Two offices, Berlin, Germany

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Two offices, Berlin, Germany

496,000 €
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Total area: 108 m² Yield: 4.0% Built in 1890
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Features
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Two commercial units in the building.

Description

The first office consists of 2 rooms and has an area of 75 m².

The second office consists of 2 rooms and has an area of 33 m².

The building was built in 1890 and needs a little renovation.

The units are vacant and may be used as:

  • gastro concepts (but no restaurant)
  • gallery/exhibition
  • (co)working space
  • office
  • practice (medicine)
  • retail units

Financial performance

The projected yield of 4.0–5.5%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

The brokerage fee is 5.95%.

Location

The property is located it the Kreuzberg district. Public transport stops, parks, a supermarket and restaurants are situated not far from the building.

Statistics in Berlin

Price per m², €
5,327
Healthcare efficiency level
70
Crime rate
40
Real estate Price, €
Apartment in the city centre, m² 5,326.67
Apartment in a bedroom community, m² 3,635.69
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 0.59
Milk, 1 l 0.85
White bread, 500 g 1.34
Eggs, a dozen 1.99
Chicken fillet, 1 kg 7.9
Education Price, €
Kindergarten, per month 194.59
International school, per year 10,413.78
Health care index
Staff competence 75.92
Medical equipment 82.83
Research accuracy and completeness 72.75
Attitude towards patients 65.28
Security index
Crime rate 40.24
The risk of being robbed 37.46
The risk of car theft 36.29
The risk of break-in and property damage 51.49

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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Enquire about this office
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 17 4822 0039
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