PRIME LOCATION APARTMENTS IN PRENZLAUER BERG

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PRIME LOCATION APARTMENTS IN PRENZLAUER BERG HUSEMANNSTRAßE 34, KOLLWITZPLATZ + GREAT MICRO LOCATION IN ONE OF BERLIN'S MOST POPULAR NEIGHBORHOODS NEAR KOLLWITZPLATZ + 1-4 ROOM APARTMENTS IN A CLASSIC ALTBAU BUILDING + DISCOUNT PRICES – APARTMENTS MARKETED SIGNIFICANTLY BELOW MARKET PRICE AVERAGE + COMPLETE INVESTMENT MANAGEMENT SUITE BY INSPIRATION

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PRIME LOCATION APARTMENTS IN PRENZLAUER BERG. GREAT MICRO LOCATION IN ONE OF BERLIN'S MOST POPULAR NEIGHBORHOODS NEAR KOLLWITZPLATZ 1-4 ROOM APARTMENTS IN A CLASSIC ALTBAU BUILDING DISCOUNT PRICES – APARTMENTS MARKETED SIGNIFICANTLY BELOW MARKET PRICE AVERAGE - PowerPoint PPT Presentation

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Page 1: PRIME LOCATION APARTMENTS IN PRENZLAUER BERG

PRIME LOCATION APARTMENTS IN PRENZLAUER BERG

HUSEMANNSTRAßE 34, KOLLWITZPLATZ

+GREAT MICRO LOCATION IN ONE OF BERLIN'S MOST POPULAR NEIGHBORHOODS NEAR KOLLWITZPLATZ

+1-4 ROOM APARTMENTS IN A CLASSIC ALTBAU BUILDING

+DISCOUNT PRICES – APARTMENTS MARKETED SIGNIFICANTLY BELOW MARKET PRICE AVERAGE

+COMPLETE INVESTMENT MANAGEMENT SUITE BY INSPIRATION

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THE PROPERTY 34 Husemannstraße Building Type - AltbauApartments: 18 tenanted, 1 vacantCommercial units: 1 leased, 1 vacantRooms: 1-4 rooms, 50-135 SqMBalconies: In most apartments

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Address – 34 HusemmanBuilding Type - AltbauApartments: 18 tenanted apartments, 1 vancantCommercial units: 1 leased, 1 vacantRooms: 1-4 rooms, 333-999 SqMBalconies: in most apartments

THE PROPERTY 34 Husemannstraße Is a unique corner building constructed in 1910 in the Altbau style. The property is located in one of the most exclusive areas of Berlin – Kollwitzplatz, Prenzlauer Berg.

There are 19 apartment in the property, 1 of which is vacant, and 2 commercial units. A modern central heating system has been installed in the building, and most apartments enjoy an attached balcony.

All apartments are being marketed at discount prices compared to the neighborhood average.

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THE LOCATION

EBERSWALDERSTRASSE

+EXCLUSIVE MICRO-LOCATION NEAR KOLLWITZPLATZ, PRENZLAUER BERG

+MINUTES AWAY FROM U-BAHN AND

S-BAHN SUBWAY STATIONS.

+SURROUNDED BY CULTURAL AND ARTISTIC VENUES.

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THE LOCATION

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1. Park – Kollwitzplatz – 550m2. Lifestyle – Kollwitzstraße –

250m3. Metro - Eberswalder Str. U-

Bahn, and Danzigerstr. shopping street.

4. Metro Prenzlauer Berg Allee – S-Bahn, 500m

5. Park – Mauerpark - 1.1km 6. Humboldt University 4km7. Hackesche Höfe 2.4km –

shopping8. Alexanderplatz 2.5km

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THE LOCATIONThe micro-location surrounding Kollwitzplatz, and Kollwitzstraße, is considered one of the most up-scale areas in Berlin, with impressive Altbau buildings lining the streets. Prices of properties, and rental prices are some of the most expensive in the city on par with the prices in Mitte the Ku’Damm area.

A large number of restaurants, coffee shops, galleries, pubs and boutique stores create the unique life style characteristic of Prenzlauer Berg. Kollowitzplatz also hosts a vibrant weekend market, and an organic farmers market each Thursday.

Prenzlauer Berg’s popularity amongst young affluent families is due to the rich life style possibilities and the excellent educational system in the neighborhood.

Eberwaldstr. U-Bahn station and Prenzlauer Berg Allee S-Bahn station, as well as tram lines are situated just a short walk away from the property, enabling easy access to anywhere in the city.

EBERSWALDERSTRASSE

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PUBLIC TRANSPORTATION

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MAUERPARK THE AREAMAUERPARKTHE AREA

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KULTURBRAUEREI THE AREA

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ADD TEXTALTBAU ARCHITECTURE Altbau Architecture is characterized by a passion for detail and quality, representative of the style of the Imperial era beginning in the 1860's and culminating in the first decades of the 20th century.

Buildings often vaunt arched doorways, hardwood floors, ornamented stucco elements, balconies, and ceilings reaching a height of 3.5 meters.

The unique characteristics of Altbau buildings were lost in later decades as industrialized and functional designs became architecturally dominant.

The combination of location - most Altbau buildings are situated in Berlin's inner ring – and their unique design, render Altbau properties highly-attractive to Berlin's young professionals and international investors.

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Husemannstraße 34 presents a unique investment opportunity, with prices of apartments in the property marketed significantly below similar apartments in the area – presenting a strong capital gain potential, combined with secure and increasing yields.  Rental DemandThe increasingly high demand for properties in the area caused a upward trend in rental prices; within a radios of 500 meters from the property new rental contracts reach 10 – 13 EUR/SqM. According to the data published by CBRE, new leases in the area's top rental segment stand at 15 EUR/SqM.  Re-SaleNewly renovated vacant apartments, and apartments in newly constructed buildings in the immediate vicinity are marketed for 3,800-5,800 EUR/SqM. Rented apartments in a radios of 500 meters from the property are marketed for 2,800 - 3,500 EUR/SqM, including expenses. The price gap reflects the substantial capital-gain potential of the investment.

OPPORTUNITY ANALYSIS

KOLLWITZPLATZ

+STRONG CAPITAL GAIN POTENTIAL - PRIME LOCATION.

+DISCOUNTED PRICES UP TO 50% FINANCING AVAILABLE.

+HIGH RENTAL DEMAND – SECURE AND RISING YIELDS.

+COMPLETE IN-HOUSE MANAGEMENT BY INSPIRATION.

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ADD TEXTThe apartments in Inspiration Projects are purchased as part of a Group Acquisition Model in which each investor is allocated a specific apartment, which will be registered in the German Land Registrar under the investor's name.

• Purchasing the building with the GbR model enables significant savings by reducing the purchase price per SqM.

• The apartment price is all inclusive with purchase tax, realtor fees and the notary fee in Berlin, amounting to 12%-16% of the price of the property, included in the purchase price.

• Up to 50% financing is made available to international investors.

• The property is managed entirely by Inspiration Group, including all aspects concerning the investment such as: rentals, maintenance, renovations and future re-sale.

INNOVATIVEGBR MODEL

KULTURBRAUEREI

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APARTMENTS FOR SALE

Rented ApartmentDistance: 450mSize: 79.34 SqMRent: 516 EURPrice Incl. expenses: 227,338 EURPrice/SqM 2,866 EUR

Vacant Apartment Distance: 550mSize: 74.7 SqMPrice Incl. expenses: 326,169 EURPrice/SqM: 4,366 EUR

Vacant ApartmentDistance: 260mSize: 88 SqMPrice Incl. expenses: 456,267 EURPrice/SqM: 5,185 EUR

RENTAL COMPARISON

Example 1: Sredzkistr. 27 Distance: 230mSize: 73.4 SqMRent/SqM: 12.2

Example 2: Kollwitzstr. 75Distance: 450m Size: 72.17 SqMRent/SqM: 15.54 EUR

Example 3: Kollwitzstr. 21Distance: 450mSize: 121.3 SqMRent/SqM: 12.35 EUR

Example 4: Husemannstr. 71Distance: 300mSize: 73.9 SqMRent/SqM: 11.0 EUR

Source: www.immobilienscout24.de Germany's leading property website

PRICE COMPARISON

MAUERPARK

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INSPIRATION GROUP BERLIN OFFICE:Mehringdamm 33, D-10961 Berlin, Germany

Tel: +49-30-6981-930980 Fax: +49-30-6981-939011

[email protected] www.inspirationgroup.biz

INSPIRATION ASIA SHANGHAI OFFICE:Room 2009, 1701 Beijing West Rd.Jing’an China Tower, Jingan, Shanghai 200040

Phone: +86 21 6157-4952Fax: +86 21 6157-4953Mobile: +86 157 21212 986

[email protected]

INSPIRATION GROUP TEL AVIV OFFICE:23rd floor, Beit Gibor7 Menachem Begin Rd.Ramat Gan, Israel

Tel: +972 3 794 98 02Fax: +972 3 794 98 01

[email protected] www.inspirationgroup.biz