Capital investment at an entry price of 4,150 EUR/m² in Berlin. Start your own real estate cycle with a perfect mix of price, location and condition.

80 m²
2 Rooms
1. Floor

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.

Balcony Cellar

#7315 · Apartment

10247 Berlin · Friedrichshain

€323,575

2.98% incl. 19% VAT Buyer commission

The seller pays a commission in the same amount to Guthmann Estate GmbH.

Service charge
€95/mo.
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Property Details

Basic Information

Year Built
1900
Floor
1. Floor of 5
Living Space
80 m²
Rooms
2

Energy Information

Energy Certificate
Available
Energy Certificate Type
Energy Consumption Certificate
Issue Date
25/08/2017
Valid Until
24/08/2027
Energy Efficiency Class
C
Energy Value
99.3kWh/(m²·a)
Heating Type
Central Heating (District Heating)
Heating Costs
€225

Features

Unit 04 with about 78m² on the 1st floor of our project in Rigaer Straße 79 is a secure capital investment due to the combination of top location, very solid technical condition and a price of 4,150 EUR/m². The two and a half room apartment is perfect in terms of layout, room height and alignment. The features overview: South-facing living rooms with sunny balcony, 78 m², floorboards, functional bathroom with window, approx. 8.5m² kitchen, district heating with hot water and a very nice building without any need for investment.

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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Interested in this investment property? Contact us for detailed investment documents.

Phil Gries

Phil Gries

Head of Sales

Your personal contact person