Full Description

CLOSE TO CHARLOTTENBURG CASTLE.

Fine standing residence that represents the charming characteristic architecture of the 1930's. Olbersstrasse is situated in the neighbourhood of Berlin's Charlottenburg Castle. Due to a recent renovation that included water and gas pipes, the facade, the roof as well as the windows, Olbersstrasse offers its tenants a high standard of living. The public transportation system can be reached easily and allows for quick access to popular recreational areas. This development is considered to be an official Berlin monument and is protected as such. Unique architecture, monumental classification, quality renovation and an excellent location make this development one of the most interesting in all of Berlin.

Charlottenburg is known as the cultural and economical centre of Berlin's western section. The nearby Kurfuerstendamm is Germany's largest shopping street and a tourist hotspot. A myriad of boutiques offering anything and everything one could possibly ask for and some of Berlin's major sightseeing spots are the reasons why thousands of people flock to Kurfuerstendamm every day. Charlottenburg Castle and its lovely park area, which is just a 10 minute walk away from Olbersstrasse, are visited by tourists as well as Berliners during any season.

Berlin's property market is currently one of the most interesting for investors in all of Europe. Even though prices are currently rising, the price-performance ratio is excellent compared to other markets of this quality. Now is the perfect time to join the Berlin property market and benefit from the combination of low prices and excellent forecasts.

Key selling points and investment justifications:

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

Olbersstrasse
Germany, Berlin, Charlottenburg

Studio 47m2 to 51m2 - 59400 to 63180 euros,
One Bedroom 59m2 to 67m2 - 73872 to 93422 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 7.34%