Traffic-calmed living in direct proximity to the new Berlin recreation area

• Building, location and surroundings:
• Warthestrasse 58, 2,072 sqm residential/commercial, 913 sqm lot.
• 1904 built, renovation needed founder style house with lots of stucco, high ceilings and floor boards
• 37 residential units and 1 commercial unit
• Very conveniently located and yet quietly situated
• Good infrastructure with extensive school, training and educational facilities as well as a variety of recreational and sports facilities
• The future largest inner-city recreation area in Europe, the former Tempelhof Airport,
  is located in the immediate vicinity

Project History:
In summer 2010, TARSAP was able to acquire the promising property in Warthestrasse.
After elaboration of the concept for the ins. 38 units, the property could be offered to interested customers for between 600 Euro and 850 Euro per square meter already in early autumn 2010. All units were sold within a very short time without commission to nice owners, most of whom will use their apartments themselves.
The renovation plan drawn up by TARSAP for the comprehensive renovation of the common property is already included in the purchase prices of the "TARSAP Plus" and "TARSAP Top" offer packages.

The works according to the renovation plan as well as in the individual units have been in full swing since the end of 2010!

Founder style residential house and lofts from 1910 in direct proximity to the recreation area Berlin-Tempelhof

• Lichtender Strasse 32, front house, side wing and rear house on 867 sqm total area.
• 1910 built, renovation needed founder style house with high ceilings and floor boards
• 25 residential units, including 5 lofts with freight elevator in the rear building
• Traffic-calmed and nevertheless very conveniently situated, suburban train, subway, bus and freeway are bus and motorway are in the direct vicinity
  Good infrastructure with extensive school, training and educational facilities as well as a variety of leisure and of leisure and sports facilities
• Weekly market and various shopping facilities are easily and quickly accessible by foot
• Only one block away from the former Tempelhof airport grounds, barbecue areas, beer garden,
  sunbathing and sports areas as well as 2 dog walking areas are well accepted by the residents

Project History:The property at 32 Lichtender Strasse, which is in need of renovation, was acquired by TARSAP in the spring of 2009. By the beginning of 2011, all residential units except for 2 lofts had been sold, so that the owners' association now consists of 20 nice owner-occupants. Everyone is working flat out to implement the comprehensive renovation plan for the common property, while also integrating owners' individual plans for their condominiums. In addition, the owners' association is currently examining the possibilities for an energy-efficient full thermal refurbishment.

Both currently vacant lofts can be found under our offers. The renovation plan developed by TARSAP for the renovation of the common property is already included in the purchase prices of the offer packages "TARSAP Plus" and "TARSAP Top".

• Herrfurthstr. 23/corner Lichtenrader Strasse 23
• 1908 built residential building with front houses, side wings and rear houses as well as two separate entrances
• A total of 43 residential units, including 4 attic blanks for conversion with free design options
  and terraces
• Quiet location between Schillerpromenade with historic church, café with restaurant and the historic Tempelhof airport site
• Very good connection to various shopping facilities, public transport network and freeway
• Good infrastructure with extensive school, training and educational opportunities as well as a variety of recreational and sports facilities

Project History:
In 2007, TARSAP succeeded in acquiring 18 of a total of 43 residential units as well as the attic of the two adjoining apartment buildings from bank stocks. Within less than a year, TARSAP developed its first redevelopment plan for common ownership, divided the attic into four units, planned their possible extensions, and obtained the relevant building permits including terraces. Most of the units were acquired in a short time by private investors, most of whom rented them out after their renovation.

Opportunity: residential and commercial building in need of renovation in the north of Köpenick

This property was indeed a bargain for short-time buyers. There was the possibility to develop an own concept for this interesting Gründerzeit house, which could be planned as a hotel as well as a residential and commercial building.
Renovation work, such as noise protection windows to the street side and partial replacement of the supply lines have already been carried out.

• Michael-Brückner-Strasse 8; 12439 Treptow-Köpenick,district Niederschönhausen
• 565 sqm living space, 898 sqm total area
• 1906 solidly built, 4-storey Gründerzeit house, fully developed
• Condition in need of renovation
• 14 residential and commercial units
• Apartments currently 29 to 85 sqm, can be put together
• Balconies in southwest orientation, small garden, full basement
• Nearby shopping facilities, many gastronomic facilities, very favorable connection to the
  public transportation and the new international Berlin- Brandenburg-International

Project history:
The promising residential and commercial building was acquired by TARSAP in October 2011 and sold within a very short period of time, commission-free, to a savvy investor.