Package of apartments, Berlin, Germany

Additional information is provided after the signing of an NDA

Package of apartments, Berlin, Germany

4,681,000 €
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Total area: 1,214 m² Yield: 2.2% Built in 1974
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Features
  • Operating Incomе: 104,091 €
  • Number of parking lots: 15
  • Most recent total renovation: 2009
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

15 apartments for rent in the central district of Berlin.

Description

The apartments are located in a residential complex consisting of four buildings built in 1974 and renovated in 2009.

The area of apartments is from 59 m² — 99 m².

The cost of apartments is from 225,000 € to 365,000 €.

The cost of each apartment includes a parking space.

Interior

Each apartment includes 2 or 3 rooms, a kitchen, and a bathroom.

Most apartments have a balcony.

Financial performance

The absolute annual income is 104,091 euros.

The current yield is 2.2%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

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

Location

The property is located in the Tiergarten area, in a few meters from the Kurfürstendamm and Tauenjing Straße. There are shops and restaurants, schools, kindergartens and polyclinics not far from the residential complex. KaDeWe department store, a zoo and public transport links can be reached in a few-minute walk.

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Enquire about this apartments package
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+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