7139 hib brochure v10 (1)

YOUR PLACE

IN BERLIN
PROVIDING THE BEST PROJECTS IN BERLIN FOR LIVING OR INVESTMENT

WHAT YOU CAN EXPECT IN 2014
FROM RESIDENTIAL PROPERTY
MARKET
PROPERTY PRICES AND
RENTAL YIELDS ARE RISING
BERLIN’S INVESTMENT PROSPECTS
GERMAN BANKS ARE LENDING
WHY BERLIN IS EUROPE’S
HOT SPOT

APARTMENTS | STUDENT INVESTMENTS | APARTMENT BLOCKS | SUPERMARKETS

OCT 2013

Providing the best projects in Berlin for living or investment

TABLE OF CONTENTS
Company Profile

4

HiB Services

5

Hot Properties

6

German Market News

8

Berlin – City Facts

10

“Every person who invests in well-selected real estate
in a growing section of a prosperous community
adopts the surest and safest method of becoming
independent, for real estate is the basis of wealth.”

Berlin’s Expanding Business Scene

13

Residential Property Market

14

Berlin’s Investment Prospects

15

Bank Financing in Germany

17

HiB Projects

19

Theodor Rousvelt

Apartments 20

Carrée ALTE POST

21

Flottwellpromenade

22

The Garden

23

Student Accommodation

24

Apartment Blocks

26

Supermarkets 28
Buying Process

2

www.homeinvestberlin.com

30


HIB SERVICES

PROPERTY RENTALS
There’s a very strong culture to rent your house in
Germany and contracts are usually long term. Over
80% of Berliners are tenants which create high
demand for rental property but it is very important
to get the right tenant from Day 1. The EURIX
rental management team will advertise your vacant
apartment, interview potential tenants and prepare all
the lease contracts according to German law.

Home Invest Berlin is part of the EURIX Group which
was founded in 1996 and since then has emerged
as one of the market leaders in Real estate sales and
rentals and Asset management in Berlin, Germany.
Home Invest Berlin has an experienced multilingual
team, with expertise in property sales, rentals and
property management and finance. Over the last 17
years we’ve completed over one thousand property
deals in Germany and currently have over 1000
properties under management for our private investors
and investment funds. “EURIX is ideally positioned in
the heart of Germany to take advantage of one of the
most exciting property economies in the World!”

HiB is a division of the EURIX
Group of companies

4

LEGAL AND TAX ADVISE

Our fully qualified German mortgage advisers provide
inside knowledge on getting the best mortgage rates from
all the leading German banks, whether for the purchase
or re-mortgage of a commercial property, a buy-to-let
investment property or your main home. We also offer
a wide range of insurance services to make sure each
of our clients has the right level of protection at the right
price.

COMPANY PROFILE

EURIX has an experienced and dedicated Property
Management Team to help you manage your
property, collect rents, pay the monthly bills, and
deal with tenant enquiries. We also take care of any
maintenance tasks or refurbishment, if required.

BANK FINANCING & INSURANCE

HiB team

PROPERTY MANAGEMENT

We have a long term partnership with experienced
Tax And legal advisers in Germany specializing on
German Real estate market which have helped
multiple clients from EU and other countries to buy or
invest in Germany as private individual, company or
through offshore.

Head office, Berlin

5

HOT PROPERTIES
RESIDENTIAL
APARTMENT BLOCK
Berlin-Köpenick
PRICE: €4,800,000
7.5% RENTAL YIELD

Low purchase factor of 13.4,
located in desirable residential
area. Multifamily home consists
of 56 apartments and 30 car
spaces. Bank financing available.

BRAND NEW
SUPERMARKET
Isenbuttel, Germany
PRICE: €2,147,000
7.7% RENTAL YIELD

Good location on the busy
shopping street with premium,
long term tenant in place.
Supermarket has good visibility
from the street and is well known
spot with commercial focus on
local consumers.

OFF-PLAN PROJECT
Flottwellstrasse,
Berlin-Mitte
PRICES FROM: €152,000

Apartments in the heart of Berlin’s
newly renovated business district,
only 5 min walking distance
from Potsdamer Platz, cinema,
shopping and entertainment area.
The development will consist of
two residential buildings and is
surrounded by park, giving access
to huge green area in the middle
of the city. Completion date:
Spring 2013.

FOR MORE INFORMATION CONTACT OUR
INVESTMENT CONSULTANT TODAY ON:
+49 (30) 499 05 09 50 or info@homeinvestberlin.com

6


GERMAN MARKET NEWS

MORE CONFIDENCE
IN REAL ESTATE THAN
IN OTHER BUSINESS
SECTORS
July 10th, 2013

RESIDENTIAL PORTFOLIOS: 2013 SHOULD BE EVEN BETTER THAN 2012
October 2, 2013

CBRE reported a transaction
volume of about €8.21bn for
residential portfolios in Germany
during the first three quarters. At
a drop of 5%, this amounts to a
slight decrease compared to last
year. In contrast, Savills observed
a 15% increase to almost €9bn,
according to preliminary numbers.

Savills counts only portfolios with
several buildings; CBRE takes all
deals involving 50 or more units
into consideration. The full year
is likely to end even better than
already very good 2012: according
to the CBRE report, a well-supplied
investment pipeline is ensuring a
year-end rally. The broker said it

expects sales for the year to reach
€11.5bn, after the €11.25bn
of the previous year. Between
January and September, CBRE
counted 141 transactions in which
more than 125,000 residential
units with more than 7.5mn sqm of
living space changed hands.
Source: TD International

THE INGREDIENTS OF GERMAN ECONOMIC SUCCESS
July 26th, 2013

With a culture of thrift and, now,
a fast-ageing society, Germany
naturally saves more than it spends.
(Barring a few years after unification,
it has run an almost uninterrupted
surplus since 1952.) But its currentaccount surplus, at 7% of GDP, is
now more than three times higher
than it was a decade ago, largely
thanks to an artificially cheap
currency and squeezed wages. It is
unhealthy, both for Germans (who
forgo higher living standards to pile
up savings that are poorly invested
abroad) and for others in the euro
zone and beyond.
8

German economists recognise that
this has to change. Hans-Werner
Sinn of Munich’s IFO economic
research institute says the country
is “too cheap”. But how best to
rebalance the economy: through
less saving or more investment? As
a share of GDP German investment
has fallen sharply, from 22% in
2000 to 17% in 2012. Public
investment has been squeezed,
firms have been cautious about
capital spending and in the
absence of a property boom
there has been little investment in
construction.

Property is now beginning to look
up. Ultra-low interest rates are
pushing up house prices and
spurring building. After a decade of
stagnation, German property prices
rose by 5% (in nominal terms) in
both 2011 and 2012. Cities like
Berlin and Munich have seen much
bigger jumps. Taxi drivers offer tips
on the best place to buy a flat. But
there is a long way to go. Relative
to income, German property prices
are still 20% undervalued.

The real estate industry in
Germany is optimistic and, against
the trend in other industries,
plans to increase investment and
add employees. These are the
findings of a Deloitte survey in
which 92% of the responding real
estate CFOs expressed a positive
outlook for Germany’s economy,
while in other industries that
number was only 56%.
The real estate CFOs (85%) said
they are still expecting rising
revenues, compared to 36% in the
other branches. The top business
strategy priority for the property
industry is to increase operating
cash flow. Following that is cutting
costs and reducing debt. The
largest risk factors are now seen
to be rising energy costs and the
instability of the financial system.

LBS FORECAST:
PRICES FOR
RESIDENTIAL
PROPERTIES TO RISE
BY 3% IN 2013
May 7th, 2013
The price trend on the German
residential market is upwards
in almost all of the regions and
segments. It is expected that the
most dynamic sector will continue
to be southern Germany. By the
end of the year, the purchase
prices for German residential
properties are likely to rise by
another 2-4%. All of these
findings are presented in “Markt
für Wohnimmobilien 2013,” an
analysis compiled by LBS. In the
past ten years, prices especially for
new condominiums have increased
almost everywhere. However,
with the exclusion of Germany’s
southern and southwestern cities,
prices for preexisting houses
and condominiums are barely
higher than in the spring of 2003.
The highest prices for both are
in the southern areas. Prices
for construction sites also show
enormous differences: in medium
to large cities in southern Germany,
the going price of €380/sqm is
three times higher than in the north
(€120) and five times higher than
in the east (€70).

Source: The Economist


9

Providing best projects in Berlin for living or investment


BERLIN – CITY FACTS

Berlin is a capital city of Federal Republic
of Germany with a population of
3.5million. By international comparison,
the German capital is the second largest
city in the European Union in terms of its
population and the fifth largest in terms of
its area.
Berlin is home to renowned universities,
research institutes, orchestras,
museums, and celebrities, and hosts
many sporting events. After the fall of the
wall, Berlin has evolved into a cultural
mecca and has become a centre for art,
design, multimedia, electronic music, and
fashion among other things. With 175
museums, Berlin has more museums
than rainy days. It also boasts more than
50 theatres and around 300 cinemas.
Particularly appealing is also Berlins
green spots with over a third of the city’s

10

extensive surface covered by sweeping
parks, forests, lakes, rivers and canals.
Public transport in Berlin is thorough
and efficient with the railway and bus
network the fastest way of getting around
the capital. The city is well known for its
festivals, diverse architecture, nightlife,
shopping, contemporary arts and a high
quality of living.
You may find yourself wandering around
one of the many central districts of
Berlin, each of them being perfectly
self-sufficient with plenty of small cafes,
various restaurants and local designer
boutiques allowing you to explore the
diverse personality of this exciting city.


11


BERLIN’S EXPANDING BUSINESS SCENE
Majority of Berlin’s economy is made up from small
and medium sized companies. The strongest
sectors include electrical engineering, food products,
chemical, mechanical engineering and motor
vehicle manufacturing. Berlin’s economy is mainly
based on the service sector, encompassing a wide
range of creative industries, convention venues and
media corporations. It is the city of choice for tech
entrepreneurs, fashion designers, and artists with
a strong and diverse culture scene. According to
the recent reviews Berlin is also one of the top five
congress cities in the world and in 2011 the tourism
sector numbered over 22 million overnight stays by
9.8 million tourists. It also serves as a continental hub
for air and rail transport in Europe and is the third most
visited country in EU.

Berlin is currently seeing a net increase of residents
with many governmental and large corporations
relocating staff there from other German cities; this
influx is driving rental demand and rents upwards.
Bringing Berlin more in line with the rest of Germany,
this alignment in the market signifies a real buying
opportunity with strong fundamentals supporting
the rise in rental yields. The population of the city
is rising at an increasingly robust rate, with more
recent projections putting Berlin closer to 3.7 or 3.8
million residents by 2020. The flourishing startup and
technology scene along with its traditional industries
continuously expanding makes macroeconomic
picture of city’s property market very solid.

POPULATION DEVLEOPMENT IN BERLIN (THOUSANDS)
3550
3500
3450
3400
3350
3300
2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012
(Half year)

Source: Berlin – Brandenberg Statistics Office

12


13


RESIDENTIAL PROPERTY MARKET


Residential property is the key growth area in
Germany right now and its capital Berlin has the
biggest potential for growth. Most of the 1.8 million
apartments in Berlin are rentals, averaging 84% with
long rental terms of typically 10-15 years, but in recent
years the choice of reasonably priced and exclusive
living space in Berlins extremely varied districts has
increased. Rents are generally lower than in any other
major German city but are widely expected to increase
significantly over the next 10 years.

Berlin real estate is considered to be prime residential market in Europe, surpassing by far most other cities.
The reasons are related to the low purchase prices in Berlin, in contrast to its first-class rental prices and its fast
growing economy.

One of the advantages of residential market that
attracts investors is that tenants in Berlin pay for all the
running costs of a building such as insurance, snow
clearance, and other service charges. The only costs
sustained by the owner are building maintenance and
a property management fee.
Historically, Berlin’s attraction for young people has
been helped by cheap rents. But this is changing as
interest in inner-city luxury apartments grows. This is
especially true in districts such as Mitte, which has
seen significant rent increases. Pension funds, listed
firms, and private equity players, as well as wealthy
Germans, are now among the city’s residential
landlords. Even if the property prices would double
in Berlin, they would still be affordable in comparison
to other European cities. The possibilities for the next
decade are seemingly endless.

BEST SECTORS FOR ACQUISITIONS IN 2013, BY CITY

TENANCY RATES IN EUROPE
SPA

14.5%

Industrial

Apartment

Hotel

Amsterdam

8

9

5

9

2

Athens

4

6

0

3

10

Barcelona

10

13

4

8

12

Berlin

13

21

5

40

10

Brussels

15

13

4

9

3

Budapest

6

9

2

3

1

Copenhagen

2

12

0

9

1

Dublin

12

5

3

7

5

Edinburgh

8

4

3

6

5

Frankfurt

RISING RENTAL YIELDS & PROPERTY PRICES

Retail

20

22

9

18

6

Hamburg

Berlin is often regarded as “Silicon Allee” where
technology, media and creative industries total almost
37,000 companies with an annual turnover of €26
billion. Environmental technologies sector employs
more in Berlin than anywhere else in Germany.
Property market is responding to this growth and
residential in particular as regarded as one of the most
popular in Berlin.

Office

17

22

16

24

8

Helsinki

7

10

2

4

1

Istanbul

16

16

14

10

17

UK

NL
GER

2

5

3

15

12

31

17

Lyon

11

11

12

7

2

Madrid

12

14

1

9

9

Milan

8

24

3

12

8

Moscow

8

10

7

5

4

€4.59

Munich

28

26

7

25

11

Paris

33

28

6

10

8

Prague

10

11

3

3

0

Rome

3

18

2

10

8

Stockholm

10

15

4

11

4

10

10

0

5

3

Warsaw

16

17

7

5

3

Zurich

11

12

3

11

3

17.7%
24.6%

€5.32
€5.21

€5

29.5%

€5.00
€4.76

37.5%
€4.24

€4

57.4%

€4.24

€4.00

€5.08

€4.48

€4.56

45%

€5.04

€4.75

€4.49

FRA

9

31

Vienna

ITA

8

London

€4.83

IRL

Lisbon

€6

€3.98

€4.22

€3.79

BERLIN

A POPULATION OF TENANTS

84%

€3
10/1999
2000

03/2002 10/2004 10/2006 10/2008 09/2010
2003

New Apartments

2005

2007

All Apartments

2009

2011

Old Apartments

Sector recommended by:

30 or more

15-29

14 or fewer respondents

Source: PWC – Emerging Trends in Real Estate Europe 2013 survey.

14


15



BANK FINANCING IN GERMANY

ALL PROPERTY RETURNS

Excellent

6

Good

4

Real estate still provides a “hard yield in a low-yielding world”. As with debt, investors are still seeking safety first,
returns second. Fresh debt is increasingly expensive. As banks seek to meet higher funding costs and their
required return on equity, margins have ticked up. But low interest rates are helping to keep the all-in cost of
borrowing at affordable levels.

2

Fair

0

Poor

If we look in details in the graph displayed below, specifically about mortgage rates in Germany, it is remarkable
to see how these interest rates slowly decreased during the last ten years.

-2

Very Poor
-4

Prospects

Rating

Ranking

Good

3.72

2nd

New Property Acquisitions

Fair

3.46

3rd

Development Prospects

Fair

3.09

7th

-6

Existing Property Performance

2006

2007

Total return

2008

2009

Capital growth

2010

2011

Income return

Sources: Investment prospects: Emerging Trends in Real Estate
Europe 2013 survey. All-property returns: Investment Property
Databank.

CITY INVESTMENT PROSPECTS
New Investment

Development

Munich

3.73

3.56

3.29

Berlin

3.72

3.46

3.09

London

3.57

3.23

3.13

Istanbul

3.55

3.47

3.46

Hamburg

3.49

3.45

3.46

Paris

3.36

3.45

3.21

Zurich

3.33

3.28

3.25

Stockholm

3.31

3.13

2.90

Moscow

3.31

3.15

3.08

Stay the same

All these aspects are providing positive impact on overall German economy during times, when every other EU
country is struggling to get back on track after global market crash down.
Furthermore, the European Central Bank in January 2013 issued interest rate of 0.5% which allows the low cost
of financing to be maintained in Germany.

MORTGAGE INTEREST RATES IN GERMANY
Existing Investment

Increase

As economy kept growing it became easier for developers to receive mortgages for real estate projects from
German banks than ever before. In 2013 Germany once again affirmed AAA rating from Fitch Ratings giving clear
indication that its government had beat its own budget targets and positioned Europe’s largest economy on the
path to growth.

7%
6%
5%
4%
3%
2%
1%
0%
2001

2003

Source: Emerging Trends in Real Estate Europe 2013 survey.


2007

2009

2011

2013

Source: VDP Verband Deutscher Pfandbriefbanken

16

2005

17


HIB PROJECTS

APARTMENTS:
Either you are looking for a place to live or buy-to-let
property, we have a various offers on off-plan projects in
central Berlin. We offer property management and bank
financing for each of the projects.

STUDENT INVESTMENT:
Student accommodation is a low risk, high yielding and
totally hands-off investment and can generate significant
profits to investors. Our projects are situated in one of
the biggest student cities in Berlin with high demand on
accommodation.

APARTMENT BLOCKS:
If you are looking for a stable and profitable investment
option in Germany, residential property investment
opportunity would suit your needs. We have carefully
selected property portfolios with high rental yields and
growing rental income. Bank financing is also available.

SUPERMARKETS:
If you are looking to invest in commercial property in
Germany, we have a selection of profitable supermarkets
in different locations, already tenanted and generating high
rental yields . Bank financing is also available.

18


19

CARRÉE OLD POST OFFICE QUIET OASIS IN A BUSTLING CITY


PRICES FROM

E159,000 – E695,000

APARTMENTS

Completion date: Spring 2015

Home Invest Berlin offers you various high quality off-plan projects in
central Berlin and close surroundings. Our chosen developers has
extensive references with similar project built in the past and are well
known by high building standards and excellent quality.

CARRÉE OLD POST
OFFICE
PRICES FROM:
€159,000

Area: Berlin: Lichtenberg
One historic building which once
served as Post office will be
completely renovated with
preserved architectural style from
mid 1920, and two new buildings
located at Lichtenberg,
near Frankfurter Allee, one of the
major traffic arteries in Berlin .
The Carrée is also adjacent to a
park and appears like a quiet
oasis providing an escape from
hectic city life.

FLOTTWELLPROMENADE

THE GARDEN

PRICES FROM:
€152,000

PRICES FROM:
€159,000

Area: Berlin: Mitte

Area: Berlin: Mitte

Located in the heart of Berlins
newly renovated business district,
only 5min walking distance away
from Potsdamer Platz.
The project will consist of two
residential buildings and a
hotel with underground parking.
Residential building is off the
main street but keeps an easy
access to various transport
options and are surrounded by
huge green park with nice
walkways around.

Just a few minutes away from
the city centre hustle will lay this
beautifully designed property
complex with carefully planted
garden around allowing to enjoy
the maximum of daylight and
highest level of comfort for it’s
inhabitants.

The project will consist of renewed historical building of an old post office
and one new built development. As one of the few remaining grand
public structures in Lichtenberg this old post office building is now listed
as a historic memorial to the expressionistic architectural style of the mid
1920s. Located in Lichtenberg, which is near Frankfurter Allee, one of the
major traffic arteries in Berlin the project with the adjacent park appears
like a quiet oasis providing an escape from hectic city life.

A
n overview of the benefits you can enjoy:
• Historic building with 48 units
•
New construction with 90 units flats from 50 – 200 m²
• 3 M ceiling height
• Underfloor heating
• Elevators
• Wheelchair accessible apartments
• Rooftop apartments with additional ateliers
• Real wood parquet
•
Underground parking available
• Park directly adjacent, the city park and town hall park lichtenberg
within a five minute walk
• 2–6 Rooms, spacious and designed to meet every desire
• Central heating

Living Varieties
Carefully reconstructed the building
is going to house 48 apartments with
sizes from 50 to 200 m² designed to
create a symbiosis between historic
substance and modern live style.
These apartments are tax incentive.
Designed to create a smooth optical
transition from the historic building
the 4 new structures will house 90
attractive and spacious apartments
with sizes varying from 50 to 160 m².

Location
Just a quick jaunt from Friedrichshain,
one of Berlins hottest districts, The
Carrée Old Post Office is located
in a quiet neighbourhood, close to
Frankfurter Allee, one of Berlins main
arteries providing easy access to the
city centre as well as out of the city. It
has an easy access to various means
of transportation such as tram, metro
and city rail. For those who enjoy
the flexibility of a car parking/garage
spaces are available. The property
has also several spacious parks in the
neighbourhood allowing you to enjoy
the nature without going away from
your home area.

• Walking distance to a large shopping centre, parks, public
transportation, healthcare, schools and more

20


21

FLOTTWELLPROMENADE WITH A HEART IN THE CITY CENTRE…

THE GARDEN FOR THOSE WHO WANT TO HAVE IT ALL...

PRICES FROM

PRICES FROM



E152,000 – E725,000

The property is located in between Berlin’s most central districts: Mitte,
Kreuzberg and Schöneberg, which is only short walking distance to
Potsdamer Platz and has an excellent connection to a public transport.
The development will consist of two residential buildings and is
surrounded by newly renowned Gleisdreieck park, giving access to huge
green area surrounding one of the central business districts in Berlin.

Living Varieties
The lay outs of the living spaces
can be flexible. 2,80 m high ceilings
and French windows give the 1st
floor rooms a bright and spacious
atmosphere. Flexible floor plans and
exclusive furnishings inspire creativity
and imagination. Available with
balconies or terraces apartments sizes
range from 73 m² – 152 m². Units can
also be combined. All units stretch
from one side of the building to the
other allowing for plenty of light.

E159,000 – .1,084,000

A secret garden – as diverse as the city, as alluring as nature. Architecture
that creates space and allows for spacious living. A place that combines
Berlin’s most exciting facets and offers retreat at the same time. A private
paradise, where you can leave the hustle and bustle of Berlin far behind,
without leaving the city centre. A place where well-considered forms, axes
and proportions cater to the needs for community and playgrounds and
for rest and retreat.

• 30 Studios 52m²

• Development: 2 residential buildings
• Location: flottwellstr. Berlin-kreuzberg/ mitte
• Right next to the new gleisdreieck park
• 92 Living units
• 2–7 Rooms, modern variable floor plans
• High-quality fittings in two design series
• 64 Underground parking places
• Location next to the potsdamer platz
•
Cinema and entertainment complex in walking distance
• Easy access to underground line stations
• Representable and safe area

22

The Garden leaves almost all other
details up to you. From apartment
to penthouse, there are a total of
approximately 280 living units, 114
of which are available for you as
owner-occupied flats. Each of them is
distinguished by its smart floor plan,
which can be customized to meet very
individual wishes
•
•
•
•
•

• 46 Apartments . 72 m² – 136 m²

A

Living Varieties

Apartments
Family homes
Garden homes
Townhouses
Penthouses

• Penthouse Apartments 93 m² –
8
132 m²

A

Location

• City garden, approx. 12,000 M²

• 3 Penthouse Studios 51 m² – 52 m²

• 7 Buildings

The Garden is located in a growing
and prosperous part of Mitte.
Location is very well connected with
different part of city by underground,
buses and tram lines. The art and
entertainment scene is just around
the corner. Here, in the middle of
Chausseestrasse, the district is very
relaxed and family friendly with its
swimming pools, spacious parks,
renowned private schools and
kindergartens.

• 5 Townhouses 151 m² – 154 m²

• 114 Living units

Location

• Flats ca. 61 M² – 217 m²

Potsdamer Platz is an important public
square and traffic intersection in
the centre of Berlin, Germany, lying
about 1 km south of the Brandenburg
Gate and the Reichstag (German
ParliamentBuilding), and close
to the southeast corner of
the Tiergarten park. Since German
reunification, Potsdamer Platz has
been the site of major redevelopment
projects.

• 2–7 Rooms, modern floor plans
• High-quality fittings in two design series
• Energy-efficient buildings, class 55 in accordance with enev 2009
• 121 Underground parking places
• 24/7 Concierge service
• 128,400 flowering plants in summer


23

INVEST IN STUDENT ACCOMMODATION THE CAMPUS STUDENT LIVING...
INVESTMENT FROM €80,000
5% RENTAL YIELD
RENTS AVERAGE 17.80 €/SQM
Available for investment now

Premium student accommodation investment

Studios for student living

Opportunity to invest in fully furnished student apartments based on the
campus of Free University Berlin. Every apartment is already rented and
due to the high demand for student accommodation and growing student
rates in University apartments are expected to be fully occupied over the
investment term. Studio apartment prices starts from €80,000.

Innovative services and sophisticated
furnishing provide the comfort and
care free environment a students
needs to be able to concentrate on
his/her studies. From ultra-compact
17 m² to spacious 37 m² the floor
plans of these studios are well thought
through. Intelligently designed floor
plans with space efficient yet stylish
furnishings transfer rooms into living
spaces. Large windows balconies and
terraces provide the necessary light
and oxygen access for hard study
days and long cramming nights. The
elegant design stylish furniture with
clean lines.

K
ey investment features:

Location

• 209 living units

Premus Campus is located on
the Free Univerity territory. Known
for its particularly green and lush
environment Dahlem lies in the
Berlins south western district SteglitzZehlendorf, where city villas, grand
townhouses and parks shape
the image of the area. It has easy
connection to public transportation
and short distances to all campus
buildings.

• Flats from 17 m² – 48 m²
• Studios with optimised floor plans
• Mostly with Balconies or terraces
• Park-like setting
• High-quality functional furnishings
• Energy-efficient buildings, class 70 in accordance with KfW
standards
• 5 garage parking spaces as well as outside parking spaces
0
• SmartConcierge service
• Connection to public transportation
24


APARTMENT BLOCKS

RESIDENZSTRASSE, BERLIN

6.94% Rental Yield- Low purchase factor of 14.4 located on the
shopping street. Multifamily home consisting of 15 apartments and 3
commercial units in a popular area in Berlin- Reinickendorf. Residential
block is situated on the main street, next to various public transportation
options. The property was completely refurbished in 2011 and all
apartments are in a very good condition. We’ve secured a purchase price
for factor of 14,4 which is low for completely refurbished block in Berlin.
Average rent for sqm is €5,80 which can be increased over the years.

Home Invest Berlin offers you various high apartment blocks in central Berlin and close surroundings. Our
chosen developers has extensive references with similar project built in the past and are well known by high
building standards and excellent quality.

BERLINER ALLEE, BERLIN

€3,050,000

6.94% Rental Yield – Low purchase factor of 14, located on the
shopping street. Multifamily home consisting of 14 apartments and
12 commercial units in a popular area in Berlin Weißensee. Residential
block is situated on the main street, next to the tram line and other public
transportation options. The property was completely refurbished in 2000
and all apartments are in a very good condition. Average rent for sqm is
€4,67, which can be increased over the years.

CHARLOTTENBURG, BERLIN

GRUNAUER STRASSE, BERLIN

€5,400,000

TWO RESIDENTIAL PROJECTS IN BERLIN

€4,100,000

CHEMNITZ, GERMANY

7.26 Rental yield- Purchase price 699€/sq.m, Government subsidies
available. Opportunity to acquire a property in Berlin Mariendorf, consisting
of 112 apartments. We have the opportunity to receive €1,2 mil. subsidies
from the government to refurbish the building with an interest rate of 0,4%!
With this fantastic offer it is possible to refurbish the property and later
increase rent to 5,50 €/sqm.

26

€1,400,000

7.14% Rental Yield – Low purchase factor of 14, no vacancies over
the years. Multifamily home consisting of 2 residential apartment blocks
with 22 apartments in popular residential areas in Berlin Reinickendorf and
Lankwitz. Both buildings are in good technical condition with a new heating
system, and apartments are fully rented. At the moment tenants are paying
an average of 5,86 €/m². For these properties we have a rental contracts
with a special regulation that we can increase the rent every year for €0,14.
That means that rent will increase every year for 2,4%.

€7,100,000

6.75% Rental yield- Excellent location in Berlin Mitte. Opportunity to
acquire 5 residential apartment buildings in Berlin Mitte, consisting of 77
apartments and 2 commercial units. Due to the excellent location there is a
constant demand for property in this area. Direct access to the city centre is
less than 15 minutes. Price of 1,126€/sqm with a purchase factor of 14,79
with no required refurbishment in the centre of Berlin is a clear indication of
the excellent price we have managed to secure with the existing vendor.

FREIBERGSTRASSE, BERLIN

€4,800,000

7.5% Rental yield- Low purchase factor of 13.4, desirable residential
area. Multifamily home consisting of 56 apartments and 30 parking spaces.
Units are located in renovated, four-story apartment building in a quiet area
of Berlin-Köpenick. The buildings are located on a residential street next to
the park and riverside. The apartments are in a good condition, each of the
have a balcony and are fully rented except one. The property is heated with
a modern gas central heating.

7.4% Rental Yield – Low purchase factor of 13.5, popular location in
Berlin. Multifamily home consisting of 49 apartments and 6 commercial
units. Charlottenburg is regarded as one of the wealthiest and most popular
locations in Berlin. Our secured purchase price of factor 13,5 is a clear
indication of the low purchase price we have agreed with the existing
vendor. The portfolio is being sold off market by an existing property fund.
At the moment tenants are paying an average of 6,71 €/sqm.

LIEBENSWALDER STR. BERLIN

€1,700,000

€2,640,000

7.92% Rental Yield- Central location, 12.4 purchase factor
Residential apartment block in Chemnitz city, east Germany, consisting of
59 apartments and 58 car spaces. Property is located in central residential
area in city. The property is in a very good condition and was completely
refurbished in the 1996 and apartments are of high standard. We have
secured low purchase price by factor of 12,4 which is 817 €/sqm for a
refurbished apartment block.

27


SUPERMARKETS

FURTH, GERMANY

6.75% Rental Yield – Great location, 9 long term tenants.
The Supermarket is located east of the city Fürth in the district of
Poppenreuth, which borders city of Nürnberg. The average rent/sqm per
month is €15.07 The total rent area of 2.022 sqm generates a total net
annual rental income of €381,111 pa.

Home Invest Berlin offers you various high supermarkets in central Berlin and close surroundings. Our chosen
developers has extensive references with similar project built in the past and are well known by high building
standards and excellent quality.

LADIUSSTRASSE, BERLIN CITY

€1,990,000

6.66% Rental Yield – Great location, long term tenant
Excellent opportunity to acquire supermarket in Berlin. The average rent/sqm
per month is €17.09 The total rent area of 1.565 sqm generates a total net
annual rental income of €321,000 pa.

ELDENAERSTRASSE, BERLIN CITY

€5,640,000

ISENBUTEL, GERMANY

€2,147,000

7.4% Rental Yield –Located on busy shopping street.
Supermarket has a very good visibility and is well-known spot from existing
markets because area has commercial focus for consumers The average
rent/sqm per month is €9.4 The total rent area of 1.410 sqm generates a
total net annual rental income of €159,048 pa.

€6,505,290

86.66% Rental Yield – Excellent location in popular tourist area of Berlin
The Supermarket is located in the very city centre on the main shopping
street Wiltbergstraße. The average rent/sqm per month is €10.09 The
total rent area of 1,689 sqm generates a total net annual rental income of
€221,063 pa.

FREDERSDORF, GERMANY
BERLIN – BUCH

7.9% Rental Yield –Long term tenant, low purchase price.
The Supermarket is located in the middle of busy residential district, next
to the main road and 5min walking distance from the train station. The
average rent/sqm per month is €8,83. The total rent area of 2.606 sqm
generates a total net annual rental income of €276,399 pa

€2,870,000

7.7% Rental Yield –Excellent location on the busy shopping street.
The Supermarket is located in the very city centre on the main shopping
street Wiltbergstraße. The average rent/sqm per month is €10.09 The
total rent area of 1,689 sqm generates a total net annual rental income of
€221,063 pa.

SCHONOW, BERLIN

FURSTENWALDE, GERMANY

€3,449,340

€1,875,000

6.6% Rental yield–Located next to highway into Berlin.
The supermarket is located in the city centre, on the busy shopping street,
next to the banks and other public institutions. The average rent/sqm per
month is €9.7 The total rent area of 1.280 sqm generates a total net annual
rental income of €150,000 pa.

12.4% Rental Yield – €800,000 below market value – bank repossession.
Excellent opportunity to acquire an entire residential property portfolio
consisting of 77 apartments and 2 small commercial units.
12.4% Rental Yield – €800,000 below market value – bank repossession.
Excellent opportunity to acquire an entire residential property portfolio
consisting of 77 apartments and 2 small commercial units.

28

€3,490,000


29



TYPICAL BUYING PROCESS
TRANSACTION COSTS

MORTGAGES

Transaction costs typically
amount to 10-12% of the
purchase price:

Mortgages are available for
German property depending on
the applicant’s financial status as
well as the property. Depending
on property and applicant’s status,
loans of up to 60-70% LTV are
possible (in very rare cases up
to 80%). German nationals can,
in some cases, obtain a higher
LTV. All applicants must provide
last three years of tax returns,
employment contract and pay
slips, bank statements, proof of
assets/liabilities, etc. While German
banks tend to view self-employed
applicants less favourably,
mortgages are typically available
provided all required documents
are supplied.

• Transfer tax (stamp duty) 3.5% –
5% (depending on state; since
1 April 2012 it’s 5% in Berlin)
• gent fee 6% + VAT (agent fee
A
structure varies state by state, in
Berlin the fee is payable by the
buyer, in some states it is split
between buyer and seller)
• Notary and land registry
1.5 – 2%
• Other associated cost
– translations, mortgage
(if required; approx. 1%
arrangement fees)
PURCHASE PROCESS
Purchasing a Germany property is
a straightforward process. After the
purchase is agreed a contract is
drawn up by the notary. A notary is
impartial to the buyer and seller and
is responsible for the tasks that, in
the UK, are performed by a solicitor
(title/land registry checks, preparing
purchase contracts and ensuring
fair contract conditions, etc). Both
parties need to be present at
the notary at contract signing or,
alternatively, can be represented
by another party with a power-ofattorney. Upon payment settlement
the notary requests ownership
changes at the land registry.

30

usually covers both house and
rental management services.)
GERMAN TAX
German tax law is among the
most complex in the world. It is
therefore a must for any investor
to consult a German tax advisor
and/or accountant, in order to
determine the most tax efficient
structure. In general, foreigners with
no other German income but rental
income on property will usually
be subject to the lower tax rates
(though this will depend on the size
of investments – income is subject
to a progressive tax). mortgages
are typically available provided all
required documents are supplied.

RUNNING COSTS
This will depend on the provisions
of the rental contract agreed
with the tenant. For residential
properties, all costs except property
management, maintenance and
repairs can generally be passed
onto the tenant. Costs for property
management are typically 25-35
euro per unit per month. Rental
management is a separate service
from property (house) management
and can be provided by the same
or another company (as house
management). The fee for rental
management is generally 25-30
euro per apartment per month.
(In case of entire blocks only one
management fee applies and

31

EURIX Group
Friedrichstraße 82,
10117 Berlin-Mitte,Germany
Call us Now: +49 30 499 05 09 50
Email: info@homeinvestberlin.com

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