Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

2,900,000 €
2,160 € /m²
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  • Total area
    1,342 m²
  • Yield
    3.0%
  • Built in 
    1902
Details
Property parameters
  • Land area: 1,708 m²
Financial performance
  • Annual income: 87,405 €
Tenants
  • Occupancy: 91%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Residential complex in a historical building.

Description

Total area of the property is 1,342 m².

The building consists of 15 apartments, 14 of them are rented. The apartment sizes span between 53 m² and 117 m².

The house was built in 1902. It is in a heritage-protected complex.

Financial performance

Absolute annual income is 87,405 €.

The current yield of 3.0%.

Financial performance on the condition that all premises are leased out:

Absolute annual income is 98,645 €.

The projected yield of 3.4%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0.

The broker's fee of 6%.

Location and nearby infrastructure

There are shops, supermarket, cafes, restaurants, bus and tram stop close to the house.

More properties

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

All ads in the country: apartment buildings for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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