Last Update: 25.10.2021

Berlin Properties Tiergarten 2021

In Tiergarten there are more animals in the zoo than inhabitants in the district. The Tiergarten district includes the government district, Potsdamer Platz, part of City-West and of course the "Große Tiergarten" as a public park. The real estate market is small, high-quality and dense.


Phoenix from the ashes

Tiergarten has been lucky in its misfortune. Although large areas of the district, which is now part of the administrative district of Mitte, were destroyed in the Second World War or fell victim to the megalomaniac Germania visions of the Nazis, Tiergarten is today one of the greenest, most versatile and most valued districts of Berlin. With the fall of the Wall, wasteland was reactivated and large-scale new buildings were constructed for the federal government's institutions. Many post-war buildings have been revitalised several times or are being replaced by new buildings. In addition to the government district, Tiergarten is also home to Potsdamer Platz, the Zoological Garden, Zoo Station, the Technical University and, of course, the Great Tiergarten, one of Berlin's most beautiful and largest parks.

Existing buildings

Median Asking price
7,120 EUR/m²
+26.60 %
Median Asking rent
19.50 EUR/m²
+3.10 %

New buildings

Median Asking price
10,580 EUR/m²
+26.50 %
Median Asking rent
22.00 EUR/m²
+13.20 %

Neighbourhoods in Berlin Tiergarten

The district Tiergarten belongs administratively to Berlin-Mitte. In the 50s of the last century the reconstruction of the district, which had been badly damaged by bombardment, began. With the Congress Hall on the Spree shore, the Philharmonic Hall, the State Library and the New National Gallery, Tiergarten is home to some of Berlin's most important cultural institutions. From 1997 the new German government quarter was built on the wasteland of the "Spreebogen". This was accompanied by the remodeling of the Reichstag building and the construction of Berlin's new main railway station. With about 15,000 inhabitants, Tiergarten is a small district. Most residents live in the Lützowstrasse quarter, including about 17.5 percent in owner-occupied residential properties. Of the total rental housing stock in the neighbourhood, around 13 percent is owned by municipal housing associations or cooperatives. The resulting high proportion of private landlords has motivated the Mitte district to submit the neighbourhoods in the southern Tiergarten to milieu protection in order to prevent the conversion of rented properties into condominiums. Many embassies, the Philharmonic Hall and the State Library are located in the areas north of the Landwehrkanal. To the west of the Lützowplatz the location qualities and thus the prices and rents are rising strongly. This area extends up to the green border of the "Tiergarten" park.

Property prices Tiergarten

Property prices in Tiergarten are increasing, especially in two quarters: The closer the residential areas move to the park in a westward direction and in the area of the newly developed quarter at the Gleisdreieck. Almost all quarters in Tiergarten have benefited from the developments of recent years; the shabby image of the streets south of the Landwehr Canal is a thing of the past. Despite the small size of the property market, the dynamics are high. The local housing market is very attractive for property and rent. With the completion of the new quarter on Flottwellstraße, high-income households were added to the quarter, benefiting the performance of neighbouring locations, which are catching up in price. Overall, post-war housing typologies and new constructions each account for about one third of the supply market. With 580 apartments offered in 12 months, Tiergarten still belongs to the smaller submarkets in Berlin. On average existing flats are currently offered with 7,670 EUR/m². Thus the prices have developed around 26.60 % compared to the same period last year. In the new construction segment 170 objects were brought to market in the 12-month period. The average listed price is 10,580 EUR/m², which corresponds to a price development of 26.90 % in 12 months. 

Price index Tiergarten

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Current quarter 7,120 EUR/m² - 10,580 EUR/m² -
1 Year 5,630 EUR/m² 26.60 % 8,360 EUR/m² 26.50 %
3 Years 4,370 EUR/m² 63.00 % 7,180 EUR/m² 47.30 %
5 Years 3,740 EUR/m² 90.50 % 5,850 EUR/m² 80.80 %
10 Years 2,000 EUR/m² 256.80 % 3,940 EUR/m² 168.50 %

Bird's eye view: Property Prices in Berlin Tiergarten

The Bubble Chart shows the supply situation of the last 12 months for the property market in Tiergarten. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.

Development of property price segments in Berlin Tiergarten

Development of the housing offer (existing apartments) in Tiergarten. The chart shows price increases and price segment shifts over the 10-year period.

Selling your property in Berlin Tiergarten

More than 15 years of experience and over 2000 sales mandates for apartments in Berlin guarantee the best possible results when selling your property. About 1000 national and international visitors inform themselves daily on our market reports about the housing market in the German Capital and actively search for Berlin real estate through us. Our reports are the link between your property and the buyer. 

We would be happy to advise you on the sale of your apartment in Tiergarten. Free of charge and without obligation.

Rental market in Berlin Tiergarten

With the dynamic development of the central residential market in Tiergarten, the rents when re-renting are also rising at an above-average rate. Under 430 offers of the last 12 months we have calculated an average offer rent of 19.10 EUR/m². This corresponds to a development of 3.10 %. New apartments are currently offered at approx. 22.00 EUR/m². New construction activity in the 12-month period was high: About 150 apartments came to the market. 

Rent index Tiergarten

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Current quarter 19.50 EUR/m² - 22.00 EUR/m² -
1 Year 18.90 EUR/m² 3.10 % 19.45 EUR/m² 13.20 %
3 Years 14.00 EUR/m² 39.40 % 16.90 EUR/m² 30.10 %
5 Years 10.75 EUR/m² 81.10 % 14.55 EUR/m² 51.10 %

Bird's eye view: Asking rents in Berlin Tiergarten

The Bubble Chart shows the supply situation of the last 12 months for the property market in Tiergarten. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.

Development of rental price segments in Berlin Tiergarten

The chart shows the changes in the price structure of the district based on four price segments. How many apartments were offered in the different price segments? The line shows the development of the average offer price per square metre across all apartment types and price segments for existing apartments.

Apartment buildings in Berlin Tirgarten

Building owners in Tiergarten can participate in the dynamics of the real estate market either through flat sales after conversions or through global sales to buyers with long-term planning horizons. New conversions are prevented by the application of the conversion ordinance in milieu protection areas and until 2025 by § 250 BauGB for owners. The focus for sales of apartment buildings in Tiergarten must therefore be on investors with a long-term development investment strategy. Properties with residential and commercial use are particularly interesting in this context.

The building stock in Tiergarten is just under 530 buildings. Three- and four-room flats dominate the housing stock, which comprises about 8,200 units. The Tiergarten-Süd neighbourhood, which runs between the Landwehr Canal and Kurfürstenstraße, was placed under a preservation statute (milieu protection) in December 2018. In this area in particular, the thinning out of the building stock due to war and "urban planning" under the National Socialists is recognisable. Overall, there are few sales figures for the neighbourhoods in Tiergarten. The achievable purchase prices for apartment buildings are determined less by the quality of the location than by the right sales, contract and development strategy. Consult our house on this.

The table shows the values for multi-family houses published by the German Real Estate Association (IVD) for Mitte by location and year of construction.

Construction era Simple to medium locations Medium to good locations
1900 - 1949 2.300 - 3.200 EUR/m² 3.200 - 4.400 EUR/m²
1950 - 1978 1.900 - 2.800 EUR/m² 2.600 - 3.400 EUR/m²
1979 - 2000 2.100 - 3.000 EUR/m² 2.800 - 3.700 EUR/m²
since 2001 2.500 - 3.500 EUR/m² 3.500 - 4.600 EUR/m²
Source: IVD Immobilienpreisservice 2020/2021

Trend in Berlin Tiergarten

There are only a few locations that deserve the title " exponated " as much as Berlin-Tiergarten. More than 50 percent of the district is covered by parkland, and in addition to the Federal Chancellery several embassies, the Bellevue Palace, the Reichstag building, "half" Potsdamer Platz, the Philharmonie and the State Library are also located in Tiergarten. It couldn't be more prominent. In fact, the housing market is very clear. For the reasons mentioned above (protection of the environment, small building stock), involvement in Tiergarten is not a day-to-day business. Wherever possible, the quality of the location overrides all other parameters, regardless of the micro-location and usually also the condition of the property. Acquiring a property in Tiergarten is an extremely valuable strategy. 

Building activity in Tiergarten

Over one third of the Tiergarten district consists of spacious park areas and is divided into 5 statistical planning areas LOR (Lebensweltlich orientierte Räume). With around 8.500 residential units, Tiergarten has the lowest housing stock in Berlin. The average apartment size of 67.4 m² indicates a high proportion of small apartments. According to statistics, the household size is 1.72 persons while the calculated household size is 1.84 persons per household.

Construction activity in Tiergarten is high in relation to the housing stock. When and in which quarters (LOR) construction completions were reported, can be seen from the map. (Source: Amt für Statistik Berlin-Brandenburg)

Milieu protection

In Tiergarten one milieu protection area according to BauGB is currently established.

Milieu protection area In force since Area in ha Extended Last update
Tiergarten-Süd 2018 72.0 - -

Milieu protection map Tiergarten

Check in our milieu protection map Berlin whether your property is located in a protection area, an investigation area or a suspected area. Our milieu protection map is continuously revised and updated on basis of the resolutions of the district assemblies (BVV). Please also visit our milieu protection area for further information.

General background

The housing stock in the central Tiergarten district actually amounts to just over 500 buildings. This makes Tiergarten the smallest district in our evaluations. Geographically, Tiergarten is one of the best locations in the City West. However, only four quarters with almost 15,000 inhabitants raise the question in which segment investments are available. As a result of the introduction of the Tiergarten-Süd milieu protection area (see above), we see opportunities almost exclusively in new residential construction or in the transformation of buildings. The existing post-war development enables a revitalisation or substitution of the existing buildings in the long term and within limits. From an investment point of view, properties in Tiergarten are an enrichment for any portfolio. 

Population by nationality


In terms of internal relations, it can be seen that the majority of relocations come from Mitte, Charlottenburg, Schöneberg and Wilmersdorf. The profile of the neighborhoods in the 5-year period is completely different with regard to international migration. A preference by cultural or country-specific communities cannot be made out.

  • All migrations
  • International
  • National
  • Suburban
  • Binnen
  • Hotspot

This report was last updated on 25.10.2021 .


The Guthmann Market Report is a semi-automated report about the property market in Berlin. All information has been carefully researched and is given to the best of our knowledge and belief. We assume no liability for completeness, deviations, changes and errors. Our report does not represent an investment recommendation.


Amt für Statistik Berlin-Brandenburg: Einwohnerregisterstatistik (Bewegungsdaten), Fortschreibung des Wohngebäude- und Wohnungsbestandes, Ergebnisse des Haushaltegenerierungsverfahren KOSIS-HHGen, Baufertigstellungen. IMV GmbH: Rohdaten Preise und Mieten. Senatsverwaltung für Stadtentwicklung und Wohnen: Umwandlungsdaten (2018), Geoportal Berlin (FIS-Broker). Immobilienverband Deutschland IVD (2018/2019): Immobilienpreisservice 2018/2019.


Housing deficit (Treemap): The Statistics Office updates the household data based on the 2011 micro-census. Determination of household count and statistical household size via household generation procedures (KOSIS). We calculate the real household size / housing deficits via the ratio number of inhabitants to number of apartments.
Purchase prices and rents (charts and reports): Calculation of the median on the basis of raw data, own visualization.
Migrations: Aggregation and visualization based on transaction data.


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