Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

2,300,000 €
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Total area: 938 m² Yield: 3.7% Built in 1897
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  • Operating Incomе: 85,385 €
  • Land area: 860 m²
  • Most recent total renovation: 2017
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

Apartment building with a trade premises on the ground floor.


The house includes 14 apartments and a retail unit of 115 m². 

The residential area is 823 m².

The building was built in 1897 and renovated in 2017.

Financial performance

Absolute annual income is 85,385 €.

The current yield of 3.7%. 

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

The brokerage fee is 7.14%.


The property is located in the Tegel area, in a walking distance from the bus stop and a metro station. Shops, a park and a sports hall are situated not far from the building.

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Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services