Office building in Berlin.
Description
The office center consists of 14 commercial units. The total leasable area of the building is 2,376 m².
There is a car parking for 25 places.
The current annual net income is 338,834 €.
The current yield is 4.5%.
The expected annual net income is 352,435 €.
The expected yield is 4.7%.
The premises are leased by 96%.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7,14%).
The building is located in Berlin, in the Reinickendorf district.
Berlin is the capital and largest city of Germany by both area and population. Its more than 3.5 mln inhabitants make it the most populous city proper of the European Union.
Many German and international companies have business or service centers in the city. For several years Berlin has been recognized as a major center of business founders.
