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| An incredible opportunity for those interested in buying property in Berlin. Wilhelminian Palais is being restored to the highest standards possible with a beautiful period façade and stunning interior refurbishment including stucco ceilings in all apartments. Projects such as these are high in demand from both potential residents and property investors and there are few period style classical renovations remaining in Prenzlauer Berg at these prices. |
Property in Prenzlauer Berg - Berlin
The Project
This exclusive property is situated on the celebrated Kastanienalle in the centre of Berlin’s stylish Prenzlauer Berg district. The six-storey residential building, Wilhelminian Palais consists of a street-side building, side wing and courtyard building in the garden. The 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 apartments ranging from 34.37m2 to 168.13m2 in size, either with garden, terrace, balconies or roof terraces.
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The Location - Prenzlauer Berg District
Wilhelminian Palais is located on one of Berlin’s most popular avenues Kastanienalle in the heart of this city’s most sought after district. Prenzlauer Berg is one of the only districts that has retained its classical, almost Parisian look and feel. Treelined streets, small intimate squares, green grocers and flower shops are part of the charm of this area. It’s an area that attracts celebrity residents and is where many of Germany’s top politicians live.
All city amenities are within easy reach as is public transport via tram and bus.
The Investment
Wilhelminian Palais is exceptionally priced for the type of property, the quality of the build and of course due to its Kastanienalle location. Properties are priced in this project from €117,000 (£100,000 approx.), which is very favorable when compared with similar quality projects in other key cities.
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Development Features
- Situated on Kastanienalle in Prenzlauer Berg
- 34 apartments and maisonettes – Tenant free
- Highest quality classical refurbishment
- Beautiful finishes in detailed Berlin Stucco
- Completed in December 2009
- Priced from only €117,000, (£100,000 approx)
Payment Schedule
As Wilhelminian Palais is a highly sought after property type for its classical design, finishes and Prenzlauer Berg location, we strongly recommend securing your unit by reservation ahead of visiting Berlin.
Reservation Deposit €3,500
Stage payments based on refurbishment
Estimated completion date December 2009
Please send me a brochure for this development
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