Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

1,400,000 €
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Total area: 397 m² Yield: 2.8% Built in 1996
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Features
  • Operating Incomе: 38,542 €
  • Land area: 678 m²
  • Occupancy: 100%
  • Number of parking lots: 5
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Apartment building in Berlin.

Description

The building consists of 5 apartments. The apartment sizes range between 60 m² and 115 m². 

All premises are rented. 

There is a parking for 5 cars in the territory of the building.

The building was built in 1996 and now it is in good condition.

Energy Performance Certificate

  • energy performance certificate type: consumption
  • main energy sources: gas 
  • consumption value: 158,30 kWh/m²a
  • valid until 05.10.2018

Financial performance

Absolute annual income is 38,542 €.

The current yield of 2.8%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 6% + 19% VAT (in total 7.14%).

Location and nearby objects

The property is located in the Zehlendorf district, to the south-west from the center of Berlin. There are metro stations, public transport stops, parks and shops not far from the building. The city center can be reached in a 30-minute drive.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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