№ 1,841,985

Apartment building 2,357 m² in Berlin

12,250,000 €
5,197 € /m²
  • Apartments 18
  • Yield 4.0%
  • Constructed  1900
  • Price per key —
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Alina Dunaeva
Investment consultant in Berlin
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    Key project parameters
    Total area
    2,357 m²
    Land area
    914 m²
    Apartments
    18
    Floors
    6
    Constructed 
    1900
    Project description

    Apartment building with commercial and office spaces in maintained condition.

    Description

    The apartment building includes:

    • 18 apartments with a total area of 1,474 m²
    • 6 office spaces with a total area of 687 m²
    • 2 retail spaces with a total area of 196 m²
    • storage area od 99 m²

    The building has an elevator and a central gas heating system.

    There is a well-kept courtyard with a bicycle parking.

    Energy Performance Certificate:

    • main energy sources: gas
    • final energy demand: 122.00 kWh/ m²a
    • valid until: 08.12.2023
    Tenants
    Agreement
    n/a

    Fully let.

    Financial performance
    Yield
    4.0%
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    Location and nearby infrastructure

    The property is located in the western part of Berlin, in the Charlottenburg area, within walking distance of the metro station. There are various shops, a supermarket, cafes and restaurants, a highway entrance located nearby.

    Charlottenburg is one of the oldest districts of Berlin. It has many theaters, restaurants and museums. It also houses one of Berlin's most famous boulevards, Kurfürstendamm, where the best shops of the city and the popular KaDeWe shopping center, built in 1900, are located.

    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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    Tranio helps to manage property after purchase

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

    The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

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    Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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    Analysing the needs

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    Developing a strategy

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    We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account

    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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