Apartments for sale in germany
These apartments for sale in Moabit, Berlin, are going very fast! Berlin offers the chance to be at the very beginning of a property investment that has an incredible rental market. Situtated in the heart of Germany's capital city where only 18% of Berliners own their own homes.
The properties start from £41,233 (EUR 59,250) with a 3 year rental guarantee at 5% and come with tennants already residing. The properties have increased by 7.8% over last 12 months and the rental index has grown to 5.8% of 24 months.
- 3 year rental guarantee at 5%
- Recently refurbished apartments
- Strong capital growth potential
- Long term rental contracts
- 60% mortgage available
- Full management included
A charming residence situated on a quiet leafy street in Moabit, the region of Berlin – Mitte. The property is very central and benefits from being close to the new railway station at Hauptbahnhof as well as the Reichstag and office of the German Chancellor. Just a few moments walk from the property is the shopping district at Turmstrasse.
Originally built in 1958 the building was completely refurbished in 2000. That year new apartments were also built in the roof and a balcony was added to each apartment. The property benefits from an elevator, entry system and a pleasant garden area to sit and relax.
There is a gas central heating installed, all bathrooms are fully
tiled and in the kitchen the necessary white goods are installed ready for rental. Currently all but one apartment is rented and many tenants have made Wilhelmshavener Strasse their permanent home.
When you buy these properties they are already with tenant. This means that your rental opportunities start from day 1. This is an investment opportunity not to missed!
Berlin is regarded as the prime European capital city for investment. With only 18% of Berliners owning property, there is a huge rental market creating genuine buy-to-let opportunities. Figures show that prices have risen by 7.8% over the last year with the rental index showing increases of 5.8% over the last 24 months. With heavy investment in the city and the recent emphasis on property privatisation, Berlin is considered an attractive and secure option for foreign direct investment.
Berlin receives substantial financing from various European Structural Funds intended to bolster the city’s economy and infrastructure. This funding will amount to almost 1.3 billion Euros during the six-year grant period ending in 2006.
The states of Berlin and the federal government are working together to get an ambitious transportation project off the ground: planned investment of around 2 billion Euros is to expand Schönefeld Airport into a major airport, Berlin-Brandenburg International (BBI). Construction should be completed by 2011. More than 5.1 billion Euros is being invested in restoring Berlin’s position as a hub in the European railway network. The tourism sector is rising each year and Berlin is rapidly becoming Europe’s most sought after destination for the property investor.