REAL ESTATE FOR SALE (€ Euro 333,000)
Apartment for sale in Berlin Wilmersdorf Charlottenburg-Wilmersdorf Germany

Ref: 000R0655


District: Charlottenburg-Wilmersdorf


Location: Wilmersdorf-Halensee


Located in a quiet back road in Wilmersdorf-Halensee, next to the well-known shopping road Kurfürstendamm, this property offer could be the perfect buy-to-let investment or your new privately owned home. At present the flat is divided into two adjacent flats on the same floor level: a 2 bedroom flat at the front of the building and a 1 bedroom flat in the side wing. The units could easily be combined to one big exclusive apartment with 6 rooms, 2 kitchens, 2 bathrooms as well as a balcony and two separate entrances. Enjoy the charm of Altbau (Old Building) with high ceilings, wing-doors etc. on a total living size of 154m², situated on the first floor. Please note: Only for sale as package because it is registered as one flat. All facilities incl. shops, fitness centres etc. you will find in direct neighbourhood. The public transportation connections are excellent.


Specifications of the 2 bedroom flat (approx. 101 m²) – Front facing building:

Completely renovated and modernised in 2000

3 rooms, fully fitted kitchen, bathroom, hallway, balcony

Light-flooded living areas – south-west orientation

Flooring: Parquet and tiles

Central heating

Intercom door opener

Separate storage room in the cellar

Specifications of the 1 bedroom flat (approx. 53 m²) – Side Wing:

Completely renovated and modernised in 2005 incl. new double-glazed windows

2 rooms, fully fitted kitchen, bathroom, hallway

Central heating

Intercom door opener

Separate storage room in the cellar

Further details:

The building was extensively renovated in 1999 incl. installation of a lift

Top location in Wilmersdorf-Halensee – The shopping-road Kurfürstendamm on your doorstep as well as recreational areas like the Grunewald only a few minutes away.

Payment:


100% after signing of the notarial purchase contract; Resale Property.


Charlottenburg-Wilmersdorf:


Wilmersdorf is a quiet region in the south west of the city, driving through the district you will easily realize that most of the inhabitants are well-off. More exclusive is of course the residential area Grunewald, which partly also belongs to Wilmersdorf. Characteristic for Wilmersdorf are the representative buildings in Wilhelmine style and the Grunewald forest. In the west of Wilmersdorf you can leave the inner city in order to come to the Grunewald with its recreation opportunities and natural areas. The most important women's tennis tournament, the German Open, are held in the stadium at the lake Hundekehlesee. Here, in the middle of the forest on a hill at the river Havel, the Grunewald tower (56m high) offers a spectacular view over the Havel lakes and to Potsdam. North of the Grunewald you can find the Teufelsberg hill, which was heaped up from wreckage after World War 2. Its 110 meters makes it one of the highest hills around Berlin.
Charlottenburg is situated north of the famous Kurfürstendamm, one of Berlin's major shopping areas that developed in the West during the years that Berlin was divided. Charlottenburg is together with Zehlendorf the wealthiest part of Berlin as well as the most popular residential location. The region has a number of famous landmarks, perhaps the best known being Schloss Charlottenburg, an elegant palace commissioned in 1695 by Queen Sophie Charlotte.


Berlin:


The capital of Germany is dynamic, cosmopolitan and creative, allowing for every kind of lifestyle. East meets West in the metropolis at the heart of a changing Europe.
After experiencing a staggering drop in housing prices since the early 90s, Berlin’s property market is springing back to life. No other property market in Europe offers such undervalued property prices and a solid rental market.


Rental Potential:

The trend goes to properties which are situated in medium/good locations near the town centre.

Berlin: 88% of the habitants are renting properties - 12% are property owners.

Germany has a strong rental culture and tenants tend to live in a property for many years. Therefore, they treat rented property as if it was their own, and this works to the advantages of the owner. Property is let without furniture so tenants must provide their own. This situation might seem a good prospect for investors looking for regular income while they wait for their property to appreciate.