You may have seen this property on other well known sites at a much higher price (51,750). This studio penthouse was built in 1990 and sits on the top of an apartment house built in 1960. On the top floor of this four storey building the recently renovated apartment offers a fully tiled exclusive bathroom with bath tub, a superb fitted kitchen and a large living area. The studio has wood strip flooring in the living area as well as central heating.

The apartment is only 500 metres from the local underground station (Scharnweberstr.) and offers nearby access to the Berlin inner ring road. It is quite close to Tegel airport which is scheduled to complete in 2012, 6 months after completion of the new Berlin Brandenburg airport (currently Berlin-Schönefeld). It is generally accepted that the quality of life will improve for those people living in the immediate vicinity.

Note according to a recent report by Jones-Lang-Lasalle, Reinickendorf prices and rents have stayed much the same for the last 2 years. This is because they started from a much stronger position and the district was largely unaffected by the fall of the wall. In 2006 52.42% of households here were 1 person and 28.89% were 2 person. There owner % is less than the Berlin average with only 5.23% in 2006, so it is very much a tenant market.