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Get hurling to Berlin!

 

Overseas Property News - Germany

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News Detail

The North East of Germany is host to its largest city, Berlin. Capital of all Germany since 1989 when the memorable collapse of its east / west divide fell to the floor, at the hands and to the feet of its ecstatic 3.4 million freshly freed residents. And without looking back, Germany has since gone, undisputedly, from strength to strength.


With Berlin beating fast and hard as its heart, it comes as no surprise to see it being righteously recognised as the low cost centre for all the things celebrated by its liberal lifestyle leading people. Festivals and nightlife, avant garde art and stunning architecture all add to the city's attraction, as does this current investment opportunity, ideally situated in the borough of Pankow, notably home of the Rykestrasse synagogue, Pankow's biggest and most beautiful place of worship.


Even more mention worthy is an investment opportunity that comes at a mere asking price of €43,000! An ideally situated, single bedroom studio apartment overlooking its surrounding foliage friendly environment, in the German capital itself can be yours today!


Originally built in 1905, this modernised property still retains some of its incredible and original period features from just over an entire decade ago! Offering a range of new facilities that includes its central heating system, tiled bathroom and kitchen, this apartment is not only in excellent condition but has clearly been well maintained.


The current tenant has, for the last four years, understandably brought this studio up to its optimum level of salability. The studio yields an attractive 5.3% return and is undoubtedly a great overseas property investment opportunity.


DSR can't emphasize enough, the perfect situation that this property finds itself in. He explains"… "The property itself is in an ideal location, with its own (Pankow) railway station offering easy access to Berlin's U bahn, which covers 170 stations below the city's streets". David also adds that the U bahn is "Germany's most extensive underground network".


And so, located as it is, this Pankow based studio offers everyday commuters or sightseeing holiday makers alike, the easy access to practically anything, anywhere, anytime, amidst the tantalising German city of Berlin!

Back To News Archive in Germany

 

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