Jet-to-Let Investments are delighted to offer for sale 19 newly refurbished apartments in central Berlin, one of the world’s most undervalued and exciting property markets.

The apartments are in a beautiful period building in Kreuzberg, a fashionable area of southern central Berlin, situated right next to one of its most appealing outdoor spaces, Viktoria Park.

The Urban Land Institute & Price Waterhouse Coopers state in their ‘Emerging Trends in Real Estate Europe 2008’ report that: “Despite all the turbulence in the international markets, the German property market is still on the upturn.” The same report named Berlin in its top ten investment markets for 2008 and stated that Berlin was a city where demand for residential property exceeded supply.

Prices from €90,123

Prices start at €90,123 (c. £73,000) for a 55 sqm one-bedroom apartment. This is one eighth of the average price in London and cheaper than Sofia in Bulgaria where GDP per capita is a quarter of that in Berlin. This will not last!

Strong Positive Cashflow

Achievable rental yields of 8-10%

Below Market Value

We estimate this property to be up to 20% below market value. The average price per square metre for newly refurbished property in central Berlin is rising with some locations fetching up to €8000 per square metre. This development starts at €1600 per square metre.

Top-End Quality Apartments

Click here to view the Viktoria Park Residence Investment Report (username and password required)

While the historic features of the façade, the stairwells and inside the apartments are being carefully preserved, the building and the apartments are currently undergoing comprehensive refurbishments that will create luxury apartments with modern layouts and fixtures and fittings. This is scheduled for completion in Summer/Autumn 2008.

If you are interested in talking to a member of our staff regarding this development, or would like the username and password to our investment report please call: 0151 244 5656