Palais Lumineux® - Potsdam City Center
Reference project
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| Reference project
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"Build me for my fine palaces for my well-off citizens ..." ordered Frederick the Great, King of Prussia, his Chief architect Christian Georg Unger. He built the Brandenburg Gate in Potsdam. He built the towers on the Germans and the French Cathedral in Berlin. The Belvédère in the Park Sanssouci as well as many so called “citizens palaces” such as the “Palais Lumineux ®" still show his handwriting until today.
Surrounding area
| Location
| Surrounding area
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The "Palais Lumineux ®" offers the possibility to fulfil the desire for elegant living and working inside the heart of the baoque city of Potsdam. The representative listed Palais, which was built in 1782 under the second city expansion, is located in the immediate vicinity of the pedestrian zone of Potsdam, the “Brandenburger-road”.
Floor plan examples
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After the redevelopment of this in this listed jewel it will house a total of two commercial units between approximately 31.52 sqm and approximately 40.83 sqm and eight two-, three-and four-bedroom apartments as well as one single room apartment wit living spaces of about 31.89 to about 101.05 sqm. The superior quality of the apartments will be ensured through the use of high-quality materials such as the warm-held tiles in the bathroom and kitchen underlining the Mediterranean character of the house. There will also be a focus on a particularly environment friendly design.
Purchase price per apartment from 94,076 Euros The redevelopment cost share is about 68%. Redevelopment to be concluded in 2008. |
(All given prices are excluding transaction costs)
The square metre price including all modernization and redevelopment costs lies around 2,950 Euros.
The rental revenue amounts to approximately 8.00 Euros per square metre per month.
The developer established himself in 1971 on the real estate sector. During this period, a total investment volume of about 1.7 billion Euros was conducted. The quality of past renovations is excellent and very convincing.
References
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