Berlin Capital Investments Launches Loftland, Luxury Investment Properties in Berlin Tuesday 18 September 2007 PDF Print Berlin Capital Investments, the German property market experts, have announced the availability of a number of exclusive luxury converted loft units in Zehlendorf, Berlin. The development, called Loftland, is situated in Goerzallee, one of Berlin's most affluent locations in the City's green Southwest area of Zehlendorf. The attractive, refurbished building, built in 1938 is now listed and features spacious high quality loft and penthouse apartments in many different sizes, close to one of Berlin’s largest and finest recreational areas. The company will be showcasing the new apartments at The Property Investor Show, Excel Centre, 21-23 September, Stand number 9. This is a staged off-plan redevelopment of a historic listed building. A variety of apartments are available to investors. Most other apartments in the building have already been sold to German homeowners. All the apartments have been finished to the highest standards and include high ceilings, solid hardwood flooring, high quality tiles and Grohe mountings. All have flagstoned terraces or balconies. "Germany is one of the wealthiest European economies on a per capita basis, but this is not reflected in a developed property market. The rate of home ownership is only around 15%," said Fergal Creed, Director, Berlin Capital Investments. "However, this is changing. Strategic investments made over many years in re-establishing Berlin as a major city are now paying dividends. The economy is stabilising, consumer confidence is rising, and this together with a number of other factors, is having a positive effect on the German property market. We believe this is an excellent time to invest in the Berlin property market, and there is strong demand for both sales and rented accommodation, particularly at the luxury end of the market, and we are confident that there will be strong demand for these flats in one of the wealthiest districts of one of Europe's largest cities," he added. The Loftland building was originally built in 1938 as a radio factory and was used as the headquarters of the US military after WWII. The expressway guarantees a fast connection to the inner city in around 15 minutes and S-Bahn and U-Bahn train lines provide direct connections to the city. There are also a number of bus services in the vicinity. Local leisure facilities are excellent, including numerous attractive parks, golf, tennis and sailing facilities as well as museums and excellent shopping. Berlin's largest university is in the area as well as a leading medical school. The apartments range in price from 195,000 euros (71 square metres) for a one-bedroom apartment to 450,000 euros (162 square metres). Anticipated rents are over 10 Euros per square metre. 50% mortgages are available and no capital gains tax is payable in Germany on property held for more than ten years. As part of an exclusive investment package available from Berlin Capital Investments customers' legal fees, worth approximately 2,000 euros, are paid. In addition, for units reserved by the end of October free property management and maintenance costs are available for the first five years of ownership, worth approximately 4-5,000 euros. About Berlin Capital Investments Berlin Capital Investments is a UK-based team of German property investment experts who aims to make this exciting market accessible to UK and Ireland-based investors. The company provides a complete service for anyone wishing to invest in the German property market. Berlin Capital Investments is focused solely on the German market, and has a proven track record in matching properties to an investor's requirements. Investments available range from one-bedroom, inexpensive apartments to luxury loft living, entire apartment blocks and German property funds. The company helps investors looking for a secure, stable, long-term investment to find and manage the right vehicle for them as quickly and easily as possible. With an emphasis on a straightforward and transparent approach, Berlin Capital: - enables investors to understand the investment opportunities available - provides a range of fairly-priced investment properties - guides investors through transaction process. Berlin Capital’s services are underpinned by a solid foundation of research and analysis. Berlin Capital was founded in 2005 by Julian Power and Fergal Creed, both of whom have extensive experience in the UK and Irish residential property markets. Having undertaken a thorough survey of European residential property markets, their research showed that the German property market was in the early stages of a revival. Keenly aware that now is the right time to be in this market for maximum return, they have thrown themselves into it whole-heartedly, both giving up jobs and selling investment property in the UK and Ireland in order to invest in this growing market. Berlin Capital will not sell property that the directors would not be prepared to invest in themselves. The company's website is at www.berlin-capital.com Contact for Editors: Claire Moran Public Relations Consultant The Forge Public Relations Tel: 0208 994 7668 Customer contact:- Sales at Berlin Capital Investments: 44 (0) 20 7099 7277. 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