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Gateway to the West
property investment - property for sale - homes sale

Wilmersdorf, Berlin, Germany

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Development Features

  • 108 studio units available
  • Underground parking, balcony & lift available
  • Sunlit studios of up to 50 m² available
  • With parquet-flooring, central heating, lift access from underground parking
  • Large communal garden
  • Residential building of 13 storeys’
  • Very good public transport connections
  • Summary

    This recently refurbished development is located in central Berlin close to all city centre amenities including shops, restaurants, theatres, cinemas and much more.

    Gateway to the West it is an excellent buy-to-let investment, with tenants already in place, offering investors yields of 4% approx.

    Train station Halensee is within easy walking distance, with easy access to Berlin´s inter-city circle lines S41 and S42 and other means of transportation.

    The Project

    We from IPP Global, togetehr with our partners movewithus international, exclusively offer you 108 attractive buy-to-let studio apartments within a residential building of 13 storeys. The units vary between 41 to 50 sqm and are priced, from as little as €69.000. Originally built in 1958, this residential building now belongs to Berlin´s listed buildings.

    Between 1994 and 2004, Gateway of the West was completely refurbished, which included the renewal of the central heating system, replacement of all windows, heat insulation, roof renovation and building of an underground parking.

    All units are modern sunlit studios with parquet-flooring, a balcony and beautiful views to either Berlin´s green villa neighborhood or Berlin´s radio tower. Every owner has an underground parking at his disposal and a lift conveniently connects the parking with every floor.

    Gateway of the West is an ideal home, since it is not only centrally located in Western Berlin, offering anything a capital has to offer, but also inviting you to relax in its large communal garden.

    Assured rental potential

    Gateway of the West is not only very well priced, well located, with high-end finishes, but is also a very secure, buy-to-let investment. The majority of the apartments are rented out, meaning you don´t have to worry about your monthly payments, since the tenant will pay the rates with an approximately rental income of 4%.

    The Location - the most central location in Western Berlin

    The development Gateway to the West is ideally located in Wilmersdorf, between the legendary Kurfürstendamm, West Berlin´s centre, and Berlin´s villa neighbourhood, Grunewald, home to Berlin´s wealthiest inhabitants. Kurfürstendamm, commonly known as Kudamm, is within walking distance from the development.

    This area is Berlin´s former city centre, and is still the centre of Western Berlin. Kudamm is an internationally known boulevard, offering a wide range of restaurants, theatres, bars, cafés, shopping facilities and high-end fashion shops.

    One of Berlin´s four biggest universities, Freie Universität (FU Berlin), is close to this development, located in Grunewald. Currently, more than 30.000 students are studying there, all of which are potential buyers or tenants.

    Payment Schedule

    Apartment prices from as little as €69.000. Now is the right moment to invest in Berlin, since the property prices in Berlin are at a historic low, but starting to increase.

    Please use our enquiry form to request a full colour brochure, current availability and price list.

    Reservation Deposit
    €3,500
    Payment Schedule
    100%
    Estimated completion date
    Ready

    enquire here

    *Prices are correct at time print and are subject to availability.

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