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Condominium for investment in Prenzlauer Berg
€194,000
- Type: Apartment
- Price: €194,000
- Bedrooms: {"0":"1"}
- Bathrooms: 1
- Area: 549 sq.ft.
- Location: Berlin, Berlin, Germany
About this property
Rented 1-Room Ground Floor Apartment in Historic 1930s Complex – Prenzlauer Berg Key Facts Ground floor unit, approx. 1 room Rented – solid investment opportunity Located in a protected historic building Commission-free purchase Property Overview This rented one-room apartment is located on the ground floor of a well-preserved residential complex from the 1930s in Berlin’s sought-after Prenzlauer Berg district. The apartment forms part of a large condominium community with 276 residential units, spread across multiple addresses: Gudvangerstraße 31–57 Varnhagenstraße 18–44 Kuglerstraße 69–71 Wisbyer Straße 24–25 The ensemble of buildings is heritage-listed and characterized by charming architecture and a lush inner courtyard with mature trees — a rare find in Berlin's urban core. Features & Amenities District heating with central hot water Wooden double-glazed windows, with external shutters on ground floor units Insulated flat roof (refurbished and re-tiled last year) Wood flooring in living areas Terrazzo flooring in the kitchen Kitchens equipped with either gas or electric stoves Private basement storage per apartment Balcony access for most units (courtyard-facing) Heated stairwells and intercom system Prime Location Nestled in a quiet side street off Wisbyer Straße, this address offers both serenity and convenience. Residents benefit from: Excellent transport connections: Ringbahn S-Bahn station and multiple tram lines just a short walk away Schönhauser Allee shopping mile within walking distance Supermarkets and daily necessities available nearby Investment Highlights Long-term rented unit in a high-demand area Situated in a heritage-listed building with strong character appeal Steady rental income potential with reliable tenant base Located in one of Berlin’s most popular districts for urban professionals, creatives, and families Benefit from attractive tax incentives, including: Tax-free capital gains after 10 years Depreciation on acquisition and maintenance costs Interest deductibility on financing Conclusion This compact and well-maintained apartment in a heritage-protected Prenzlauer Berg complex offers a secure entry point for property investors. Its stable tenancy, high location appeal, and long-term appreciation potential make it a compelling choice for anyone seeking reliable capital growth in Berlin’s residential market.