Eberswalder Strasse , Prenzlauer Berg District,

1 Bedroom Renovation Development: 123,660 (EUR)

A first class investment in the prestigious district of Prenzlauer Berg. There are 24 residential units with one to four bedrooms

Prices from only €123,660* (£83,658 approx)

Eberswalder Strasse 20 is an off-plan quality renovation development within a classic building, located in a charming and much sought after area of Prenzlauer Berg. It is a five-storey apartment building originally built in the early 1900’s and consists of 24 residential units including studios, apartments and penthouses. It is a high quality renovation which combines historical style elements and sensible indoor features with a European style courtyard.

Location

This project is very well located in the celebrated Prenzlauer Berg District in Berlin. Residents have all city centre amenities on their doorsteps including bars, restaurants, cafés, galleries and little shops creating an ambiance unrivalled in the rest of Berlin.

Prenzlauer Berg has become famous for being one of the few places in Germany where there has actually been a baby boom in recent years. There is an abundance of playgrounds Helmholtzplatz, Kollwitzplatz, kitas (kindergartens) and shops selling toys and second hand children’s clothing.

Super Market: Three minutes by foot
U-Bahn: One minute by foot
Restaurants: One minute by foot
Airport: Twenty five minutes by car
Cinema: Five minutes by foot
Train Station: Fifteen minutes by car
School: Five minutes by foot
Park: One minute by foot
Alexanderplatz: Ten minutes by car

Completion Date: April 2008

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.

* Prices are correct at the time of print and subject to availability