113 units including apartments, family units and commercial opportunities
Secure underground parking
Landscaped gardens for ground floor units
Located in South Mitte in the heart of Berlin
Year-on-year capital growth of over 10%
Excellent transport links to all of central Berlin
Walking distance to Tiergarten, KaDaWe, Potsdamer Platz and countless cafes, bars and restaurants
Genthiner Strasse Berlin is a seven-story new development that will house over 6650 SqM of living space and approximately 1,950 SqM of commercial and office area. It showcases both an urban uniqueness and architectural refinement. The three individual buildings are built in a contemporary design, providing a healthy and holistic balance between creativity and work.
The size of the small apartment’s range from 25 SqM to 75 SqM. The traditional family units range from 75 SqM to 193 SqM.
Apartments feature both generous windows and private loggias, balconies and terraces. Ground floor units will enjoy elegantly landscaped gardens. Furthermore, there will be 72 underground parking spaces and bicycle parking available.
Genthiner Strasse Berlin will be built with three adjacent buildings and an underground car park on a 2,880 SqM site, which is part of a row of historic apartment buildings on Genthiner Strasse.
The site is located in the Southern part of Berlin’s Mitte district, steps from the border of Schöneberg and close to Winterfeldplatz, the Kulturforum and Wittenbergplatz. It is surrounded by many shops, markets and cultural attractions, such as the Staatlichen Museen and the Philharmonie.
The subways stations, Nollendorfplatz and Kurfürstenstrasse, as well as a number of bus lines, are also just a few minutes walking distance away. Berlin Tegel Airport (TXL) is only 9km West of G40.
Both TU-Berlin and Berlin University of the Arts can be reached by metro in about 20 minutes. There are seven schools in the nearby district, three of which are elementary schools. There are 66 kindergartens in the Mitte area as well.
Genthiner Strasse Berlin is located in one of Berlin’s most sought-after neighbourhoods, Mitte. In recent years, this area has experienced some of the strongest price increases in the whole of the city:
The rental prices in the area have also seen good increases in recent years and this comes despite the ‘Mietspiegel’ rent controls in the city:
This property is managed by Inspiration Group and their in-house customer support unit. Unlike most German management companies they offer customer support in English and Chinese, including monthly updates concerning the investment.
Receiving financing from German banks is made possible for international investors through a pre-approval process.
We help all of our clients re-rent their apartments in the event that they become vacant. We also try to maximise the investment potential of every unit by actively searching for new tenants.
Inspiration Group will act on behalf of investors in selling their properties to a 3rd party.
Regular repairs are performed professionally by Inspiration Group’s maintenance team often without cost to the investor.
Inspiration’s expert team will offer support and manage renovations. Renovations are primarily conducted in cases in which the existing tenant has left the apartment.
The scope and level of renovations are decided upon through consultation with Inspiration Group and are performed in order to increase the apartment’s price or rental yield.
An annual tax filing is required by investors by German Law. Filing is performed through an affiliate CPA office and includes income from rent or sale of one or more apartments.
Single Investor – €150 + VAT
Joint Investors – €225 + VAT.
*Prices correct as of January 2015