127 Luxury apartments in Schoneberg
Walking distance from two metro stations
Central location on the border of Mitte and Charlottenburg
Close to KaDeWe, Europe’s largest department store
Private balconies and luxury penthouses available
Expected completion in Q1 2018
KU136 Kurfürsten Strasse Berlin has a unique architectural design which combines both the classic heritage of Berlin’s older buildings with the ultra modern city that we see today. The property will blend in perfectly with the surrounding architecture of Schoneberg whilst stand out in its own right as an eye catching edition to this very desirable micro location. There are 8 stories in the property which will be accessible through 5 separate entrances. Off street parking will be provided by a vast underground parking lot which will contain 88 double parking spaces.
KU136 Kurfürsten Strasse Berlin consists of 127 apartments which range from one to four bedrooms in size and one commercial unit which is situated on the ground floor. Apartment sizes range from 40 Sqm for the one bedroom units through to 200 Sqm for the luxury penthouses. All of the apartments will be constructed to the highest of standards and some of the apartments will have the benefit of a private balcony
KU136 Kurfürsten Strasse Berlin has a very central location and is in the heart of Berlin. The property is situated on Kurfurstenstrasse in the northern part of Schoneberg neighborhood on the seam zone with both Mitte and Charlotenburg neighborhoods. Charlotenburg and Schoneberg are regularly ranked as the some of the most desirable locations to live in Berlin and have seen significant development and gentrification over recent years.
KaDeWe, Europe’s largest department store, is situated within walking distance of the property along with many other shops, café’s and cultural landmarks. Kurfurstendamm shopping street, Tiergarten Park and Potsdamer Platz are all close by and are very popular with local Berliners and tourists alike.
The area is very desirable for those with families due to the excellent local facilities. Doctors clinics, schools, sports facilities are all in the immediate vicinity and with nearby Nollendorfplatz and Kurfurstenstrasse subway stations only 3 minutes away by foot, the rest of Berlin is never far away.
KU136 Kurfürsten Strasse Berlin is set to become an iconic property in Berlin. It is the only high end property of its kind in the immediate area, which is currently undergoing a transformation. The central location, good transport connections and impressive design mean this building is sure to return a healthy profit for investors.
It has been 25 years since the reunification of Berlin and it is now home to the fastest growing economy in Germany. The city is characterised by a rich cultural scene, top ranked Universities and a thriving innovation industry. All these factors are attracting new residents from across Germany and the World, resulting in a strong demand for property.
It is currently ranked the #1 investment destination by PWC in their Emerging Trends in Real Estate report. Recent years have seen annual deficits of 15,000 housing units and price increases of 10-13% annually.
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