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1 bed flat for sale in Berlin, Germany, 42.7 m²

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Price€315,000
TypeFlat
Year built2021
Covered area42.7 m²
Beds1
Bath1
Rooms1
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Apartment in a new residential development at the East Side Gallery and a unique water side

• Exclusive residential building - with a total of 185 apartments, including 13 serviced apartments + 3 commercial units on the ground floor
• 1st sales phase - 94 units, from the 1st floor until the 5th floor
• Mainly 1 bedroom units as well as some Studio, 2, 3 and 4 rooms units | living spaces between approx. 28 and 166 sqm
• Estimated completion: Q4 2021
• All units have at least one balcony, one loggia or one terrace
• Concierge service
• Underground parking space
• Price starts at 189,000 EUR

Location
• 5 minutes walk to Ostbahnhof train station
• 2 stops to Alexanderplatz
• 5 stops to Berlin Central Station
• 8 stops to Kudamm

Project is a fusion of the Berlin attitude towards life and a distinctive residential lifestyle. The high standard of the architecture stands out at first glance: inward lines reminiscent of waves bring movement to the facade. The quality of the natural stone, floor-to-ceiling windows and comfortable, attractive balconies with bronze-coloured railings shape the elegant appearance of complex.

The facades on the quiet side streets off Mühlenstrasse also impress with their clear, functional lineal design. The balconies not only set visual accents in the exterior architecture, above all, they also improve the quality of life within the apartments—particularly when they offer a view towards the Spree or into the garden courtyard.

What a welcome! On passing through the opening of the two-story main entrance, the view sweeps through the spacious lobby towards the green garden courtyard, secluded from the street. A concierge welcomes residents and their guests on their way to the elevators. With complex, associations to the luxury hotel sector are not coincidental, rather thoroughly desired and welcome!

Outside urban, inside green. It would not be Berlin without some unexpected surprises somewhere! With complex, it is the roughly 500 square metre garden courtyard, which offers an oasis of tranquillity as soon as one leaves the turmoil of the metropolis behind at the entrance. Natural greenery, good air to breath in deeply and an inspiring design contribute to the high-quality atmosphere of the courtyard.

APARTMENTS
Each apartment an expression of a distinctive lifestyle culture: intelligent floor plans provide a perfect sense of space, carefully chosen materials and the selected furnishings result in a stylistically confident overall appearance. The highlight is, and always remains, the location on the Spree: even on the first floor one can see over the East Side Gallery and enjoy the view of the Spree.

Few places in Berlin encapsulate the new cosmopolitan flair like the banks of the River Spree in Friedrichshain: entertainment, shopping, work, gastronomy and nightlife – here you can find the Berlin lifestyle in full force.

Mitte is not only home to top tourist attractions such as the TV Tower and Museum Island, a lively gallery scene and vibrant food culture are also well established. The little streets and picturesque courtyards in the Scheunenviertel have been discovered by Berlin's bohemian world—for living, working, going out or enjoying art.

Friedrichshain not only scores points as a trendy district, with the Oberbaum City and the former Spreespeicher developments it is also considered a top entrepreneur hub and an established location of well-known companies such as Universal Music, Daimler Studios and Zalando who, amongst others are behind the business boom in Berlin.

Nature is usually never far away from where a river flows. In Berlin there are a number of recreation areas along the Spree, including in the immediate vicinity of the business district in Friedrichshain. Treptower Park is a green haven in the city, and the Stralau peninsula and the lake of Rummelsburger offer plenty of green spaces for outings and sport. It goes without saying that water sports such as boating and paddleboarding can also be seen here.

Extra Сosts when Buying Property

Property Transfer Tax 3,5-6%
Notary Fees 0,7-3%
Legal Costs 0,3-1%

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Ongoing Ownership Costs

Annual property tax for a small flat €70-150 p.a.
Gaz €3-4/m³
Electricity, on average €0,29 KW/h
Water €0,30-0,50/m³
Radio and Cable TV €17/month
Internet ADSL €9,95/month
Fixed Telephone €15-40/month
Management company fees €30-50/month

Additional Services Costs

Agent Fee 3-6%+VAT

Return on Investment

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