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No.1 Charlottenburg, Berlin, Germany

Project overview

It’s thriving economy and high quality of life is what has propelled Berlin to become Europe’s leading real estate investment metropolis. No.1 Charlottenburg is a truly exceptional residential complex in the heart of the vibrant city of Berlin. Its central location, a few minutes’ walk from the busy Straße des 17. Juni, is peaceful and calm with spacious gardens on the banks of the River Spree. No.1 Charlottenburg is a 3 minute walk from the bucolic Tiergarten park. This picturesque environment provides an ideal setting for long walks and leisurely drinks at the Café am Neuen See. 

Developer: Cannon & Cannon 

Location: Englische Straße 20, Berlin, Germany 

No. of units: 272 units 

No. of storeys: 8 

Unit type: 1 – 3 bedroom apartments 

Apartment size:  35 – 154 sqm 

Completion: Q4 2018 – Q2 2019 

Tenure: Freehold 

Selected key features: 

  • Unique river view - just 19 meters from the waterfront
  • Close proximity to two of Berlins finest Universities, with over 35,000 students
  • 1 min walk to closest train station that connects with the entire city
  • Only 1 train stop away from Kurfürstendamm, the famous shopping and restaurant boulevard in Berlin
  • 15 min from the airport
  • Only 2 train stops  to Berlin main train station
  • Excellent rental demand from students, academics, professionals and families
  • 2.84m to 3.13m ceiling heights
  • Vast amounts of natural light
  • Floor to ceiling windows
  • Parquet flooring with under floor heating
  • Heating and cooling system
  • Many residences feature balconies
  • Magnificent view, stretching from the gardens and River Spree over the center of Berlin

Amenities: Underground parking (optional) 

Estimated service charge: Cost to be covered by the tenant 

Car parking: Secure underground parking which can be purchased at an additional cost 

Transportation:

  • 3 minutes walk to the Tiergarten train station
  • 6 minutes walk to Technical University of Berlin
  • 12 minutes walk to Berlin University of the Arts
  • 15 minutes to Berlin Tegel airport

Payment terms:

  • 1st installment – 30.00 % After the beginning of construction works
  • 2nd installment – 28.00 % After completion of the building shell works, including carpentry works
  • 3rd installment – 12.60 % For the mounting of windows including glazing, and for the inner plaster works excluding the finishing plaster works
  • 4th installment – 12.60 % For the floor screed, the raw installation of the heating, sanitary and electrical systems
  • 5th installment – 4.90 % For the construction of the roof areas and roof rain gutters and for the façade works
  • 6th installment – 8.40 % For the tile – laying works in the sanitary areas and according to the readiness for occupancy gradually (step by step) against property hand over
  • 7th installment – 3.50 % After the entire completion 

Starting price: €229,000

For further information on No.1 Charlottenburg, please contact Dominic Heaton-Watson.


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