THIS COULD
BE YOUR
HOME:BUWOG ALVA
Comfortable living between Berlin and Potsdam
Red clinker brick, the expansive blue sky above, and two lakes in the neighbourhood – this is what living is all about in BUWOG ALVA. The modern apartments are located in historic buildings that are only two storeys high and have a total of three levels due to an habitable top floor.
1.5 – 5 ROOMS
43–140 m2
FLOOR AREA
BALCONIES, TERRACES
BUWOG ALVA CONSTRUCTION PHASE
BUWOG ALVA is the first construction phase of BUWOG’s Lillestad development.
The Swedish name Alva means “fairy”. How fitting that BUWOG ALVA is making the silent wish of three listed existing buildings come true: to be renovated, modernised and filled with new life. The three beautiful clinker brick buildings once belonged to the Krampnitz Cavalry School. We are now devoting careful attention to refurbishing them for modern living requirements – at which point the choice will be yours. Would you prefer your new home to be located in a small side street of the development or on the lively promenade of Schwedische Allee?
PERFECT
FORPOWERING THROUGH,
PERFECT
FORUNWINDING
1.5- to 2-room apartments
Still have big plans for your working life? Or would you like to downsize while still living in comfort?
At BUWOG ALVA you’re sorted! Because each of the 1.5- to 2-room apartments has a predestined focus zone – ideal as a home office, but also perfect for creative hobbies.
There are plenty of other zones for active and passive regeneration: a balcony, garden or rooftop terrace, depending on the apartment.
APARTMENT SIZES
1.5-ROOMS (4X)
Approx. 43 m2 floor area
2-ROOMS (26X) 53–81 m2 floor areaBarrier-free: 8 apartments
PLENTY OF SPACE FOR
EVERYTHING
THAT MAKES YOUR HEART SOAR
3- to 3.5-room apartments
In our opinion, an apartment should be more than just a place to live. It should also provide you with all that you love. Your book collection. Your grandkids’ creative works. Your Bauhaus sculpture. Rocks from distant shores. Bouquets of fresh wildflowers. That’s why storage space is already planned into our apartments. Many of the 3- and 3.5-room apartments also have a utility room. This leaves the best places in your home free for the things you like to gaze upon again and again.
APARTMENT SIZES
3-ROOMS (45X) Approx. 73–96 m2 floor area Barrier-free: 16 apartments
3.5-ROOMS (4X) Approx. 95–100 m2 floor area Barrier-free: 2 apartments
SPACE
FOR THEWHOLE FAMILY
4- to 5-room apartments
Are you looking for a large apartment for family life?
In BUWOG ALVA you will find a home with children’s and parents’ bedrooms that are not too small and not too big. With an openplan living-dining-kitchen area where every family member has plenty of space to play, talk, cook, do crafts, do homework, dance, watch TV together in the evening, and so much more. Most of the apartments have extras such as a utility room, a guest bath, a balcony and a terrace. It’s more than just the sun making your heart light up!
APARTMENT SIZES
4-ROOMS (24X) Approx. 101–125 m2 floor areaBarrier-free: 9 apartments
5-ROOMS (3X) Approx. 119–139 m2 floor areaBarrier-free: 1 apartment
DETAILS
TO DELIGHTIN EVERY DAY
The light, airy sense of space is further enhanced by clear room heights of 2.60 to 3.10 metres (excluding sloping ceilings).
We also considered the play of light in your apartment when fitting it out. Due to the favourable orientation, external sun protection is generally included for windows, balcony and patio doors.
GENUINE WOOD FLOORS
UNDERFLOOR HEATING
BALCONIES, TERRACES
FINE STONEWARE
FROM VILLEROY & BOCH
Amenity features
Our comfort-bringing amenities
They look lovely, the BUWOG ALVA buildings with their smart red facades, don’t they? On the inside they should be just as appealing! That’s why we have hand-picked their fixtures and fittings. That means each piece is a highlight and they all come together to create a harmonious whole that suits a wide variety of living styles. The character you want to give your home.
What does that mean specifically? All of the apartments are fitted with genuine wood floors with underfloor heating. That’s because the combination of wood and warmth is simply unrivalled when it comes to a sense of comfort.
On the floors of the baths, guest baths and toilets as well as the utility rooms with washing machines, porcelain stoneware from Villeroy & Boch will provide a supple, elegant look and feel. The same applies to the walls of the baths and WCs. Premium parquet flooring will be laid in the utility rooms that have no washing machines.
The bathroom ceramics will also come from Villeroy & Boch. We are using similarly renowned manufacturers for the bath and other fixtures and fittings.
If you would like your own garden: Spacious sunbathing areas of up to
167 m2 are planned for several apartments.
PRESERVING
HISTORY
WHILE
PROFITING
Claim tax deductions for the refurbishment share
Purchasing a listed residential property is not only worthwhile because of the special charm of historic buildings. In Germany, the preser vation of architectural treasures is subsidised by tax deductions. These make it possible to effectively deduct the refurbishment costs for a residential property used by the owner or rented to a third party for tax purposes, thereby reducing taxable income.
This results in the following advantages:
Faster refinancing of the investment costs
Reduction of taxes in the initial years
Increase in liquidity
This noticeably enhances the attractiveness of listed properties.
When buying for your own use:
Refurbishment costs for an owner-occupied residential property can be claimed against tax at up to nine percent per annum over ten years in the case of listed buildings. After just ten years, 90 percent of the subsidised refurbishment costs are tax-deductible.
Calculation example Section 10f of the German Income Tax Act (EStG) – Refurbishment costs covered € 300,000
| Year | Tax benefit p. a. | Tax benefit (with a sample tax rate of 30%) |
|---|---|---|
| 01 | 9 %: €27,000 | €8,100 |
| 02 | 9 %: €27,000 | €8,100 |
| 03 | 9 %: €27,000 | €8,100 |
| 04 | 9 %: €27,000 | €8,100 |
| 05 | 9 %: €27,000 | €8,100 |
| 06 | 9 %: €27,000 | €8,100 |
| 07 | 9 %: €27,000 | €8,100 |
| 08 | 9 %: €27,000 | €8,100 |
| 09 | 9 %: €27,000 | €8,100 |
| 10 | 9 %: €27,000 | €8,100 |
| TOTAL | €270,000 | €81,000 |
For purchase as a capital investment:
When letting, the depreciation rates for listed residential properties are higher than for other properties: eligible refurbishment costs can be claimed against tax at up to nine percent per annum over eight years and up to seven percent per annum over the following four years. This means that 100 percent of the subsidised refurbishment costs are tax-deductible after just 12 years.
Calculation example for monument depreciation Section 7i of the German Income Tax Act (EStG) – subsidised refurbishment costs € 300,000
| Year | Tax benefit p. a. | Tax benefit (with a sample tax rate of 30%) |
|---|---|---|
| 01 | 9 %: €27,000 | €8,100 |
| 02 | 9 %: €27,000 | €8,100 |
| 03 | 9 %: €27,000 | €8,100 |
| 04 | 9 %: €27,000 | €8,100 |
| 05 | 9 %: €27,000 | €8,100 |
| 06 | 9 %: €27,000 | €8,100 |
| 07 | 9 %: €27,000 | €8,100 |
| 08 | 9 %: €27,000 | €8,100 |
| 09 | 9 %: €27,000 | €8,100 |
| 10 | 9 %: €27,000 | €8,100 |
| TOTAL | €300,000 | €90,000 |
Are you interested in the BUWOG ALVA CONSTRUCTION PHASE?
Arrange a no-obligation consultation using the contact form.
Our competent experts will be happy to advise you. We will be pleased to answer any questions.
