The recently completed project is nested on a quiet street in the upcoming district of Lichtenberg, in the north-east part of Berlin. A comfortable residential project, consisting of 32 flats and 2 commercial units. Each apartment has a storage room.
Balcony or terrace
Layout — an entrance hall, a bathroom, a bedroom, a living room with an open kitchen and access to the balcony.
Lichtenberg with quiet and green areas creates the atmosphere of old Berlin, while being close to the city center. Berlin Zoo can be reached in 20 minutes on foot. The house is located within walking distance of the Lichtenberg railway station, which provides good and fast connections to both the city center and the surrounding areas. There are direct connections to Warschauer Straße and Alexanderplatz (18 minutes by car).
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 Lichtenberg elsewhere on our website.
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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.
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.
In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia 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 Turkey passport by buying a property worth at least $400,000.
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.
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.
