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Wilhelminian Palace, Prenzlauer Berg

Projects such as these are high in demand from both potential residents and property investors. Wilhelminian Palais is being restored with the highest standards possible with a beautiful period façade and stunning interior refurbishment including stucco ceilings in all apartments.

Investment Summary

• The most sought after property type in Berlin
• Located in the popular Prenzlauer Berg district
• Only 34 units available
• Low entry-level price when compared with other capitals
• High re-sale potential due to desirable location and quality

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.)**

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.

Wilhelminian Palais is a residential house of five floors, built in the 19th century. It is located in Berlin's most sought-after district, Prenzlauer Berg, which is one of the most exclusive areas in Berlin. It composes of a front-facing building and a side wing plus 4 units called “Remisen”. “Remisen” are separate from the main building and are very characteristic of Berlin's “in”-district Prenzlauer Berg. A “Remise” is comparable to a townhouse and is surrounded by a private garden of 50 square meters. Additionally, these exclusive units consist of 2, and sometimes of even 3 floors and all have a private parking space right next to the dwelling.

The Location

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.

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