Silberstein 39

The Building

Silberstein 39, Berlin Apartments for Sale in Berlin 

• Adjacent to Tempelhof Park, and fashionable
  Schillerkiez
• 1-3 room apartments and 3 commercial units marketed at discount prices.
• High demand neighborhood centrally Located near Tempelhof park.
• Complete investment management by Inspiration Group.

The property

The property is a was constructed in 1929, Sileberstein 39, is defined by an curved façade hugging pedestrian side walk. The clean smooth lines visual appeal will be enhance by the renovation the property will undergo by Inspiration.

The Building’s image gallery:

The Area

Silbersteinstraße 39 is located a short distance from Tempelhof Park. An extension of fashionable Schiller Kiez in Neukolln, the micro location is in the midst of a process of urban transformation, with young and more affluenresidents moving into the neighborhood.
During the last 4 years, dozens of coffe shops, restaurants, bars and art galleries have opened in Schiller Kiez just north of the property, with a concentration of modern art galleries opening on Emserstr., just a few minutes walk away.
This micro location presents a great investment opportunity due to the attractive purchase price, high purchase and rental demand in the area, and Inspiration’s complete management package.

The Apartments

This classic Bauhaus property 18 apartments and 3 commercial units, was constructed in the beginning of the 20th century. The property is a unique corner building, constructed in the famous Bauhaus architectural style, with tall ceilings, wooden floors, balconies, and a curved façade.
A modern central gas heating system has been installed in the building, which will undergo renovation work by Inspiration as part of the purchase price of the apartments.
Sizes of units in the building range between 30-84 SqM, and cater to the needs of young families and professionals flocking to the area. All apartments are offered below market price.

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.