Posts Tagged 'The Flat'

Renovierung, ristrutturazione, refurbishing!

Today there is an interesting article on Deutsche Welle, about an italo-german pair refurbishing flats in Prenzl’berg on a big scale. It’s all about mixing Prussia and italian style, affordable prices in Berlin and entrepreneurial flair. It’s also about a lot of money, and a lot of property.

On a much smaller scale over the next weeks Mein Mann and I will start working on the refurbishment of The Flat. We now have The Project, we need to understand exactly the operational details, order the materials in Berlin (shop locally!) and off we go.

We did our share of number crunching, magazine-reading, scenario-building now we’ve got to start. Also because…the Wohngeld is running! So, we’re reassured of the fact that:

– YES, it was a good idea to buy a flat in Berlin, the price was right and the value was great;

– YES, with the present market turmoil it is even a better idea to invest a bit of extra money in refurbishing The Flat and bringing it to extert its full potential, in the beautiful Kiez;

– YES, in these uncertain times, with such negative newsflow, it is nice to be working on a HARDWARE project, in parallel with those daily worries (inflation, bad news, economic meltdown und so weiter).

One year ago we were emotionally in the no-man’s-land in between our August enthousiastic scouting trip to Berlin (cum-badly-failed-attempt to buy a flat), and the November trip to the Hauptstadt, when Mein Mann found the hidden gem, The Flat.

So we were floating in that lukewarmish atmosphere. We had invested all our holidays on the project. We were disappointed by the first unsuccessful attempt. But we were determined to get over it and be proud owners of our flat by Christmas. We signed our contract on December 20th!

Sometimes in between signing the contact and paying the price/getting the ownership of the flat a few MONTHS can elapse, rather than a few weeks, and that was indeed the case for us. A bit frustrating but worth waiting. After getting the possession of the keys and of The Flat, we’ve been paying taxes to the Finanzamt, opened a bank account, set up utility accounts, have the project prepared and now we’ve just to sign an insurance contract, then the refurbishing can start.

Needless to say we’ve seen many many other flats in the meantime. That is always a lateral and nosy way of visiting the town, plus it’s a very useful exercise. Each time we were reassured on the price-quality relationship of what we had bought. That is a nice feeling indeed. Especially when you’re still facing costs and no revenues yet are flowing in your hands.

We think we “prüften die Angebote sehr genau und pickten uns aus den vielen Objekten am Markt die Rosinen heraus“, we had done our homework, carefully analyzed the market, and cherry-picked successfully.

If you are interested in buying a flat in Berlin, go and see as many flats and as many Kiez as you can. This is the best way to find really what you are looking for. Exercise your personal Guts Feeling, endure a few disappointments, get a feel for the Sense of Place and stick with your list of criteria. Be they sultanas or cherries, you will find the ones you are looking for.

That said, we’re no real estate magnates like the Stoffel or fashion heirs like the Stefanel, but we have an idea or two about refurbishing without destroying. Leveraging hidden beauty without arm-twisting the sense of place.

We want to make the prussian linear beauty of the The Flat blossom, it’s concealed behind a few post-war thin postiche walls, hideous wallpapers and plastic flooring but you can feel it’s definitely there. Yet The Flat must also feel contemporary, and user-friendly too. And the costs must remain down to earth.

Coherence is our guiding muse: with the Altbau, the Kiez, the history of the Bayerisches Viertel, our own taste…and our budget.


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