New apartment building with commercial spaces, Berlin, Germany

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New apartment building with commercial spaces, Berlin, Germany

9,860,000 €
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  • Built in 
    2020
Details
Property parameters
  • Leasable area: 1,518 m²
  • Total apartments: 32
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 4.0% + VAT

A complex of two buildings under construction, the construction is planned to be finished in May 2020.

Description

The apartment building includes 32 apartments:

  • 30 one-room and two-room apartments ranging from 25 to 50 m²
  • 2 penthouses of 80 m² each

Also the complex includes 2 commercial spaces of 36 m² and 24 m².

Equipment

  • floor heating
  • oak parquett
  • bathooms of latest standard
  • elevator

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

The brokerage fee is 4% + 19% VAT (in total 4.76%).

Location and nearby infrastructure

The property is located in the central part of East Berlin, in one of the most popular areas of the city.

The center of Berlin can be reached in 20 minutes.

Berlin is the capital of Germany with the population more than 3.9 million people.

Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.

2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.

Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.

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