- 27,285,000 €
- 4.7% yield
- Berlin Apartments package 1,134,000 €
- Basic parameters
- Photo
№ 1,934,921
Block of flats 302 m² in Berlin
1,134,000 €
3,754 € /m²
- Total area 302 m²
- Yield 4.0%
- Lease term 2030
- Constructed —
Key project parameters
- Total area
- 302 m²
Project description
Package of 5 apartments in the center of Berlin.
Description
- four-room apartment 100 m² (410,000 €)
- one-room apartment 38 m² (159,000 €)
- three-room apartment 64 m² (285,000 €)
- three-room apartment 63 m² (289,000 €)
- one-room apartment 37 m² (219,000 €)
Tenants
- Agreement
- Yes
- End of lease
- 2030
4 out of 5 apartments are rented.
The lease agreements were concluded for a period of 10 years.
Financial performance
- Yield
- 4.0%
The current annual income is 18,150 €.
The current yield is 1.6%
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 building is located in the center of Berlin.
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.
Tegel and Schönefeld Airports of Berlin serve more than 40 million passengers a year.
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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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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
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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