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Introducing Richard Quartier

A refurbishment of a listed building in the heart of the scenic Richardkiez neighbourhood, Richard Quartier will raise the bar for residential living in this Bohemian quarter of old Berlin.

Overall this is a great development situated within a popular tenant area of Berlin, which is highly demanded by the international and student market.

Facilities and Features

  • Scenic private internal courtyard
  • Short walk from the peaceful village green at Richardplatz
  • Just a 7-minute walk to the U-Bahn
  • Only 21 minutes from the city’s central employment hub at Potsdamer Platz
  • Sympathetic refurbishment of a historic Berlin residence

Location

Berlin, Germany

Bedrooms

Studio / 1 Bedroom

Completion

Completed

Rental yield

avg. 4.38%

Tenure

Freehold

Total area

239 - 555 sq ft

Achieved rent v. projected rent

156%

A Closer Look At Richard Quartier

Key Statistics for Property Investors

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Prices

Average Neukölln property value up 15.7% in second-half of 2015

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Population

Increased 40,000 per annum over past 3 years

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Development

17,600 Units in pipeline for 2016

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Employment

Job growth in Berlin was 73.7% higher the national average in the year to mid-2014

Why Invest In Neukölln?

Rentals:

the strong Richardplatz rental market drove a 12.5% rise in rents in 2014

Entry: 

low prices and high growth potential mean great value opportunities in Neukölln

FX: 

comparatively weaker EUR translates into excellent value for overseas investors

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