Full Description

RECENTLY RENOVATED VACANT PROPERTY.

Located in a very calm and green area, the east-west orientation of this residence provides light flooded living spaces. Being totally refurbished, the living rooms offer glazed hard wood floors throughout and kitchen and bathrooms are tiled. The double glazed windows correspond to a high standard of energy and cost savings. The residence offers an elevator connecting the ground floor to the top floor of the residence. Except for the ground floor apartments, each unit has a balcony and a glass enclosure that is part of the apartment, sometimes referred to as a winter garden. Reservation is possible with a low deposit of 5% of the total purchase price. Furthermore the apartments can be used by the purchaser or rented out easily. In addition, rental stream will be guaranteed over 1.5 years.

Gesundbrunnen makes up part of Berlin`s central district Mitte. The Gesundbrunnen Centre (just a 5 minute walk away) is a big shopping mall with over 110 shops. The district Mitte represents the new face of Berlin after Germany's reunion. With sights like the famous Brandenburg Gate, Reichstag and Alexanderplatz the district has become THE major tourist destination. In Mitte you can experience the newly developed Potsdamer Platz, relax in the huge "Tiergarten" park area or go shopping at the world-renowned Friedrichstrasse. Schools, playgrounds and daycare facilities for children offer everything a family could wish for.

Currently, Germany is one of the most interesting Real Estate markets in Europe. Properties are undervalued in Berlin at this time and forecasts point towards a positive economic development which will cause significant price rises over the next 5-7 years. This is a very rare investment opportunity offering excellent location and the chance to purchase property for 1000 to 3000 euros per square metres. Now is the time to buy in Berlin!

Key selling points and investment justifications:

• Increasing rental demand in this area
• Rent guaranteed over 1.5 years
• Transportation is exceptionally good
• Property is located in one of the best areas of Berlin
• Cash Buyers only
• Closing cost approximately 8% max. including notary, solicitor, property tax and registration fees

Wriezener Strasse
Germany, Berlin, Mitte

One Bedroom 50m2 to 62m2 - 73795 to 94020 euros,
Two Bedrooms 90m2 to 99m2 - 156311 to 239220 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 6.31%