9 % value increase in 12 months. Friedrichshain is a top performer. Invest in East-Berlin-Hotspot.
The elegant old building at Rigaer Strasse 79, Berlin-Friedrichshain, was built in 1900 and consists of a front building and side wing with a total of 4 floors, 29 apartments, a commercial unit and an attic that is currently being planned. The property has a full basement. Each apartment has a basement storage room and a communal bicycle room.
The property was extensively modernized in 2002. Street and courtyard facades, cellars and stairwells were renovated. The courtyard areas were redesigned with the creation of play and recreation areas. The roof was re-roofed. The sanitary facilities and heating pipes were checked, renewed and insulated and the property was connected to the district heating network.
The kitchens and bathrooms in the apartments were reorganized and renovated. Sound insulation was improved in the front building and floorboards were refurbished where present. The rooms were completely refurbished. The electrical installation was carried out in accordance with DIN standards and VDE regulations.
Performance of properties in Berlin-Friedrichshain
3 Years
5 Years
10 Years
The perfomance indicators show the average performance of properties in Berlin-Friedrichshain based on median asking prices. Detailed information on the local real estate market can be found in our market reports.
Go to marketreport FriedrichshainBasic informationen
- Project
- Price ✓ Condition ✓ Location ✓ Capital investment in international metropolitan neighborhood.
- City
- 10247 Berlin Friedrichshain (Show on map)
- Type
- Purchase
- Property type
- Apartment
- Status
- rented (Investment property)
- Floor
- 2 From 5
- Living space
- 74.1 m²
- Rooms
- 2.0
Price information
- Asking price
- 311,010 EUR
- Commission
- 2.98 % (incl. 19 % VAT)
- Commission note
- The seller pays a commission in the same amount to Guthmann Estate GmbH.
- Housing allowance
- 255.00 EUR
- Renatl income
- 790.62 EUR
Property data & energy
- Year of construction
- 1900
- Heating type
- Central heating
- Firing type
- District heating
- Energy certificate
- Available
- Energy certificate type
- Consumption based
- Thermal value
- 99.3 kWh/(m²·a)
- Efficiency class
- C
- Energy certificate issuing date
- 2017-08-25
- Energy certificate validity
- 2027-08-24
Fitting
- Just as compact and well arranged as most of the apartments in the Rigaer Straße project is the rented front building apartment on the 2nd floor, with approx. 74 m² of living space. Two living rooms of approximately the same size with access to the balcony face south towards the low-traffic street. The spacious kitchen and bathroom face the green first courtyard. In 2002, the unit was modernized in a technically sound and aesthetically pleasing way as part of the IBB-funded refurbishment. With a purchase price of 4,200 EUR/m², this investment property offers considerable upward potential.
Location
International hotspot in Berlin with a Western European flavor. Top 3 influxes in 2023: Italy, Spain, France. The Samariter Quartier in Berlin-Friedrichshain is an urban-central location that radiates into the neighboring neighborhoods.
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