Description
The building of 1,750 m² consists of 17 apartments, 9 of which have been renovated.
There is an elevator and central gas heating.
Plot area — 1,250 m².
The annual income is 260,368 €.
The yield is 2.5%.
Currently, all the flats are let.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the Schmargendorf district. Distance to the city center is less than 10 km.
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. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.
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.
Berlin-Brandenburg Airport serves over 20 million passengers annually.