Mixed-use building, Mitte, Berlin, Germany

Additional information is provided after the signing of an NDA

Mixed-use building, Mitte, Berlin, Germany

10,000,000 €
5,065 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    1,974 m²
  • Yield
    3.0 %
  • Rental rate (m²/month)
    12 €
  • Built in 
    2000
Details
Property parameters
  • Land area: 408 m²
  • Total premises: 17
Financial performance
  • Annual income: 300,900 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 6.0 %
  • Broker: 5.0 %

Mixed-use building.

Description

The property includes:

  • 7 apartments
  • 5 offices
  • 3 retail premises
  • 3 storage premises

There is a possibility of converting of 5 office premises into 15 apartments.

Financial performance

Absolute annual income: 300,900 €.

Current yield: 3%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 5% + 19% VAT (in total 5.95%).

Location and nearby infrastructure

The property is located in the very heart of the city, in an area with harmoniously developed infrastructure, close to a bus stop, shops, bars and restaurants, an one-minute walk from S-bahn and U-bahn stations.

Berlin is the capital of Germany with the population more than 3.9 million people. Within the eurozone, Berlin is one of the cities with the highest business activity.

Mitte — the central district of Berlin, dynamically developing. In addition to residential buildings, there are headquarters of many international and national companies, as well as the Bundestag and Bundesrat, embassies and the federal government. In addition, the Mitte district is the cultural center of Berlin: within walking distance are Alexanderplatz and Postdamer Platz squares, the Hack courtyards, and the famous Unter den Linden street.

The quarter around Friedrichstraße (Friedrich straße) is known as the prestigious business center of the capital.

The cost per square meter, for example in an elite 6-storey building — from 4,900 to 7,000 euros.

The infrastructure of the district is maximally developed: cafes, shopping centers, educational and medical institutions, sports clubs, swimming pools, etc.

New residential complexes with a high level of comfort and service are in great demand.

Apartments of secondary housing stock are quite expensive — about 4,800 Euro/ m².

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

More properties

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

You can see more mixed-use buildings for sale in Mitte elsewhere on our website.

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

Similar listings

We select ads that may interest you.

Enquire about this mixed-use building
Anna Kurianovich
Anna Kurianovich
Investment consultant in Mitte
Send a request
    I confirm that I have read and accept to the Privacy Policy and Personal Data Processing Guidelines.
    • Bank financing from 1.5% annually
    • Property, plot and construction site survey
    • Management company services
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found