Apartment building, Berlin, Germany

Additional information is provided after the signing of an NDA

Apartment building, Berlin, Germany

3,850,000 €
Mortgage calculator
Send a request
Total area: 1,680 m² Yield: 2.9% Built in 1905
Send a request
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.

More properties

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

You can see more apartment buildings for sale in Berlin elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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