№ 1,842,546

Apartment building 1,889 m² in Berlin

6,250,000 €
3,308 € /m²
  • Apartments 15
  • Yield 4.0%
  • Constructed  1900
  • Price per key —
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Berlin
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    Key project parameters
    Total area
    1,889 m²
    Land area
    691 m²
    Apartments
    15
    Floors
    5
    Constructed 
    1900
    Project description

    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.

    Tenants
    Agreement
    n/a

    Fully let.

    Financial performance
    Yield
    4.0%
    Request a personalised calculation
    Location and nearby infrastructure

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

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