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Buy-to-let apartment package with a yield of 3.9% in Berlin, Germany

1,360,000 €
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  • Yield
    3.9 %
  • Rental rate (m²/month)
    23 €
  • Completion in
    2022.III
Details
Property parameters
  • Leasable area: 191 m²
Financial performance
  • Annual income: 53,000 €
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 6.0 %

The package of five apartments in a new six-story building.

Description

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.

Financial performance

The annual income is 53,000 €.

The yield is 3.9%.

Tenants

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.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

The apartments are sold without commission for the buyer.

Location

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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a apartment units purchase with a construction loan

Investment vehicle
Apartment units
Construction loan
Yield per annum
3.9%
8—10%
Investment budget
1,360,400 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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