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Apartment house in a historic building in Brandenburg with a 4,8% yield

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Apartment house in a historic building in Brandenburg with a 4,8% yield

1,550,000 €
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Total area: 881 m² Yield: 4.8%
  • Absolute return: 75,640 €
  • Built in 1930
  • Renter: 100%
  • Most recent total renovation: 1996
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 7.1%
  • Total apartments: 8

It is an apartment building for sale in the town south-east of Berlin.

Description

Total floor area is 881 m².

There are eight apartments with balconies or loggias and four commercial premises in total.

The property was built in 1930 and renovated in 1996, retaining its original features.

The house has gas central heating.

All areas are leased out.

Financial performance

Absolute income is 75,640 €.

The current yield of 4,8%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 7,14%.

Location

The property is located near Berlin.

Public transportation and railway station are in the immediate vicinity.

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