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Luxury residential complex in Potsdam-Babelsberg

1,850,000 €
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Total area: 1,214 m² Yield: 4.0%
  • Absolute return: 92,393 €
  • Land area: 950 m²

Proposed apartment building with residential and commercial space in a prestigious area of Potsdam-Babelsberg.

Approximately 1,214 m² of residential and commercial space on a plot of 950 square meters.

Description

The object is an architectural ensemble of two stylish old buildings 1858 – 1900 years. buildings.

The residential complex premium consists of an old three-storey house and a side extension. All buildings have a basement.

The complex 11 apartments and 1 commercial space. Fully rented 2 apartments.

Living area — approx. 831 m²

Commercial space of approx. 383 m²

The net annual rental income of approx. 92,393 euros.

The current yield — 4.9%

Projected income after total rental — 101,012 euros (net).

The projected profitability of 5.5%

Oak 1524 €/m².

Equipment

All apartments have a balcony or patio, equipped kitchen. Baths are tiled in the common areas flooring or carpeting.

The buildings have been completely renovated and modernized at the moment the premises are in good condition.

The house has central gas heating, there is a water heater.

Infrastructure

Shops, schools and public transport are in the immediate vicinity of the site.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Potsdam
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