Spandauer Damm 52 | Berlin

Status:

Prestigious Altbau Building in Charlottenburg – An Investment with Significant Value-Enhancement Potential in the Heart of Berlin

At Spandauer Damm 52, in the heart of the prestigious Charlottenburg district, stands an impressive Altbau building dating back to 1900, combining classic architecture with a rare opportunity for value enhancement and development.

The building comprises 18 residential apartments and 2 commercial units and is fully occupied. In addition, the adjacent plot is subject to a building permit currently in the approval process for the construction of approximately 888 sqm, including 14 new residential units that will benefit from an exemption from the city’s rent regulation restrictions.

Project Scale

1 Building & New Build

Property Type

Residential & Commercial

Project Duration

2.5 years

Project Area

2,608 sqm

The property enjoys a prime location, just 150 meters walking distance from Schloss Charlottenburg, Berlin’s largest and most magnificent palace, surrounded by expansive green parkland and museums. Within a few minutes’ walk, one can also reach Westend Station, multiple bus lines, and Otto-Suhr-Allee, one of West Berlin’s main commercial arteries.

The surrounding area offers an exceptional quality of life:

  • Green parks and lakes such as Lietzensee, just a 5-minute drive away
  • Leading shopping and leisure destinations, including Wilmersdorfer Arcaden and Kurfürstendamm, within short distance
  • A rich urban lifestyle of restaurants, cafés, and cultural venues, all within a quiet, clean, and highly sought-after district

The project is conservatively financed, with a loan-to-value (LTV) ratio below 60%, reducing financial risk while increasing the potential for attractive returns.

Since 2009, we have specialized in holding and managing income-generating properties and assets with development potential throughout Germany. In addition to residential buildings, the Group’s activities have expanded to include land for development, commercial properties, and hotels.

Our professional and highly skilled team of more than 20 employees is based at our headquarters in the heart of Berlin. Every day, the team identifies and evaluates investment opportunities, manages acquisition transactions, enhances the value of projects, and oversees the ongoing management of our properties.

Our extensive experience, strong network of industry relationships, and ability to identify emerging trends and opportunities at an early stage enable us to create lasting value for our investors and approach every investment with a long-term perspective.

We believe that success in real estate investment is built on proven experience, sound decision-making, and an in-depth understanding of the market. These principles guide every investment opportunity we pursue and form the foundation of the long-term trust we have earned from our clients and business partners.

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