+44 20 3608 1267
Apartment house in Southern Berlin with a 5,6% yield

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Apartment house in Southern Berlin with a 5,6% yield

6,700,000 €
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Total area: 4,121 m² Yield: 5.6%
  • Absolute return: 379,890 €
  • Built in 1970
  • Percentage of the rented area: 100%
  • Number of parking lots: 25
  • Most recent total renovation: 1995
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 4

It is a residential and commercial building for sale in Lichterfelde. Description

The total area of 4,121 m².

There are four apartments and 13 commercial premises, one of which occupies the entire ground floor.

The building was constructed in 1970 and refurbished in 1995. Good overall condition.

Central heating, elevator.

There is also a parking for 25 cars.

All areas are leased out.

Financial performance

Absolute income is 379,890 €.

The current yield of 5,6%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is situated next to the Teltow Canal.

The bus stop is right in front of the door. Railway station, shops, supermarkets and restaurants are in the immediate vicinity.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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