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Be A Part Of The Berlin Boom
“Berliners have yet to embrace the idea of owning their own property which is great news for overseas investors,” says David Redfern, managing director of overseas investment specialists, David Stanley Redfern Ltd. “Our team of investment advisors have calculated yields of 5,33 - 7,1%.”
Extensively renovated and refurnished with new kitchens, bathrooms, flooring, windows and extra large French windows, the Hellersdorf properties also benefit from communal gardens and exterior children’s play areas.
Well suited for a commuter property on a long term lease basis, the surrounding area is well connected to local transport links. The apartment complex itself lies metres away from the underground station, taking travellers directly to the Alexanderplatz and the heart of Berlin.
Berlin represents great value for property investors looking for a well-known destination at an emerging market price level.
Private equity funds have invested approx 35 billion euros in the German Property market in the last five years. Investors include names such as Goldman Sachs, Morgan Stanley and Terra Firma. Fortress (an American private investment firm) bought 48,000 apartments in Dresden for 1.7 billion euros in March, 2006.
To view images of these and other properties in Germany and see location maps with Google Earth, visit http://www.davidstanleyredfern.com
About David Stanley Redfern Ltd
David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. All properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.
Please direct all media queries, requests for press information and editorial details, to rebecca@davidstanleyredfern.com
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