Emerging Real Estate Launches Brand New Investor Focused Development in Berlin
Emerging Real Estate, one of the UK's leading emerging property investment consultancies, has just launched its latest investor offering in Berlin. The development, Mitte Life, has a selection of benefits designed specifically for the UK investor market with prices starting at €138,000.
Situated in the bustling and hugely popular Mitte district, Mitte Life is an exclusive development that is made up of some 61 fully furnished and serviced apartments and lofts. The site is divided into three different sections: the front building, the side wing and the garden-house.
This classical and fully renovated building houses a wide choice of light and airy properties to suit all investor needs and budgets from studios to five bedroom apartments that range in size between 50m2 and 201m2. Investors in Mitte Life will enjoy high quality materials that are used in every apartment, such as oak wood parquet flooring and intelligent homes system. Whilst onsite facilities include; a day spa, a Jacuzzi and a private exotic garden. In addition, 34 parking spaces are also available adding to the building’s overall rentability and appeal.
The Mitte Life site is within easy walking distance of the Berlin’s Central Station, is adjacent to the world famous Natural History Museum and is just a few minutes walk to the city’s famous Friedrichsstrasse, know for its excellent shopping and numerous coffee bars.
With property prices still very low and Germany’s economy regaining its old strength, now is the perfect time to purchase an apartment in a luxury development like this.
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The development is also just 200 metres away from the new home of the country’s intelligence service which is relocating from Bonn to Berlin. Construction on the new complex of buildings started in 2007 and about 4,000 people will be working by 2011. All of this is again great news for investors.
The estimated completion date for Mitte Life is September 2009.
Tim Morgan, managing director of Emerging Real Estate, said; ‘Berlin is now one of the world’s most exciting cities. International and German investment is changing both the face and fortune of the city and coupled with a strong tradition of letting this means the property market is set to be a strong proposition for investors even in the current climate.
Tim concluded; This demand will enable investors to get involved in what is still one of the most dynamic property investment hotspots in the world.’
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