Mitte - Berlin
Berlin - Germany
Studio:
238,900 - 265,900
1 bed:
285,000 - 459,100
2 bed:
416,900 - 556,600
Investment details
DEVELOPER: | Ten Brinke Group |
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ARCHITECT: | Ten Brinke (Berlin) |
NUMBER OF UNITS: | 35 |
COMPLETION DATE: | December 2021 |
LOCATION: | 49 Grüntaler Str., 13359 Berlin, Germany |
DISTRICT: | Mitte |
AV. UNIT PRICE: | EUR 397,500 |
AV. PRICE PSM: | EUR 6,234 |
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BEDROOMS: | Studio / 1 bed / 2 bed |
SIZES PSM: | Studio: 37.6 1 bed: 47.71 - 67.47 2 bed: 82.8 - 110.02 |
LTV: | 70% |
GROSS YIELD: | up to 4.9% |
FLOORS: | Ground to 6th |
Why invest in Berlin
Tech / Digital Sectors added 200,000 jobs in the past 5 years. Employs 1 of 7 Berliners.
Mitte is the geographical centre and political heart of Berlin - the word “Mitte” literally means “centre.” The district contains many of Berlin’s major infrastructural and cultural landmarks, such as Potsdamer Platz, a conglomerate Mecca that began as the largest building site in Europe, the Reichstag, home of Germany’s Parliament, and the Hauptbahnhof, Europe’s busiest train station. The combination of so many enticing factors has made for a booming commercial and residential real estate scene where property prices are on the rise.