€220,000 /Sale price

This appealing investment property, located in the vibrant neighborhood of Prenzlauer Berg, Berlin, offers an excellent opportunity for long-term rental income. The apartment is a spacious 3-room unit with a balcony, situated on the raised ground floor of a well-maintained building. It is an affordable option for investors looking to capitalize on Berlin's strong rental market, with a tenant profile that reflects stability and reliability.Prenzlauer Berg is renowned for its mix of historic charm and modern amenities. The area is surrounded by lush green spaces, including the popular Volkspark Friedrichshain, ideal for outdoor activities, picnics, and leisurely walks. Families and young professionals alike are drawn to this neighborhood due to its blend of tranquility and access to a vibrant urban lifestyle.The property benefits from excellent transport connections, making it easy for tenants to navigate the city. Several tram and bus lines are within walking distance, providing quick access to the city center, Alexanderplatz, and other key areas of Berlin. The nearby S-Bahn and U-Bahn stations further enhance connectivity, making this location highly desirable for commuters.In addition to the green parks and strong transport links, the neighborhood is rich in cultural and social amenities. Trendy cafes, boutique shops, and a variety of restaurants are scattered throughout the area, contributing to the lively atmosphere. The proximity to schools, healthcare facilities, and recreational options makes it particularly attractive to long-term renters.Overall, this property represents a smart investment choice, combining affordability with strong rental potential in one of Berlin's most sought-after districts.Other informationAll information about this property is based on information provided by the seller(s) and/or their representatives. This offer is confidential and is solely intended for its recipient. Any disclosure must be authorized by First Citiz GmbH. We do not accept any liability for the accuracy or completeness. Error and prior sale can be expected. Some photos and property visualizations are illustrative examples and non-binding. This offer is subject to a brokerage fee payment. Upon the signature of a purchase contract for this property, the brokerage fee in the amount of 3,57% (incl. 19% VAT) of the notarial property sale price, is due by the buyer to First Citiz GmbH.LocationPrenzlauer Berg is a fashionable and trendy district, with its many cobblestone and shopping streets. The Kastanienallee, known for designer boutiques, trendy bars and chic restaurants, is ideal for strolling. Near the Schonhauser Allee is the Kultur Brauerei, an old brewery converted into a cultural center. The beautiful red brick buildings now house a cinema, sports courses, several shops and cafes, and host numerous events, including a lovely Christmas market. Lovers of greenery will also be satisfied with the Mauerpark. Famous for its flea market, it hosts an outdoor karaoke every Sunday in summer. Many companies have seized the opportunity to settle in this dynamic neighborhood, such as Home 24. Prenzlauer Berg has become a highly sought-after neighbourhood with an impressive international notoriety.View the approximate location of the property on Google Maps (link to external website)FeaturesSpacious 3-room apartment with a balcony on the raised ground floor.Prime location in vibrant Prenzlauer Berg, blending historic charm and modern amenities.Close to lush green spaces like Volkspark Friedrichshain for outdoor leisure.Excellent transport links with easy access to the city center.Surrounded by trendy cafes, boutique shops, and diverse dining options.Reliable tenant profile, ensuring stable long-term rental income.Convenient access to schools, healthcare, and recreation.Affordable investment with high rental demand in a sought-after area.