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Spandauer Damm 52

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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.

SpandauerDamm 52 Umgebung-high
SpandauerDamm52 Gebäude-high-Bearbeitet
SpandauerDamm 52 Gebäude-high

Project Scale

1 Building & New Build

Property Type

Residential & Commercial

Project Duration

2.5 years

Project Area

2,608sqm

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.

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