RESERVED - Property 1: approx. 68 m² park-like living on Lake Tegel

Extensive modernization work was carried out in 2000 and the residential complexes were converted into several owners' associations:

- Facade renovation with thermal insulation and a new coat of paint
- Redesign of stairwells and entrance areas
- Illuminated doorbell panel with door opener
- Intercom systems and video camera as well as new letterboxes
- Replacement of the supply and waste water pipes
- New installation of the main electrical cables and centralization of the meters
- New entrance doors (soundproof and burglar-proof)
- Renewal of all supply lines
- Installation of a new central water supply
- Installation of new plastic insulating glass windows

All apartments have a balcony or terrace facing south or west. The balconies of first floor apartments have mostly been replaced by terraces, each of which is adjoined by a small garden. The planted embankment creates a flowing transition to the park.

The press has repeatedly named Reinickendorf the most business-friendly of all Berlin districts.

What will it look like in 10 or 20 years?
There is a very good chance that an "Urban Tech Republic" industrial and research park will be created here within a predictable period of time, the mission statement of which is reflected in the name.
Planned for the former Tegel airport site in the north of Berlin - which is set to become one of the largest urban development projects since reunification.
The focus is on energy, transport, mobility and materials development.
In addition to the "Urban Tech Republic", the long-established Berlin company Siemens is developing another high-tech campus.

The investment sums are enormous. In addition to the repair and renewal of around 13 kilometers of freeway and tunnels, 39 new bridges and 16 tunnels and trough structures are being built. Estimated total cost of the project: 870 million euros.

Reinickendorf not only has enormous potential as a future location, but also offers many facets of urban living in the present.

Reinickendorf offers a high quality of life and living. Almost a quarter of its area consists of woodland, plus parks and water areas. The charm of the district lies above all in its generous, spacious development.
The residential areas are interspersed with numerous parks, lakes, green spaces, playgrounds and sports grounds. Swimming and water sports, jogging and cycling as well as long walks around Lake Tegel provide a high recreational value.

The housing estate was built in 1957-59 as part of social housing. The existing daycare centers and elementary school are particularly important for young families. You don't even have to cross the road on the way to school.

In the period from August 2021 to December 2022 alone, the value of existing apartments increased by 19.20%.

- Good residential location classifications
- 10-minute walk to Lake Tegel
- High leisure and recreational value
- Park-like, spacious development
- Well-maintained residential and green areas
- Modernized
- 75% owner-occupied 25% third-party rental
- Very good transport connections
- Family-friendly environment due to several nearby daycare centers, playgrounds, elementary school
- Many short-distance shopping facilities
- Very good economic development
- Tegel Airport is becoming the "Urban Tech Republic" industrial and research park
- New construction of Siemens High Tech Campus
- Dynamic business district with 8,700 commercial enterprises
- 20,000 new jobs in the coming years
- Public investment of around 870 million euros