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HIGH RENTAL INCOME IN NEUKOELLN. Built in 1904 and completely refurbished in 2004, this residence is situated in a very calm area where the living quality is exceptionally good and ideal for families. The apartments are equipped with tiled and fully fitted kitchens and and bathrooms, balconies and windows in the living rooms are south orientated providing a year-round bright and sunny atmosphere, and the corridor is covered with wood floors. Reservation is possible with a low deposit of 5%. Property management services will either be arranged for the investor or sourced on the open market directly. The district Neukoelln distinguishes itself especially through its multicultural character. People from various nations meet at the lively and coloured weekly market on the Hermannplatz. Around this market square and on the adjacent Karl-Marx-Street you can find many shops and department stores which make this place one of Berlin's highly frequented shopping areas. Nearby you can find Germany's unconventional opera house, the Neukoellner Opera. In nearby Rixdorf, you'll find one of the most beautiful downtown old-building-quarters with 250+ years-old architecture, where it's easy to forget being in the middle of a modern city like Berlin. Germany is turnig into one of the most upcoming property markets in Europe. Experts expect significant price rises over the next 5-7 years. Currently, prices in Berlin are at 1,000 EUR- 3,000 EUR per sqm in many excellent areas compared to prices of 10,000 EUR per sqm in Paris, London and other major cities. Now is the time to buy in Berlin! Key selling points and investment justifications: - Transportation is exceptionally good
- Moderate risk investment as property is tenanted
- Cash buyers only!
- Closing cost appr. 8% max. including notary, solicitor, property tax and registration fees
Glasower
Germany, Berlin, Neukoelln
One Bedroom 38m2 to 45m2 - 50600 to 59400 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 8.69%
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