Invest where demand is highest: Berlin-Mitte

The PropertyInvest where demand is highest: Berlin-Mitte

 

 

The whole world is making a beeline for Berlin. Unfortunately, there are not enough apartments and houses to go around and demand far outstrips supply. According to forecasts, the German capital needs to add an extra 20,450 residential units per year for the rest of the decade if it wants to keep pace with demand. But the shortfall continues: housing completions in 2019 only delivered 19,000 new apartments. In the medium term, completion figures are likely to stagnate. Not only are fewer construction permits being issued, the availability of building land is also in decline. In combination, these two factors are creating serious obstacles to the long-term development of new housing.
Wouldn’t it be great to own a piece of property here – one that you can easily rent out? And just imagine if your apartment was located in an extremely popular and central neighborhood, on the first floor of a stunning apartment complex and with barrier-free access. Moments from the Spree River. With Berlin’s Museum Island just outside the front door and close to Gendarmenmarkt. Cafés, restaurants, galleries ... you get all this and more with a condominium in Embassy, an exquisite new-build residential complex at Köllnischer Park in Berlin-Mitte. At Embassy, residents immerse themselves in a world of sublime architecture, stylish interior design and the kind of flair that can only be found in Berlin-Mitte.

HIGHLIGHTS

  • Strong and sustained demand for apartments: 20,450 new units needed p.a. until 2030*
  • Attractive investment environment
  • Constant population growth: Net population growth averages c. 20,500 p.a. over the last five years*
  • Europe’s start-up capital

*Source: JLL Residential City Profile, H1 2020

  • 43 square meters
  • 2 Rooms
  • 1 Bathrooms
  • Location Berlin-Mitte
  • Address Am Köllnischen Park
  • Types exclusive apartment
  • Extras balcony or rooftop terrace, high-class fixtures and finish, impressive ceiling heights, underground parking, central location
  • Status construction in progress
  • Ready for occupancy Spring 2021
  • Commission (incl. VAT) 5.80 %
  • Parking space yes, subject to fees

Floor plan

Showroom Embassy

Embassy show apartment
Visit us and experience the Embassy for yourself.

Click here to feel the stylish and relaxed lifestyle at the Embassy.

Die Lage

Berlin-Mitte

With the government district, Museum Island, and the main railway station, numerous boutiques, and the start-up scene hotspots all close at hand, Berlin-Mitte boasts the perfect combination of metropolitan flair and local neighborhood atmosphere. Around 86,000 people live in an area covering slightly less than eleven square kilometers in the district between the East Side Gallery and the Brandenburg Gate. Barely any other part of Berlin is so steeped in history, with as many political and cultural attractions to offer as Mitte. Be it Checkpoint Charlie, the Brandenburg Gate, the Berliner Ensemble or the Reichstag building – they all add to the unique charm of Berlin-Mitte and its growing popularity.
The large district of Mitte in particular is benefiting from the growing numbers of Berlin residents. People like living in Mitte. After all, the district provides plenty of variety. With its range of neighborhoods, all of which differ widely, there really is something for everyone. And residential property is in great demand: with a vacancy rate of less than two percent, properties are leased extremely quickly. All of this forms the ideal basis for an attractive investment, today and in the future.

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ABOUT JLL
WHY YOU CAN RELY ON OUR EXPERTISE:

With 25 years’ experience in the exclusive marketing of premium real estate we are the leading specialist for the sale of freehold apartments directly from the project developer.

  • Sales advice in 15 languages
  • An established network of banks, independent financial brokers and solicitors
  • Service worldwide: With more than 300 offices in over 80 countries JLL provides its clients with an international network that has exceptional coverage and presence
  • “All-in” package including rental, facility, concierge and furnishing services

 

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