Living in a popular location

PANDION 4LIVING lies in a strategically good location in the Berlin district of Prenzlauer Berg. On its doorstep you will find a quiet neighbourhood, a wide range of shops and the nearby Friedrichshain public park. What’s more, the continued positive development of the district is foreseeable, along with rising rents and purchase prices. Which all means that this is a good time to buy.

Living space wanted

Berlin is booming, and a strong growth in the economy and population are also expected for the future. In 2019, economic growth in Berlin was at 3%, putting it top of the board in Germany for the sixth year running* The population will grow from approx. 3.7 million today to around 3.9 million by 2030 as result of people moving to Berlin.** This will lead to a higher demand for living space.

* Berlin Senate Department for Economics, Energy and Public Enterprises
** Berlin Senate Department for Urban Development and Housing

Top quality - but without extortionate prices

A dedicated project developer, striking architecture, good ideas and a rational construction. All of these together result in a fair purchase price for an attractive freehold apartment. PANDION 4LIVING has small to medium-sized apartments on offer. The starting price is therefore automatically lower.

Excellent opportunity for financing

The interest rate on real-estate loans is at an all-time low. Good news for capital investors who want to finance their investment to a large extent or – as is possible with PANDION 4LIVING – completely.

Exemplary calculation for your investment

Buy a freehold apartment as a capital investment

Exemplary calculation | 1 room | 38.23 m²
Purchase price for the apartment 259.900,00 €
Notary and court fees (approx. 1.5%) 3.898,50 €
Land transfer tax (6.5%) 15.594,00 €
Construction phase loan (1%)* not applicable
Total costs 279.392,50 €
Financing
Own funds 10% 27.939,25 €
Mortgage loan 251.453,25 €
Income/expenditure
Annual rent (38.23 m² á € 18.70 m²/month x 12) 8.578,81 €
Annual interest (1.00% of € 251,453.25) 2.514,53 €
Administrative costs p.a. (€ 31.00/month x 12) 372,00 €
Reserve for renewals and replacements p.a. (€ 0.30/month x 12 x 38.23) 137,63 €
Debit balance for amortisation p.a. (corresponds to approx. 19.6 % return on equity) 5.554,65 €
Debit balance after amortisation p.a. (initially 2% of the bank loan) 525,59 €

* The costs of the construction phase loan depend on the terms of the loan agreement and the length of the construction period.
This is only an exemplary calculation. None of the income or terms of the loan are guaranteed. A tax consultant should be consulted to clarify the personal fiscal consequences. The aforementioned information does not constitute an investment advisory service. It serves only to prepare for a decision on an investment.

Berlin, 19.06.2020

The bespoke capital investment for you

PANDION offers the following advantages as a partner for capital investments:

  • High quality
  • Commission-free sale
  • Project development, construction and management from one source
  • High-quality fittings and construction materials
  • More than 18 years of experience in the development, construction and sale of high-class residential properties
  • We are your direct contact for everything to do with PANDION 4LIVING

You can profit from some important benefits with your own apartment:

  • Personal use: you only pay the maintenance costs once you have paid off your own home.
  • You don’t need any landlord’s permission for modifications, meaning you can live more freely and are more flexible when it comes to designing your own home.
  • Capital investment: buy a freehold apartment to let and invest in a valuable capital investment.

Now is the time to decide on the home of your dreams and buy a freehold apartment in PANDION 4LIVING in Prenzlauer Berg, Berlin!

Your capital investment in PANDION 4LIVING

Real estate is generally regarded a safe investment that retains its value.

  • It is protection against inflation and frequently offers tax benefits.
  • It is a sensible alternative to money in savings accounts, which are hardly worth the effort with the current low interest rates.
  • It offers greater security than shares or bonds, which react much more volatilely to fluctuations on the financial markets.

PANDION 4LIVING scores well when it comes to the decisive factors for purchasing real estate:

  • very good location
  • high demand in and around Berlin
  • an attractive purchase price

These are excellent overall conditions that offer a good opportunity for an investment in connection with the current favourable financing terms!

About PANDION

PANDION is an owner-managed real-estate company with its head office in Cologne We have been involved in developing, building and selling up-market residential, commercial and hotel properties since 2002. Apart from building projects at our home base, we also realise projects in Berlin, Bonn, Düsseldorf, Mainz, Munich and Stuttgart. With 4,900 apartments being planned and built as well as ten larger commercial units, we are one of the top ten property developers in Germany. Our sales volume totals 4.5 billion euros, 2.6 billion of which is in housing. PANDION employs a total of 180 people in Cologne, Munich, Berlin and Stuttgart.

PANDION VISTA

Cologne Rheinauhafen

ISARBELLE

Munich Obersendling

18 years of experience

Project volume of € 4,500 million

4 sites

180 employees

More than 4,000 apartments under construction

Partner for living spaces

PROJECTS

PANDION projects throughout Germany

PANDION 4LIVING

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