Berlin Real Estate Insider Blog » Uncategorized

Airports in Berlin

Alexander Korte — Tue, 03 Jan 2012 19:47:09 +0000

Berlin used to have 3 airports, but is now following another strategy. The idea is to bundle all in- and out-bound flights in one location. Therefore the little but super central Inner-City Airport Tempelhof was closed down in 2008. This year (2-3-June of 2012) the second airport which is still really close to the center is Berlin-Tegel will be closed down as well. The third airport is the old GDR airport location, which will be closed as well because the new airport is built just next to the old one (still in use).

Image via Wikipedia

From a transportation point of view its a pitty that they have closed the two airports. From a real estate point of view its at least interesting. After all two huge areas will be available for developments in the near future, both well located. As well as the opportunities at the new central airport Schoenfeld in the south-east of the city.

I am not a commercial developer (just residential) but I’d love to built a “Automotive Center” close to the gate(s). A real playground for all things car in the car lover and car manufactur land Germany.

Job Offer: Part-time, Berlin Senior Property Management Owner Representative

Alexander Korte — Sun, 15 May 2011 19:44:10 +0000

We hire / job offer:

Part-time, Berlin Senior Property Management Owner Representative

For one of our clients, a midsized fund invested in Berlin (mainly in residential and office buildings in the center) we are looking for an experienced individual, part-time, English speaking,

Senior Property Manager
as
Owner Representative

to supervise, coordinate and improve all property related activities and the efficiency of the property management- and letting-team.

Frequent visits of the property are required.

Please contact:
Alexander Korte
Alexander Korte Immobilien
Tel.: +49-30-27572080 or
send an email to:
property@berlininvestment.com

Value trough Google Streetview?

Alexander Korte — Fri, 19 Nov 2010 00:36:28 +0000

Will Google Streetview ad value to Real Estate? While checking all houses I sold or at least co-sold I found this property. I realised that this property might have a higher value than before Google Streetview came in place.

Everybody that might look up your adress in Streetview and find this amazing location
with view over the historic Berlin in front of a nice beautyfull bridge will certainly be impressed. And come’on this is a big part of owning things, isn’t it?
What do you think.
Will Google Streetview ad or decrease value of property?

Property Investing in Berlin, Germany – How-to / Basic Information

Alexander Korte — Tue, 26 Oct 2010 18:22:59 +0000

(2515 KB)
Listen on posterous

If you want a quick overview as a property buyer this audiofile is right for you.

This is an interview I gave to Marie Langhout of nuwireinvestor.com in 2007. Its still more than up-to-date today (2010).

I am an advisor and broker for individuals, as well as for institutional investors.

I have a strong opinion and will never just sell to you, but advise you even after you bought. However I think its not worth coming to Berlin if you have less than 75.000 Euro in equity. I even think that as a foreigner (with no German language knowledge) you should only invest in a block (multi-family house) or a house (single/double family home) NOT in a condo, because of several reasons (you find a detailed “why you should not buy a condo/flat here.“). The main reason is that if you own the place 100% (together with the bank) you can choose the property administrator and you are the boss, you decide, not a mixed community of self-users, crazy non investors, and only German speaking, self-interested unprofessional property managers. Enjoy my interview and don’t hesitate to post questions. You can reach me trough my office at office@berlininvestment.com

Make sure to send an email before you call, because recognizing spelled email adresses is very hard for Germans, because some letters sound equal but are not.

Find more answers and how-to article regarding Berlin Property Investing on my website:

www.BerlinInvestment.com

You find more news, updates and my opinion on my blog:

www.REberlin.com

Best Regards,

Alexander Korte

New York Times about Neukoelln

Alexander Korte — Thu, 14 Oct 2010 12:15:20 +0000

Hunting Tips
Charly Wilder of NYTimes covers some Nord-Neukoelln on this piece, nice that NY-Times gets what most German/Berlin developer seem not to get.

New Developments “im Kiez”
According to one of my contacts there will be a new dev/rehab in Weserstr. as well as in Reuterstr. hopefully something nice and not just a painting-the-walls rehab.

Neukölln Living
And of course watch out our new altbau rehab in Elbestr. 18, not yet open for sale but you can subscribe to our project newsletter here.

Property Investing in Berlin, Germany – How-to / Basic Information

Alexander Korte — Sat, 18 Sep 2010 08:56:04 +0000

(2515 KB)
Listen on posterous

If you want a quick overview as a property buyer this audiofile is right for you.

This is an interview I gave to Marie Langhout of nuwireinvestor.com in 2007. Its still more than up-to-date today (2010).

I am an advisor and broker for individuals, as well as for institutional investors.

I have a strong opinion and will never just sell to you, but advise you even after you bought. However I think its not worth coming to Berlin if you have less than 75.000 Euro in equity. I even think that as a foreigner (with no German language knowledge) you should only invest in a block (multi-family house) or a house (single/double family home) NOT in a condo, because of several reasons. The main reason is that if you own the place 100% (together with the bank) you can choose the property administrator and you are the boss, you decide, not a mixed community of self-users, crazy non investors, and only German speaking, self-interested unprofessional property managers. Enjoy my interview and don’t hesitate to post questions. You can reach me trough my office at office@berlininvestment.com

Make sure to send an email before you call, because recognizing spelled email adresses is very hard for Germans, because some letters sound equal but are not.

Find more answers and how-to article regarding Berlin Property Investing on my website:

www.BerlinInvestment.com

You find more news, updates and my opinion on my blog:

www.REberlin.com

Best Regards,

Alexander Korte

Friedrichshain Developers new Darling?

Alexander Korte — Wed, 04 Aug 2010 09:09:05 +0000

While Berlin Mitte and Prenzlauer Berg is the main hunting area for Berlin based hotel and residential developers, Friedrichshain seems to gain traction, due to high prices and short suplly in Mitte and Prenzlauer Berg. With prices outreaching 3500 Euro/sqm Berlin Mitte and Prenzlauer Berg is no longer suitable for “normal” families with 2 incomes and 2-3 (!) kids.

For example, condo project Gleimstr. 50 (Gleimkiez in Prenzlauer Berg) of developer natulis AG in a more northern part of Prenzlauer Berg sold for 2850 Euro/sqm back in 2008 and would cost today 3500 Euro and more today in the same location and quality. Yet unfinancable by people with a “normal” income.

Developers now turn heads towards Friedrichshain, especially in former redevelopement area “Samariterviertel” and Simon-Dach-Kiez, arround Boxhagener Platz lots of plots are still unbuildt (does not mean on sale). One part of Friedrichain is allready heavily developed, the Island Stralau half surrounded by the river spree.

Now Berlin/Leipzig based Agromex GmbH & Co. KG, developer of townhouse project Hafenquartier Mitte, revealed plans for a new condo project in Dolzigerstr. 19/20 and 21/22, according to Thomas Daily 45 flats are planned.

If you are planning a condo project in Friedrichshain our Berlin based Brokerage and Advisory Company BerlinInvestment.com can provide you with plots, ready to built with building permission.

Call or mail Alexander Korte today:

+49-177-8946272

ak@berlininvestment.com

Zehlendorf Wannsee new condo project of D&H

Alexander Korte — Tue, 18 May 2010 09:22:24 +0000

Berlin Zehlendorf: Diamona & Harnisch (D&H) just announced a new condo project in Zehlendorf Königstrasse 40 (Wannsee) . On 9.000 sqm land 37 units in 5 new villas and a prewar villa (rehab) with a total of 4800 sqm living space will be developed.
Project start: 2011
End of project 1: End of 2011
End of project 2: Mid 2012

This is another example for premium high end living condos and rehabs in the best areas of Berlin.

+49-177-8946272

Alexander Korte

Berlin Location Kreuzkoelln North Neukoelln featured by sugarhigh.de

Alexander Korte — Wed, 07 Apr 2010 09:47:05 +0000

New Berlin based online mag sugarhigh.de today features the lifestyle of the new berlin hotspot kreuzkoelln (north neukoelln).
read the artcile here: “meet the kreuzkoellner”

Don’t know were Kreuzkoelln is located? Get our real estate investment map on BerlinInvestment.com.

New York Times post about Brunnenstrasse Berlin Mitte

Alexander Korte — Mon, 08 Mar 2010 00:49:25 +0000

In Transit: Three Years Later, Revisiting a Berlin Art District
By KIMBERLY BRADLEY Published: March 1, 2010
Brunnenstrasse, a gallery strip in Berlin that emerged a few years ago, is still bubbling with activity. (read full article here)

Berlin Real Estate Insider Blog » Uncategorized

Airports in Berlin

Job Offer: Part-time, Berlin Senior Property Management Owner Representative

Value trough Google Streetview?

Property Investing in Berlin, Germany – How-to / Basic Information

New York Times about Neukoelln

Property Investing in Berlin, Germany – How-to / Basic Information

Friedrichshain Developers new Darling?

Call or mail Alexander Korte today: +49-177-8946272 ak@berlininvestment.com

Zehlendorf Wannsee new condo project of D&H

+49-177-8946272

Berlin Location Kreuzkoelln North Neukoelln featured by sugarhigh.de

New York Times post about Brunnenstrasse Berlin Mitte

Call or mail Alexander Korte today:

+49-177-8946272

ak@berlininvestment.com