Pankow

Super studio on 1st floor of desirable Altbau building: Tenanted

€150,000

Investment Essentials

55.72 m²

€2,692 per m²

1 bedroom(s)

45% LTV

Price Score*

37%

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

City Centre

16 minutes

Tenanted (Yield)

3.13%

*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 studio apartment is perfectly formed and in great condition, located on the mezzanine ground floor of a 1918 historic Altbau building and nestled between two parks.

Investment Opportunity

This is apartment is offered fully tenanted and a superb price. A safe and attractive investment with strong capital gain potential.

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Location Analysis

The property is located on a quiet residential street between Pankow and Prenzlauer Berg. The residents of the area enjoy the best of both neighbourhoods; a tranquil green space and the cultural scene of Prenzlauer Berg, with its abundance of coffee shops, restaurants and boutiques. The property is situated 900 metres from Schonhaser Allee shopping centre and train station, and 800 meters from Winestrasse U-Bahn station.

Pankow

Pankow is the most populous and the second largest of the twelve boroughs of Berlin. Named after the Panke river and covers the northeast of the city region, including the inner city locality of Prenzlauer Berg. It borders Lichtenberg in the east, Mitte and Reinickendorf in the west and Friedrichshain-Kreuzberg in the south. Whilst Pankow is a large residential district it offers both great connectivity to the more lively neighbourhoods of Mitte and Prenzlauer Berg and a relaxed ‘small town living’ feeling. Plenty of parks for outdoor sports activities and children’s playground are widely available along with family friendly restaurants, cafes and daily shopping opportunities.

13.6%

Purchase price increase 2018

9%

Rental price Increase 2018

16%

Population forecast increase 2015-2030

6.9%

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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