Friedrichshain-Kreuzberg

One bedroom with large balcony and great layout

€219,000

Investment Essentials

48.59 m²

€4,507 per m²

1 bedroom(s)

50% LTV

Price Score*

53%

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

City Centre

12 minutes

Vacant (Est. Yield)

2.5%

*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?

A wonderful one bedroom apartment next to the molecule man on the Spree river. This apartment utilises all the available space with generous rooms. On one side of the apartment are a living room and adjoining kitchen. On the other a bedroom with a large balcony.

Investment Opportunity

The apartment is in good condition so could be easily rented after purchase. The area surrounding the building is full of popular amenities, bars and restaurants. Appreciation in this area has been strong in recent years and is predicted to grow further.
BOE35 - Apt 7 Floor Plan

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Location Analysis

An expressive east Berlin neighbourhood with an alternative and artistic vibe, the location is an art gallery turned inside out with cafes, boutiques and craft beer bars filling the bustling main streets. A weekly flea market and its intimate cinemas and riverside green spaces invite visitors from afar with tourists globally visiting the area’s famous German Democratic Republic era relics and the longest surviving stretch of the Berlin Wall. A 5-minute walk to the Samariterkiez quarter and the surrounding Samariter and Rigaer streets, all renowned for their lively atmosphere with restaurants, bars and clubs. The property enjoys easy access to S-Bahn, U-Bahn and tram routes

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.

8.1%

Purchase price increase 2019

0%

Rental price Increase 2019

4.7%

Population forecast increase 2018-2030

8.5%

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.