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Two-bedroom renovated apartment near Kurfürstendamm boulevard, Berlin, Germany

751,000 €
7,152 € /m²
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  • Total area
    105 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: 3
  • Balcony or terrace

For sale: fully renovated apartments just 400 meters from Kurfürstendamm. The building includes 29 apartments. The deadline for the completion — 2nd quarter of 2020.

The following apartments are available:

4 rooms · 2 bathrooms · 2 balconies, 128 m² — 899.121 €

2 rooms · 1 bathroom · 1 balcony, 51 m² — 349.121 €

3 rooms · 1 bathroom · 2 balconies, 105 m² — 751. 211 €

3 rooms · 1 bathroom · 1 balcony and 1 terrace 96 m² — 599. 121 €

penthouse 6 rooms · 3 bathrooms · 3 terraces 225 m² — 2. 211. 211 €

Equipment

  • The building has been completely renovated, all premises and utilities were repaired, as well as elevators and attics equipment were upgraded, replacement of windows, updating of basements, landscaping and public amenities was made
  • New parquet
  • Elegant tiles
  • High-quality electrical equipment with USB connectors
  • Villeroy & Boch sanitary ware
  • New doors in traditional style + new baseboards made in traditional style
  • New brass fittings for windows and doors made in traditional style
  • Video intercom
  • Storage in the basement

Infrastructure

Ideal transport links.

Charlottenburg s-Bahn station and metro line 7 Adenauer Platz, as well as

The city's motorway can be reached in a few minutes by car. numerous bus lines, are within walking distance.

Many theaters and cinemas are also nearby, as well as shopping street Kurfurstendamm.

Schools, kindergartens, playgrounds, doctors, gyms — everything is very fast and easy to get to. For those who like to walk with their children and play skittles, Grunewald, Lietzensee and Halensee are almost on the doorstep.

Location and nearby infrastructure

The house is located in a historically developed area, with it's typical Wilhelmian style neat facades, old street lights and the famous cobblestones of Berlin. Residents and guests perceive the typical Ku'damm lane with a special charm that characterizes the entire area. All the necessary infrastructure: from a cafe and restaurant to a fruit shop, from a boutique to a beauty salons and a small ateliers is available in a close proximity.

More properties

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

You can see more apartments for sale in Berlin 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.

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  • icon Arrangements for bookkeeping and tax advice
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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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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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        Marina Filichkina,
        Head of Sales
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