Description
The 4-storey building of about 1,550 m² consists of about 25 apartments with areas from 37 m² to 85 m².
Some flats have balconies and equipped kitchens.
Equipment: central gas heating and hot water supply, PVC windows, parquet flooring
The plot area is about 900 m².
There is a courtyard.
The current annual income is 131,326 €.
The expected annual income is 142,390 €.
The current yield is 3.20%.
The expected yield is 3.47%.
About 95% of the property are let (2 flats are vacant).
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the area Oberschöneweide in Treptow-Köpenik, near the park and the river.
Berlin is the capital of Germany with the population more than 3.9 million people.
Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.
Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.
Berlin-Brandenburg Airport serves over 20 million passengers annually.