Block of flats 152 m² in Schöneberg

Apartment package in a residential complex under construction in Berlin.

Description

The package includes four one-room apartments of 38 m² each.

Completion: II quarter 2023.

The new residential complex has 47 studio apartments, common roof terrace, laundry room and storage rooms for each apartment in the basement. Some apartments have balconies or terraces. All apartments will be delivered finished, with equipped bathrooms. Apartments mostly have floor-to-ceiling windows.

Advantages

• Reliable developer with 25 years of experience
• Construction warranty for 5 years from the developer
• You can buy an apartment remotely
• If rented out, the apartments will be in demand by students and young professionals due to the number of educational institutions and companies nearby and high demand for microapartments

Yield 3.5 – 3.9%.

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

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

Known for its wide boulevards and multifaceted architecture, Schöneberg is a colorful district that’s home to an unlikely mix of affluent, middle class, immigrant and expat of all ages. Vibrant outdoor markets, a wide range of vintage and luxury shopping, an eclectic food scene, charming cafes and bars, and lively street festivals. As dynamic as this district can be, peace and quiet are easy to find, thanks to plenty of parks and sedate streets awash in old-world glamor.

All necessary infrastructure — schools and kindergartens, doctors'offices, supermarkets, cafes and restaurants — are nearby. The Vivantes Auguste Viktoria Hospital is 10 minutes away from the project.

A lot of recreational zones can be easily reached by foot or by bike within minutes: Schloßstraße — popular shopping street, Hans-Baluschek Park, Tempelhofer Feld. Students benefit from the proximity to Universities of Applied Sciences and the Freie Universität Berlin.

City center and other districts can be easily reached by car — Autobahn passes through Schöneberg. The S-bahn station is 150 metres away, allowing you to comfortably reach the center of Berlin (Alexanderplatz, Brandenburg Gate) in 20 minutes.