Commission-free Apartments to buy in Teltow

The city's motto is quite appropriately "Tradition meets technology".

The impressive economic development of the city in the district of Potsdam-Mittelmark is particularly evident in the large increase in population since 1990, from a good 15,000 at that time to currently almost 24,000 people, and thus by 35 percent. The region's development into a popular residential and business location was and still is favored by its proximity to both Berlin and Potsdam. It is only 20 kilometers to the center of Berlin and only 17 to downtown Potsdam. These favorable geographical conditions were also decisive for the opening of the 600,000 m² "Techno Terrain Teltow" (TTT) industrial park as early as 1990, where the "Technologiezentrum Teltow (TZT)" (Technology Center Teltow) has also been located since 1991 as the first innovation and start-up center in the state of Brandenburg. More than 140 companies from the future-oriented sectors of telematics, sensor technology, automation, electronics, microstructure technology, biotechnology, biomedical technology, environmental analysis and environmental technology have been founded there since then, six of which have even been able to snatch the renowned Berlin-Brandenburg Innovation Award. The many jobs that have thus been created over the years have naturally also led to a great demand for residential and commercial space. Accordingly, rental prices in particular have risen quite sharply, currently a good 10 euros/m² for apartments. The purchase prices for condominiums, which have been falling for about three years, average 1,700 euros/m² and are now below the state average (about 1,900 euros/m²), are somewhat different.

A wide range of basic, medium and good locations in the urban area

With regard to this purchase price, which appears quite favorable at first glance, however, a strong distinction must be made in Teltow with regard to the individual and quite different residential locations. Particularly in the "Seehof" neighborhood bordering the Berlin district of Steglitz-Zehlendorf and its suburb of Lichterfelde-Süd, newly built apartments can easily cost around 2,500 euros/m² and more. The proximity of this location to the Teltowkanalalaue, where in addition to residential buildings a city harbor is also to be built in the future, will probably further enhance the residential area. Other good Teltow residential locations with prices between around 1,100 and 1,800 euros/m² include the redevelopment area in the old town around the market square, Potsdamer Strasse, Hoher Steinweg, Zeppelinufer, Ritterstrasse and Bäckerstrasse, the central area between Heinersdorfer Weg and W.-Leuschner-Strasse north of the S-Bahn station, the streets around Kanada-Alle and the western part of the Musikerviertel north and south of Richard-Wagner-Strasse. By contrast, mid-range residential locations with prices between around 1,000 and 1,500 euros/m² can be found north of Mahlower Strasse, on both sides of Ruhlsdorfer Strasse, on Siedlerweg, Zehnrutenweg and Osdorfer Strasse, and around Mühlenbergstrasse. Simple residential locations in Teltow, with prices in some cases still below 1,000 euros/m² for apartments, are the area east of the railroad line around Pestalozzistrasse, the areas between Potsdamer Strasse and Paul-Singer-Strasse, along Enzianweg and in the southern district of Ruhlsdorf.

The nearby and new airport will continue to drive up real estate prices

In view of the good economic development in the entire district of Potsdam-Mittelmark, most real estate experts also expect prices for condominiums of all types and sizes to tend to rise in the medium to long term for the city of Teltow due to its proximity to the future capital city airport BER. already now, the two municipal companies Teltower Wohnungsbaugenossenschaft (TWG) and Wohnungsbaugesellschaft Teltow (WGT) are experiencing sustained strong demand for their approximately 4,000 apartments, most of which, however, are still on the market as rental apartments. Municipal new construction projects such as the "Mühlendorf" development site with 500 planned residential units and the area between Heinersdorfer Weg and Martin-Niemöller-Strasse with several planned apartment buildings are also expected to provide some condominiums. In the already older residential areas of "Ruhlsdorfer Platz," "Flussviertel" and "Neue Wohnstadt," on the other hand, there is a fairly large selection of existing properties, some of which have been extensively and lavishly refurbished for energy efficiency. It is precisely the fact that in Teltow, despite the strong population growth, almost two-thirds of the urban area is still designated as forest, sports, green, water and biotope areas that make the city and its surrounding area so attractive and worth living in. Popular excursion and local recreation areas are, for example, the Busch or Holland meadows including their poplar forest rich in wildlife in the south, the Röthepfuhl fishing area in the Ruhlsdorf district and the Kiebitzberge in neighboring Kleinmachnow with an open-air swimming pool, various sports facilities and a toboggan hill.

Short facts apartments for sale in Teltow:

- Teltow is one of the fastest growing cities in Berlin's "Speckgürtel"
- The technology park provides jobs and strong demand for housing
- While rents are currently rising sharply,the purchase prices are still moderate
- The redevelopment area Altstadt and the Teltowkanalaue are considered promising
- The locations near the state border are expensive, cheaper is the east of the city
- In the construction area "Mühlendorf" there are single-family houses and condominiums
- The entire surrounding area of the city convinces with a lot of green and beautiful landscapes