Märchen Palais, Prenzlauer Berg, , 86,875 From

Development: £86,875 From

Development Features

- Classical renovation project located in Prenzlauer Berg, Berlin
- Vacant apartments with a choice of studio upto 4-bedroom apartments
- 4 garden townhouses ("Remisen" units) available with 2 or 3 floors + private parking
- Unit dimensions between 35 and 147 square metres
- High quality renovation and materials
- Stunningly refurbished
- Prices from €86,875 (£73,643*)

Summary

Projects such as Märchen Palais are in high demand from both potential residents and international property investors. The combination of surprisingly low square meter prices together with excellent economic projections makes Berlin a prime property location.

This fairytale-like development is within a short walk of Berlins’ fairytale fountain in the heart of ‘Volkspark Friedrichshain’ and just 2 metro stations from the well-known Alexanderplatz. Living in Berlins’ most sought after district, you will have theatres, bars, shopping and exclusive galleries right on your doorstep.

The Project

Märchen Palais is a breathtaking classical renovation project with only 17 units left for sale. All units are very spacious, varying between 35 and 147 square metres. Our exclusive range of high-end-apartments includes 1, 2, 3 and 4-bedroom apartments, with some units expanding over 3 floors. Within our range is also a commercial unit for just €1.700 per square metre. All units have a separate storage room, which is included in the price. Some units have a nice, private garden and several ones even have a parking space right next to their unit.

Märchen 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 - Mitte

Living in Prenzlauer Berg is ‘in’. Anybody who is familiar with Berlin knows why; no other district in Berlin has so many beautiful old buildings as this area. More than three quarters of the buildings were built during the Wilhelminian period. Thanks to elaborate refurbishments projects and generous financial subsidies, most of them have become stylish, modern and comfortable townhouses which are appreciated and sought after by those living in Berlin and by those who know the city, attracting many artists, well-known actors and politicians.

Märchen Palais is ideally located within Prenzlauer Berg: You can reach the famous park “Volkspark Friedrichshain” within a 5 minutes walk. Within just several minutes you can visit the “fairy tale” fountain in the heart of the park, where you can relax and enjoy this unique environment.

Prices and payment schedule

Prices from €86,785 (£76,643 approx.*). As it is quite rare project, difficult to find in Berlin and specially in Prenzlauer Berg district, we strongly recommend securing your unit by reserving ahead of visiting Berlin. Please enquire and we will send you further information.

Reservation Deposit - €3,500
Payment Schedule - 30/70%
Estimated completion date - Q2 - 2010

Features

Features