1 Bed Apartment for sale in Berlin, Germany

The property is located in Pankower Allee / Schwabstr. / Mittelbruchzeile. A bus stop served by several bus lines is close by. The underground stations 'Franz-Neumann-Platz' and 'Osloer Strasse' as well as the Schönholz urban mass transit station are less than one kilometre away. By car, it is 4 kilometres to the city orbital (Seestrasse entrance) and 6 kilometres to Alexanderplatz, the central square outside city hall.

Social Services
Two hospitals are located in the vicinity, namely DRK-Klinikum Berlin-Brandenburg and Jüdisches Krankenhaus. The recreational lakeside area of Schäferssee is just 900 m away. There are a number of playgrounds in the area that are conducive to a family-friendly environment.

Shopping opportunities, especially groceries and convenience, are directly around the corner (Lidl, Penny and Edeka). There are some bakeries, a seamster, a hairdresser, and a video store in the neighbourhood that create a sense of being at the centre of things.

Development
The estate consists of 257 apartments accessed via 19 entranceways. Two houses have 7 storeys and come with lifts; the other units are 3-storey and have no lift. Each apartment comes with a basement cubicle.
The estate is surrounded by lavish landscaping.
A typical period building from 1963, the house is built of solid masonry that has been retrofitted with thermal insulation. All of the houses are flat-roofed.

Investment information

Product Type: Studios, 1 Beds, 2 Beds

Deposit: €2,000

Purchase Price: €31,222 - €72,081

Purchase Price Per M2: €910

Mortgage Details: Up to 60%

Floor Space: 34.31sqm - 79.21sqm

Buying costs: 8% – 10%
Notary: approx 2%
Land register: 1%
Transfer Tax: 4.5%
Legal: €2,000

Payment process:
First instalment: 40%
Second instalment: 60% (transfer of title deed)