Commercial space in a new residential complex in Berlin.
Description
Commercial space of 40 m².
Completion: III quarter 2024.
The new residential complex with classic architecture and a green courtyard consists of 219 apartments. The complex will have separate seven-story buildings with commercial units on the ground floors.
The projected yield is from 3.2%.
Tenant free.
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 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.