Full Description

RARE OPPORTUNITY IN CENTRAL LOCATION.

The building itself was built in the 1920's and features a beautiful architecture that is common in this district. The building boats recently refurbished staircases and facades and boasts an excellent central location with easy access to the public transportation system. High rental demand for this development is guaranteed. Wittelsbacher is situated in the heart of Berlin's Charlottenburg district.

The neighbourhood of Wittelsbacher is one of the most popular in all of Berlin. Kurfuerstendamm is just 700 meters away and offers endless shopping possibilities. The memorial church and the Berlin Zoo are just two major sights located in Charlottenburg. Right around the corner of this development one can find a train station that connects travellers to the rest of the city. A lovely park is just a few minutes away by foot and offers an excellent nearby recreational opportunity.

Germany features stable growth and offers investors great forecasts for economical development. Significant price increases are expected over the next 5-7 years. Compared to London or Paris, real estate in Berlin is undervalued with prices at EUR 1,000 - 3,000 per sqm in many excellent areas. Now is the time to buy in Berlin!

Key selling points and investment justifications:

• Recently renovated development
• Popular neighbourhood
• High rental demand in this area
• Easy access to public transport
• Numerous shopping possibilities
• Property is located in one of the best areas of Berlin
• Rare opportunity to buy under current market value in this district
• Moderate risk investment as property is tenanted
• Closing cost approximately 8% max. including notary, solicitor, property tax and registration fees

Wittelsbacher
Germany, Berlin, Wilmersdorf

Studio 40m2 to 47m2 - 57395 to 58428 euros,
One Bedroom 39m2 to 69m2 - 54475 to 86184 euros,
Two Bedrooms 70m2 to 100m2 - 87156 to 131881 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 7.83%