Full Description

Berlin: Wilmersdorfer Str. 23 Rare Property Investment opportunity!

Tailormade Buy-to-let opportunity. Two spacious 3 bed apartments located in the heart of Berlins very popular high street for sale now!
Between 183,000 for a 80sqm 3 bed or 201,000 for a 85sqm 3,5 bed and fantastic views over Berlin. Each apartment has its own cellar, covered bicycle stand and a common indoor garden. Refurbished in 1995 they offer a 4% rental return.

3 Bed Apartment: Located on the third floor, 79.22 sqm and not rented at the moment. Both flats have a central heating system in place and are built around 1900. Floor at this classical Berlin style flat has laminate in wood style which makes the unit easy to clean and less sensible. Very good when for rented out to young families with kids etc. The bathroom consist of a spacious and modern bath-tube and a separate visitor Toilet. The walls are freshly painted and the flat is ready for the next tenant. 3,5 Bed Apartment: This very open and stylish maisonette apartment is on the third floor and free for the next tenant to move in. 85.37 sqm on two separate floors with a balcony to overlook the surrounding park. All floors are done in laminate and easy to clean - especially for tenants with kids.

The Area: Charlottenburg is one of the best areas in Berlin, with Diplomats, Politicians and Business people. Diverse culture due to the diplomats and foreign visitors gives the area a very world city flair. One of the few areas in Berlin who had only little damage in WW2 and that gives the different blocks a long standing history of German traders and politician dynasty houses. The Faced of this property is one of the beautiful in the street, as you can see on the pictures. Wilmersdorfer Str. is the number 3 shopping street in Berlin, only behind the Ku’damm and Tauentzienstrasse.

A new Shopping mall just opened just around the corner with more than 100 shops. The council is currently upgrading the street with a new walking path, more trees and playgrounds. Public transport is easy and in walking distance - from the apartments you enter the U7 (tube) at Richard-Wagner-Platz or the U2 at Bismark Strasse. On the Otto-Suhr-Allee you can use the Bus with direct access to the main train station Berlin or Zoologischer Garten.

Pricing and Deposit: The Price includes VAT and is including the commission and transaction fees. The only additional costs are for the notary and the finance provider. No stamp duty in Germany, no council taxes. For British Citizen a 50% Deposit is needed to get finance approved in GER, however some British banks might lend money below that percentage when proof of income in the UK.