Berlin is a major metropolis and the capital city of Germany, situated in the northeastern part of the country. The city lies on the River Spree and is home to several large bodies of water, including Großer Wannsee and Lake Tegel, with its terrain rising to its highest point at Arkenberge. As Germany's seat of government and a key administrative hub, Berlin supports a vast institutional economy. It is a major centre for higher education, hosting institutions such as Humboldt-Universität zu Berlin, Freie Universität Berlin, and Bard College Berlin, and is served by Berlin Brandenburg Airport.
Property in Berlin is expensive, with prices sitting well above the average for Germany. The local housing stock is distributed across several distinct neighbourhoods, with Friedrichshain holding the largest share of homes. For those seeking the most prestigious addresses, Berlin-Mitte is by far the most expensive district, with property prices there dwarfing those in the rest of the city. More affordable housing options are concentrated in districts like Britz, Wedding, and Moabit, where prices sit far below the city-wide average.
