Portfolio of аpartment buildings, Berlin, Germany

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Portfolio of аpartment buildings, Berlin, Germany

2,950,000 €
2,696 € /m²
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  • Total area
    1,094 m²
  • Yield
    3.4%
  • Built in 
    1900
Details
Property parameters
  • Land area: 1,239 m²
Financial performance
  • Annual income: 100,866 €
Tenants
  • Occupancy: 95 %
Property status
  • Most recent total renovation: 2005
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Three apartment buildings.

Description

The property includes 15 apartments with equipped kitchens and bathrooms with a total area of 1,094 m².

The buildings were built in 1900 and completely renovated in 2005.

There is a parking for 4 cars in the territory of the property.

Equipment

  • central gas heating system
  • terrace and attic

Financial performance

The absolute annual income is 100,866 €.

Current yield is 3.4%.

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 green Köpenick area in the south-east of the city.

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

There are a cafe, a restaurant, a supermarket nearby.

A well-developed transport network connects the property with other areas of the city.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a apartment building purchase with a construction loan

Investment vehicle
Apartment building
Construction loan
Yield per annum
3.4%
8—10%
Investment budget
2,950,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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