Landsberger Allee 16

The Building

Landsberger Allee 16, Apartments for Sale in Berlin 

• Renovated property in the Altbau style, only 1.5km from Alexanderplatz.
• AAA location – the most central project of Inspiration to date.
• 1-3 room apartments renovated in 2008.
• Excellent pricing below the market average.
• Opposite the beautiful Volkspark Friedrichshain.

The property

This 33 apartments property in the classic Altbau style was constructed in 1905.

The property is in an excellent technical and aesthetic condition, following a comprehensive renovation in 2008, which included the renewal of the heating, water, electricity and sewage systems.

The property has undergone renovations in the last couple years, including the installment of thermal insulation, and the renovation of public areas. The facade will be renewed by Inspiration. The apartments have individual gas heating units.

The Building’s image gallery:

The Area

The property is located on the western edge of Friedrichshain neighborhood near Mitte and Prenzlauer Berg in the heart of Berlin.

Areas like Friedrichshain are some of the most attractive places for young professionals to live in Europe, offering first rate public transport links to the center and every imaginable neighborhood amenity – from markets and tennis courts to theaters and excellent health care facilities.

Over recent years, Friedrichshain has evolved into one of the most fashionable neighborhoods in the city, with a strong presence of international design and media companies, and a vibrant cultural scene concentrated around Boxhagener Platz.

The Apartments

There are 33 units in the property. Apartments in the front building have a direct view of Friedrichshain Park.There are two garden units in the back building. Apartment sizes range between 44-131 SqM and are all marketed at very attractive prices compared to the neighborhood average.

To view the floor plans click here

The Apartments’s image gallery:

Click here to download the Expose

Click here to view the area Map

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.