Dortmunder Strasse BERLIN

It's not often that one has the opportunity to acquire well priced property in a top location in the capital city of one of the world's leading economies. Dortmunder Strasse is one of those rare opportunities. Situated in the prestigious Tiergarten in the heart of the German capital, this project offers property investors a secure buy-to-let investment that should appreciate well as Europe's largest economy continues its comeback. The project is made up of 32 apartments in a classical 'turn of the century'. All units offer investors immediate rental returnsThe Investment
Aside from its location in the Tiergarten, Dortmunder Strasse is a complete turnkey investment. Units are sold with tenants already resident. Rental is guaranteed at €5.50 per sqm per month. In the event of a tenant vacating the property there is a rental pool in place to compensate the owner until the unit has been re-tenanted. The rental guarantee is usually “all inclusive”. This provides for a hassle-free style of investment, as the management company takes care of all the day to day running and maintenance of your property and will involve very little intervention on your behalf. This is attractive to the overseas investor interested in capital appreciation who may not want to get too involved until the time comes to resell the property.While the guaranteed rental option offers investors security the strategy for investing in this project is to benefit from long-term growth. Official capital appreciation figures for Berlin are at 2-3%. However we are noticing a much steeper rise in property prices over the last 6 months. This is partially due to a renewed interest in German property from not only the Germans but also from international investment companies banking on quicker rises in property values due to better than expected economic results.

Price

From £50,000.00