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Box Seven, 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. In the middle of the sought-after ‘Travekiez’ neighbourhood, not far from the great hustle and bustle of Friedrichshain and yet quietly located, the Box Seven residential quarter is extremely well connected to Berlin’s public transport network. This is a popular neighbourhood among young families in particular: the relatively central location and good transport links are ideal and the array of places to eat out, community and cultural facilities and small, charming shops is as diverse as the people who live here.

Developer: Bauwert Group

Location: Weserstr. 37 D / Weserstr. 42 C, Berlin, Germany

No. of units: 191 units

No. of storeys: 6

Unit type1 – 3 bedroom apartments

Apartment size:  50 – 163 sqm

Completion: Q4 2018 – Q2 2019

Tenure: Freehold

Apartment features:

  • Modern fixtures and fittings
  • Every apartment with recessed balcony, outside balcony or terrace
  • Ceiling heights approximately 2.70 m
  • Video intercom
  • Vast amounts of natural light
  • Parquet flooring with under floor heating
  • Heating and cooling system

Amenities:

  • Underground parking (optional)
  • Courtyard bike parking
  • Own infrastructure with child day-care centre, café, retail outlets, office and medical practice space

Estimated service charge: Cost to be covered by the tenant

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

Transportation:

  • 5 minutes walk to the Ostkreuz train station
  • 3 train stops from Alexander Platz
  • 16 minutes to Central train station
  • 30 minutes to Berlin international airport

Payment terms:

  • 1st installment – 30.00% after the beginning of construction works
  • 2nd installment – 28.00 % structural work completion including carpentry work
  • 3rd installment – 13.30 % after installation of heating, plumbing and electrical systems, after installation of windows, including glazing
  • 4th installment – 11.90 % after completion of the interior plastering except finishing work and after, completion of roof and façade work
  • 5th installment – 4.90 % after completion of the screed and the tiling in bathrooms
  • 6th installment – 8.40 % after readiness for occupancy and in exchange for transfer of ownership
  • 7th installment – 3.50 % after full completion

Starting price: €373,000

For further information on Box Seven, please contact Dominic Heaton-Watson.


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