Apartment building in good condition.
Description
The apartment building includes 16 apartments with a total area of 1,134 m² and office spaces of 120 m².
The absolute annual income is 88,605 €.
The current yield is 3%.
The expected annual income is 116,439 €.
The expected yield is 3.9%.
One apartment and office spaces are vacant.
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 a densely populated and developing area of Spandau, close to the Havel river embankment and metro station.
Spandau is conveniently located relative to the center, the western central part can be reached in 15 minutes by train and metro. Despite the fact that this area is actively built up, the surrounding nature is preserved.
There is a German waterway — Havel, a navigable river with beautiful views and great places to relax. Since Spandau is a very old part of Berlin, there are many attractions, historical places and places for recreation and sports. Forests, parks, squares, bike paths, sports complexes, shops, malls, schools, kindergartens — all the infrastructure that has developed here many years.
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.
