Apartment building with two commercial spaces in Berlin.
The apartment building with two entrances and roof terraces includes 29 apartments.
- fretted ceiling
- hardwood floor
- built-in kitchens
- tiles in bathrooms
The absolute annual income is 336,000 €.
Current yield is 4%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
The property is located in the Friedenau area in the Tempelhof-Schöneberg district, in close proximity to the Friedrich-Wilhelm-Platz square, the Walter-Schreiber-Platz metro stations and the exit to the Schildhornstraße highway.
The popular Schloßstraße street with many shops is located nearby.
The center of Berlin can be reached in 18 minutes.
Tempelhof-Schöneberg is the 7th administrative borough of Berlin. The population of the area is more than 330,000 people.
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. Several large corporations, such as Siemens, Volkswagen, Pfizer, and SAP, have headquarters in Berlin. In 2017 Berlin's GDP grew in real terms by 3.1% compared to the previous year and for the 3rd time in a row, it was more than 3%. In the national comparison, Berlin took the 2nd place and significantly exceeded the average growth of 2.2% in Germany. In 2017 the salaries of the middle-level employees in Berlin averaged more than 3,260 euros per month. The average gross monthly income increased by 2.7% compared to the previous year.
Unemployment rate — 9.0% (2017)
Consumer price index — 111.4 (2017)
GDP — 136 billion euros (2017)
About 80% of companies in Berlin work in the services sector.
2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.