Buy-to-let investment in vibrant borough of Neukölln, with capital appreciation potential
Building
The five-storey apartments buildings on Silberstein- and Hertastrasse are located in Neukölln, one of Berlin’s most diversified boroughs. The ensemble of buildings was raised as terraced development in 1930. The sunny apartments of 1 to 4 bedrooms range from roughly 49 to 87 square metres, and most come with tub-equipped bathrooms.
They make perfect homes for singles, couples, families, and are conducive to forming a close-knit co-housing community. The façade was repainted in a warm grey hue in 2015/2016. Work done on the property included the refurbishment of windows and roof terraces. By summer of 2017, the hallways of the houses will have been repainted in a new colour scheme, and the playground on the court side will have been overhauled.
The balconies and flats will overlook the tranquil sanctuary of the backyard. The flats are heated via gas-powered central heating units. Cubicles in the basement provide additional storage space to the tenants.
Area
Neukölln counts among Berlin’s most vibrant and hippest districts, appreciated for its bars, international restaurants, clubs but also for its cultural scene including cinemas, galleries, theatres and its sports facilities. The quarter around Silbersteinstrasse and Hertastrasse offers all of this and more. Located near the popular Schillerkiez ward, it combines a multi-ethnic retail line-up with a cosy neighbourhood ambience.
Nearby parks like Tempelhofer Feld, Hasenheide, Plänterwald and Treptower Park lend themselves to all sorts of recreational and leisure activities like running, cycling, picnicking or working on your tan, while the riverbank promenades are great for taking long walks. The local transport links are excellent, the nearest underground and rapid transit station with service to Alexanderplatz or Friedrichstrasse lying within walking distance, and the next slip-road to the A100 expressway just 10 minutes away.
More details
Assets not owned by the company – avoiding conflict of interest
Property management services by a professional and experienced management company
Attractive properties with adequate returns from the first day
Assets recorded in the land register immediately after purchase
