Price comparison
Berlin instead of Madrid: only 94 percent of the price.
According to Numbeo, a square metre of a flat in central Madrid costs around 9,037 US dollars, in Berlin around 8,475. In Madrid you pay 1.1 times as much.
Madrid: Palacio Real (Royal Palace). Photo: Alvesgaspar, CC BY-SA 3.0, cropped
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In brief
Buying a flat in Berlin or Madrid: the price difference
Buying 80 square metres in Madrid costs around 722,960 US dollars according to Numbeo. In Berlin the same space costs around 678,000 US dollars. With the budget for 80 square metres in Madrid you get around 85 square metres in Berlin. Berlin adds around 11 to 11.6 percent in buying costs, including 6.0 percent real estate transfer tax. Foreigners may buy in Germany without a German residence.
Per square metre you pay around 562 US dollars more in Madrid than in Berlin, a premium of 7 percent. For the same amount, Berlin offers somewhat more living space.
Frequently asked questions
Berlin or Madrid: frequently asked questions.
Answers as of 3 November 2026
Is a flat in Berlin cheaper than in Madrid?
Yes. According to Numbeo, a square metre of a flat in the centre costs around 8,475 US dollars in Berlin and around 9,037 in Madrid. Berlin is therefore at 94 percent of the price of Madrid.
How much living space do I get in Berlin for my Madrid budget?
For the price of 80 square metres in Madrid (around 722,960 US dollars) you can buy around 85 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.
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