(1888PressRelease)
September 06, 2008 - Hot Properties Worldwide, a leader in the sale of overseas off-plan real estate, has included CHORIN YARDS in Berlin.
The sprawling 100-residence Chorin Yards development fills in the gaps in Berlin’s 19th-century urban streetscape with a modern, yet sympathetic, architecture designed around a landscaped courtyard.
With Berlin a city of renters - only 14% own their homes compared to 43% overall in Germany and 70% in the UK - Chorin Yards offers a great opportunity to cash in on a strong rental market.
“Real estate prices in Berlin are currently even below those of Prague, Budapest and Warsaw! Chorin Yards may be the best opportunity to invest in a high quality project in Germany, where the property market is considered to be the world’s most undervalued” says John Hagelin, Hot Properties Worldwide.
Cutting-edge smart technology
Finance available
Investors have an impressive choice of luxury residences to choose from - living space sizes vary from 1-bed apartments at 40 square metres to 3-bedroom penthouses at 170 square metres to 5-bedroom townhouses at 239 square metres. Furniture packages are available.
Almost all residences have a balcony or terrace onto the courtyard. The penthouses have their own rooftop deck space, while the townhouses boast private rooftop terraces. The residences feature large windows - some have walls of glass - that bring plenty of natural light into open living areas boasting sleek kitchens and bathrooms with quality fittings.
All residences boast state-of-the-art technology and are equipped to allow control of appliances remotely - even when you’re on the road! - so you can save energy and money. Apartments on the 5th and 6th floors are equipped with a 10-inch LCD touch panel that allows you to control the lights, heating and outside blinds (for sun protection/cooling) with the touch of a finger. All residences are also wired for sound.
Hip boutiques, restaurants, galleries abound
New airport to bring more tourists
The residences of Chorin Yards are located within walking distance of the Hackescher Markt - the cultural centre famous for its nightlife - and the boutiques, restaurants and clubs of the hip Prenzlauer Berg district. Because the development is in the city centre, parking is underground, where you’ll also find private storage lockers.
Berlin is blessed with excellent public transportation, including a new main rail station - the largest and most modern railway junction in Europe - 3 international airports and the massive new Berlin Brandenburg airport set to open in 2011. Local transportation is right outside the door at Chorin Yards.
The largest city in Germany, Berlin is the seat of the federal government and home to many multinational companies. It is also a growing tourist destination - currently the third largest in Europe.
Only 100 residences
Freehold ownership
Market-watchers have pegged Berlin as a city with tremendous growth potential, with home ownership trends already on the upswing, fuelled by discount prices. In fact, property prices in the German capital are 30-40% lower than those in other larger (West) German cities. At the same time, rental yields are among the highest in Europe.
For investors, that spells opportunity. And Chorin Yards may be the best buy in Berlin, where the population is growing faster than the pace of new construction, and where net immigration is predicted to be the highest of any European city over the next 20-30 years.
Prices start at Euro112,740 (approx. GBP91,814 / US$163,126).
About Hot Properties Worldwide
Hot Properties Worldwide, a leader in the sale of overseas off-plan real estate through its one-stop website www.hotpropertiesworldwide.com, enjoys a solid reputation around the world as a cutting-edge boutique real estate company. A division of W International, a fully integrated property and lifestyle group founded in London in 1999, Hot Properties is an owner-managed business that leverages decades of research and experience to find the world’s most attractive investment, vacation-home and retirement buying opportunities — often before they are widely known.
International clients from Europe to North America and from Asia to the Middle East have found in Hot Properties Worldwide the professional, personalised service — with emphasis on integrity and discretion — that only a boutique company can deliver.
Media Contact
John Hagelin
T: +44 (0)20 7095 8701
E: info ( @ ) hotpropertiesworldwide dot com
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