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Apartment in Berlin with a 1,61% yield

356,000 €
3,955 € /m²
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Total area: 90 m²
  • 3 floor
  • Total rooms: 3
  • Internet
  • TV

This elegant three-room apartment, covering about 90 m² on the third floor, offers everything urban life requires: three beautiful, almost square rooms, a central roomy hallway, a kitchen and bathroom, both with their own windows for abundant natural light and ventilation.

Key facts

  • Purchase prices start at approx. 206,000 EUR
  • Located in the centre of Berlin: Friedrichshain on the border with Berlin-Mitte and view to the TV tower
  • The Buildings are under monumental protection and compete for World Cultural Heritage
  • Rented units available as investment and free apartments for personal use
  • Residential buildings were designed as 'Working Palaces'and remind of the gingerbread style
  • Common property will be refurbished in 2015
  • Parking spaces available

Financial performance

Absolute income is 8,544 EUR.

The current yield of 2,4%.

The yield will increase to 4,8% after the rent renewal.

Loan

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 5,95%.

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Bashitha Kariyawasam
Bashitha Kariyawasam
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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