Neukölln

Renovated two-bedroom apartment with open plan kitchen: Vacant

€299,000

Investment Essentials

73.01 m²

€4,095 per m²

2 bedroom(s)

50% LTV

Price Score*

61%

*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%

*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?

The area surrounding this building has exploded in popularity over recent years. Just to the North of the property is the fashionable Schiller Kiez neighbourhood and a short walk is the largest public park in Berlin – Tempelhofer Field. This apartment has been recently renovated making it attractive to renters and a fabulous proposition for investors.

Investment Opportunity

Despite its excellent location, this apartment is still priced at an attractive level making it an excellent opportunity for value-seeking investors. Neukölln is well established as one of Berlin’s most attractive neighbourhoods and its continued growth is all but assured. There is a strong rental demand in this area, which will also provide secure yields over the future.
HESI - Apt 11 Floorplan

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Location Analysis

Neukölln is a true melting pot of cultures and personalities. Historically one of Berlin’s poorer neighbourhoods it is now at the forefront of some the cities hippest trends. The area around Silbersteinstrasse is characterised by a numerous popular bars, cafes and restaurants. Hermannstrasse and Karl-Marx Strasse are both a short walk away offering many amenities and several public transport options.

Neukölln

Neukölln is one of the twelve boroughs of Berlin and located in the south eastern part of the city centre towards Berlin Schönefeld Airport. The district has undergone a complete transformation in recent years, attracting more artists and city dwellers which has resulted in the increase of bars, cafes, independent galleries and vintage stores. Alexanderplatz is only 10 minutes away, while Charlottenburg can be reached in 25 minutes, while the airport at Schönefeld is just 33 minutes away. Additionally, bus line M41 travels from Hermannplatz to Berlin’s main railway station in approximately 20 minutes.

6.3%

Purchase price increase 2019

0.6%

Rental price Increase 2019

1.1%

Population forecast increase 2018-2030

11.8%

Unemployment rate

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