Gateway to the West, Wilmersdorf

This recently refurbished development is located in central Berlin close to all city centre amenities including shops, restaurants, theatres, cinemas and much more.

Gateway to the West it is an excellent buy-to-let investment, with tenants already in place, offering investors yields of 4% approx.

Train station Halensee is within easy walking distance, with easy access to Berlin´s inter-city circle lines S41 and S42 and other means of transportation.

Investment Summary

• Secure buy-to-let investment
• Apartment prices from as little as €69.000
• Estimated rental yields of 4% approx
• Central location in Western Berlin
• Completely refurbished in 2004

Development Features

• 108 studio units available
• Underground parking, balcony & lift available
• Sunlit studios of up to 50 m² available
• With parquet-flooring, central heating, lift access from underground parking
• Large communal garden
• Residential building of 13 storeys’
• Very good public transport connections

The Project

We exclusively offer you 108 attractive buy-to-let studio apartments within a residential building of 13 storeys. The units vary between 41 to 50 sqm and are priced, from as little as €69.000. Originally built in 1958, this residential building now belongs to Berlin´s listed buildings.

Between 1994 and 2004, Gateway of the West was completely refurbished, which included the renewal of the central heating system, replacement of all windows, heat insulation, roof renovation and building of an underground parking.

All units are modern sunlit studios with parquet-flooring, a balcony and beautiful views to either Berlin´s green villa neighborhood or Berlin´s radio tower. Every owner has an underground parking at his disposal and a lift conveniently connects the parking with every floor.

Gateway of the West is an ideal home, since it is not only centrally located in Western Berlin, offering anything a capital has to offer, but also inviting you to relax in its large communal garden.

Assured rental potential

Gateway of the West is not only very well priced, well located, with high-end finishes, but is also a very secure, buy-to-let investment. The majority of the apartments are rented out, meaning you don´t have to worry about your monthly payments, since the tenant will pay the rates with an approximately rental income of 4%.

The Location

The development Gateway to the West is ideally located in Wilmersdorf, between the legendary Kurfürstendamm, West Berlin´s centre, and Berlin´s villa neighbourhood, Grunewald, home to Berlin´s wealthiest inhabitants. Kurfürstendamm, commonly known as Kudamm, is within walking distance from the development.

This area is Berlin´s former city centre, and is still the centre of Western Berlin. Kudamm is an internationally known boulevard, offering a wide range of restaurants, theatres, bars, cafés, shopping facilities and high-end fashion shops.

One of Berlin´s four biggest universities, Freie Universität (FU Berlin), is close to this development, located in Grunewald. Currently, more than 30.000 students are studying there, all of which are potential buyers or tenants.

Prices and Payment Schedule