№ 2,064,379

Block of flats 155 m² in Schöneberg

1,415,000 €
9,129 € /m²
  • Total area 155 m²
  • Yield 4.0%
  • Lease term —
  • Constructed  2024
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Schöneberg
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    Key project parameters
    Total area
    155 m²
    Constructed 
    2024
    Project description

    Apartment package in a residential complex under construction in Berlin.

    Description

    The package includes three two-room apartments of approximately 52 m² each.

    Completion: III quarter 2024.

    There are a total of 7 buildings with 219 exclusive residential and 8 commercial units will be created on 7 floors. The closed and spacious private courtyard with approx. 3,000 m² offers the residents a private green area in the middle of the city to enjoy and relax. In addition, there will be made with 80 parking spaces as well as over 400 bicycle parking spaces and storage rooms for prams in the basement. The residential complex includes apartments with 1–5 rooms with an area of 27 m² — 190 m² with prices ranging from € 262,000 to € 2,565,000.

    The price of a parking space is € 48,000.

    Tenants
    Agreement
    n/a
    Financial performance
    Yield
    4.0%
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    Transaction costs

    Notary (state registration) is 1.5–2%.

    Acquisition tax is 6%.

    Brokerage fee is 4% + VAT 19% (total 4.76%).

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    Location and nearby infrastructure

    The property is located in Berlin, in the Schöneberg district.

    Known for its wide boulevards and multifaceted architecture, Schöneberg is a colorful district that’s home to an unlikely mix of people of all cultures and ages. Vibrant outdoor markets, a wide range of vintage and luxury shopping, an eclectic food scene, charming cafes and bars, and lively street festivals.

    The residential area combines everything you need for quality living — central location, excellent transport connections and awide range of activities.

    Three U-bahn stations are less than a 10-minute walk from the project. Popular Berlin locations (Zoologischer Garten, Potsdamer Platz and Alexanderplatz) can be reached in 20–30 minutes.

    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.

    Berlin-Brandenburg Airport serves over 20 million passengers annually.

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

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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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    • icon Property maintenance and insurance
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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

    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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