Penthouse with a 250 m² terrace and a rooftop garden in Kreuzberg, Berlin, Germany

3,750,000 €

10,563 € /m²

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Total area
355 m²
Bedrooms
1
Bathrooms
2

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Annual price per sqm growth by 5 — 10%*
Location with high rental demand
The #1 city for property investment in 2021 according to PWC
Market stability during the crisis

*According to guthmann.estate, pwc.com

Features

Total rooms: 2
6-floor building
5 floor
Built in 2005
Balcony or terrace
Swimming pool
Garden

Designer two-level penthouse was built in a historic building of 1896. It is possible to buy a guest apartment of 45 m² nearby.

Interior

Layout — a spacious living room with a dining room and a kitchen, a bedroom with a dressing room and a bathroom, a storage room, a guest bathroom, a SPA room with a pool and a sauna, 3 terraces. A spiral staircase leads to a terrace with a garden and a jacuzzi.

Equipment

high ceilings and floor to ceiling windows
branded fitted kitchen with a wine fridge
two exclusive designer bathrooms and a guest toilet
solid hardwood parquet
underfloor heating
open fireplace
alarm system
video intercom
private elevator with security access

Location and nearby infrastructure

The property is located in a very popular area Kreuzberg, a few minutes from Viktoria Park. The historic brewery buildings, which are listed as historical monuments, determine the ambience of the district. The industrial architecture was harmoniously supplemented by modern residential buildings from various architects.

There are numerous shops, bars and restaurants in the immediate vicinity. The urban environment is characterized by Art Nouveau buildings, green, lively streets with restaurants, cafes, music bars and theaters. Here you can experience the cultural diversity of Berlin. The connection to public transport is very good. The U6 at Platz der Luftbrücke underground station is easy to reach.

Property on the map

Location right down to the building, street or city
Other properties

Other offers nearby

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What is the cost of maintaining the property? How much should I budget for legal arrangements? Can I rent this property out?

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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 Friedrichshain-Kreuzberg 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.

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

Find out more

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

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.