Ref: 000R705
District: Pankow
Location: Prenzlauer Berg
Be the envy of all your friends and own an apartment with balcony amidst of Prenzlauer Berg, the trendiest and hippest district of Berlin. Located in direct neighbourhood to the well-known and fancy Kollwitzplatz (1000 metres), these two fully furnished apartments comprise each a bedroom, living room with open kitchen, entrance hall, bathroom as well as balcony. Currently both units are rented out with short-term contracts (minimum rental time of 3 months) – the full inventory is included in the purchase price. The area: Countless pubs, restaurants, cafés, galleries and little shops create a day and nightlife atmosphere unrivalled in the rest of Berlin. The well-known Alexanderplatz in Mitte is only 2km away. The public transportation connections are excellent.
Specifications:
Apartments are in very good condition
Fully furnished (partly in rustic style) – incl. kitchen and all white goods, all furniture (incl. sofa, tables and chairs, cupboards, bed etc.), pictures, lamps …
First-class bathroom
Light-flooded rooms
Flooring: Timber floor board and tiles
Self-contained gas heating
Balcony with west-orientation
Lovely courtyard
Building is in very good condition
Top location in Prenzlauer Berg – Prenzlauer Allee, Schönhauser Allee, all fancy and hip places like Kollwitzplatz, Helmholtzplatz, “Kulturbrauerei” on your doorstep. The well-known Alexanderplatz in Mitte is only 2km away.
Payment:
100% after signing of the notarial purchase contract.
Prenzlauer Berg:
Prenzlauer Berg is a former borough of Berlin situated in the eastern part of the city. In 2001 Prenzlauer Berg was combined with the former boroughs Pankow and Weißensee under the name of Pankow.
After German reunification in 1990 Prenzlauer Berg soon attracted young people, often referred to as hipsters, with its alternative lifestyle. Today Prenzlauer Berg is one of the trendiest areas of Berlin… from businessmen to students; everyone wants to live in this borough with its stunning old buildings.
Prenzlauer Berg's urban apartment block structures have, for the most part, been renovated. This and rising property values have led to more wealthy residents moving into some areas of the borough.
Countless pubs, restaurants, cafés, galleries and little shops create a day and nightlife atmosphere unrivalled in the rest of Berlin.
Kollwitzplatz and Helmholtzplatz with weekly street markets, the former breweries Kulturbrauerei and Pfefferberg and Kastanienallee are the hot spots of interest.
Besides diverse tram and bus lines, Prenzlauer Berg is above all connected to the public transport net by the underground U2 (alongside Schönhauser Allee) and by the ring train S41/42 and city train S8.
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.
2x One Bedroom Apartments – Second & Fourth Floor – Side Wing
Rooms per unit (Living/Dining Room and Bedrooms): 2
Living size per unit (approx.): 44.50m²; total size approx. 50m²
Balcony: Yes
Year of Construction: approx. 1900
Availability/ Move-in: Sale – Immediately / Please note: Both units are rented out with limited short-term contracts; minimum rental time of 3 months (basic rent 640 € per month per unit plus final cleaning of 60 €).
Yearly additional costs for landlords: 720 € per year per unit – Owner pays the full running costs (incl. house management fees, reserves for maintenance, yearly building insurance, housekeeping etc.)
Allocatable overheads like yearly building insurance, housekeeping etc. are going on top of the basic rent and has to be paid by the tenants: |
