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BASDORFER II
Berlin, Marzahn

Studio 34m² to 36m² €34,302 to €36,095
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One Bedroom 48m² to 49m² €46,800 to €46,800
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Two Bedrooms 68m² to 71m² €60,561 to €64,667
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Three Bedrooms 77m² to 82m² €70,969 to €75,275
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Classic - Buy to Let
 
EXPECTED RENTAL INCOME UP TO: 8.9%

Apartments of very good standing located in the north-eastern edge of Berlin, bordering Brandenburg to the north and the east. Many apartments are equipped with fitted carpeting or gleaming laminate throughout and clean bathrooms with tiled flooring. The brand new large windows light up the living space. These  exceptional advantages make it a very stable property for investment. A real investment, this is for cash only buyers who are ready to close end of  march.

The main landmarks of Marzahn's village centre is the historical castle Biesdorf and the wooden windmill with its rural charm. In addition, one of the largest shopping centers nationwide is just a stone's throw away from the apartments. Main traffic connection to the city centre is city-train S7 and S75, there is also an impressive bus and tram network.

Reservation is possible with a low deposit of 5 %. This low cost investment is a perfect buy to let residential oppotunity. A self managed property as the management will be arranged for the investor.

With its unique World Garden, Marzahn Recreational Park is one of the most popular day-trip destinations in Berlin. Situated between the residential areas of Marzahn and Hellersdorf, the park was opened in 1987 as part of Berlin's 750th anniversary celebrations. Around 21 hectares in size, this flourishing urban oasis displays a variety of flowers whatever the season. Visitors can choose, for example, between the Yellow Garden, the White Garden and the Rhododendron Grove. The World Garden is a real rarity, with the largest Chinese Garden outside of China, as well as stunning Balinese, Oriental, and Japanese gardens.

Key selling points and investment justifications:

  • moderate risk property as apartment is already tenanted
  • purchase price is under market value
  • closing cost appr. 6,5% including notary, solicitor, property tax and registration fees
  • transportation is exceptionally good
  • the common property has been fully refurbished
  • very good rental income

 

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