PROPERTY FEATURES
Asking price
€ 599.000
Rent P.A.
€ 12.900
Size
113 m2
Yield
2.2 %
FOR SALE

Althoffstrasse 3Berlin, Germany

Property Description
An apartment with an area of 113 m² located on a quiet and green street in Steglitz, Berlin. 

INVESTMENT INFORMATION
Asking price: € 599.000,- 
The apartment is currently rented. The yearly rental income is: € 12.900,00
Forecast gross yield: 2.15%

BUILDING
The building has a variety of apartments offered for sale, ranging in size from 45 square meters to 133 square meters and include between 2 and 4.5 rooms. Some of the apartments are empty and available for immediate occupancy upon completion of the purchase process. The rest of the apartments are rented with a long-term contract and with a fixed income. Most apartments have one or more balconies where you can sit and enjoy the hot summer days.

An impressive and well-kept 4-storey building located on a quiet and green street. In the front of the building, you will be able to find elegant balconies and wide windows that allow natural light to flood the entire space of the apartments. The back side of the building faces a backyard with a manicured lawn that can be viewed from the comfort of the building’s back porches.
A 5-minute walk separates the building from the bustling Schloßstraße offering a variety of shops with the best brands, cafes, super markets and no less than three impressive malls. The building is Just a 5 minute walk from the Rathaus Steglitz train station, With both an underground and elevated subway lines that allow you to quickly and easily access all parts of the city. The famous Botanical Gardens of Berlin which are considered to be among the largest and best known in the world, are only a short walk distance away from the building and provide a wonderful attraction for nature and aesthetics lovers.

AREA
The Steglitz-Zellendorf neighborhood is located in the southwestern part of Berlin and includes several sub-neighborhoods, the largest of which are Zellendorf, Steglitz and Dahlem. Here you can find the most spectacular and expensive villas in Berlin and the best schools in the country. The area is known for its affluent population and beautiful landscapes – green parks, clear lakes, forests and nature reserves. The atmosphere here is calm and pleasant, the streets are quiet and the life quality is high. The famous Schlossstraße shopping street, which was completely renovated in 2002, offers the residents of the neighborhood 200,000 square meters of shops of all kinds, a variety of restaurants and cafes, cinemas and cultural centers.

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