1 Bedroom - Apartment - Berlin - For Sale
Upscale fashion boutiques, galleries, cafes, clubs, start-ups and restaurants: Torstrasse has emerged as the nexus of young, creative Berlin in recent years.
This 2-room apartment inet 225 is already rented out, giving you the chance to capitalize on an attractive investment opportunity on one of the most sought-after streets in Berlin-Mitte. The apartment has been modernized and is accessible via elevator. This is Berlin at its very best, in one of the most popular neighborhoods in a city experiencing sustained population growth. As a result, there is enormous surplus demand for rental housing. And it's not only new Berliners who are desperately looking for apartments. Together with the optimal connection to the public transport and with the many employers nearby, the rentability of the apartment should be guaranteed for years to come.
et225 - Berlin's eventful history is omnipresent here. The property is located at the western end of Torstrasse, a large axis in Berlin-Mitte, which illustrates the contrast between East and West, old and new, chic and unpretentious over a distance of more than two kilometres. From the 18th to the middle of the 19th century, Berlin's customs and excise walls once stood here. The wall served to monitor trade: at the customs gates, an excise tax was levied on imported goods, the so-called excise duty. Today, these gates again give the street its name (Tor means 'gate' in English). The historical contrasts can still be felt today: on the one hand, the eastern part of the street has an original and rough flair, and on the west side, the street takes on a more dignified atmosphere. The range of dining, retail and culture is just as diverse. The Spree River with Monbijoupark and Friedrichstadtpalast are just a stone's throw away as well as the government district and the famous Friedrichstrasse. Rents keep on rising as population grows and housing remains in short supply (vacancy rate 0.8%)*
Attractive investment location
Startup capital: Home to 18% of all German start-ups**
Highly sought-after location in Berlin-Mitte, near the main train station, Friedrichstraße and the Spree river
Sources: *JLL Residential City Profile, H1 2020, ** PwC German Startup Monitor 2020
Attractive investment opportunity: Rented 2-room apartment
