Dubai

The Savills Blog

Berlin – investment hotspot for Summer 2020 with AM TACHELES launch

Berlin has become one of the most attractive investment destinations in all of Germany and it has done so in the space of just a few years. Foreign investors have long been casting interested eyes over the city and are now taking the plunge and you can see why - the population is growing, the economy is ticking along nicely, and the real estate market is on the up.


Recent data from Savills World Cities Prime Residential Index shows that Berlin has seen stand out growth for prime residential property of approximately 8.8% over the last year. This in part is due to the low supply levels coupled with increasing demand from domestic and international buyers.
This strong capital price growth has kept yields close to the index average at 3.1%.


In the context of this, I’m pleased to announce our appointment as international selling agents for the new urban quarter, AM TACHELES, one of the most exciting mixed-use projects in Berlin.


Located on the former Kunsthaus Tacheles in the Mitte district, this historical landmark is set to become a new cultural hub in the city with 133 apartments and penthouses, office space and a range of shops and restaurants. The project will appeal to people interested in culture, Berlin connoisseurs and architectural enthusiasts.


Designed by world-leading architectural champions -  Herzog & de Meuron, Grüntuch Ernst Architekten and Brandlhuber + Muck Petzet -  the five distinct residential buildings combine striking design and world-class facilities. Owners will have access to a concierge service and a health club and spa with private gardens, swimming pool, saunas and fitness rooms.


Prices at the Residences at AM TACHELES start from €567,000 for a one bedroom apartment, so the opportunity for investment is well within reach for many GCC investors.  We are already seeing strong interest from Russia and China.

 

For more information CLICK HERE

 

Recommended articles