A New-Build Condominium: Your Private Investment in Tiergarten
The constant inflow of new residents to Berlin, the city’s economic boom, the steady drop in unemployment rate, and an excellent transportation infrastructure are all factors defining its housing market, generating a permanently strong demand for accommodation, especially in the inner-city districts. So, the brisk increase in average asking prices per square metre for condominiums is perfectly plausible—and amounted to a mean growth rate of 9.6 percent last year. For the time being, living in Berlin remains comparatively affordable, although the rent and price levels are beginning to catch up with the other metropolises of Europe. Evidence for this trend is manifest particularly in coveted downtown locations.
The district of Tiergarten is located in the centre of Berlin and has superb transport links as well as a vast green space in the parklands of Grosser Tiergarten that serve as one of the main natural retreats in the city. As in other metropolises, properties in Berlin’s inner city are particularly coveted. But while Tiergarten is part of the borough of Mitte, rents here remain in the low double-digit range and have not yet reached the premium level of Mitte district next door. If you wish to acquire a condominium as buy-to-let investment here in Tiergarten, you might find what you are looking for in the housing complex on the corner of Flotowstrasse and Bachstrasse in the Hansaviertel block.
New-Built Condominium in Tiergarten
This modern multi-unit dwelling near the “Tiergarten” rapid-transit station stands out with its unique design and fresh colour scheme. The flats in the recently redeveloped building have differentiated floor plans and range from 2 to 4 bedrooms and from around 64 to 95 square metres in residential floor area. The house, a corner building, is grouped around an inner courtyard with old-growth trees and pleasantly discreet landscaping. Large window expanses admit plenty of light into the flats with their bespoke layouts. A large number of flats feature conservatories that lend the flats a bright and sweeping character with their floor-length glass panes. Other apartments come with a balcony. The backside of the building shows stylistically distinct pergolas. All of the flats have tub-equipped bathrooms and separate kitchens while some also have extra guest WCs and storage rooms. Located right in front of the residential building are proprietary parking spots that are secured by a barrier and reserved for the building’s residents as private parking spaces.
Buying one of these attractive apartments means you will be investing in your own future. As a buy-to-let investment, ownership of a condominium in Tiergarten is a great asset-building opportunity. We will gladly advise you.