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Apartment
for sale in Berlin region Germany |
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| For Sale |
Euro € 105,000 |
| GBP £ 84,851 | USD $ 134,222 |
| City/Town: |
Not Provided
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| Region: |
Berlin region |
| Country: |
Germany |
| Reference: |
5321355 |
| Property Type: |
Apartment |
| Sale Type: |
Resale
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| Rooms: |
Studio |
| Size: |
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| Contact: |
Sales Agent |
| Company: |
International Property Sales |
| Language(s): |
English |
| Location: |
England |
| Email: |
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This property was listed on
Sunday, February 05, 2012 |
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Last updated:
Friday, May 04, 2012 |
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Ad viewed:
329
times |
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Other Property Features: |
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Kitchen:
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Other:
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Local Amenities:
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Local Activities:
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The five-story apartment house property was built circa 1918 and from 1 fully renovated. The building is bright and friendly and consists of 43 apartments, around a well-kept courtyard, with the building and grounds consistently kept in a very neat state.
The property is located in the Friedrichshain district, a prestigious residential and business location and one of the 'in trend' of so-called Berlin districts with predominantly refurbished buildings around the turn of the century. The house stands on the corner of a quiet side street; its situation provides excellent transport links using the U & S bahns and tram system. Within easy reach area are all necessary amenities.
This ground floor apartment is a bright elegant 3-room apartment with a central hall, open kitchen as the central element, a newly tiled bathroom with modern plumbing elements and the rooms are equipped with parquet or laminate flooring.
Key Contacts
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Mat Littlecott
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Paul Tester
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James Kirkman
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Telephone:
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Berlin Property Market
Berlin is an exciting city for property investors, residents and tourists alike - it is growing, with population, employment and economic output trending upwards since 2004. Berlin took the interest of many international property investors around 2002, when their domestic markets got expensive. Around 2005-07, 70% of the investment money into Berlin came from outside Germany. Perhaps this was due to the stigma as a poor city to folk from Munich say, not being translated to international clients.
Well the city is still relatively cheap, very cheap in places, but its position as a capital when compared to London or Paris say needs to be considered carefully. This guide to the property market in Berlin will give better reference to current prices and yields. But the general story is of rapidly rising rents. It is still possible to rent a studio which is 2-3 stops from the Reichstag for around 200 € per month. Sounds cheap Well, it is.
The investment money at the moment tends to follow this trend, and it is a case of picking areas where rental increases will be accepted most easily, and so rental yields will increase. Areas such as Prenzlauer-Berg and parts of Mitte can be argued to be oversold, having increased dramatically in recent years, but great places to live and some solid investments can be found there. Our recommendation would be to include Berlin if possible into any property tour of Germany. We would also recommend that anyone looking to invest in German property also take a look at Leipzig and Bremerhaven to gain context before investing.
can assist you at every stage of making a property investment in Berlin - from providing market research material, conducting accompanied property inspection visits, to arranging finance and property management. Please contact us to find our more about our German property investment services.
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The property information is provided
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