Berlin Rents : 1 sqm for 2 DM

I am sure you heard already that rents are super cheap in Berlin. Some people still have rent contracts from 40 years ago. Like the people in this building here.

BerlinBuilding

 

They pay 2 DM (Deutsche Mark) or 1 EUR for 1 square meter living space! By the way. This building not somewhere outside the city. This building is in Berlin Mitte (Downtown). They pay for 100 square meter 100 EUR / Month.

The building looks a little bit damaged. The reason for that is, that the tenants are declining any kind of renovation / improvement on the building. Because if they would agree to renovate the building than the land lord could raise the rent to current standards. And than they would pay 6 or 7 times more rent. Still much cheaper than in San Francisco or New York.

I would like to pay 100 EUR for a 100 square meter apartment in Berlin Downtown 🙂

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