For Cash only Buyer! This exclusive buy to let residential property is situated adjacent to the popular Lake Tegeler See in the Wohnpark am Tegeler See living area. The common property has been thoroughly modernized and features an extremely high quality of living with extensive parks, playgrounds, and mature, well kept landscaping.The building was built in 1935 and consists of 31 three and four storey buildings including 56 parking spots. Recent modernizations include thermal insulation, pipes, electrical systems, intercom systems, and cable TV links.



This studio apartment has been renovated with new oak plank floors, electrical system, stove, windows and sills, and heating system which is connected to the self-contained gas central heating system. The price also includes a storage cellar in the basement of the building. This is a self-managed project as property management can either be arranged for the investor, sourced on the open market or arranged by the investor directly. Reservation is possible with a low deposit of 5%.



The area around the Lake Tegeler See is well known for its exclusivity, high comfort and above-average living quality. Well connected to the public bus system one can quickly reach the city centre as well as the outskirts of Berlin. All necessary facilities are very close by, including supermarkets, social and medical facilities. Plenty of relaxation, leisure, sport and entertainment possibilities are located within the vicinity.



With Berlin being a hot pick among real estate experts, this is your chance to enter an evolving market early. Property prices are still low and living space is available at a fraction of the prices paid in London and Paris. The Berlin government has made significant investments into infrastructure and city upgrading, resulting in increased attractiveness for its people and capital.



BERNAUER
Germany, Berlin, Reinickendorf

Studio 32m² to 33m² €61,384 to €61,384


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 4.81%