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Apartment building in Berlin

1,100,000 €
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Total area: 664 m² Yield: 4.1% Built in 1997
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Features
  • Operating Incomе: 45,650 €
  • Occupancy: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

it is an apartment house for sale in South-Eastern Berlin.

Description

The total area of the property is 664 m².

The house was constructed in 1997 and now is in good overall condition.

All apartments have balconies and french balconies. The attic has been developed for residential purposes.

The house has gas central heating, the annual energy consumption rate of 125 kWh/m².

There is also a parking.

All areas are leased out.

Financial performance

Absolute income is 45,650 €.

The current yield of 4,1%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is located not far from the confluence of the Spree and Dahme rivers.

The science center, public transportaion, metro station, railway station, shops and restaurants are in close proximity.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services