We are offering this bright, practically cut 2-room apartment, which is located on the mezzanine floor of an apartment building and has a typical floor plan of 1960s housing development, on a pension basis.
On the left side of the hallway there is a spacious living room with an open fireplace and a balcony with burglarproof windows. The bedroom faces the quiet, park-like garden. The bathroom and kitchen are on the right side of the hallway. The functional kitchen offers space for cooking, and there is also a bathroom with natural light.
The apartment is located in a well-kept residential complex in Reinickendorf. A cellar compartment also belongs to the apartment.
The property is sold with usufruct based on real estate pensions, resulting in the attractive sales price of € 125,000.00 instead of the market value of € 165,000.00. The property is purely an investment and can only be used or rented after the usufruct has expired. The seller bears all costs (apportionable and non-apportionable costs) during the term of usufruct.
Black Label’s international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin.
We can provide you with a varied choice of properties to suit your needs. Just send us your search specifications, including:
- Property style
- Investment or own use
For advice on financing your Berlin property purchase, please get in touch with a member of the team. Our mortgage team is able to offer up to 70% to international clients, and our lawyers are at hand to explain the legal process of buying real estate in Germany.
Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.
The Reinickendorf district is located in the northwest of Berlin and is easily accessible from the center via the city ring.
In western Reinickendorf, the U6 goes to Alt-Tegel and in the east of the district you can take the U8 to Wittenau. The S25 S-Bahn runs to Heiligensee via Tegel and the S85 and S1 from Pankow to Waidmannslust or Frohnau. A bus stop in front of the house enables direct connection to the entire transport network.
Overall, the infrastructure is well laid out and the nearest shops are on Oellenhauserstrasse and Lindauer Allee. Through the Tegeler See and the adjacent Tegeler Forst there is a high leisure value and a variety of excursions.
The displayed property location is approximate