This development is currently off market and available exclusively to Iopin customers. The residential complex is situated in one of Berlin’s most sought after locations and is close to a host of amenities, transport and entertainment venues.

Purchase Price €1,850,000

Rental Yield 8% net

Total Units 30 apartments

Plot size 2266 sqm

Net Rent PA €147,231

Rent Increase up to 20%

The apartments are located in the popular district of Berlin-Tiergarten between the river Spree and the Turmstrasse, the main high street in the district. A vast array of supermarkets and shops are just a few minutes walk away.

Berlin-Tiergarten is situated in the heart of the City between the City-West center of the Kurfürstendamm and the City-East center of the Friedrichstrasse. The transport links are excellent; the Underground-Turmstrasse as well as numerous bus stops are located in the immediate vicinity of the property. Berlin’s Central Station (Hauptbahnhof) is less then 5 minutes away, and the Beusselstraße motorway is only approximately 1.5 km away from the apartment complex.

There are two buildings ’side by side’ on offer as one development. The first building was built in 1964 and has 6 floors. The new building built in 1990 has 7 floors. The earlier building was refurbished in 1990 during the same time the new building was built. The 6th and 7th floors have a very spacious roof terrace. All the apartments are in excellent condition. The property has a total of 30 apartments, 17 in the original building and 13 in the new building. The average size of each apartment is approximately 75m². Furthermore, this development also has garages available for lease or sale which can offer a substantially increased ROI.

For a full brochure of this development, please contact us quoting reference BER/004