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    Apartment in Mitte

    399,000 €
    • Total area 52 m²
    • 2 bedrooms
    • 1 bathroom
    • Balcony or terrace

    Museum Island, the Australian and Brazilian embassies, Berlin’s historic harbor – you simply can’t beat having neighbors like these. Unquestionably, the area around Köllnischer Park in Berlin-Mitte attracts sophisticated residents with a sense for the finest things in life. People who truly care about where and how they live, who want to live in a stylish apartment in a vibrant location. This exclusive condominium in Embassy, a stunning new residential complex in the heart of Berlin, represents an investment opportunity with the very best potentials. After all, the Berlin housing market is gripped by strong demand and a significant under-supply. And demand for residential units in the German capital is set to remain high for the foreseeable future: 20,450 new residential units need to be added every year until 2030. Unfortunately, only 19,000 new apartments were completed in 2019. In the medium term, completion figures are likely to stagnate. Not only are fewer construction permits being issued, the availability of building land is also in decline. In combination, these two factors are creating serious obstacles to the long-term development of new housing.

    • Strong and sustained demand for apartments: 20,450 new units needed p. a. until 2030*

    • Attractive investment environment

    • Constant population growth: Net population growth averages c. 20,500 p. a. over the last five years*

    • Europe’s start-up capital

    *Source: JLL Residential City Profile, H1 2020

    The quarter around Köllnischer Park, which is situated close to the River Spree in Berlin-Mitte, offers residents a combination of exciting contrasts: a vibrant art and cultural scene, stately embassies, a charming, historical center and some of Berlin’s most iconic sights. All of which underscores Embassy’s exemplary location. The quarter can truly be described as an insider tip: Thanks to the green oasis of Köllnischer Park and the almost sacral walls of Märkisches Museum, the immediate neighborhood is quiet and almost village-like – yet situated right in the center of Berlin. Köllnischer Park was built in the 18th/19th century on the site of a former fortress and is almost one hectare in size. The park is surrounded by architectural marvels from across the centuries. The quarter also possesses a touch of international flair, home to numerous embassies and their staff.

    Relaxation can easily be found with a pleasant jog along the banks of the Spree River or a quiet walk in the nearby historical park. The district is on the up and has already been discovered by new restaurants and hotels. Over the next few years, this could well become one of the most sought-after locations in Berlin-Mitte. And, with direct links to Berlin’s extensive transport network, Embassy is the ideal starting point for exploring the whole of Berlin.

    Keyfacts:

    Floor: EG

    Rooms: 2

    No. of Floors: 6

    Living Area: 52,03

    Old/New Building: New building

    Condition: First occupancy

    Completion Date: Spring 2021

    Number of Carparks: 0

    Balcony/Terrace: Yes

    Property Type: Ground floor apartment

    Location&nbsp: Berlin-Mitte

    & nbsp: Berlin-Mitte

    Energy Pass Type: Bedarfsausweis

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