Apartment building under construction in the center of Berlin, Germany

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Apartment building under construction in the center of Berlin, Germany

8,262,000 €
8,500 € /m²
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  • Total area
    972 m²
  • Built in 
    2020
Details
Property parameters
  • Total apartments: 11
  • Number of parking lots: 10
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 3.0% + VAT

Detached apartment building in the premium apartment complex.

Description

The residential complex consists of 14 buildings including 182 apartments. The total site area is 14,780 m². The total area of the garden located in the courtyard of the complex is 3,700 m². Each building has a unique facade design.

The apartment building is located on a separate land plot together with another building and includes 11 apartments with a total area of 972 m². The sizes of apartments vary from 65 to 140 m².

There is an underground parking (shared with the neighboring building) for 10 cars.

The construction deadline is scheduled for May 2020.

Location and nearby infrastructure

The property is located in the center of Berlin, close to the department store, the Kulturforum cluster of cultural venues (including the Philharmonic Hall and the National Gallery), Potsdamer Platz with its many shopping and entertainment options and downtown West Berlin. There is a metro station within walking distance – several underground lines and a number of bus lines provide public transport connectivity in every direction.

Berlin is the capital of Germany with the population more than 3.9 million people.

Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.

2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.

Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.

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