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This beautiful turn-of-the century building with 21 flats has been thoroughly modernized including careful renovation and refurbishment of the facade, windows, roof and structures, staircase, and installation of a new intercom system resulting in high quality living conditions. The apartment also features a fitted kitchen. The apartment is a self-managed property. Management will 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%.
Schoenburgstrasse is a small and quiet side street, combining a central location with high excellent living conditions. All necessary facilities are located within a few steps including plenty of shopping opportunities, schools and medical institutions. There are several public parks in the vicinity including the beautiful Bosepark and the Alter Park around picturesque lake Klarensee.
Over the past years, Berlin has significantly increased its attractiveness for locals and investors. As the capital of Germany, it is seeing huge government investment into infrastructure and upgrading projects. However, real estate is still available at very low prices. Investors can enter this evolving market at a fraction of the capital needed to buy property in other European metropolitan areas. To this end, experts expect a significant rise in property prices over the next years.
SCHOENBURG Germany, Berlin, Tempelhof-Schoeneberg
Two Bedrooms 73m² to 73m² €129,000 to €129,000
Classic - Buy to Let EXPECTED RENTAL INCOME UP TO: 4.13%