The Luxify Real Estate
Nut Tree Villa - Berlin Investment
Nut Tree Villa - Berlin Investment
US$290,901.00
Nut Tree Villa is a boutique project in Westend, Charlottenburg, which can be compared to Chelsea, Fulham or Kensington in UK for its leafy tree-lined avenues, period villas, and popularity amongst the wealthier residents of Berlin. There are international schools surrounding and convenient access into the CBD via road arteries and public transportation. The German residential real estate market is vastly undervalued, particularly in Berlin, which has a construction pipeline that’s unprepared to meet a rising demand. As such, prices are very much heading upward – in 2013, there was an average price gain of 9.6% across the city, while average rent rose 7.7% over the same period. The city’s residents are also increasingly realizing the value of property ownership, making it more favorable for exiting property investments than in the past. As more major companies are headquartered in Berlin and DAX companies arrive, this is the area where wealthier workers will want to reside. Due to limited space in this area, the increased demand on supply will ultimately push prices up – that is the major investment strategy here. This project has an average SQM of EUR5,600/sqm, which if equated back to PSF is roughly GBP400/psf. Investment Case - Charlottenburg is a popular residential area popular for its green spaces, spacious boulevards and attractions such as Schloss Charlottenburg, Kurfürstendamm and numerous museums - 2013 around 4,600 new-build residential units were completed in whole of Berlin. o Only 255 completed in Charlottenburg-Wilmersdorf o The Federal Institute for research on Building Urban Affairs and Spatial Development (BBSSR) has estimated Berlin needs 16,000 new apartments a year - In H1 2014 rental prices for new leases have increased by 7.7% - Prices for condo’s have risen by 13% y-o-y - Up to 60% LTV financing available Property Essentials - Developer LRC UK Ltd - Total Number of units: 8 - Completion date: Q1 2014 - Location: Nussbaumallee 14 - Neighborhood: Westend, Charlottenburg - Price Range: €262,000 - €992,000 - Average Price/Sqm: €5,651 - Travel times: o Walk Kastanienallee Bus Stop M45 direction o S+U Zoologischer Garten 3mins o Walk Berlin Westend S-Bahn 12 mins o Walk Berlin Neu-Westend U2 14 mins Location Map – click on Google Map link: https://goo.gl/maps/AGfRO Nathan Cheung Account Manager T: +852 3965 9383 M:+852 6891 8077 W: www.ipglobal-ltd.com IP Global Ltd Harcourt House , 39 Gloucester Road Suite 601-6, 6th Floor Wanchai, Hong Kong