Medical Center in Berlin.
The building with a leasable area of about 1,000 m² includes 3 separate premises.
The property is well maintained.
The annual income is 201,000 €.
The yield is 5.1%.
The property is fully let.
There are 3 tenants in the building. All tenants have long-term lease agreements until 2034.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in Berlin, in the district of Pankow.
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.