This modernized historical building offers exclusive buy to let residential properties situated in one of Berlin's most popular districts with vast beautiful parks (Treptower Volkspark, Plaenterwald forest), picturesque harbors, wellThis modernized historical building offers exclusive buy to let residential properties situated in one of Berlin's most popular districts with vast beautiful parks (Treptower Volkspark, Plaenterwald forest), picturesque harbors, well preserved turn of the century architecture, and plenty of historical sites. Reservation is possible with a low deposit of 5%. Built in 1905 on the corner of Scharnweberstrasse and Drachholzstrasse, this 3-storey building was completely refurbished from 2004 to 2007, including thermal insulation, pipes, electrical systems, intercom systems, and fitted kitchens. With Berlin being a hot pick among real estate experts, this is your chance to enter an evolving market early. Property prices are still low and living space is available at a fraction of the prices paid in London and Paris. The Berlin government has made significant investments into infrastructure and city upgrading, resulting in increased attractiveness for its people and capital. Key selling points and investment justifications: Increasing rental demand in this area High standard flats - no maintenance issues Transportation is exceptionally good Rare opportunity to buy under current market value in this district Property is located in one of the best areas of Berlin Financing available up to 60% Loan to Value Closing cost appr. 8% max. including notary, solicitor, property tax and registration fees Scharnweberstrasse
Germany, Berlin, Treptow-Koepenick

Two Bedrooms 95m2 to 97m2 - 204000 to 208100 euros,
Three Bedrooms 133m2 to 133m2 - 286800 to 286800 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 4.84%