Apartment for sale in Berlin, Germany

The housing estate is located in the district of Steglitz that is part of Berlin's borough of Steglitz-Zehlendorf. This district is characterised by ample greenery, a well-developed infrastructure and excellent access to public transportation (Metro bus, several regular bus lines, and urban mass transit trains).
There are many shopping opportunities, cosy pubs, doctors' offices, and places to linger and relax on nearby Albrechtstrasse. The housing estate borders directly on scenic Stadtpark Steglitz, a municipal park.
From here, Schlossstrasse, which is the main shopping street of Steglitz, the inner city or the campus of several Berlin universities are within easy reach.

Development History
The Stindestrasse housing estate is located in Berlin's district of Steglitz. The building was raised around 1955. The building community includes a total of 47 condominiums (studios and 2- or 2.5-bedroom apartments). The plot includes generous open spaces with landscaped greenery. The condominium owners' cooperative regularly sees to the necessary refurbishment. The apartments in this housing estate are very popular. All apartments are let, and most of them have been let for more than 20 years.

The house is built of solid brickwork, with basements underlying all parts, a slightly sloped flat roof, and exterior rooftop gutters. There are three storeys on top of the ground floor. Heating and hot water heating rely on district heating (Vattenfall, the incumbent utility company), the consumption being electronically metered.

Investment information

Product Type: Studio's, 1 beds, 2 beds

Deposit: ?2,000

Purchase Price: ?38.839 - ?70,623

Purchase Price Per M2: ?1050

Mortgage Details: Up to 60%

Floor Space: 36.05sqm - 70.88sqm

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)