Apartment building for renovation, Berlin, Germany

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Apartment building for renovation, Berlin, Germany

6,000,000 €
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Total area: 2,890 m² Yield: 0.5% Built in 1889
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Features
  • Operating Incomе: 30,000 €
  • Land area: 800 m²
  • Occupancy: 41%
  • Number of parking lots: 2
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

An apartment building for renovation in a prestigious borough of Berlin.

Description

The building consists of 51 apartments.

There are two parking spaces on the territory of the property.

The house was built in 1889.

1,190 м² are rented for the moment.

Financial performance

Absolute annual income is 30,000 €.

The current yield of 0.5%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 7.14%.

Location

The building is located in the borough of Tempelhof-Schöneberg of Berlin, bordered to the city center.

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Enquire about this apartment building
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Tempelhof-Schöneberg
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services