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Commercial premises in a renovated historic building near the center of Berlin

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Total area: 90 m² Built in 1920
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Features
  • Most recent total renovation: 2015
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total premises: 2
  • Redevelopment

It is two commercial premises in the classy historical building.

Description

The total area of the properties is 90 m², of which:

  • 29 m² — first unit;
  • 61 m² — second unit.

The properties are situated in a historic building constructed in 1920. The building is under state monumental protection, it has been completely renovated in 2015.

The units are adjacent, hsve large windows and separate entrances.

The building has an elevator and gas heating.

The rooms can be merged.

The units may be bought separately for 126,000 € and 265,000 €.

Financial performance

Projected income is 21,505 €.

Projected yield of 8%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is situated between Kollwitzplatz and Senefelderplatz.

Restaurants, cafes, public transportation and metro station are within the walking distance.

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