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Investment Property » For Sale » Germany » Berlin » Schoneberg » Berchtesgadenerstrasse » Apartment Apartment    

Apartment Apartment investment in Berlin


Location

Germany
Berlin
Schoneberg
Berchtesgadenerstrasse

Price

€50,745
to €107,700

Max rental return: 5.8%
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Property ID: 456716
















     
 

 Description

Key selling points

  • NET YIELDS UPTO 5.1%!!
  • BERLIN CITY CENTRE LOCATION - SCHONEBERG
  • FULLY TENANTED APARTMENTS
  • SUPERB LINKS TO CITY CENTRE
  • RARE OPPORTUNITY IN HIGHLY DESIRABLE LOCATION
  • BALCONY APARTMENTS

These modern apartments situated in the leafy district of Schoneberg on the Berchtesgadener Strasse, offer bright and modern accomodation with most apartments having their own private balcony.  Berchtesgadener Strasse is situated in central Schoneberg, a vibrant, popular, and highly sought after location for Berliners to live. This superb location is well known for its close proximity to the city centre as well the shopping, bars and restaurants of the Bayerischer Platz and nearby Viktoria Luise Platz.

In addition, Schoneberg has an abundance of parks and gardens including the nearby Schoneb Park and Wildepark found on the main and central Martin Luther Strasse which offers and attracts many Berliners and tourists to this location for its many cultural and heritage sites.

Schöneberg is very central for West Berlin, and the surrounding neighbourhood offers many excellent restaurants, bistros, bars, antique stores, etc. The U-Bahn Bayerischer Platz (underground lineU7) is two minutes away by foot and a further few minutes to the Eisenacher Strasse U Bahn. 

The site of the famous Rathaus Schöneberg (where John F. Kennedy delivered his famous "Ich bin ein Berliner" speech in 1963). The Kurfürstendamm can also be reached within 5 minutes by public transportation, the KaDeWe department store on the (Wittenbergplatz) can also be reached within 7 minutes, and the world famous Potsdamer Platz (the Debis-und Sony Center) in a further 15 minutes.

The Bayerische Platz neighbourhood is indeed notable for a series of over 50 wall plaques, which now serve as memorials and still hang in the same locations as they did 70 years ago.

The famous Winterfeldtplatz is also well known for its weekend market where everybody meets for shopping and dining on local and exotic foods and many local Berliners can be found taking a morning coffee. Viktoria Luise Platz is another well known part with its beautiful old buildings and plenty of bars and restaurants for night life.

In addition to its superb location, the property has easy access to the Berlin Ring motorway which can be reached within a few minutes drive of the property providing easy access to Berlin city centre and surrounding locations.

Rents in this area and for this location, are continuing to rise as the market for good quality property in this area is in high demand thereby representing excellent value for money properties in a highly desirable location.

KEY FEATURES

 

SQM SIZES - 33.83SQM - 71.80SQM

NET Rents - upto 5.8%

PRICE PER SQM - €1500

Excellent Location.

Good Capital Growth Opportunity

City Centre Location

All Currently Let with Existing Tenants

FLOOR PLANS

Full floor plans are available on request.

PURCHASE COSTS

Additional purchase costs will include:

-         4.5% Stamp Duty

-         2% Land Registry

-         Lawyers fees (Quotations available on request)

FINANCE ARRANGEMENTS

German Mortgages are also available. Finance is subject to status.  Finance cannot be guaranteed at any time. Typical Loan to Value 54%-70% fixed for upto 15 years with 5.5% APR. Endowment and Repayment mortgages available.

 
     
     
 

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