Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

7,200,000 €
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Total area: 2,318 m² Yield: 3.1%
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Features
  • Operating Incomе: 225,564 €
  • Occupancy: 100%
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

Apartment building with commercial premises on a ground floor near the center of Berlin.

Description

The residential area of a building is 1,880 m². 

The commercial area is 439 m². 

There is a permission for the construction of a mansard floor with 16 apartments with a total area of 440 m².

Financial performance

Absolute annual income is 225,564 €.

The current yield of 3.1%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 7.14%.

Location and nearby objects

The house is located in the Friedrichshain district. A public transport stops, a metro station, shops, restaurants and bars, a gym and a supermarket are situated in a walking distance from the building.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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