Erich - Weirnert Strae

Location

This project is well situated in Prenzlauer Berg just off Schonhauser Allee, a popular avenue. Residents have all city centre amenities on their doorsteps including the S-Bahn (Train) and many shops, bars & restaurants. Most of Berlin’s main tourist attractions are also located nearby.

Prenzlauer Berg is one of the most classical parts of Berlin and managed to evade most of the bombing from the war. As such the area features many beautiful ‘turn of the century’ buildings including this one. Since re-unification the area has undergone significant rejuvenation and now benefits from a more advanced infrastructure than the Western half of the city. Many businesses are relocating to the area and benefiting from the new infrastructure.

The Development

This is a project of 23 well priced one, two and four room apartments situated within a classical building. The building has a beautiful and intricately designed ‘Jugenstil’ façade. As is typical with many classical renovation projects in Berlin, the investor has the option of modifying the floor plans / layouts as they wish or they can accept the architect’s suggestions.

Prices in this project start from 50,886 Euros for a studio of 30.84 sqm up to 466,265 Euros for a four room unit of 197,57 sqm.

The building is located in the popular district of Prenzlauer Berg. The building has been renovated keeping the splendid look of its façade.

>All apartments have been completely re-developed.
>Local finance available.
>Ideal for rental.

Development Features:

• Country: Germany
• Region: Berlin
• Location: Prenzulauer Berg District
• Type: Buy to let Development
• Units: 23
• Size: 30.84 sqm to 197,57 sqm
• Price: 50,886 to 466,265 euros

Reasons To Invest:

• Extremely well priced
• Rental yields at average 6.5%
• Fantastic building renovation
• Well located in Prenzlauer Berg District
• Flexible layout designs
• Completion end of 2007

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