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The Wilhelm, Berlin, Germany (Apartment 16)

$ 583,603
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sold
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Unit: TWM-153
Unit Price: 512000.00 Euros
Area SqFt: 471
Beds: Studio
Floor: 2
Price Per SqFt: 1087.05
Rent per Month*: 918.67
Gross Yield*: 2.15%
Carpark:

A completed Application Form
Payment of HK$25,000 client fee at the time of reservation
A copy of your passport
15% notarization deposit
A further payment of 15% upon 12 weeks of exchange
A further payment of 10% 12 weeks later
Estimated Monthly
Service Charge €8 – €12 per square metre
Lease Details See Notary
Building Warranty 5 year Statutory Warranty

Mortgage Finance
Mortgage Type Principle & Interest repayment
Minimum Loan Size €15,000
Term Up to 25 years up to the age of 65
Currency Euro
Limitations Subject to status
LTV Ratios Up to 60% of the mortgage lending value
Penalties Penalties may apply for early repayment, 5% overpayments allowed per annum
Additional Info Mortgage arrangement fee of 1.5% (including 0.5% Complete Finance fee)

Offering exceptional value in the centre of a thriving world city, The Wilhelm is a luxury new build development in Berlin’s main business and cultural district.

Estimated completion: Q2 2018
Freehold
Rental yield up to 2.15%
Well-appointed studios, Manhattan studios and one-bedroom apartments
Luxury development in a prime Berlin location
Luxury services and amenities, including a 24-hour concierge
Prestigious location in Mitte, the heart of central Berlin
Popular rental area – strong diplomatic and corporate presence nearby
Furniture packs included

FURTHER DETAILS

WHY INVEST IN PRIME BERLIN?
Europe’s second-largest city is undergoing a major transformation, with a growing population supported by one of the world’s strongest and most secure economies.

Population growth: 340,000 new residents over the next 15 years
Job creation: over 250,000 new jobs created in the past decade
Supply shortfall: Berlin needs 19,655 new apartments per year through to 2020
Rental market: wealthy and secure rental demographic from local embassies and businesses
Price rises: Mitte prices rose 24.2% in 2014
Rental increase: rents in Mitte were up 10% across 2014
Read our latest market update to find out more about the case for investing in central Berlin.

Mitte is the prime centre of Berlin, and The Wilhelm is at its heart. An area of embassies, boutiques, flagship
stores, high-class restaurants and five-star hotels, Mitte is the home of luxury in Berlin. Looking out from The Wilhelm’s panoramic rooftop views, the beautiful Pariser Platz gives way to the glass-domed Reichstag and the open spaces of the Großer Tiergarten in the west.
To the east, the sophistication of the Unter den Linden boulevard follows the winding River Spree towards the famous Museumsinsel. To the south sits the vibrant Postdamer Platz, redesigned and regenerated to stand as a modern counterpoint to the historic monuments that surround it.

• Discreet and sophisticated reception and lobby
• Adjoining lounge featuring meeting room and spacious salon
• Wine vault and humidor for discerning residents
• Concierge and valet service along with 24-hour security

Sibel Huhn Interior Architects plan and design interior spaces to the highest international standards. Their focus is on planning and furnishing individual rooms as well as the overall design of private villas and apartments, including fitting them with exclusive furniture from high-end European and American manufacturers.
Placing a particular emphasis on a harmonious balance of shapes and colours, precious materials and the finest details, Sibel Huhn Interior Architects designed The Wilhelm’s luxury studio apartments as well as the high-class lobby and lounge on the ground floor and each of the building’s staircases, lifts and hallways.

COMMON AREAS
Foyer with 24/7 concierge Covered inner courtyard, landscaped gardens and children’s play area on first floor roof
WALLS AND CEILINGS
Ceiling heights between 2.5-2.62 metres
WINDOWS
All windows to follow EnEv 2014 / KFW 70-2013 efficiency regulations
HEATING
Centralized system for heating and hot water. Under-floor heating in rooms and heated towel rail in bathrooms
TV/INTERNET
One telephone point per room, connected to the concierge Television installed in the master bathroom Internet access points in lobby and living rooms
TECHNOLOGY AND SECURITY
2 lifts per block 24/7 CCTV monitoring all entrances, outdoor lighting, sensors linked to concierge Electronic security system with keycard and keypad access
DOORS
Heavy duty wooden door with bolt locking system. Bronze or brass coloured panels for apartment numbers and door
knocker All internal doors to be 40mm and finished as per the architectural plans. Door handles to be bronze or brass coloured
KITCHENS
Built-in kitchens with 60cm countertops. Induction hob, fridge and cooker hood to be high-quality branded products
4mm Oak floor boards Finish as per the architectural plans, otherwise white in colour
BEDROOM
4mm Oak floor boards
Finish as per the architectural plans, otherwise white in colour
BATHROOMS
Natural stone flooring (marble or similar) as well as underfloor heating and heated towel rail Full tiling in the shower areas otherwise tiling to the middle of the wall Large mirrors over the sinks Wall hanging toilet from brand such as Villeroy or Boch (or similar) Glass shower door and water metre for cold and hot water
PARKING AND BICYCLE RACKS
Bicycle racks available in the basement and garages as well as the covered inner courtyard

Europe’s second-largest city is undergoing a major transformation, with a growing population supported by one of the world’s strongest and most secure economies.

Population growth: 340,000 new residents over the next 15 years
Job creation: over 250,000 new jobs created in the past decade
Supply shortfall: Berlin needs 19,655 new apartments per year through to 2020
Rental market: wealthy and secure rental demographic from local embassies and businesses
Price rises: Mitte prices rose 24.2% in 2014
Rental increase: rents in Mitte were up 10% across 2014

City:
Area:
State:
Country: Germany
Property Id : 1472
Price: $ 583,603
Property Size: 583,603 ft2
Bathrooms: 1
attic
gas heat
ocean view
wine cellar
basketball court
gym
pound
fireplace
lake view
pool
back yard
front yard
fenced yard
sprinklers
washer and dryer
deck
balcony
laundry
concierge
doorman
private space
storage
recreation
roof deck

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