Two-story apartment building in Berlin.
Description
The apartment building includes 8 duplex apartments located on the first floor and an extended attic with a total area of 941 m² and two commercial spaces on the ground floor with a total area of 684 m².
All apartments have access to the rear porch and are equipped with terraces and balconies.
There is an underground parking for 15 cars and an open parking for 13 cars.
The building also has a basement floor where the anchor tenant rents a warehouse of 79 m².
Energy performance certificate:
- energy source: natural gas
- energy consumption: 162.86 kWh/ m²a
- valid until 29.01.2024
The absolute annual income is 147,878 €.
The current yield is 3,5%.
The expected annual income is 160,662 €.
The expected yield is 3,9%.
The expected yield is achieved by renting out vacant parking lots.
The anchor tenant of one of the commercial spaces is a beverage retail chain with more than 300 branches throughout Germany.
The lease agreement is valid until 2028.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
The property is located on the outskirts of the Tempelhof area. There is a supermarket, various shops, cafes and restaurants, a market and a beauty salon nearby.
Just a few minutes walk from the hotel there are public transport stops, from here you can get to the city railway (S2).
The city center can be reached in about 25 minutes.
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. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.
2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.
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.
