movewithus international
Berlin’s ‘café’ district offers investors the right blend
17 March 2008
Prenzlauer Berg, perhaps the German capital’s most popular district, famous for trendy cafés, intimate squares, Cold War spy novels, Bill Clinton & Gerhard Schroeder’s favorite restaurant, and of course beautiful classical architecture. It’s no wonder why Prenzlauer Berg has become the most sought after district to live in and of course to invest in. movewithus has just launched an extremely well priced buy-to-let investment in this district.
The Thulestrasse project is located in the heart of Prenzlauer Berg on a quiet, picturesque street and close to the main thoroughfare Schonhauser Allee. Only 3-5 minutes from the U-bahn (underground rail) and close to the city’s most famous square Alexanderplatz, famous for its 368m high TV tower.
Aside from the location this development offers investors an attractive 10 years guaranteed rental contract. The management of the rental is taken care of by movewithus’ partners in Germany with no ongoing costs making it ideal for those investors who are looking for a secure yet hassle-free investment in a growing market.
Investors have been attracted to Berlin by the fact that we are talking about the capital of the EU’s largest economy and the world’s number 1 exporter and all with prices of at least one fifth of what you can find in Central London or Dublin. Thulestrasse for example is priced at a mere €1,475 (£1,130 approx.) compared with about €7,200 for a similar location in London. After more than 15 years of recession due primarily to the reconstruction of Eastern Germany, this country finds itself firmly back in the driving seat of the entire EU economy, and with growth in the economy and in export figures far outperforming expectations Germany is attracting investors as a rapidly moving and proven investment location.
Prices in Thulestrasse, Prenzlauer berg start at €73,500 (£56,460 approx.)
For more details on this investment please visit www.movewithusinternational.com
