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REFURBISHMENT IN POPULAR DISTRICT. Currently protected as an official monument of Berlin, this unique development was originally constructed in the 1960's and has undergone a complete refurbishment between 1995 and 2004. Residence Heilmannring is located in Berlin's popular Charlottenburg district. The development is surrounded by many playgrounds offering a family friendly environment. There are diverse shopping possibilities close by, an indoor public swimming pool as well as a huge park, all just a short walk away. A nearby train station and the inner city highway connect you to the rest of the city. Charlottenburg is located in the heart of Berlin's popular western section. It is known as a district with a lot of tradition offering many historical sights such as the medieval Charlottenburg Castle, Berlin Zoo and the refurbished Olympic Stadium. The famous Kurfuerstendamm is Germany's largest shopping street. Numerous stores, restaurants and sights attract thousands of tourists as well as Berliners every day and make this area a hotspot within the city. Berlin's property market is currently one of the most interesting for investors throughout the whole of Europe. Even though prices are currently rising, the price-performance ratio is excellent compared to other markets of this quality. Now is the perfect time to join the Berlin property market and benefit from the combination of low prices and excellent forecasts.
Key selling points and investment justifications:
- Increasing rental demand in this area
- Extremely accessible area with various transportation options
- Rare opportunity to buy under current market value in this district
- Moderate risk investment as property is tenanted
- Property is located in one of the best areas of Berlin
- Closing cost approximately 8% max. including notary, solicitor, property tax and registration fees
Heilmannring
Germany, Berlin, Charlottenburg
Studio 29m2 to 34m2 - 39798 to 45846 euros,
One Bedroom 54m2 to 70m2 - 72981 to 94513 euros,
Two Bedrooms 76m2 to 81m2 - 103788 to 108729 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 7.69%
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