Investment in popular location: 1 bedroom old building apartment in the heart of Neukölln

  • Living space 62 m²

  • Bedrooms 1

  • Living rooms 1

  • Bathrooms 1

  • Availability Rented since 09/2010

  • Construction Year 1907

Highlights
  • Popular location in Neukölln

  • Kitchen with storage room

  • East-facing balcony

  • Termination for own use possible 10 years after acquisition of the property

Features
  • Balcony

  • Firing: Gas

  • Heating: Individual

  • 2nd floor

Description

The Building

Built in 1907, this Belle Époque property consists of a four-storey front building complete with attic floor, an annexed back building plus two courtyards. In 2017, its façades were restored and repainted, and the building derives much of its charm from its colour scheme and the symmetric lines, including the square signature box windows. Overall, the house divides into 28 residential units spread across front and back building, and ranging in size from 48 to 128 sqm. Each apartment comes with a balcony or loggia, and a basement storage room.

The Apartment

A lot of comfort on about 62 square meters offers this rented 2-room apartment on the 2nd floor. Well cut rooms, a kitchen with a storage room, a bath tub as well as a balcony with east orientation distinguish this charming old building unit. Termination for personal use is possible 10 years after acquisition of the property.

The Location

Night or day, there is always something happening in Neukölln. It is a strikingly young and international crowd, and a real creative melting pot, with everyone coexisting peacefully, side-by-side. Finowstrasse itself is a rather quiet residential street, slightly contradicting the bustle of the local area. Families account for 26% of the population in multi-cultural Neukölln, which is considerably higher than the citywide average. There is obviously a large number of trendy pubs, galleries, cafés, health-food stores and boutique stores that lend the quarter a fresh young appearance. At the same time, many young entrepreneurs and startups have chosen northern Neukölln as their place of business. Demand for apartments remains high in the area and this, coupled with a scarcity of properties, has led to soaring prices in recent years, a trend which shows little sign of stopping.

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Per m²

€6,000

Commission

Commission-Free

Property price

€374,460

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Nathalie Kirchner

Real Estate Consultant

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