This flat is situated in a calm area surrounded by many beautiful parks and is within walking distance to the canal. In the nearby vicinity you will find everything readily available for daily needs including various shopping possibilities, restaurants as well as a very good connection to public transportation.
Neukoelln lies in Berlin's South and distinguishes itself especially through its multicultural character. People from various nations meet at the lively and coloured weekly market on Hermann's square. Around this market square and on the adjacent Karl-Marx-Street you can find many shops and department stores which make this place one of Berlin's most highly frequented shopping areas. Nearby you will find Germany's most unconventional opera house, the Neukoellner Opera. At the north side of Neukoelln you will find many canals and waterways, the Britz Castle and the remarkable Garden of Britz, all fantastic landmarks and sites to see. In nearby Rixdorf, you'll find one of the most beautiful downtown old-building-quarters with 250+ years-old architecture, where it's easy to forget being in the middle of a modern city like Berlin.This bright studio apartment has a modern bath which has recently been installed and other renovations have been made. The property is currently vacant making it ideal to either rent out or as a personal residence. There is a onetime maintenance provision which each owner in the building is required to pay. The provision pooled together from all the owners will cover any maintenance in the public areas of the building, inside and outside repairs as well as the general upkeep of the building. This provision will be transferable to the next owner in the case of a resale (in the case that there has been no major refurbishment during that time).
Key Investment Points:
Calm while still centrally located
High rental income
Excellent connection to public transportation
DAMMWEG
Germany, Berlin, Neukoelln
Studio 34m² to 34m² €26,070 to €26,070
Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 8.00%
