Jahnstrasse 78

The Building

Jahnstrasse 78, Apartments for Sale in Berlin 

• Classic altbau property renovated in 2008.
• High demand area for purchase and rentals.
• Great connectivity – minutes walk from subway and light rail stations.
• Attractive prices, financing available.
• Starting from 80,000 eur equity.

The property

The property was constructed in 1900 and underwent a substantial renovation in 2006-2008.

New water and sewage systems were installed, and the facades and public areas were renewed.

A modern central gas heating system supplies has been installed in the property.

The Building’s image gallery:

The Area

Jahnstr. 78 is located in the northern part of Britz neighborhood in Neukölln.

The immediate vicinity has a bourgeois character, with the water canal promenade located a few minutes walk south of the property

The transformation of the area surrounding Tempelhof Park in recent years has accelerated the development of this micro location, as increasing prices in city center are encouraging an intra-city movement of residents to area of the property.

Jahnstr. is situated along the north-south axis of this urban transformation.

The property is situated a short walking distance from the vibrant cultural scene of Neukölln with tens of cafés and
restaurants, and a short walk from shopping venues, schools and clinics.

Connectivity – U7 metro station is located a short distance from the property. Residents enjoy also easy access to the
S-Bahn system at Hermanstr. station and to A-100 highway.

The Apartments

There are 16 apartments in the building, 2 of which are lovely garden units. Sizes of apartments range between 38 to 80 SqM.

2 completely new penthouses will be constructed on the roof of the property. Permits have already been received and completion is expected in Q4 2016.

The Apartments’s image gallery:

Property Management

In Inspiration Group we believe that purchasing the property is only the first step in the investment. Managing it successfully and optimizing yields, independent of market conditions, is what determines the overall performance of the investment.

For this reason we offer our investors a complete management package, and have founded our own maintenance company:

We directly manage the apartments and the building, collecting from the tenants rent and taxes, and perform regular maintenance of the property.

• Supervision over the apartments and tenants.
• Locating new tenants in case of termination of lease. We will ensure the the quality of the tenants and the new lease.
• Raising of rents in accordance to legal regulations.
• Analysis of market trends, consulting investors concerning resale opportunities and strategies.
• Vacating of tenants in accordance regulations.
• Renovation of apartments.
• Marketing and reselling.
• Refinance services.

Financing

An initial payment of 20% of the purchase price will be deposited into a notary account within a week of signing the contract. The Additional 80% will be deposited in the account after the sale of all apartments, following a notice from Inspiration Group. In the case of taking a loan, the 2^nd deposit will determined according to the sum of the loan taken.

Loans

It is possible to receive a 40%-50% loan from a German bank. Our investment consultants will assist you in choosing the most suitable loan.

Additional Services

We have created a one stop management package for our investors which includes: re-renting apartments, brokaerage services, supervision of refurbishments, opening bank accounts, submitting tax returns, etc.