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French leaseback property




As new building in good Prenzlauer Berg location

main development picture from berlin property
One of the finished apartments
9 more photos 

Prenzlauer Allee
Germany,Prenzlauer Berg ,Berlin

64 sqm - 2 rooms - 130,000 EUR
6.5 EUR per sqm guaranteed cold rent for 5 years (for 2 months cold rent)
7.5 EUR cold will be requested

Commission : 5%

Year of construction : 1900
Year of renovation : 2007
Price per sqm : 2031
Cold rent yield 4.43 %

Status: Not available

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This complete renvation project started at the beginning of 2007. Building is almost complete at the start of 2008 and will likely complete in Feb 2008. Most of the units are sold so the prices of all the remaining units have been reduced (this one from 143,800 EUR to 130K)

Prenzlauer Allee is located in the district of Prenzlauer Berg. This is a lively area that has undergone regeneration since the reunification, in order to bring it back to its original turn of the 20th century charm. Prenzlauer Allee is one of the three main thoroughfares taking you into Prenzlauer Berg.

It is perfectly located at the "Alex" end of Prenzlauer Allee, 1 minutes walk from the nearest tram station. It is also almost directly opposite one of the trendiest and most charming parts of Prenzlaeur Berg, the "Wasserturm" or "water tower" and a few minutes walk from "Kollwitzplatz" which is arguably the trendiest square (or triangle actually) in Prenzlauer Berg. There are many fine restaurants, cafés and galleries around these locations. These are wonderful, charming streets. The attraction of this location can only be fully realised by visiting.

All essential city centre amenities and public transport are readily accessible in this district.

This is a high quality new development in the fashionable district of Prenzlauer Berg in Berlin. The building was originally built at the beginning of the last century and is being carefully restored offering an ideal mix of classical charm with comfortable modern interiors. There will be 15 units including two commercial units on the ground floor.

The builder has also taken pride in the preservation of the old existing style elements - windows and doors are as far as possible restored to their original look. If they cannot be restored they will be recreated exactly. The building has been fitted out with top quality finishes and the layout of each unit is designed with the utmost comfort for the resident in mind. It is difficult to find newly renovated classical buildings in this central part of Berlin.

Please ask for reference list showing other buildings completed by the same developer, including one within walking distance of this one which we advise you visit at the same time.