№ 1,842,543

Block of flats 652 m² in Berlin

5,800,000 €
8,895 € /m²
  • Total area 652 m²
  • Yield 4.0%
  • Lease term —
  • Constructed  2018
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Berlin
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    Key project parameters
    Total area
    652 m²
    Number of parking lots
    6
    Constructed 
    2018
    Project description

    Package of apartments in a new residential complex in the Tiergarten district.

    Description

    The package includes 10 apartments with a total area of 652 m², located from 2nd to 4th floor. Nine are one-room apartments, one is a two-room apartment, the area of apartments varies from 59 to 75 m².

    The apartments are sold fully finished, furnished, with kitchen and sanitary ware (included in the price).

    Four apartments have a view to the courtyard, the rest – to the street.

    Also, six apartments have parking spaces worth 42,000 € each.

    Tenants
    Agreement
    n/a
    Financial performance
    Yield
    4.0%
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    Location and nearby infrastructure

    The property is located in a residential area of ​​Tiergarten. The area is densely populated and is located near the central administrative districts of Berlin. The architecture is represented by exquisite 19th-century mansions that are surrounded by the greenery of the alleys. The area has a developed infrastructure, which includes shopping centers, hotels, restaurants, clubs, bars. In addition, the tourism business is booming here.

    There are two metro stations within walking distance from the property. Also there are various shops, schools, various doctors within walking distance. There are galleries, restaurants, a shopping center, museums, a market and other infrastructural facilities a few minutes away by public transport.

    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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    How we help investors

    Analysing the needs

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    Developing a strategy

    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

    Providing transaction support

    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

    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

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

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