The new residential complex consists of four connected buildings, each with an elevator. The complex has 84 apartments, quiet private courtyard, storage rooms in the basement (for most apartments), bicycle storage. Some apartments have balconies/terraces. You can buy a parking space in an underground garage (€ 40,000) or a place on a two-level parking (€ 30,000). All apartments will be delivered finished, with equipped bathrooms. It is now possible to change the layout/ merge several apartments.
The area of apartments is 47.61 m² — 88.51 m².
Price from 366,500 to 776,500 euros.
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.
There are no restrictions on rents in new buildings in Berlin.
Banks are more willing to lend to new construction than to older housing. Most projects are built according to efficiency standard KfW-55. The buyer can get a loan with a reduced rate in such projects.
High energy efficiency standards = less maintenance costs.
Stage-by-stage payment for the purchase of apartments during construction.
High quality materials and comfortable layouts.
Brokerage fee 3.0% + VAT
Real estate transfer tax 6.0%
Notary & Land Registry fee 1.5%
Lawyer 1.0 – 1.5%
Location and nearby infrastructure
The complex is located in the Prenzlauer Berg district. It is a green neighborhood with many sidewalk cafes and boutiques. The district is mostly inhabited by students and young families with children.
Much of Prenzlauer Berg's charm comes from the modernization of historic sites. A prime example is Mauerpark — once part of the Berlin Wall, it is now a lively farmers' market. The Kulturbrauerei is a complex of buildings from the 19th century, a former brewery. It is now a restored cultural center with various clubs, theaters and cinemas and concert venues.
Most of the residential and commercial spaces are restored pre-war buildings. There are few new construction projects, and they are in high demand.
Next to the complex is Humboldthain — research, development and manufacturing site, home to Germany's first startup center with a Technology and Innovation Park.
The project is close to the city center and its main attractions. You can reach the center of Berlin (Alexanderplatz, Brandenburg Gate) in 15–20 minutes by car or U-bahn.