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Buy-to-let apartment package with a guaranteed yield of 3,44% in a new complex, Lichtenberg, Berlin, Germany

966,000 €
7,853 € /m²
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  • Total area
    123 m²
  • Yield
    3.44%
  • Built in 
    2022
Details
Financial performance
  • Annual income: 33,218 €

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 123.06 m² (each unit from 29.22 to 31.63 m²).

The offered package contains 4 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.

More properties

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

All ads in the country: block of flats 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.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a apartment units purchase with a construction loan

Investment vehicle
Apartment units
Construction loan
Yield per annum
3.4%
8—10%
Investment budget
966,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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