Portfolio of apartment buildings, Berlin, Germany

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Portfolio of apartment buildings, Berlin, Germany

4,950,000 €
2,432 € /m²
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  • Total area
    2,035 m²
  • Yield
    3.4%
Details
Property parameters
  • Land area: 2,420 m²
  • Total apartments: 21
  • Number of parking lots: 8
Financial performance
  • Annual income: 169,529 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

3 apartment buildings and apartment building with a commercial space in a quiet area of the city.

Description

The property includes:

  • 21 apartments
  • A commercial space
  • A cellar
  • 8 parking spaces

Gas central heating system.

Energy performance certificate has already been applied for by the owner.

Financial performance

Absolute annual income: € 169,529

Current yield: 3,4%

Transaction costs

Notary (state registration) 1,5–2%.

Property tax 6%.

Brokerage fee 6% + 19% VAT (in total 7.14%).

Location and nearby infrastructure

The houses are located in a quiet area of Berlin.

Berlin is the largest city in Germany. It is a world cultural center, a major European transport hub and one of the most visited cities on the continent.

Schools, research institutes and museums in Berlin are world famous.

Berlin is a major economic center of the European Union. The radio-electronic industry, mechanical engineering, transport construction are well developed. The city is an important trade center, the venue for international trade fairs and exhibitions.

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If this ad doesn't suit you, have a look at the other apartment buildings for sale in Berlin.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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