Apartment building with commercial units, Berlin, Germany

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Apartment building with commercial units, Berlin, Germany

2,900,000 €
2,761 € /m²
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  • Total area
    1,050 m²
  • Yield
    3.0%
Details
Property parameters
  • Land area: 752 m²
  • Total apartments: 18
  • Number of parking lots: 7
  • 5-floor building
Financial performance
  • Annual income: 85,601 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Apartment building with commercial units in good condition.

Description

The apartment building includes 18 apartments with a total area of 945 m² and 2 retail units on the ground floor with a total area of 106 m².

Location and nearby infrastructure

The property is located in a residential area of Berlin, within walking distance of the metro station. There is a large park, a supermarket, various shops, cafes and restaurants located nearby.

The city center can be reached in about 20 minutes by car.

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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    Marina Filichkina
    Marina Filichkina,
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