Full Description

HIGH RENTAL INCOME IN POPULAR BOROUGH.

Originally built in 1958, this residence is in excellent condition thanks to continuous and thorough renovations and offers a private and calm inner courtyard with numerous trees. The area around Gallwitzallee is a quiet and comfortable living area with the city park of Steglitz and a shopping area nearby. Steglitz is very popular for Berlin residents because of the number of recreational areas and its good connection to the city centre.

As Berlin still features property prices at a fraction of the acquisition costs paid in London or Paris, Germany's capital has the largest real estate potential among western markets. This is your chance to enter this attractive and evolving market still at an early stage and below actual market prices, so act quickly!

Key Selling Points:

- Very good state of maintenance
- Very good rental income
- Purchase price is below actual prevailing market value
- Cash buyers only
- Closing cost ca. 8% max. including notary, solicitor, property tax and register fees

Gallwitzallee
Germany, Berlin, Steglitz

One Bedroom 50m2 to 55m2 - 65670 to 72916 euros,
Studio 30m2 to 37m2 - 40246 to 48840 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 8.0%