Greifswalderstrasse - Prenzlauer Berg / Healthy rental yield between 4.2%-5.8% / Expected capital appreciation per annum 10% / Risk Factor 2/10 (very low risk) / Prices from € 77,995 - € 109,872 / Property types: 1 & 2 Bedroom Apartments / Target rental market: Young professionals/Small families


Area: The district of Prenzlauer Berg is located in the north east of the centre of Berlin and highly desirable location. The value of apartments in this area continues to rise as more investors seek this location historically known for its value for money. This perception is changing rapidly as local demand for properties in addition to the interest shown from international investors continues to increase and so consequently will the prices, promising excellent potential for capital appreciation in the long term.

Prenzlauer Berg is a former borough of Berlin and in 2001 was combined with the former boroughs of Pankow and Weissensee under the name of Pankow. After German reunification in 1990, Prenzlauer Berg soon attracted many young people and became renowned for its nightlife and alternative lifestyle. Countless pubs, restaurants, cafes, galleries and little shops create a day and nightlife atmosphere unrivalled in the rest of Berlin.
Prenzlauer Berg has become famous for being one of the few places in Germany where there has actually been a baby boom in recent years. There is an abundance of playgrounds Helmholtzplatz and Kollwitzplatz kitas (child daycare centers) not to mention shops selling toys.


Access: The district enjoys an excellent network of U-Bahn, S-Bahn and Tram stations all within the street occupied by the apartment building. The road network is equally efficient and easy.


Development: The building was constructed just after the turn of the century and was refurbished totally in 2000. This included the facades and windows which feature high quality double glazing. The entrances and hallways have all been refurbished maintaining the buildings original charm and features. The location of the building at a corner of a junction means you are not immediately overlooked and looking out from the apartment windows gives the perception of space. The bright and generous room sizes ensure that these apartments are always quickly tenanted.

Apartments: The apartments feature 1- and 2-bedrooms.

1 Bedroom Apartment 64.48sqm x Euro 1,209.60= Euro 77,995.00

2 Bedroom Apartment 93.44sqm x Euro 1,175.86 = Euro 109,872.00


Pricing: The average cost per metre square in Berlin is approximately € 2,000.00. The development in Greifswalder Strasse demonstrates good value when priced between Euro 1,210 – Euro 1,403 per sq metre well under the average for this premium location.


PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.