FEATURES OF THE PROPERTY:
This Berlin (second wave) Altbau apartment has a reliable tenant currently paying a gross rent of €550/month.
The price of the apartment (€2.571/m²) is considerably under the price for a vacant apartment. The property can be seen as a good, solid and reliable, long-term investment.
Both the apartment and the building are in absolutely excellent condition.
The apartment has a balcony/loggia facing south-west, and is set back from the footpath and (quiet) street, behind an attractive lawn area.
A private outdoor parking place (at the back) can be rented.
The building is monument protected (Denkmalschutz) and so there is not energy certificate available or required.
FEATURES OF THE LOCATION:
The apartment is centrally located in Schmargendorf, part of Berlin-Charlottenburg, on an extremely calm and quiet street which has very little through traffic.
Just two blocks away in one direction is the classy shopping street of Berkaer Straße and its surrounds. One block in the other direction is Hohenzollerndamm, which gives fast access to Kurfürstendamm and to the KDW.
Very close by is a leisure paradise: the lake and forest area of Grunewald.
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We know the local market for old apartments and for new builds, including luxury property, and we can offer exclusive opportunities in these areas.
We will support and advise you through all procedures and provide information on all aspects of your investment.
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