Charlottenburg-Wilmersdorf

Unique tenanted penthouse apartment near the Ku’Damm below market value

€398,000

Investment Essentials

86.56 m²

€4,598 per m²

1 bedroom(s)

40% 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

17 minutes

Tenanted (Yield)

2.53%

*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 one bedroom penthouse apartment offers a vast living space and feature vaulted ceilings, floor-to-ceiling windows and an outdoor terrace with uninterrupted views across the city. Perched on top of a classic Altbau residence of the pre-war era and features original crown mouldings and ornate details around the apartment entrance. The area is one part green oasis and one part cosmopolitan playground, you can enjoy the tranquillity of the Lietzensee or people watching on the Ku’Damm.

Investment Opportunity

This apartment is a safe and attractive investment with strong capital gains potential. The apartment is located in a classic and highly desirable Altbau residence located in Halensee, one of the most exclusive and sought-after neighbourhoods in Berlin due to its small size and excellent location in the Charlottenburg – Wilmersdorf district.

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Location Analysis

Located on the western edge of Berlin just steps from the world famous Ku’Damm shopping boulevard, Damaschkestrasse 39 offers everything you would want from an apartment in Charlottenburg. Ideally connected to the rest of the city by public transport and autobahn.

Charlottenburg-Wilmersdorf

Charlottenburg-Wilmersdorf is the fourth borough of Berlin and covers the western city centre of Berlin and the adjacent affluent suburbs. A timeless, elegant and affluent district that exudes old world glamour. Bordering the Mitte borough in the east, on Tempelhof-Schöneberg in the southeast, Steglitz-Zehlendorf in the south, Spandau in the west and on Reinickendorf in the north. Retaining its charming, French-influenced architecture, beautiful shopping streets, stylish cafes and restaurants, the district is simply charming. With its famous museums and theatres, and lovely parks and green spaces it is easy to see why this district attract celebrities, artists and politicians.

18.5%

Purchase price increase 2018

6.9%

Rental price Increase 2018

4.4%

Population forecast increase 2015-2030

8.2%

Unemployment rate

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