Three-storey apartment building with three commercial spaces in Berlin.
Description
The apartment building includes 13 flats with a total area of 837 m² and three commercial spaces with a total area of 214 m². The area of each flat is on average 64 m².
The building was built between 1925 and 1955 and is constantly maintained in good condition. Two of the residential units have been renovated in the last two years, and a further seven units have been renovated since 2010.
The house has central heating and hot water systems.
There are 7 garages and one outdoor parking place located on the plot of the building.
Energy performance certificate:
- main source of energy: gas
- final energy consumption: 124 kWh/ m²a
- valid until 30.05.2026
The absolute annual income is 108,692 €.
The current yield is 3,51%.
The expected annual income is 109,112 €.
The expected yield is 3.52%.
The expected yield is achieved by renting a parking lot.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
The property is located in one of the popular residential areas of Berlin, Steglitz-Zehlendorf. Shops, restaurants, kindergartens, schools and public transport stops are located nearby.
The center of Berlin can be reached in 30 minutes.
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.
