

Mitte - Berlin

Berlin - Germany
Studio:
238,900 - 265,900
1 bed:
285,000 - 459,100
2 bed:
416,900 - 556,600
Investment details
Along with Bornholmer Strasse, there is the Cherry Blossom Park, a tranquil promenade dotted with trees gifted by Japan after the city’s reunification; Mauerpark, Berlin’s most popular public park and host to sensational weekly farmers markets; Schönhauser Allee, lined with one-of-a-kind fashion shops and cafes housed inside breathtaking 19th century architecture; Kulturbräuerei, an old brewery repurposed as a leisure arcade for all ages.
Clearly, there’s no shortage of activity in Prenzlauer Berg. Our project puts you just off-center of the action, close enough to enjoy and far enough removed for a quiet night in. With Bornholm, we are offering a prime opportunity to get involved in Berlin’s new hotspot before it matures into the investment haven it is quickly becoming.
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
320,000 increase over the past decade.
Office Vacancy Rate: 2.7%
Unemployment Rate 2018: 7.6%
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.
