Full Description

SOLID INVESTMENT IN UPSCALE NEIGHBORHOOD.

This is a fantastic opportunity to invest in an upscale district of Berlin. Discover this up-to-date residence, having been regularly renovated over the past 10 years, offering 9 apartments that are also in excellent condition. Shopping facilities for daily needs are nearby and the public transportation system is easily accessible as well as the inner city highway.

One of the famous shopping areas of Berlin called Schlossstrasse is within 5 min from the residence offering a huge number of shopping centres with a variety of trendy boutiques as well as various museums and theatres offering many different cultural activities. Berlin's largest lake, Lake Wannsee is also located close by. This unique ensemble definitely marks this district as one of the most enjoyable to live in.

Iinvest with moderate risk in this upscale district of Berlin and purchase this exceptional Buy to Let residential property by making a deposit of 5% that is fully refundable. A self managed investment or property management services are not contractually guaranteed but will either be arranged for the investor, sourced on the open market, or arranged by the investor directly.

Key selling points and investment justifications:

- Located in one of the most desirable area of Berlin
- Recent modernization - no maintenance issues in the next years
- Purchase price is below actual prevailing market values
- Financing available up to 60 % Loan to value
- Closing cost of approx. 8% including notary, solicitor, property tax and registration fees

Binger Strasse
Germany, Berlin, Steglitz

Studio 48m2 to 54m2 - 63003 to 71702 euros,
One Bedroom 61m2 to 62m2 - 80876 to 81840 euros,
Two Bedrooms 90m2 to 90m2 - 118866 to 119275 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 8.36%