Apartments for sale in Berlin-Mitte
Attractive new-build project in the centre of Berlin
At Pankstrasse 89, 89A, 90 and 91 in Berlin Wedding, BPD (Bouwfonds Immobilienentwicklung) is realising an apartment building with a solar power system and a total of 91 condominiums and a commercial unit. More than half of the apartments are already sold!
Do you like a central, diverse and colourful atmosphere? Then the 'Backyard' is the right place for you! The attractively designed new building near the Reinickendorfer Str. underground station and Wedding ring railway station combines the advantages of an excellent location in Berlin-Mitte with first-class infrastructure links and a wide range of residential options.
All flats have a terrace or balcony and can be easily reached by lift. Around half of the flats are also accessible. From compact 1-bedroom flats to spacious 4-bedroom flats, we offer the right condominium for every living situation!
Condominiums from 185,000 €
More than 50% sold
Diverse mix of flats
Lift, underfloor heating and balcony
Attractively landscaped inner courtyard
Solar power system
Degressive depreciation possible
Also ideal as a capital investment
No commission
Please note: We only offer apartments for sale. BPD does not rent apartments in the new building project.
OVERVIEW
- Central location near the Wedding underground and surburban railway station
- Both compact and generously proportioned floor plan types
- Lift to all floors
- Partially accessible
- Green inner courtyard
- Ideal as a capital investment
- No commission
Note: BPD does not offer rental apartments in the project "Backyard"
FACTS & FIGURES
- Plot area approx. 2,089 square metres
- Living space approx. 4,523 sqm
- Number of residential units: 91
- Sales launch: August 2022
- Start of construction: Mid 2023
- Completion: Expected unitil the end of 2025
- Property type: Condominiums
How to get here
Pankstraße 89, 89A, 90 und 91, 13357 Berlin.
Backyard-Schönes.Neues.Wedding
Neighbourhood
The new-build project is located in a popular residential area in the Berlin-Mitte district. Wedding borders Charlottenburg to the west, Reinickendorf to the north and Pankow to the east. Known as a working-class district in the days of industrialisation, Wedding has undergone a major transformation in recent years. Its inner-city location, good accessibility, diverse building structures and waterfront location make Wedding an attractive place to live. Large companies, knowledge and research are based in Wednesbury. As well as Bayer Pharma AG, Wedding is home to the Campus Virchow-Klinikum of the Charité and the Beuth University of Applied Sciences.
Local transport
Centrally located in the capital, the neighbourhood offers excellent public transport connections. The Wedding underground and suburban railway station (U6/Ringbahn) is just 500 metres away. The Nauener Platz (U9), Reinickendorfer Straße (U6) underground stations and the Humboldthain suburban railway station are also within easy walking distance. The nearby Gesundbrunnen railway station provides connections to regional and long-distance trains. The excellent public transport connections are rounded off by the M27, 247 and 327 bus routes. The journey time to Berlin Central Station, 'Zoologischer Garten' station and 'Berlin Friedrichstraße' stations is just 15-20 minutes. There are also numerous bicycle parking spaces available in the house and in the courtyard.
Shopping, leisure, education
All the important places central to daily life are within easy reach in this trendy neighbourhood. There is a Netto supermarket nearby and there are other easily accessible shops (Penny, Lidl, Aldi) for stress-free shopping. Want to go out for a relaxed meal on a Sunday? No problem! In all neighbourhoods of Wedding, there is a generous selection of restaurants with culinary delights from all over the world that will definitely satisfy every taste bud. There are several kindergartens/daycare centres and schools in the immediate vicinity. Higher education institutions such as the Beuth University of Applied Sciences Berlin can also be reached quickly and easily. In recent years, Wedding has developed into one of Berlin's hippest centres. Young people in particular are drawn to the authentic and hip district, which boasts lively markets, iconic cinemas, beautiful cafés and traditional pubs. Bars with open stages, such as 'Panke Culture', make for an unforgettable evening. Also known as the artists' neighbourhood, Wedding is a centre for art and culture with numerous shows and exhibitions. However, if you prefer things a little quieter, you can get to know the relaxing side of the neighbourhood. Walking along the Panke, relaxing by Lake Plötzensee or watching the spectacular sunsets are all great ways to spend relaxing afternoons and weekends. Discover Berlin-Wedding for yourself!
Apartments to buy as an investment?
With our 6 regions and 14 office locations, we develop residential projects throughout Germany. We can therefore offer you a selection of investment properties from a large number of projects in various locations.
Here you will find an overview of our services throughout Germany.
Good reasons to choose BPD
We are one of the leading project and area developers for residential property in Germany and a Rabobank company. We develop, build and hand over the keys to your home or investment – with the financial strength to match. And here's what you can expect from us:
- Experience from over 30 successful years on the residential property market in Germany.
- A secure partner with a financially strong background.
- Our construction and completion guarantee.
- Everything from a single source - from purchase to handing over the keys.
- A personal contact person on site.
- High quality, because long-term values are our claim.
New depreciation: Utilise tax advantages for capital investments
Save taxes with a property that generates returns
The German Growth Opportunities Act, with its new depreciation rules, has come into force. That means: Anyone who buys a new-build property now and lets it out can, under certain conditions, write off up to 5% of the acquisition costs of the building each year (or of the respective residual value in subsequent years) and thus save tax. Take advantage of this opportunity, invest in your future and make financial provisions – with a capital investment in your desired location – for example with a flat in BACKYARD in Berlin-Mitte.
This is how declining balance depreciation (depreciation for wear and tear) works
In the first year of purchasing a property, you can deduct 5% of the acquisition costs of the building from your tax bill
In the following years, it is 5% of the respective residual value
The most important prerequisites for utilising the declining balance method of depreciation
Conclusion of a legally effective purchase agreement between 1 October 2023 and 30 September 2029 Letting of a new-build flat
Questions and answers about buying a property
Do you have a question regarding buying an apartment? Here you will find all the questions and answers about buying a condominimus!
Want to find out more?
Would you like to find out more about our new-build project in Berlin-Wedding and get a quick response? Find the exposé here or give us a call!
