Apartment in Berlin!
Starting at USD 79,000

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Excellent investment opportunity in BerlinApartaments from USD 79,000
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Own a residential property in Berlin, benefiting from the strength of the German real estate market, as well as an attractive increase in the expected value for the property over the next five years.

The building was acquired in its entirety by a leading Israeli investment group, enjoying the framework support provided by the governmental agreements between Germany and Israel to promote bilateral investment and mutual development. The property was purchased below market value, is being offered to individuals at very attractive prices, and presents an excellent business opportunity for end investors.

The property has a total of 31 apartments between 377 and 592 sq. feet (35 and 55 sq. meters) each, and is located on a quiet street in the chic district of Tiergarten, in the heart of Berlin's Central Park, and close to the German Chancellor's office and a large number of embassies.

The apartments, which have central heating and are designed to maximize profitability by sq. foot, are in a good state of maintenance, and are currently inhabited by tenants, so the operation involves the collection of rent from the moment of purchase.

The purchase is eligible for financing of up to 50% of the value given by Deutsche Bank, whose interest rate is repaid back with the rental return, and factors in the maintenance costs of the property, managed by an experienced local real estate firm.

 

Berlin inspires real estate investors

Berlin's economy is booming and is recognized throughout Europe for its high development in the service area. This cosmopolitan city, full of life, is known for its fast transport network, artistic and musical events, conferences, fashion, green environment, and more.

Unlike other European capitals, German laws facilitate the purchase of real estate by foreigners.

In addition, real estate offers investors the opportunity to renovate old buildings, mainly those east of the city, and then offer them for rent. In the case of investments from Israel, development agreements signed between the two governments are the basis for the realization of these operations.

The multinational professional services company PWC, considers Berlin among the top 10 of the world's most attractive destinations for real estate investments. With 3.5 million inhabitants, the German capital has a strong positive immigration of young people who come to work or study.

Characterized by high intellectual development, 7 universities, 20 colleges and 80 research centers coexist in Berlin. Resident academics are integrated in the cultural life of this city, which annually welcomes 25 million tourists, thus boosting trade and a high standard of living, reflected in the GDP per capita of the city, which exceeds USD 36,000 per year.


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