№ 1,978,159
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Block of flats 110 m² in Lichtenberg

741,000 €
6,736 € /m²
  • Total area 110 m²
  • Yield 4.0%
  • Lease term —
  • Constructed  2022
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Lichtenberg
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    Key project parameters
    Total area
    110 m²
    Constructed 
    2022
    Project description

    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 110.37 m² (each unit from 29.25 to 50.54 m²).

    The offered package contains 3 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
    Agreement
    n/a

    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.

    Financial performance
    Yield
    4.0%
    Request a personalised calculation
    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.

    Request an accurate calculation
    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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    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
    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
    Request more details
    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

    Not sure where to start? Book a consultation
    Our expert will contact you to help with selecting real estate
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      Senior Investment Consultant
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