Mitte

One bedroom apartment with strong capital gain potential in prime location

€270,000

Investment Essentials

60.46 m²

€4,500 per m²

1 bedroom(s)

45% LTV

Price Score*

50%

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

City Centre

20 minutes

Vacant (Est. Yield)

3.5%

*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?

Vacant one bedroom apartment in prime location with strong capital gain potential. The apartment is in need of renovation to reap the rewards of Berlin’s real estate and property market. We offer a full service approach to all our International clients, including design and renovation services. Contact us to discuss this investment property and for full details.

Investment Opportunity

A large spacious apartment on the second floor of an attractive Altbau building built in 1900, the building is situated next to the famous Maurer Park and just minutes walk from the U-Bahn and S-Bahn subway stations and shopping malls. This is a highly desirable area with high rental demand.

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Location Analysis

During the last decade, attracted by the beautiful Altbau properties which in the turn of the 19th century housed many of Berlin’s affluent class, the neighbourhood experienced a true renaissance as German and International members of Berlin’s professionals made Prenzlauer Berg their home.

Mitte

Mitte is the first and most central borough of Berlin, home to the German parliament, embassies and Berlin’s oldest University, Humboldt University. Although Mitte resides in the heart of the city it offers numerous parks, notably, the famous Tiergarten and the Monbijou park with plenty of children playgrounds to enjoy outdoor activities. Mitte offers a wide range of museums, art galleries, theatres, concert hall shopping galore, restaurants, bars, night club and along the Spree river during the summer it has its own beach bar.

10.7%

Purchase price increase 2018

5.7%

Rental price Increase 2018

6.8%

Population forecast increase 2015-2030

10.3%

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.

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