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2 Bath, 3 Bedroom German Penthouse Available To Buy

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Penthouse Description

Living peacefully and in style at the heart of the most exciting big city is what awaits you at the Wilhelminian Palais at Kastanienallee! This exclusive property is situated at the centre of Berlin’s ‘in’ district of Prenzlauer Berg. The city centre, for example, Alexander Platz, is a mere 1.5 km away and Prenzlauer Berg is excellently linked to Berlin's public transport system.
No other district in Berlin has so many beautiful old buildings as this neighborhood. More than three quarters of the buildings were built during the Wilhelminian period. The stylish, modern and comfortable townhouses attracting many artists, well known actors and politicians. Prenzlauer Berg is a good and a quiet area to live in without having to do without the flair of the big city. Almost 150,000 people live here –a city within the city. Prenzlauer Berg is close to the city centre, i.e. the government district and Berlin-Mitte with its many attractions.
Due to the alternative scene, the range of cultural events and facilities in Prenzlauer Berg is large. The ‘Kulturbrauerei’ is a perfect example: these former brewery premises, which are more than 150 years old, are today home to theatres, cinemas and restaurants. In the surrounding area, there are many other small and large theatres, and both mainstream and art house-type cinemas. Cafés and bars ranging from the hip and trendy to traditional Berlin corner pubs also abound, as well as many restaurants offering something for every palate. If you want to shop, you won’t have to look very far. Grocery stores, small greengrocers, supermarkets and a shopping centre – all in the immediate vicinity.

Public transportation access: underground, suburban rail, bus & tram

Property description:

The city Palais was erected in 1886 in the classic architecture of the Wilhelminian period and is listed today as a historical monument. The original builders designed the building with great attention to detail, which is still especially evident in the entranceway, the stairwells and the façade of the building which looks out on to the street.
This exclusive property is now being refurbished with the same love of detail afforded by the original builders and the result is one commercial unit and 34 condominium apartments ranging from 34.73 m² to 167.01 m² in size, either with garden, terrace, balconies or roof terraces. The building’s garden is to be designed in a Mediterranean style and fitted with seating areas.
The six-storey residential building, Kastanienallee 25, consists of a street-side building, side-wing and courtyard building in the garden.
The property’s courtyard building will have ten apartments with balconies and two maisonettes which will have two floors.

Key points:

• storage compartments in the cellar,
bicycle storage facilities, a modern
intercom system with video and lifts
• the living rooms and bedrooms in the
apartments will be fitted with solid
wood parquet flooring
• existing stucco in the apartments are
to be reworked with the exception of
the attic apartments, which will be
given suspended ceiling elements in
the old Berlin stucco style
• all apartments have a garden,
balcony, loggia or roof terrace
• original doors and their mountings
are to be maintained, defective
wooden parts or panes of glass will
be replaced

Prices: starting from 115,500.00 EUR

Finance is available.

A broker’s commission of 3% of the purchase price plus statutory value added tax is incurred for the buyer.

Completion is due to Summer 2010.


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€469,612  |  £392,901  |  US$624,020
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 500251 
Town Berlin 
Province Baden-wuerttemberg 
Country Germany  
Type Penthouse
Bathrooms
Bedrooms
Build Size 125.23 
Category Off plan 
Listed over 1 year ago
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Property Characteristics

  • Views:  City views. A boulvard with beautiful old buildings, cafés, restaurants, bars and small shops.
  • Garden:  Garden in a Mediterranean style with seating areas
  • Kitchen:  Fitted kitchen
  • Distance to Shops:  immidiate vicinity
  • Facilities:  Very large roof terrace Rental management services are available

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Price: €469,612
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Purchase this Penthouse in Berlin for

€945p/m

(60% LTV, 5% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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