Project: Berlin, Germany

Berlin, Germany

As an introductory scheme, we are now offering asset syndication on a free of charge* basis for our newly acclaimed Berlin Project. *A refundable deposit of £500 will be required.

 

The Asset Syndication Club, is specifically designed to allow investors to go at the developer stage which in turn enables the syndication group to obtain notable high discounts against the market price by aid of group purchase.

 

This project will follow strict priority waiting list procedure in which acceptance on the list will be formally granted by our investment panel.

 

This is a one off opportunity for non members to see the lucrative offers available to our members who have joined this club from the outset.

 

KEY FACTS
Units:

  • 50 to 70sqm
  • 16 units only
  • prices estimated under waiting lists conditions is 1800 Euros/sq.m approx
  • Condition good

Location

  • 5 minutes from Kurfurstendamm (main designer shop street, and where all the trendiest 5 star hotels are)
  • Considered Berlins hippest and most prestigious spot
  • High incomes residents and tenants
  • 3 minutes away from the best renowned school in Berlin
  • Prices in the area from circa. 2000 Euros starting

Economical

  • Demand is high and supply low
  • EU member
  • Unemployment under 10%
  • Under priced properties in the world
  • Prices are expected to rise rapidly

Rent

  • Approximately 7%  yield

Taxes

  • Stamp duty 4.5%
  • Capital gains
      • 0% if sold after 10 years
      • based on income tax in UK if sold before 10 years

Mortgages:

  • Non status mortgages
  • Up to 70% loan to mortgages available
  • German Bank at 5% fixed rates
  • Based on property value

Additional fees:

  • Legal -1.5%
  • Mortgage fee - 1%
  • Management fees (20 – 40 euros)
  • Admin fee - 2%

 

Brandenburg Gate, Berlin

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Area/s of interest

Cunostrasse, Berlin Cunostrasse, Berlin