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Buy-to-let apartment package with a guaranteed yield of 3,4% in a new complex, Lichtenberg, Berlin, Germany

1,450,000 €
8,100 € /m²
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  • Total area
    179 m²
  • Yield
    3.4%
  • Built in 
    2022
Details
Financial performance
  • Annual income: 49,343 €

The new residential complex includes 89 apartments. All apartments are rented with a fine finish, plumbing fixtures and an equipped kitchen. Some apartments have a storage room in the basement.

The total area of the package is 178.6 m² (each unit from 28.62 to 31.63 m²).

The offered package contains 6 apartments. You can buy apartments remotely.

The building is being built according to the KfW-55 efficiency standard, which makes it possible to obtain a loan at a reduced rate.

Tenants

The management company guarantees the investor rental income even if the apartment has not yet been rented out. The contract is signed for 4 years with an extension option.

The owner can decide to use the services of this management company or not.

Small apartments will be in demand among students of five higher educational institutions and employees of 850 companies located in the area, as well as among residents of neighboring areas.

Transaction costs

Legal services — 1.5%

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

The apartments are sold without commission for the buyer.

Location and nearby infrastructure

The residential complex is located in the Lichtenberg district, where prices are lower than in the central districts. At the same time, you can get to the center in 15–20 minutes. Within walking distance from the house, Herzberg Park and Berlin Zoo. Nearby all the necessary infrastructure — pharmacies and medical offices, kindergartens, supermarkets. As well as many places for leisure and recreation — pubs and bars, yoga studios, stand-up areas, organic markets.

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If this ad doesn't suit you, have a look at the other block of flats for sale in Lichtenberg.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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