Price comparison

Berlin or Florence: Florence is cheaper.

According to Numbeo, a square metre of a flat in central Florence costs around 6,414 US dollars, in Berlin around 8,475. Berlin is therefore around 32 percent more expensive.

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In brief

Buying a flat in Berlin or Florence: the price difference

Buying 80 square metres in Florence costs around 513,120 US dollars according to Numbeo, in Berlin around 678,000 US dollars. The gross rental yield in the centre is also higher in Florence: Numbeo gives 5.29 percent against 3.76 percent in Berlin.

What speaks for Berlin is the ratio to income. Numbeo gives a price-to-income ratio of 9.86 for Berlin and 12.93 for Florence. Measured against local incomes, a flat in Berlin is therefore easier to afford.

How much living space do you have in mind?

80m²

Purchase price for your living space, flat in the city centre, in US dollars
City	USD per m²	USD total
Florence	6,414	513,120
Berlin	8,475	678,000
Difference		164,880

Source: Numbeo, price per square metre for a flat in the city centre in US dollars, retrieved on 03/11/2026. Numbeo figures are based on user submissions; they are not official statistics and show the order of magnitude, not the price of an individual flat. Prices in central Berlin are above the city average. Price-to-income ratio and gross rental yield in the centre: Numbeo, the city's property price index, retrieved on 03/11/2026. The buying costs come from the BBI guide to buying costs in Berlin. This page is not investment, legal or tax advice.

Examples

Purchase prices for typical flat sizes

Purchase price by living space, flat in the city centre, in US dollars
Living space	Florence	Berlin	Difference
40 m²	256,560	339,000	82,440
60 m²	384,840	508,500	123,660
80 m²	513,120	678,000	164,880
100 m²	641,400	847,500	206,100
120 m²	769,680	1,017,000	247,320

Your budget

What your budget buys in Berlin

This is how much living space you get in Berlin for the price of a flat in Florence:

60 square metres in Florence equal about 45 square metres in Berlin.

80 square metres in Florence equal about 61 square metres in Berlin.

100

100 square metres in Florence equal about 76 square metres in Berlin.

Including buying costs

With buying costs, Florence remains cheaper.

For 80 square metres, Berlin adds around 74,580 to 78,648 US dollars in buying costs, around 752,580 to 756,648 US dollars in total. The bare purchase price in Florence is around 513,120 US dollars, plus the buying costs there.

All items of the buying costs in Berlin

Frequently asked questions

Berlin or Florence: frequently asked questions.

Answers as of 3 November 2026

Is a flat in Berlin cheaper than in Florence?

No. According to Numbeo, a square metre of a flat in the centre costs around 8,475 US dollars in Berlin and around 6,414 in Florence. Relative to income, however, Berlin is cheaper: the price-to-income ratio is 9.86 in Berlin and 12.93 in Florence.

How much living space do I get in Berlin for my Florence budget?

For the price of 80 square metres in Florence (around 513,120 US dollars) you can buy around 61 square metres in Berlin.

What buying costs apply in Berlin?

With an agent, around eleven to twelve per cent of the purchase price: 6.0 per cent real estate transfer tax, around 1.5 to 2.0 per cent for notary and land register and usually 3.57 per cent commission including VAT.

Can foreigners buy a flat in Berlin?

Yes. Nationality and place of residence do not matter for the purchase. The hurdles are in the financing, not in the purchase itself.

Keep comparing

Berlin compared with other cities

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