BERLIN APARTMENTS FOR SALE - Streitstraße in Spandau

These BERLIN APARTMENTS FOR SALE are in a property in Streitstraße includes 4 apartment buildings combined in a single structure. Within 10-minutes walking distance, Spandauer Forst invites the residents to utilize it for exploration and recreation – the Spandauer Forst consists of 1,300 hectare of forest, making it one of the biggest woodlands in Berlin, and is part of the Natura 2000 ecological network of protected areas of the EU . Within a similar distance  you will find the river Havel which provides access to Tegeler See, a lake and local recreation area, which is very popular with water sports enthusiasts. In the direct vicinity numerous shops and service businesses provide for the daily necessities while just a few minutes drive away the modern Spandau-Arcaden shopping-centre caters for the more unusual or sophisticated wishes. With access to public transport just next door, the property gives a fast and easy connection to the centre of Berlin as well.

Although the location directly in the entry lane of airport Berlin-Tegel has not been beneficial to the properties value, the Berlin-Tegel will be closed in 2011 after which all air-traffic will use the heavily extended airport Schönefeld in the east of the city. But even without this improvement in living quality, prices for this area with an average of EUR 700 are very low and about EUR 500 cheaper than usual in comparable locations – a golden opportunity for your investment.

The generously designed complex itself has been constructed in 1961 and renovated in 1998. During renovation, the façade was sanified completely, paint finish on the façade and the stairway was renewed, the balconies were refurbished and equipped with new balustrades, and the windows were refurbished and provided with a new paint finish. 2 of the 4 apartment buildings consist of 6 floors and have an elevator, the other 2 are 4-floor-buildings.

In the following we present some selected examples of the apartments to give you an impression of the yield that comes along with investing in this property. The property is in good condition and with price per square meter as low as they are, there is nothing you can do wrong by investing in this property.

Sale of these apartments is free of commission for the buyer.

Apartments for sale in Streitstraße in Spandau Example One


This 2-bedroom apartment has 56.94m2 of living space and is situated on the 2nd floor. The apartment has been rented-out on a long-term basis and provides currently a yield of 6.47%.
Purchase Price: EUR 38,800

Apartments for sale in Streitstraße in Spandau Example Two



With its 72.72m2 and 3 bedrooms this apartment is situated on the 4th floor. It is rented out on a long-term basis. The rent currently provides for a yield of 6.09%..
Purchase price: EUR 53,700


Apartments for sale in Streitstraße in Spandau Example Three



3 bedrooms in this 71.23m2 apartment provide a nice and cosy home for the tenant of this apartment. And being on the 6th and therefore top floor, it possesses one of the best views of the complex as well. The current yield for this apartment is   6.09%
Purchase price: EUR 52,600

Apartments for sale in Streitstraße in Spandau Example Four



Situated on the 4th floor in one of the lower apartment buildings this flat has 58.36m2 of living space. It is another Apartment rented-out on a long-term basis and the current yield after buying this apartment would be 6.45%
Purchase price: EUR 39,800