Ref: 000R0708
District: Pankow
Location: Weissensee-South/ Border to Prenzlauer Berg
Keep an eye on this investment opportunity – plot of land with 2,391m² for sale; price per m² of 313.67 Euro (with building licence for a nursing home) or 269.76 Euro (without building licence).
Location: New insider tip - the upcoming borough Weissensee which is situated in direct neighbourhood to Berlin’s most trendy district Prenzlauer Berg, grows more and more... developers, investors, private individuals as well as tenants choose this location because it still offers low purchase prices/ rents and is only a few minutes drive away from the hip places Kollwitzplatz and Helmholtzplatz in Prenzl-Berg. Summary: Great potential!
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.
Weißensee (District Pankow)
Weißensee has historically been slightly in the shadow of its neighbors Prenzlauer Berg and Pankow. However its popularity is increasing due to its proximity to the expensive Prenzlauer Berg.
With excellent tram connections it also has easy access to central Berlin (10 minutes). Weißensee is an excellent choice for people seeking for a balance between urban life and seclusion in a peaceful district of Berlin.
The immediate area around the “Weiße See” (White Lake) is just magical; thanks to its historical architecture, numerous places of interest (above all Europe's largest Jewish cemetery), parks, lakes and activities. Prominents like the painter Lesser Ury and the publishers Samuel Fischer and Rudolf Mosse are buried here. The art school is of nationwide rank.
…the micro location
1. Mirbachplatz on the doorstep (20m metres away) - due to the radial run of the streets to the Mirbachplatz this place becomes the centre of the area and gives it a bit of the atmosphere of a village. People meet there on warm evenings but it is not that crowded as it can be at typical touristy places of Berlin.
2. Daily Needs - Berliner Allee, only a few minutes away by foot, provides everything residents may need to meet their daily requirements – shops, doctor’s offices, banks, supermarkets, and department stores. Various schools, kindergartens and day care centres can be found in direct neighbourhood as well.
3. “Der Weisse See” (The White Lake) - local recreation opportunities can be found at Weisse See, only 600 metres away. With its surrounding parks Weisse See was first used as recreational area at the turn of the century. Among other things, it offers a lido with sandy beach, playgrounds, cafés and snack bars…
4. The School of Art and Design Berlin Weissensee - The School of Art and Design Berlin-Weissensee places great emphasis on international exchange. The School maintains cooperations with approx. 60 Art Schools in Europe, Asia, Australia and America and students have the opportunity to participate in exchange programmes.
5. The Park-Klinik Weissensee – neighboured plot - the Park-Klinik Weissensee has gained an excellent reputation as an attractive and highly competitive hospital. Capacity, economic viability and good medical and nursing quality are the crucial success factors of this clinic in private ownership.
6. The bordering Prenzlauer Berg – only 1.5km away - 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.
Building Plot Weissensee
Plot Size (approx.): 2,391m²
Existing buildings: Approval for demolition of the existing buildings is available
Sale: Immediately
Payment: 100% after signing of the notarial purchase contract
Property Option 1: Plot of Land with building licence for a Nursing Home/ Assisted Living
Building Licence: Nursing Home for people with gerontological and dementia diseases (care level I-III); Gross building area of 5,064m² (129 beds); 5 floors plus basement
From 750,000 €
Property Option 2: Plot of Land without building licence – suitable for Apartment Block
Expected opportunities: Perimeter Block Development; Building area approx. 3,500m² ; 4-5 floors
From 645,000 €
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