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About the Apartment
- Property: Apartment (Buy To Let)
- Bedrooms: 1
- Bathrooms: 1
- Receptions: N/A
Location:
Prenzlauer Berg encapsulates everything about Berlin. Situated in the centre of the city, it is east of the former Berlin Wall and this part of Berlin’s history resonates here. Prenzlauer Berg is young and old, historic and avant-garde, edgy and yet full of prams.
Features
The apartment block was built at the beginning of the 20th Century on a on 796 sqm site.
It has a front building and two side buildings with a total residential living area of 2032 sqm.
Three entrances lead to the five levels and roof top accommodating 34 apartments. Behmstraße 65 is close by the historic Mauer Park, famous for its weekend flea market but also offering sporting facilities and hugely popular picnics areas.
There is an excellent public transport system with S-Bahn and U-Bahn close by and it’s within 5-10 minutes to the freeways.
A big shopping centre, as well as many schools and Kindergarten make this a very high in demand rental area.Condition/State:
The property has been renovated over the last few years; the roof has been renewed, windows modernised, the exterior repaired and walls insulated and the balconies repaired. Within the property the electrical wiring has been renewed.
There are plans to build an elevator for the upper levels if it is decided by the owners that it is economical. There is detailed valuation report for this property.
Conclusion:
Well-kept property in a great location for long term, secure and profitable capital investment.Behmstraße 65
Prenzlauer Berg... The gem of East Berlin
Total Rental Space: 2032 sqm.
Number of Apartments:
34 Residential units
Price per SQM
1875.00 per sqm
Net rent per year:
6.00 per sqm p.a.
Apartment prices:
75,732 - 169,106.00
1,875 per sqm
Plot Size: N/A
Location
Kollwitzplatz together with Kastanienallee, Hermansplatz and the Kulturbrauerei (used to be a brewery in the 1900s) are among the most popular places for bars, restaurants and cafés in Berlin. In fact the concentration of cafes in this part of town is remarkable.
Often situated around leafy residential squares, alongside fresh food markets, flea markets, designer boutiques and gourmet shops, contributing to the overall “village” feeling of Prenzlauer Berg.
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From EUR €75,000 = GBP £63,243*
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