All 11 photo

Package of student apartments in Berlin, Germany

505,000 €
Mortgage calculator
Send a request
Total area: 75 m² Yield: 3.8% Completion in 2019.I
Send a request
Features
  • Operating Incomе: 18,982 €
  • Land area: 4,112 m²
  • Occupancy: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.95%

Three apartments for rent in to students a new residential complex in Berlin-Mitte.

Description

The residential complex includes three buildings.

Apartments are rented in a medium-term lease for 6–12 months.

The construction was begun in spring 2017 and will be completed at the end of 2018. At the moment the project is almost completed.

The residential complex consists of 334 apartments ranging from 19 m² to 30 m².

The cost of apartments ranges from 147,000 € to 237,000 €.

Energy standard: EnEV 2016

Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.

Financial performance

The projected annual income after deducting costs for the management company is 18,982 €.

The projected yield of 3.8%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

The brokerage fee is 5,95%.

The cost of ownership

The cost of the management company is 1,778 € per year.

Location

The residential complex is located in the city center, in a 4-minute walk from the U-Bahn station. A supermarket, a pharmacy and many attractions of the city are located not far from the property.

There is the largest university clinic in Europe, Charité, as well as the Campus Charité Mitte nearby.

Distance to important sites:

  • Humboldt University of Berlin — 3.5 km (5 U-Bahn stations)
  • Charite Community Complex — 2.6 km (3 U-Bahn stations)
  • Museum Island — 3 km
  • Hackescher Markt — 3 km
  • Alexanderplatz — 4 km
  • Humboldt-Hahn National Park — 500 m
  • Central railway station — 2.5 km

According to statistics, Berlin enjoyed one of the highest rent increases. In the first half of 2016, there was an increase of 7%. In addition, the influx of students in Berlin is constantly growing. As a result, there is a shortage of student apartments. Of about 200,000 students, only about 7% find a place in such a facility.

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

More properties

If this property wasn’t for you, take a look at other apartment units for sale in Germany.

You can see more apartment units for sale in Mitte elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartments package
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services
    Call us
    Send a request
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found