Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

6,400,000 €
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Total area: 2,156 m² Yield: 3.6% Built in 1905
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Features
  • Operating Incomе: 226,472 €
  • Land area: 969 m²
  • Occupancy: 100%
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 3.6%

Renovated historical residential house with commercial premises.

Description

The house includes 40 apartments and 3 commercial units. 

The residential area of a building is 1,948 m². 

The commercial area is 208 m². 

The building was built in 1905.

The house is in excellent condition. Over the past several years the following objects have been renovated:

  • replacement of the windows
  • replacement of the doors
  • replacement of the electrical wiring
  • replacement of the water supply system
  • partial renovation of the roof

Equipment of the building

  • central heating system
  • water heater
  • partial thermal insulation

Financial performance

Absolute annual income is 226,472 €.

The current yield of 3.6%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 3.57%.

Location

The house is located in the Neuköllne district, close to the town hall of Neukölln. Public transport stops, the metro station, and the Karl-Marx-Strasse are situated in a walking distance from the building. The shops, cafes, a pharmacy and a shopping center are located nearby.

Statistics in Berlin

Price per m², €
5,526
Healthcare efficiency level
70
Index 70 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
60
Index 60 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 5,525.81
Apartment in a bedroom community, m² 3,701.04
Transport Price, €
Public transport, 1 ride 2.8
Monthly travel card 81.0
Taxi, 1 km 2.0
Petrol, 1 l 1.42
Food Price, €
Water, 1.5 l 0.52
Milk, 1 l 0.82
White bread, 500 g 1.4
Eggs, a dozen 1.96
Chicken fillet, 1 kg 7.75
Education Price, €
Kindergarten, per month 200.44
International school, per year 7,627.92
Health care index
Staff competence 75.91
Medical equipment 82.75
Research accuracy and completeness 72.75
Attitude towards patients 65.37
Security index
Crime rate 39.98
The risk of being robbed 37.22
The risk of car theft 35.97
The risk of break-in and property damage 51.22

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
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