Schöneberg - Berlin
Berlin - Germany
Studio:
242,900
1 bed:
288,500 - 408,400
2 bed:
439,300 - 623,200
4 bed:
905,000 - 945,600
Investment details
DEVELOPER: | Ten Brinke Group |
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ARCHITECT: | Ten Brinke (Berlin) |
NUMBER OF UNITS: | 64 |
COMPLETION DATE: | June 2022 |
LOCATION: | 99 Handjery Str, 12159 Berlin, Germany |
DISTRICT: | Tempelhof - Schöneberg |
AV. UNIT PRICE: | EUR 333,900 |
AV. PRICE PSM: | EUR 6,960 |
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BEDROOMS: | Studio / 1 bed / 2 bed / 4 bed |
SIZES PSM: | Studio: 39.88 1 bed: 43.07 - 69.63 2 bed: 75.72 - 95.08 4 bed: 124.77 - 126.48 |
LTV: | 70% |
GROSS YIELD: | up to 4.57% |
FLOORS: | 1st to 6th |
Why invest in Berlin
Schöneberg stretches from Berlin’s most high-end department store, the KaDeWe to Friedenau, just north of Stieglitz. The northern sections of Schöneberg neighbouring the Kurfürstendamm encompass the Bavarian Quarter. This section of the city was established in the early 1900s as a bourgeois residential quarter and today boasts some of the most beautiful streets and architecture Berlin has to offer, consequently attracting residents with some of the highest purchasing power in Berlin. Central Schöneberg also offers some of the most diverse range of eateries, coffee shops and bars with a thriving arts scene to boot having been home to numerous famous artists over the years. Over 2018, Tempelhof – Schöneberg saw the second lowest number of newly built apartments out of any Berlin’s 10 districts at only 634 from the 16,700 built in total in Berlin. Due to the low construction figures and high quality of life there is a consistently high demand for both renters and owner occupiers.