A 52,3m2 1-bedroom apartment on the 2nd floor in a residential but very lively area appealing to families and younger people alike, perfect for rental! The city centre is only a short distance away with the excellent Berlin transport system.

These apartments in the south of Berlin's centre come with guaranteed rental income and property management services for 3 years. With a yield of 6% net and such competative prices these properties represent a terrific investment opportunity!

The apartments have been fully modernised to include new kitchens and bathrooms as well as central heating. The developer is currently building new apartments in the roof space and the facade of the building will then be refurbished but importantly all of these costs are included.

Why invest in Berlin?

* The world's biggest investment firms are investing in Berlin with 15 Billion Euros in private equity funds already in place.
* Very attractive purchase prices. Buy an apartment in Berlin, the capital of Germany, one of the world's strongest economies, for the price of a garage in London / Dublin!
* Invest in a booming area of developing physical and business infrastructure
* Excellent capital growth potential ( we expect prices to double in 5 years )
* Strong rental market
* Regulated legal system and EEC protection

Berlin now represents the most competitively priced Property in Europe.

In the current market a new apartment in Berlin costs 30% less than the same apartment in Munich. Moreover, international comparisons reveal Berlin Property at an average price of 1,000 euros/m2; with Paris and London in excess of 5,000 euros/m2;!! Berlin Property prices are currently below those of Prague, Budapest and Warsaw, to name just three!

Tourism increased by 16% in 2004 alone. In excess of 2,000 four and five star hotel rooms have been built in the last 3 years including Ritz-Carlton and Radisson. There were 14 million overnight stays in 2005 compared to 11.2 million in 2003. British tourism increased by 22% in 2006 alone.

Air traffic into Berlin airports is up by 8% in 2006 and flights arrive from Ireland (Belfast, Dublin and Cork) and the UK (Bristol, East Midlands, Glasgow, Liverpool, Manchester, Newcastle, Gatwick and Luton). A new airport (Berlin Brandenburg International) is under construction which will bring significant levels of investment.

What this all adds up to is a tremendous investment opportunity!

Even in times of declining economic activity, Berlin has been able to hold its ground as a competitive business location. The city’s outstanding infrastructure, its large and highly qualified workforce, and its excellent colleges, universities, and research institutions are major reasons motivating companies to locate here. Once an industrial city, Berlin is on the way to becoming a modern centre of service providers. One important business sector is tourism: 6.7 million overnight stays in the first half of 2005 mean that Berlin has chalked up yet another record.

The economic structure of the Berlin-Brandenburg region is still in flux, since the economy has been forced to adapt to altered basic conditions and new market challenges.

However, the restructuring of the economy has also resulted in great opportunities. The future belongs to knowledge-, technology-, design-, and service-intensive industries; the service sector is already the driving force in the city’s economy. Berlin receives substantial financing from various European Structural Funds intended to bolster the city’s economy and infrastructure.

In order to secure its position over the long term as a location for business, Berlin will have to prioritize the acquisition of competence in forward-looking sectors. The prerequisites are already in place. One positive legacy of the city’s years of division is Berlin’s outstanding academic, scientific, research, and development landscape: for political reasons, both West German governments and the GDR had concentrated scientific and academic potential in Berlin. As a result, Berlin has a wide range of colleges and universities and many research institutions.

Bolstering the economy and creating an environment conducive to investment and economic expansion are among the state’s key tasks. Berlin is investing great effort in bringing modern, competitive industrial production facilities to the city, not least as an anchor for the growing sector of production-related services. The Senate provides support to promising new businesses and sector-specific technology and start-up centres. Policies promote both existing businesses and investment in the modernization of business-related infrastructure. Priorities include boosting innovative capacity by creating networks and disseminating technology, as well as assisting small and medium-sized businesses, since these play a key role in the creation of new jobs.

Because of its geographical location, its convenient transportation connections and options, and the specialized education available at its universities, Berlin plays an important role in expanding economic ties with Eastern and Central Europe. The city conducts advertising campaigns aimed at attracting new businesses from these countries. Berlin is also an attractive international congress and trade fair location, with major events such as the Internationale Funkausstellung (IFA) Your World of Consumer Electronics, the International Green Week, the Internationale Baufachmesse Berlin (bautec) for the construction industry, and the International Tourism Exchange (ITB). The number of Eastern European exhibitors at Berlin’s trade fairs has tripled since 1991.

The Berliner securities exchange has become a specialized market for Eastern European stocks, and 145 Eastern European securities are currently traded in Berlin. The EU’s enlargement to the east has created the framework for a stronger exchange of services and for additional sales and production potential: enlargement has increased the population of the single European market by around 100 million. Projections for financial services, banks, and insurance companies are also positive.

A highly qualified labour force, a large regional market, and a highly developed infrastructure also number among the city’s important location factors. Additional assets include its many available properties and its high quality of life, thanks to the natural environment, recreation areas, and cultural diversity. As a centre of excellence, Berlin is relying chiefly on new and expanding technology fields: information and communications technology, multimedia, the media industry, environmental engineering, medical technology, biotechnology (an important example of which is the research park at Buch), and transportation technology are priority sectors. More and more effort is being put into organizing technology transfers and closer links between business and science.



To request further details please use the Contact Us link below.

To view more properties from Knight Knox International click the 'More Properties' link below.