The package of five apartments in a new six-story building.
The total area of five apartments is 191.3 m² (each unit is 60.8 – 67.5 m²).
Apartment formats: studios, one-room apartment.
Completion date: 2022. III.
The developer is a well-known company with a large track record operating in Germany, the Netherlands, Greece, Spain and Portugal.
The annual income is 53,000 €.
The yield is 3.9%.
Lease concept: the rental management company offers such a popular format as fully furnished apartments with the possibility of renting out in the medium (from 7–12 months) and long-term period. The owner can decide to use the services of this management company or not.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6%.
The apartments are sold without commission for the buyer.
Mitte is the geographical and political center of Berlin, where most famous social and cultural attractions are located. The combination of these enticing factors has has made for a booming commercial and residential real estate scene where property prices are on the rise. This district also has an excellent infrastructure: there are restaurants, cafes, bars, as well as hospitals, supermarkets, schools and kindergartens.