Davoser Strasse, Wilmersdorf,

2 Bedroom Renovation Development: 97,572 (EUR)

A renovation project

Prices from only €97,572 (£66,105 approx)

Davoser Strasse is a unique opportunity to purchase a beautiful home for a competitive price in one of the most exclusive areas of Berlin. The location is excellent, in a very quiet residential area but close to Berlin´s main boulevard, Kurfuerstendamm, and many more city amenities. The development consists of two and three bedroom apartments and is suitable for families as there is a park-like courtyard and a playground on the site. The building was originally built in 1928 and is one of Berlin´s listed properties.

The Location

Davoser Strasse is located in the district of Wilmersdorf. This district is considered one of the more exclusive residential areas in Berlin and real estate is normally very expensive here. It borders Gruenewald and Schoeneberg in western central Berlin and is renowned for its beautiful 19th-century buildings. Being centrally located, Wilmersdorf is not particularly quiet except for a few residential areas such as Davoser Strasse.

This district is very famous for West Berlin´s main boulevard, Kurfuerstendamm, with its restaurants, clubs, exclusive shops and famous nightlife. The famous Grunewald forest with it’s parks and nature reserves is located in the district of Wilmersdorf and gives its inhabitants the chance to get away from the busy city centre. Public transport, local provisions, doctors, childcare facilities and schools are within walking distance from this development.

Investing in Germany

The German economy continues to exceed expectations of economists. According to the International Herald Tribune this week, the German economy officially grew 3.6% in Quarter one of this year. This is the third time growth figures have been revised this year; it was first estimated to be 1.7%, then 2.4% and growth for the period is now confirmed at 3.6%.

This is excellent news for those who will purchase a property in Germany. As the economy grows so will purchasing power and the demand for property. Its further evidence that investing in Germany is not only the safest investment but also the most potentially lucrative of any market at the moment as the economy continues to thrive and now drive the entire EU economy.