Full Description

Key features:
• 6% rental guarantee for 3 years.
• Located in the heart of one of Europe’s finest cities.
• High capital appreciation expected with prices currently well below similarly located properties in other major European cities such as Paris, London and Barcelona.
• Rentals are effectively guaranteed for the foreseeable future with over 80% of Berliners currently renting property.
• Close to local trains, bus networks and located close to one of Berlin’s 3 International airports.
• Mortgages available. We have sourced mortgages up to 70%, normally in Berlin it is not possible to get anything higher than 50%.

Development overview:
Centrally located, fully refurbished apartments complete with kitchens and bathrooms. These stylish city centre apartments come with a guaranteed rental return of 6% for 3 years and will be managed by one of Berlin’s largest and most respected management companies who have over 6,000 properties on their books with over 85% occupation.

The development itself is located on a residential street close to some of Berlin’s most attractive tourist destinations, shops, cafes and bars. It is also located in the same district as one of Berlin’s 3 main airports - Tempelhof Airport, and is ideally located for access to Berlin’s world renowned public transport system.

Location:
Tempelhof is a green and vivid district. It combines the central Schoeneberg area, where John F.Kennedy delivered his famous speech with the famous sentence “Ich bin ein Berliner”, and also the outer Tempelhof where the city airport is located. The street Tauentzienstrasse where the very popular department store KaDeWe is located is the most visited shopping street in Berlin. The area also offers countless bars, cafes, restaurants and a versatile nightlife. The Winterfeld Platz is possibly Berlin’s most famous weekly market.

Accessibility:
The development itself is only 15 minutes from the centre of Berlin, and the area of Tempelhof/Schoeneberg contains the airport. Berlin's integrated public transport system is the best way to get about. One ticket allows travel on all trains, trams, buses and ferries run by the public transport authority (BVG). Cycling is highly recommended in Berlin as it is easy and safe. Cycle lanes are a pleasure to follow especially around the Tiergarten park area.

Local amenities:
With this being a city centre development, there is easy access to everything that everyday city life can offer.

Unit types, sizes and prices:
Property types range from studios to 4 bedroom apartments, example units:

Unit: studio Size: 33.66 m2 Price: €50,490 Monthly Yield: 252.45 (6%)
Unit: 1 bed Size: 53.15 m2 Price: €79,725 Monthly Yield: 398.63 (6%)
Unit: 2 bed Size: 79.28 m2 Price: €118,920 Monthly Yield: 594.60 (6%)
Unit: 4 bed Size: 149.26 m2 Price: €223,890 Monthly Yield: 1,119.45 (6%)

Deposit:
3,000 Euros, at this stage a copy of your passport is also required.

Specifications:
The apartments have been fully modernised to include new kitchens and bathrooms as well as new central heating systems. The developer is currently building new apartments in the roof space and the facade of the building will then be refurbished but importantly all of these costs are included. Payment Terms: 3,000 euro deposit is required to secure the property, then once all paper work has been finalised and any loans required are secured the full remaining funds are due at signing of the private purchase agreement.