Secure discount on charming 2-bedroom period flat with balcony & tub bath in quiet location
• 2nd floor
• 2 rooms, approx. 69 sqm
• Bath with tub
• Balcony
• Elevator
• Rented
• Commission free
Building
Benefit from the attractive tax advantages of your capital investment: Tax-free sale after a 10-year holding period, depreciation of acquisition and property management costs, deductibility of loan interest and much more.
Building details:
In the Kissingenviertel quarter south-east of the Florakiez neighbourhood, between Berliner Strasse and Neumannstrasse, lies the charming period building of Binzstrasse 20 on a quiet tree-lined residential street.
Built around 1910, the well-appointed multi-unit dwelling divides into a front building and a back building as well as the shared inner courtyard in between. Each of the ground floor flats comes with its own patio and a small garden section.
The period building welcomes its residents with a bright and friendly façade accentuated by red highlights. All of the period features in the stairwell were painstakingly refurbished, with the details skilfully restored. Stucco images on the walls of the entrance area and curved hand rails lead elegantly to the flats. What all of the flats have in common is that bedrooms, bathroom and kitchen are situated directly off the hallway. The bathrooms get natural light while the kitchens offer ample space for cooking and spending time together.
The flats have been continuously upgraded. Most of the dwellings are in excellent repair and meet present-day standards, featuring double-glazed windows, new radiators as well as new electric and utility lines.
Area
Pankow is a district in northern Berlin that, together with the districts of Prenzlauer Berg and Weissensee, belongs to the eponymous borough of Pankow. To this day, the green district with its enchanting blocks harks back to its past splendour of stately summer residences set inside sprawling parks. The people of Pankow appreciate the tranquillity and peacefulness of the area as much as the close proximity of the bubbly district of Prenzlauer Berg.
Pankow offers a wide variety of things to do. Choices include Berlin’s oldest street market on the historic village green of Pankow, the only nature protection area with a rich diversity of bird species in the inner city, a quiet lake shore of Fauler See or the banks of the River Panke after which the borough takes its name. Hiking alongside the narrow river will take you through several scenic park facilities, such as Bürgerpark designed by Lenné or the grounds of Schönhausen Palace. The manor, which once served as summer residence of Queen Elisabeth Christine, wife of Frederick the Great, was also used as guest house of the East German government and seat of East Germany’s president. In the years following the country’s reunification, the palace was painstakingly restored and now houses a museum dedicated to its own turbulent history.
The Berlin-Usedom long-distance cycle route of 337 km branches from the Schönhausen palace grounds before heading out towards the Baltic Sea, passing through pristine outdoor scenery en route. Whenever you feel like leaving this quiet recreational ambience to experience the city’s cultural life, you will find a vibrant scene in nearby Prenzlauer Berg, e. g. at Kulturbrauerei, Prater or in any of the many cafés here.
The Florakiez neighbourhood near Binzstrasse is another great destination for shopping and hanging out. Small delis, exquisite boutique stores of studio character and cosy restaurants offer residents and visitors of Pankow a wide variety of aesthetic and culinary delights. Indeed, the Florakiez neighbourhood with its cafés, periodic street parties and flea markets is one of the factors that make Pankow so vibrant and charming.
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
