Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

4,200,000 €
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Total area: 2,031 m² Yield: 4.0% Built in 1997
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Features
  • 5-floor building
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

A five-storey residential house with commercial units.

Description

A total area of the building is 2,031 m².

The house consists of 3 commercial units on the ground floor with a total area of 318 m² and 25 apartments on the upper floors with a total area of 1,713 m².

The building was built in 1997.

Financial performance

Absolute annual income is 169,456 €.

The current yield is 4%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

Brokerage fee is 7.14%.

Location and nearby objects

The apartment building is located in the western part of Berlin.

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Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services