Focus: Micro location Charlottenburg-Wilmersdorf in Berlin
Location, location, location – the value of a property is critically dependent on its location. In order for you to better assess the micro-location of our current project CASPAR THEYSS BERLIN, we have compiled the most important facts for you.
The Caspar-Theyß Street is located in the borough of Charlottenburg-Wilmersdorf. The public transport connectivity is very good. The S-Bahn stations “Halensee” or “Hohenzollerndamm” on ring road are only a short walk away, from which practically all parts of Berlin are within easy reach. The nearest bus stop is just a stone’s throw away – after only a few stops the line runs onto the centre of the Kurfürstendamm. The city motorway is also only a few minutes drive away. As the central shopping street of Berlin, the Kurfürstendamm is full of restaurants, cafes and shops such as the renowned KaDeWe.
No other inner city borough is as civil as Charlottenburg-Wilmersdorf. Household purchasing power and rents are consistently high and their fluctuations are mostly more subdued here than elsewhere. The growth in asking rents is therefore not as high as in other boroughs, but the average asking rent is at 10 euros putting it on 3rd place behind Mitte and Friedrichshain-Kreuzberg. Only in these three boroughs is the average in its double digits. In the postcode area 14193, in which the Caspar-Theyß Street is located, the average asking rental income is at 11.61 euros per square meter. That puts it at rank 9 of 190 evaluated postcode areas in Berlin.
The median sale price for condominiums in Charlottenburg-Wilmersdorf is € 3,393 per square meter. In the mid-market segment the span reaches from 2,092 euros to 5,420 euros.
The apartments in the CASPAR THEYSS BERLIN property will be sold at an average square meter price of about 3,800 euros. This is the average price for empty and rented apartments, which are sold to tenants and investors.
The financing of an properties such as CASPAR THEYSS BERLIN via platforms like iFunded are steadily gaining popularity, leading to a strong growth of the crowdfunding market.