Property for Sale in East Berlin - Germany | Buy Property in Germany

Berlin’s fastest growing area!

This turnkey Germany property investment offers buyers a guaranteed rental yield along with the potential for high capital growth in the medium to long terms. The development is well maintained and has been awarded TUV Certification for quality in renovation. A key factor for investing in this project is its excellent location close to the new and rapidly expanding Science & Technology Park which now employs over 15,000 people and is growing along with the German economy.

Wohncarrée Adlershof Properties Investment Summary

Very attractive price from €56,288 (€1,404 sqm)
Berlin’s most up and coming area
Rental guarantee at 4.85% yield for 10 years
Close to the new the Science Technology Park and Media City
8 minutes from Schoenefeld International Airport
TUV Certification for quality renovation
Well connected to centre by S-Bahn

Property Development

The Aldershof project is comprised of 115 quality and ready let units. The development was originally constructed in 1937 was renovated in 2003/2004 and has since been awarded the TUV Certificate for high standards in modern renovation. In order to achieve TUV Certification the project must meet strict criteria on the state if modern installations such as plumbing, electricity and heating in addition to construction materials. Aldershof is a very well maintained and clean development adhering to the strictest of renovation standards.

Properties Location Information

Aldershof is located in the district of Treptow-Kopenik. This area has undergone rapid development and expansion over the last 5 years. More and more light industry is being set up in this area thereby attracting migration from around Germany and other nearby EU states. The impressive Science and Technology Park was established here in 2002 and now employs over 15,000 people and is growing. This is located quite close to the development. Also in this area is the new Media City home to such famous media brands as MTV and Universal Music. The international airport at Schoenefeld is only 8 minutes away by car. This airport will be significantly expanded over the next five years to become Germany’s main international airport providing more employment and business for the Treptow-Kopenik area.

The development is also situated close to all city amenities and is well
connected to the centre by the S-Bahn train.

Property Investing in Berlin

Property in Germany and in the capital Berlin has been attracting significant interest from overseas investors over the last year. From Ireland alone property buyers have invested over €1 billion in German real estate in the last year. Its easy to understand why. As the German economy returns to the levels we are used to so too will German spending power and in turn demand for property.

A number of indicators are already pointing to healthy growth for the German economy. German gross domestic product will expand 2.3 percent in 2007, the Economy Ministry said recently after the country’s five leading economic institutes raised their prediction to 2.4 percent. The government’s January forecast was 1.7 percent. The Ministry also stated that growth will accelerate to 2.4 percent in 2008. Accounting for about a third of the euro zone, the German economy recently drove Europe’s fastest growth in six years in 2006 as companies raised spending and hiring to meet booming export orders. Germany’s jobless rate fell to 9.2 percent in March from 9.3 percent, the lowest since May 2001. Source International Herald Tribune 25-Apr-2007.

Germany offers investors a secure investment allied with the potential for some significant capital growth over the next ten years at least. And as the German economy is now exceeding expectations expect property values to rise sooner than expected.

Property Investment Information for Aldershof - Germany

The Aldershof project is one of the most attractive in East Berlin due its pricing and supreme location in one of the most rapidly developing sectors of the capital. It offers investors a secure turnkey investment guaranteeing rental for the next ten years at a yield of 4.85% or €5.65 per sqm. Property management will be handled by one of the most reputable property management companies in Germany.

In the event of a tenant vacating the property there is a rental pool in place to compensate the owner until the unit has been re-tenanted. The rental guarantee is usually “all inclusive”. This provides for a hassle-free style of investment, as the management company takes care of all the day to day running and maintenance of your property and will involve very little intervention on your behalf. This is attractive to the overseas investor interested in capital appreciation who may not want to get too involved until the time comes to resell the property.

However one of the key reasons for investing in this project at this time is the potential for some real growth over the medium to long terms. The location and price of between €1404 and €1433 allows for a healthy rise in the property value as the are continues to develop not to mention the economic situation in Germany which is returning to the levels we are used to.

Mortgage information

Local finance is available subject to conditions in Germany up to approximately 60% LTV. Granting of mortgages depends on various criteria. Please contact us for further details. However many of our clients have chosen to source finance in their home markets including releasing of equity.