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• Rental Yield between 4.8% - 5.8%
• Expected capital appreciation p/a 8-12%
• Investment risk factor 3/10
• Prices from €31,800
• Property types available: studio,1,2,3,4 bedrooms
• Target rental market, young professionals,small amilies
The Project
The development is situated in Marzahn and was constructed in the mid eighties with families in mind. The centre of the development is organised into a huge green area with numerous quite locations for relaxation. There are also lots of designated areas for children, which are clean tidy and well maintained. There is high demand for occupancy within this development with waiting lists for tennants wishing to live here. The development has recently been fully refurbished, including all facades, main entrances and hallways, including all the apartment interiors.
Access
Marzahn can be found just of the Blumberger Allee which runs east from the centre(mitte)of Berlin. The location is approximately 15-20mins minutes from the centre with excellent, U bahn, S bahn and Tram connections to the city.
The apartments for sale are tenanted - how does this work?
The properties all have long term tenants who in fact pay for the running costs of the apartment. this includes the obvious costs, such as electricity, water, etc.
It is the monthly rental being paid that provides such a solid investment return to the buyer. Yields are generally in 4.8 - 5.8% range offering an investment which is effectively self financing. However, it is the capital appreciation that is the real potential - it is believed property prices in Berlin will double over the next five years!!
If you require a Mortgage there will probably be an additional 1% arrangement fee. Mortgages are readily available through most German banks . As in the UK you will be required to demonstrate that you can make the Mortgage payments! You may, of course, find it more convenient to arrange finance in your home country (subject to status).
Why Invest In Germany?
* Unbelievably attractive purchase prices
* Capital growth potential
* Higher investment returns than the UK
* Euro mortgage rates are lower than the UK
* Stable, long term residential tenants
* Strong and improving economy
* Regulated legal system and EEC protection
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