Potential investors with an eye on an apartment in Berlin will now without a shadow of a doubt be able to find exactly what they are looking for in a German property with David Stanley Redfern. We have everything, from studios to four bedroom apartments, some tenanted, some empty, and all in the most sought after areas of Germany's vibrant capital city.
The shrewdest investors will know that Germany's property boomlet fizzled out as quickly it began, but Berlin was a strong property market before the mini-boom and remains strong after it. In Berlin the demand for quality housing far outweighs the supply, so it is an excellent city for residential rental, and David Stanley Redfern's tenanted apartments give a very rarely found chance to earn an immediate income. Plus, with contracts and prices in place, you can approach banks with a buy to-let finance request without having to worry about what they will estimate as the property's potential rental income. The un-tenanted apartments can fetch yields of between 6 and 8%.
In fact the best of the new bunch comes with a 6% guaranteed yield for the first three years: 1-5 room apartments in Tempelhof Berlin, prices starting from £37,000, all apartments have been modernized and fully refurbished, as well as having fitted kitchens and central heating.
Number two in this roundup of DSR’s hottest Berlin investment properties is the Hubertusaleefinal development -- a DSR exclusive. While there is no guaranteed rental yield, this property is at number two because it is at such a low price for its prime location, at the heart of vibrant West Berlin. The Kurfuerstendamm starts just thirty metres from the development, its exclusive shops, restaurants bars and theatres can be seen from the front windows of the apartments. From the back windows you can see Grunewald and the embassies, consulates, exclusive villas, beautiful forests and lakes of the wealthiest area in Berlin. Studios starting from just £44,000 in such an area gives plenty of scope for strong yields and impressive potential for capital appreciation.
And number three because it is slightly more expensive but again, in an even more exclusive and prime location are the studio-3 bedroom apartments in Mitte. Mitte is another area filled with embassies and global corporations, and this complex has been fully modernized and refurbished, and is in a nice quiet part of the district -- with a large park and wooded area right next to the development. Prices start at £65000 for a studio, which in an area like Mitte still leaves room for at least a 6% yield, maybe more from new executives coming to work in the multinationals nearby.
Find out more about David Stanley Redfern’s investment property in Mitte and throughout the best areas of Berlin at:
http://www.davidstanleyredfern.com/
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
