- 27,285,000 €
- 4.7% yield
Apartment building in good condition.
Description
The apartment building includes 15 apartments with a total area of 1,481 m², two commercial spaces (including a basement) with a total area of 408 m² and a storage room of 46 m².
Some apartments have been renovated.
There is a well-kept courtyard.
It is possible to expand and convert the attic into a living space with a total area of 316 m². It is also planned to install an external elevator. An application for the construction has been submitted.
Fully let.
The property is located in the central residential area of Moabit, near Tiergarten and the Spree River embankment. There are kindergartens, schools, medical facilities and shops located nearby. On the next street there are various restaurants, cafes and cultural facilities.
A 5-minute walk from the property is a high-speed railway station, there is a bus stop nearby. The nearest motorway entrance can be reached in 15 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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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.
We use a methodology that enables us to formulate requests and find good deals in the market
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
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
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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