- 27,285,000 €
- 4.7% yield
Apartment building in good condition in one of the most popular residential and business areas of Berlin.
Description
The apartment building includes 26 apartments with a total area of 2,173 m² and 5 commercial spaces with a total area of 443 m².
The building has classic architectural elements of the Gründerzeit period, for example, representative entrance areas and high ceilings, stucco moldings, wooden floors and doors. The apartments are renovated and are in very good condition.
It is possible to convert the attic into four residential spaces with a total area of 544 m². A request was also sent to install a passenger elevator.
There is a well-kept green courtyard.
Share Deal is possible.
There are 10 vacant spaces with a total area of 1.034 m².
The property is located in the western part of Berlin, in the Charlottenburg area. There are various department stores, boutiques, restaurants and cafes. Also, University of Berlin, German Opera and theater are located nearby. A metro station and a bus stop are within walking distance from the property.
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.
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Berlin.
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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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