Living Steglitz GmbH, a real estate company based in Berlin, is planning to develop a contemporary 8-flat apartment building on a recently acquired piece of land situated in Berlin’s residential district of Steglitz – a district just a stone’s throw away from the busy city center, renowned for its treasure trove of eclectic offerings ranging from the beautiful Botanic Garden through to Steglitz’s picturesque city park with its extensive woodlands and even a rose garden.
Interest rate payments start calculating from the day you make your investment!
The following pledges secure the loan:
• Mortgage on the existing land property;
The loan is offered with the BuyBack Guarantee: thus, if a borrower is late with the repayment of the loan, TFGcrowd will compensate the investors both the invested principal amount and interest, as well as pay the accrued interest after 60 days of delay.
So, you’re the kind that wants the best of both worlds?
You don’t want to live far out in the woods, but don’t like the hustle and bustle of city life either. You want to live somewhere where you could have a strong sense of community AND enjoy modern art installations; somewhere where you're not too far from a peaceful walk along a lakeshore AND a still can enjoy a great time in mixology bars a stone’s throw away from your home.
That means that you would want to live in Steglitz, Berlin!
But there’s a catch: Germany is in the middle of an economic boom, and the influx of new economic activity into the capital city also means a massive influx of people looking for better economic opportunities. And that, in turn, means less and less available housing and higher and higher purchase and rental prices in the long run. What’s the response from the local real estate scene? Build, build, and build!
And Living Steglitz GmbH is planning to follow suit with their upcoming project.
Living Steglitz GmbH has been in the business of providing housing to Berliners. After a recent acquisition of a sizeable piece of land in Steglitz, they are now moving forward to develop it into a contemporary 8-flat apartment building.
Capitalizing on the soaring purchase prices and rents in Berlin, they expect quick occupancy and reasonably high rent prices, as well as near-quintuple lot resale prices (estimated to be no less than EUR 6,500 per square meter, totaling EUR 5’200’000 for the whole building) in the coming years and significant equity in the meantime. The property development efforts will be focused on building the apartment from the ground up and fitting it with all the amenities needed for comfortable living. The soon-to-rise building would be built adjacent to an existing building, which will then make space for additional rooftop apartments.
If you believe in investing in high-demand, high-income housing, investing in Living Steglitz’ apartment building construction is the right choice.
Steglitz sits in Southwest Berlin, a few kilometers from the bay of the beautiful Großer Wannsee and is the most residential out of all the boroughs in the region, and for a good reason. On top of being near the heart of Berlin – which means it’s one of the most strategic places to live in if you’re on a regular commute – it also has direct access to two major rail systems, the U-Bahn and the S-Bahn, which can take passengers as far as Kurfürstendamm and Mitte respectively in no time at all. That being said, it is home to many Berliners who work in the more commercial parts of the city as well.
Though residential, Steglitz is the city’s hidden secret, when it comes to things to see and do. The borough is, after all, possessed by a strong affinity for the arts. One of the most salient features of the area is the Bierpinsel, a pop-architectural wonder that towers over the district’s skyline. And if that isn’t enough proof of the local culture’s artistry, it is also home to the Free University of Berlin, acclaimed for its strong humanities programs and alma mater of at least five Nobel Laureates.
Steglitz also draws Berliners and foreigners alike to its famed Botanic Garden regularly. It is hailed as the largest collection of greenhouses which spans 43 hectares and contains 22,000 plant species – the largest in all of Germany. Built-in the 19th century, the Botanical Garden houses giant palm trees and fields of rare blossoms from all over the world. It's the favorite colorful spot of repose for many a Berliner burdened by the stress and the drab grey of city living.
That being said, Steglitz is one of the most versatile places in the city and is a sought-after location to live in. Rising property values in Steglitz mirror real estate trends across Berlin. In 2017, The Guardian reported that Berlin took the top spot as the city with the highest housing average prices across the board, which rocketed by 20.5% in that year. The rate seems to have slowed in recent years, but not significantly.
Experts have determined that the dramatic price increase might be due to the housing supply being stunted. As such, quality and accessible housing have never become more important in the public milieu. Granted that a third of the city’s tenants are workers from private companies paying rent from their wages, new apartment buildings in strategically located areas like Steglitz have never been more attractive.