Scalable investment apartments in Berlin-Friedrichshain. Purchase prices from EUR 137,700 to EUR 770,000 Price ✓ Condition ✓ Location ✓ Capital investment in international metropolitan neighborhood.

Projectdescription
Do not balance location against price and investment security, rather benefit from all factors. In a high-quality old building from former IBB funding in Berlin's "Samariter" district, you can choose the right investment for you from 30 rented apartments at attractive prices per square meter. This exceptional property, which was thoroughly renovated in 2002, embodies solidity and security in every brick. Located in a top location in Friedrichshain, it offers high initial returns and an immense potential for appreciation. +++ Quality: The property offers maximum long-term security for your investment. It was extensively renovated in 2002 and appears almost immaculate after recent cosmetic repairs. +++ Price: Impressive price per square meter and an excellent initial return. Ideal as a profitable expansion for your portfolio or as a reliable initial investment. You can choose among 30 units, from 32.4 to 247.8 square meters. We are also happy to offer you attractive apartment packages on request. The former IBB-subsidized property in Rigaer Straße combines an international location factor with a high initial return at low prices per square meter. Upon changing the status of a unit, you decide whether you want to exploit value developments or optimize your long-term return. Altogether, location, price, rentability and condition guarantee high dynamics with low investment risk. Vacant apartments in this location are evaluated 20-30 percent higher.
Fitting
The elegant old building at Rigaer Straße 79, Berlin-Friedrichshain, was constructed in 1900 and consists of front building and side wing with a total of 4 stairways, 29 apartments, a commercial unit and an attic which is currently in planning. The property features a basement. Each apartment has a basement storage room. Bicycle storage is available in the second courtyard and in the basement. In 2002 the property was extensively modernized. We would be happy to provide you with a construction description if you are interested. Common property: Complete makeover of the street and courtyard facade, makeover of the cellar with wire cellar boxes, complete makeover of the stairways, redesign of the courtyard areas with play and recreation areas. Partially new roof construction with roofing and insulation of the intermediate ceiling to the 4th floor. Inspection respectively renewal of the supply and sewage connections and connection of the building to the district heating network. Apartments: Reorganization of kitchens and bathrooms with new equipment, sound protection improvement in the front building, plank floors reworked, complete renovation of the rooms, doors, walls and ceilings while maintaining stucco elements. Electrical installation according to DIN standards and VDE regulations.
Units
Floor | Rooms | Area | Status | Price | Availability | Expose |
---|---|---|---|---|---|---|
Ground floor | 2,0 | 67,04 m² | rented | 266.309,00 EUR | available | 7332 |
Ground floor | 5,0 | 249,14 m² | rented | 1.025.000,00 EUR | reserved | 7313 |
1 | 1,0 | 32,46 m² | rented | 137.700,00 EUR | available | 7339 |
1 | 6,0 | 180,81 m² | rented | 768.612,00 EUR | available | 7331 |
1 | 1,0 | 36,09 m² | rented | 148.461,00 EUR | available | 7324 |
1 | 1,0 | 57,69 m² | rented | 236.734,00 EUR | available | 7323 |
1 | 2,0 | 73,07 m² | rented | 303.821,00 EUR | available | 7316 |
2 | 3,0 | 77,49 m² | rented | 319.062,00 EUR | available | 7334 |
2 | 3,0 | 104,96 m² | rented | 428.368,00 EUR | available | 7333 |
2 | 1,0 | 37,34 m² | rented | 154.961,00 EUR | available | 7326 |
2 | 2,0 | 58,78 m² | rented | 243.397,00 EUR | available | 7325 |
2 | 2,0 | 74,01 m² | rented | 311.010,00 EUR | available | 7318 |
2 | 2,0 | 83,43 m² | rented | 349.230,00 EUR | available | 7317 |
3 | 1,0 | 34,37 m² | rented | 145.562,00 EUR | available | 7341 |
3 | 3,0 | 80,84 m² | rented | 336.731,00 EUR | available | 7336 |
3 | 3,0 | 106,23 m² | rented | 441.145,00 EUR | available | 7335 |
3 | 1,0 | 38,09 m² | rented | 159.936,00 EUR | available | 7328 |
3 | 2,0 | 59,88 m² | rented | 250.530,00 EUR | available | 7327 |
3 | 2,0 | 75,45 m² | rented | 320.450,00 EUR | available | 7320 |
3 | 3,0 | 84,83 m² | rented | 360.010,00 EUR | available | 7319 |
4 | 1,0 | 34,31 m² | rented | 145.562,00 EUR | available | 7342 |
4 | 3,0 | 81,30 m² | rented | 342.720,00 EUR | available | 7338 |
4 | 3,0 | 106,36 m² | rented | 446.460,00 EUR | available | 7337 |
4 | 2,0 | 59,78 m² | rented | 250.866,00 EUR | available | 7329 |
4 | 2,0 | 75,44 m² | rented | 324.521,00 EUR | available | 7322 |
4 | 3,0 | 84,55 m² | rented | 364.253,00 EUR | available | 7321 |
Location
International hotspot in Berlin heavily influenced by Western Europe. Top 5 immigration countries in 2021: Italy, Spain, France, Poland, USA. The Samariter Quartier in Berlin-Friedrichshain is an inner-city location that impacts and benefits from the surrounding neighborhoods.