Commercial center, Berlin, Germany

Additional information is provided after the signing of an NDA

Commercial center, Berlin, Germany

3,600,000 €
2,108 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    1,707 m²
  • Yield
    4.7%
  • Built in 
    1999
Details
Property parameters
  • Number of parking lots: 5
Financial performance
  • Annual income: 170,770 €
Tenants
  • Occupancy: 84 %
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

A building with residential and commercial premises.

Description

The property consists of 6 apartments, 2 retail spaces, 4 offices and an archive.

An office of 200 m² and an archive of 74 m² are vacant, the other premises are rented.

The living area is 512 m².

The commercial area is 1,195 m².

There is parking for 5 cars on the territory of the building.

The building was built in 1999.

Energy Performance Certificate

  • energy performance certificate type: Consumption
  • main energy sources: gas
  • consumption value: 157,20 kWh/m²a

Financial performance

Absolute annual income is 170,770 €.

The current yield of 4.7%.

Projected annual income is 187,560 €.

The projected yield of 5.2%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

The broker's fee of 6%.

Location and nearby infrastructure

The property is located in the eastern part of Berlin, in the Malsdorf district. A metro station is situated not far from the building.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a mixed-use building purchase with a construction loan

Investment vehicle
Mixed-use building
Construction loan
Yield per annum
4.7%
8—10%
Investment budget
3,600,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
Request the relevant projects

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Andrei Burak,
    investment specialist
    Send a request
    Location choice
    • more ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found