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Studio apartment in a new building, Mitte district, Berlin, Germany

250,000 €
7,575 € /m²
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  • Total area
    33 m²
  • Bathrooms
    1
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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: 1
  • 5-floor building
  • 2 floor
  • Completion in: 2021.II
  • TV
  • Car parks

The modern residential complex will include 32 apartments with 1–3 rooms ranging from 33 to 82 m², an underground parking and a supermarket on the ground floor. Price from 250,000 to 618,000 euros. The completion of construction is scheduled for 2021.

All apartments have balconies or loggias.

Interior

Layout — an entrance hall, a storage room, a bathroom, a living room with a kitchen and a sleeping area.

Equipment

  • floor to ceiling windows
  • high quality finish
  • barrier-free elevator
  • intercom
  • floors — parquet and tiles

Location and nearby infrastructure

The complex is situated in the triangle between the television tower, Straussberger Platz and the Spree River.

Mitte — the heart of Berlin, one of the most lively and attractive areas. It harmoniously combines historic architecture and iconic masterpieces of modern art. The area has a high concentration of attractions and gastronomic places. There are located many historical sights and famous places — Alexanderplatz, Reichstag, Potsdamer Platz and the Brandenburg Gate. The district has well-developed transport system — subway line 3, the train station (7 intercity lines), tram and bus routes.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

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

You can see more new homes for sale in Mitte 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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  • icon Arrangements for bookkeeping and tax advice
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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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