Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

1,850,000 €
3,700 € /m²
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  • Total area
    500 m²
  • Yield
    1.9%
  • Built in 
    1925
Details
Financial performance
  • Annual income: 36,140 €
Tenants
  • Fully let
  • End of lease: 2043
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Description

Apartment building with an area of 500 m².

Financial performance

The annual net income is 36,140 €.

The net yield is 1.9%.

Tenants

The property is fully let.

The tenancy agreement has been concluded till 2043.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The property is located in Köpenick district. Distance to the city center is about 15 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.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Berlin.

All ads in the country: apartment buildings for sale in Germany.

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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  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
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