+44 20 3608 1267
Apartment house in Southern Berlin with a 3,2% yield

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Apartment house in Southern Berlin with a 3,2% yield

2,900,000 €
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Total area: 1,043 m² Yield: 3.2%
  • Absolute return: 93,960 €
  • Built in 1958
  • Percentage of the rented area: 100%
  • Most recent total renovation: 2015

It is an apartment house in Steglitz.

Description

The total building area of 1,043 m².

The house was built in 1958. Major refubrishment and installation of a new gas heating gas system have been completed. The building is in excellent overall condition.

All apartments with balconies.

There are garages and parking next to the house.

Annual power consumption rate of 76 kWh/m².

The property is fully leased out.

Financial performance

Absolute income is 93,960 €.

The current yield of 3,2%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is situated near Lauenburger Platz.

Public transport and the metro are within the walking distance.

There are shops, restaurants and hospital nearby.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Steglitz
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