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STRALAUER ALLEE

$ 147,615 - 907420
GERMANY, ,
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INVESTMENT DETAILS

Stralauer Allee is a striking redevelopment in one of Berlin’s most chic neighbourhoods. Part new-build and part rejuvenation of an old East Berlin block, Stralauer Allee perfectly parallels the old-meets-new character that defines this part of the historic German capital.

AT A GLANCE

  • Berlin, Germany
  • USD 147,615 – 907,420
  • 398 – 1,692 square feet
  • 1 / 2 Bedrooms
  • 60% LTV
  • Estimated completion: Q4 2016
  • Freehold
  • Rental yield up to 5.43%

FACILITIES AND FEATURES

  • 24 high-standard, new-build apartments along the River Spree
  • 2 exceptional sixth-floor penthouses with stunning terraces
  • Landscaped central courtyard with children’s playground
  • Average price of EUR4,844 per sq m / 450 per sq ft
  • Central to the ongoing Mediaspree development masterplan, among Berlin’s largest regeneration schemes
  • Thriving outdoor café/bar culture of Simondachstrasse has made it one of Berlin’s most fashionable Kiez – the Berlin term for a small local neighbourhood community
  • Short commuting distance from employment hubs in Mitte

 

In the 25 years since German reunification, Friedrichshain has emerged as one of Berlin’s foremost regeneration districts. Now considered one of the city’s most fashionable areas, the investment that continues to transform Friedrichshain marks the neighbourhood apart as one of Berlin’s top locations for property investment.

INVESTMENT CASE

Why Friedrichshain?

  1. Major hub for the city’s creative media and design industries
  2. Population forecast to grow 8.6% between 2011 and 2025
  3. Friedrichshain apartment prices rose by 17.8% across 2014
  4. Significant residential undersupply across Berlin
  5. Berlin behind only London and Paris as Europe’s top city for tourism and investment
  6. State economy growing faster than any other part of Germany

PAYMENT PROCESS

  • A completed IP Global Unit Application Form
  • Payment of HK$25,000 client fee at the time of reservation
  • A copy of your passport
  • 7.5% immediate payment of Notary Fee, Land Registry and Property Transfer Tax
  • Payment schedule for the first 40% (assuming a 60% loan to value mortgage) :15% in around 1 month. Next 15%, 12 weeks thereafter. Final 10%, 12 weeks thereafter. 60% to be drawn down from mortgage
Address: GERMANY
City:
State:
Country: Germany
Property Id : 414
Price: $ 147,615 - 907420
Property Size: 398 ft2
Property Lot Size: 1 ft2
Rooms: 2
Bedrooms: 1

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