This fully refurbished (1994), quiet rear-building apartment offer the perfect location for comfortable living in the trendy center of Berlin's city. Located in the middle of Berlin?s up-and-coming Friedrichshain district, this flats is equipped with wood floors, a newly installed heating system, modern baths and windows. This is a unique opportunity for investors, with high capital growth expected.
With many trees and broad walkways, Simon-Dach-Strasse has become a unique boulevard with trendy shops, cafes and bars. In the summertime locals and visitors alike enjoy hot evenings in one of the friendly beer gardens, dine in fashionable restaurants, or walk through the popular public park ?Friedrichshain?. Living in Friedrichshain makes exploring Berlin easy. Located near the metro station Frankfurter Tor, the city train station Warschauer Strasse and plenty of bus stations, you can quickly connect to any place in Berlin with the capital?s main sights and institutions just a stone thrown within.
This Buy to let Residential property is one of the last opportunities to buy on this attractive boulevard as properties in this street are very rare. It is an investment with very moderate risk and a self managed project as the management will be arranged for the investor. This investment is possible with low deposit, only 5% fully refundable. Mortgages with low interest rates are available.
Currently, Germany is considered as one of the fastest growing property markets in Europe. Interest rates are still low and the growing economy will result in a significant price rises over the next 5-7 years. Compared to London or Paris, real estate in Berlin is undervalued with prices at ?1,000 - ?3,000 per m? in many excellent areas. Now is the time to buy in Berlin!
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