Ten furnished microapartments with guaranteed profitability in a newly built residential complex in Berlin-Mitte.
The complex consists of 266 apartments.
Apartment sizes range from 22 m² to 47 m².
The cost of apartments varies from 134,320 € to 296,980 €.
The construction will be completed in the autumn of 2020.
Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.
Net yield before tax is 3.5%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
The brokerage fee is 3.57%.