • Street: Boxhagener Straße
gabriel marx strasse
  • Area : 42m2
  • Price : € 265.000
  • Street : Gabriel-Marx- Strasse 1
sorauer strasse
  • Area : 134m2
  • Price : € 710.000
  • Street : Sorauer Straße
karl marx allee
  • Area : 57m2
  • Price : € 349.000
  • Street : Karl-Marx-Allee 113
oppelner strasse
  • Area : 73m2
  • Price : € 450.000
  • Street : Oppelner Str 32
krossener
  • Area : 61m2
  • Price : € 309.000
  • Street : Krossener Strasse 22

Choose your micro-district in Friedrichshain

YOUR PROFESSIONAL ESTATE AGENCY

Find the right buyer today thanks to our professional and international services.

Free valuation service

You will be competently and comprehensively advised for selling your property. We quickly organize a personal meeting. You will receive a free real estate evaluation after our viewing of the property.

Expertise & Efficiency

We create a meaningful presentation for your property in German, French and English. The property is professionally staged by an experienced real estate photographer. We market these nationally and through our international real estate network in order to find the buyers and to achieve the best price for you.

Sale process & international clients

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

Through our international clients and agents, we promote your property to find the best buyer at the highest price.

The best price

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.

Agency Fee

By law the agency fee in Germany is spitted equally between the buyer and the seller.

Why to trust us?

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.

Contact us via the formula to arrange a personal meeting

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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