Adlershof Development – BERLIN
Brand new residential building of 11 apartments located next to Germany’s largest science and technology parks.
The new residential apartment building is located on the quiet side street, next to Adlershof business park and a few minutes from the district center. Each of the five-floor building’s apartments is equipped with a balcony or garden terrace. The inner view oversees the green courtyard with a children’s playground, bicycle parking and underground parking. Only 6km from Brandenburg airport, the area offers convenient transport connections across the city.
Units: 12 apartments
Current rent: €185,022 (factor 14.6)
Rentable Sqm: 1.051 sqm
Avg price per Sqm: €5,707
Avg price per unit: €499,916
Mortgage included: Opt
These brand-new built apartments are expected to generate a rental yield of 3.08% with huge potential for growth. Excellent location in a most populated area of Berlin assures constant occupancy and minimal refurbishment expenses over the years. The average price of 5,707€/sqm for a brand new apartment is 20% lower than the median asking price in Berlin (6,220€). Construction will start in Q2 2020 and lucky homeowners are expected to receive keys in summer 2021.
Treptow-Köpenick is the largest district in Berlin and stands firm as a center for innovative growth, along with culture and tourism, for business, science, and research. Adlershof is one of Germany’s largest science and technology parks and the most important media location in the region generating over 2 billion euro in sales. More than 17,000 people work here. Companies and institutes from photonics, optical media, microsystems and material technology, information and media technology, biotech and environment, as well as photovoltaics are based here. With direct access to the A113 autobahn, multiple transport options to Berlin city center and only 6 kilometers to the Berlin Brandenburg Airport BER, this district has excellent transport connections.
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