Pfau am Potsdamer Platz in Berlin

Name: Sales in Pfau am Potsdamer Platz started!
Start: 2021-08-05T14:57:35.226730+00:00
End: 2023-12-31T23:59:59+0000
Location: Pfau am Potsdamer Platz

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Project info

Object ID: 13382

Finished at	August 2021
Price, m²	From 9330$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	5
Apartments	19
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

531,810$

Net profit

7,229$

Payback period

56.0 years

Avg property value increase per year

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About the project

Ceiling heights of up to 3.65 metres, wonderful herringbone pattern, real wood parquet and overall a lovingly renovated Wilhelminian-style house. PFAU at Potsdamer Platz exudes true "Altbau" ('old building') charm while at the same time offering an elevator, underfloor heating, video intercom, air conditioning at loft level, fireplaces in the larger units and high-quality bathrooms to ensure a high level of comfort.

PFAU ('peacock') originally belonged to a unified villa-style development along the Bissingzeile. The area comprised thirteen residential buildings with stylistic elements quoting the old German Renaissance. Well-kept front gardens, lush stucco facades and elaborate portals underscored the architectural aesthetics of the time. Only two buildings from the original ensemble have survived.

With a lot of love for detail and taking into account the building's historical room concepts, lofty rooms combine with the current trend towards privacy to allow PFAU to meet the highest residential standards. Highlights include the light-flooded gallery apartments in the completely new loft level. All apartments have upscale bathrooms and each unit has a balcony, terrace or loggia that complements the living space harmoniously. Overall, PFAU will resurrect the most glamorous elements of the Wilhelminian era and implement the latest technology to form a jewel in the heart of the city.