Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

3,850,000 €
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Total area: 1,680 m² Yield: 2.9% Built in 1905
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Features
  • Operating Incomе: 112,220 €
  • Land area: 834 m²
  • 5-floor building
  • Occupancy: 95%
  • Most recent total renovation: 1999
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Apartment building with commercial units on the ground floor.

Description

The property includes 19 apartments with a total area of 1,332 m² and 2 commercial premises with a total area of 348 m².

The building was built in 1905 and completely renovated in 1999.

Equipment

  • wood trim
  • attic
  • stucco molding

Financial performance

The absolute annual income is 112,220 €.

Current yield is 2.9%.

The projected annual income is 136,212 €.

The projected yield is 3.5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is %.

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

Location

The property is located in the Pankov district in one of the most popular places in Berlin.

There is a park in a walking distance from the property.

There are kindergartens, medical centers, schools, shops, restaurants and bars nearby.

Statistics in Berlin

Price per m², €
5,851
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
60
Index 60 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 5,851.17
Apartment in a bedroom community, m² 3,876.17
Transport Price, €
Public transport, 1 ride 2.8
Monthly travel card 81.0
Taxi, 1 km 2.0
Petrol, 1 l 1.44
Food Price, €
Water, 1.5 l 0.52
Milk, 1 l 0.78
White bread, 500 g 1.3
Eggs, a dozen 1.94
Chicken fillet, 1 kg 7.56
Education Price, €
Kindergarten, per month 192.67
International school, per year 7,790.42
Health care index
Staff competence 74.17
Medical equipment 82.8
Research accuracy and completeness 72.71
Attitude towards patients 62.82
Security index
Crime rate 40.98
The risk of being robbed 37.75
The risk of car theft 36.09
The risk of break-in and property damage 51.74

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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Anna Kurianovich
Anna Kurianovich
Senior Investment Consultant
+44 17 4822 0039
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