Germany - Charlottenburg

This is a turnkey investment located in the prestigious and picturesque district of Charlottenebug. This is the centre of the former West Berlin, made particularly famous for its beautiful palace and gardens, rivalled only by Versailles.
The project itself is made up of 30 ready let residential units ranging in size from 46m2 for a ground floor 2-room apartment up to 61.32m2 for a fourth floor 3-room unit. The building is a typical post-war West Berlin building and was built in 1957. However it was completely renovated and modernised in the year 2000 by a very reputable builder.

Location

Charlottenburg is divided in two areas: Charlottenburg and Wilmersdorf. The southern part of the district is one of the wealthier areas of Berlin with posh flats and apartments. The northern part is a nice residential area. Charlottenburg was the center of the former West Berlin and was built-up after the war. Today it’s mostly an up-market shopping and living area for city slickers. The project is located in this area. The famous Schloss Charlottenburg or palace is located here with its vast gardens, popular for walks and bicycle rides. The river spree runs through the area and the district is well connected by public transport including the Berlin Metro.
Wilmersdorf is a wealthy residential area with mostly smaller or single houses/villas.

Pricing & Rental

This is an extremely well priced project for West Berlin & Charlottenburg. Prices range from €68,250 to €85,848. Rental yields on this project are approximately 6%. All units are already let and there is a reputable property management company in place. Please enquire for a full price list and breakdown of rental for each unit.

This is a unique opportunity to acquire well priced units in this part of Berlin.