Full Description

Located in Berlin’s most up and coming district, this development comes fully tenanted and fully managed, with an excellent potential for capital appreciation. There are currently 10 two bed room apartments on offer, all with a 5.7% rental yield. The apartments have all been modernised recently, and are located close to rail and bus links offering easy access into the centre of Berlin.

Location:
Marzahn-Hellersdorf is Berlin’s youngest district. The district was formed back in 2000 when the districts of Marzahn and Hellersdorf were merged to create what we have today. The area itself has the best of both worlds as it is located close enough to the centre of Berlin (15 mins) to be considered easily accessible, and it also has plenty of parks and playgrounds making it one of Berlin’s safest and most family orientated areas. Berlin is probably one of the greenest cities in the world.

With easy access to public transport, you can either head west to the centre of Berlin or just as easily head east and spend the day around the lakes in Brandenburg, the Brandenburg area is a green belt area that surrounds Berlin.

Accessibility:
The development itself is only 15 minutes from the centre of Berlin, and is within 500m of 3 main train stations with regular trains running into the centre and beyond. 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:
All available properties are 2 bedroom, 59 m2 apartments priced at 54,900 Euros.

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

Specifications:
The apartments have recently been fully modernised to include new kitchens and bathrooms as well as new central heating systems. All apartments also have balconies, something that is highly sought after in the city and not widely available.

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.