Friedrichshain-Kreuzberg

Spacious 2 bedroom apartment in Kreuzberg: Tenanted

€239,000

Investment Essentials

69.3 m²

€3,449 per m²

2 bedroom(s)

45% LTV

Price Score*

43%

*Price Score = 0% is the lowest priced properties in the location and 100% is the highest priced properties in the location

City Centre

10 minutes

Tenanted (Yield)

1.5%

*Price Score = 0% is the lowest priced properties in the location and 100% is the highest priced properties in the location

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Why is this apartment a great investment?

This large and spacious two-bedroom apartment is located in our The Falckenstein project. Located in the heart of one of Berlin’s trendiest neighborhoods, apartments in this project offer a wonderful opportunity for investors. Over the Oberbaum Bridge to the East, there is easy access to Friedrichshain and uber-cool areas such as Boxhagener Platz. To the South, the ever increasingly popular district of Neukölln.

Investment Opportunity

This is apartment is offered fully tenanted and at a superb price, creating a safe investment with excellent potential for the future. The apartment features a large balcony and clean layout with spacious living spaces. In the future, there is scope to renovate the unit and increase the value of the unit and its yield potential.
Falckenstein apartment 24 floor plan - Kreuzberg Berlin apartment for sale

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Location Analysis

Kreuzberg is highly desired by the younger demographic due to its exclusive city centre location and the vibrant lifestyle it provides. Property prices in this location have grown by over 58% and rental prices have risen 32% in the last five years. There is ample access to public transport for easy access to the rest of the city with the nearest U-Bahn station, Schlesisches Tor, only 200m walk. The building sits on the borders of Friedrichshain and Neukölln, two areas of the city which are full of amenities and a draw for current and future tenants.

Friedrichshain-Kreuzberg

The smallest of Berlin’s 12 districts with the highest population density and the lowest average age. Separated by the Spree river and connected by Berlin’s most historic and recognisable landmarks; The Oberbaum Bridge. Originally Friedrichshain and Kreuzberg were independent East and West Berlin districts, merging in 2001 under the Berlin administrative reform. Friedrichshain – Kreuzberg is one of the coolest and most sought after neighbourhoods in Berlin, centrally located, known for a diverse nightlife and cultural life and home to the youngest residents. A trendy hub filled with creative and digital media companies, independent outlets and alternative venues

7.1%

Purchase price increase 2019

9.1%

Rental price Increase 2019

7.2%

Population forecast increase 2018-2030

9.7%

Unemployment rate

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Inspiration Asia is part of the Inspiration Group  an established real estate investor with offices in Berlin, Hong Kong and Israel that has successfully developed property in Germany’s capital over the past 11 years.  Our full service approach provides peace of mind to all our real estate investors.