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Penthouse with three rooftop terraces, Berlin, Germany

1,350,000 €
6,750 € /m²
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  • Total area
    200 m²
  • Bedrooms
    3
  • Bathrooms
    2
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    Annual price per sqm growth by 5 — 10%*

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    Location with high rental demand

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    The #1 city for property investment in 2021 according to PWC

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    Market stability during the crisis

*According to guthmann.estate, pwc.com

Features
  • Total rooms: 4
  • 5-floor building
  • 5 floor
  • Built in 1900
  • Balcony or terrace
  • TV

The modern penthouse with large open-plan design is located on the top floor of a house that was built in 1900 and completely renovated in 2013, and it is ready to move in now.

Interior

The spacious and luminous penthouse of 200 m² has floor-to-ceiling windows.

The main hallway has three large skylights that can be opened. There is the master bedroom with a walk-in-wardrobe (also lit via a skylight) with plenty of storage space, and an en-suite fitted with a bathtub. The en-suite and the bedroom have sliding door access to the master bedroom’s private terrace.

The second bedroom has an additional large study, which could be used as a third bedroom or working room. Both rooms have access to the second terrace. There is also the second bathroom, fitted with a shower.

There is open-plan kitchen of 65 m², with living and dining area. It extends onto the large, 41 m² rooftop terrace with fantastic views over Berlin’s TV Tower. The modern kitchen is fully equipped and features a large, island counter.

All rooms have high quality parquet flooring equipped with under-floor heating. The apartment also has a laundry room, a cloak room and a storage room.

Equipment

  • gas heating
  • floor heating
  • parquet floors
  • sky lights
  • floor-to-ceiling windows
  • fully equipped kitchen
  • storage room
  • separate WC

Location and nearby infrastructure

The property is located in Schieritzstrasse, a peaceful residential street in leafy, Prenzlauer Berg, and has excellent city-centre connections via S-Bahn and Tram.

Prenzlauer Berg is a district that has been shaped by artists, writers and musicians, and many of them still live there today, making this area one of Berlin's cultural hubs. The district is characterised by its huge number of altbau buildings, most of which date back to the turn of the 20th century, and more recently for its buzzing cafes and bars.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other penthouses for sale in Germany.

You can see more penthouses for sale in Prenzlauer Berg elsewhere on our website.

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

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      How to buy property with Tranio

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Is it possible to make money off a flat in Germany?

        Yes. You can rent out your flat on a medium- or long-term basis. To relieve yourself of the burden of finding tenants, hire a management company, which usually costs about 10% of the rent. It is best to buy a flat close to the city centre, near the metro, cafés, shops and parks. We recommend choosing small flats, as they generate more income per square metre and are easier to sell. To get an idea of the rental income this flat can generate, look at advertisements for similar properties in this area.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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