Block of flats 125 m² in Friedrichshain

Apartment package in a residential complex under construction in Berlin.

Description

The package includes three one-room apartments of approximately 42 m² each.

Completion: 2024.

The residential complex consists of 6 blocks, a green courtyard, a playground and underground parking. There will be a shop and a cafe on the ground floor. The property perfect both for personal living and for investment.

Equipment

• Wooden oak parquet flooring in the living areas
• High ceilings
• Large-format tiles in bathrooms
• Chrome bathroom fittings by Hansgrohe

Projected yield ~ 3.5%.

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

Brokerage fee is 4% + VAT 19% (total 4.76%).

Friedrichshain originally shaped by creative people, with its varied historical neighbourhoods is now one of the most sought-after places to live in within the capital. Along the Spree are located companies such as Mercedes-Benz, Universal Music, Zalando and Amazon. The area is known for the clubs along Holzmarktstraße and the East Side Gallery. In addition, the location allows one to easily escape the dynamic city life to Berlin’s oldest park located in a walking distance from the complex. The Volkspark park offers plenty of different leisure activities, from open-air cinema to beach sports and basketball. Along the banks of the Spree, the area around the Oberbaumbrücke with its countless bars, clubs and restaurants has established itself as the center of Berlin ‘s nightlife.

The complex benefits not only from its central location within Berlin, but also from its excellent public transport connections. It is only a short walking distance to the Ostbahnhof and the U-Bahn station ”Weberwiese“, whose rail network provides direct connections to the Zoo station, Alexanderplatz, the main railway station and BER airport.