Developer Ten Brinke
Architect Ruthnick Architeckten
Total Number of Units 29
Completion Date Dec. 2020
Location Rathenower Strasse 13, Berlin 10559,
Located within walking distance of Europacity, Gartenhaus residents will directly benefit the district’s growing number of employers, businesses and services.
Price Range Studios: EUR222,000 – EUR238,000
1 Beds: EUR322.000 – EUR465,000
Average Price PSM: EUR7,045
0 (zero) parking spaces
Sizes Studios: 31.73 sqm. – 33.94 sqm.
1 Bed: 48.96 sqm – 69.61 sqm.
Service Charge Approximately EUR3.50 PSM per month
▫ Acquisition Costs on Notarisation
▫ 30% due no earlier than 6 months after Notarisation
▫ Remaining 70% payments in line with MABV*
*The construction law in Germany stating that all payments must be made in line with construction.
Upto 70% LTV*
* Subject to condition – please contact us for details
Why invest in Berlin?
People: Berlin’s population rose by over 60,000 residents in 2016 alone and is forecast to increase by a further 7.5% between 2015 and 2020
Housing shortfall: There is currently a backlog of 80,000 residential units and a requirement for an additional 20,000 completions per annum, but only 15,000 were supplied in 2017
Uplift: Capital growth rates have averaged 10.9% per annum since 2009
Demand: Berlin’s rental market has an extremely low vacancy rate of just 1.2% and owner occupancy rate of 15%