+44 20 3608 1267
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Two bedroom apartment overlooking the lake in Western Berlin with a 3,1% yield

185,000 €
3,135 € /m²
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Total area: 59 m² Yield: 3.1%
  • Absolute return: 5,754 €
  • Built in 1918
  • 5 floor
  • Renter: 100%
  • Most recent total renovation: 2005
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 2
  • Balcony
  • Internet
  • TV
  • Lake view
  • Furnished

It is a rentable apartment for sale in Charlottenburg. Description

The total area is 59 m².

The property is situated on the fourth floor of a historic building constructed in 1918 with its balcony oriented to the west with green courtyard view.

The apartment has been refurbished in 2004–2005.

Annual energy consumption rate of 107 kWh/m².

The property is leased out.

Features

  • built-in kitchen;
  • wooden windows;
  • high ceilings;
  • tiled bathroom;
  • central heating.

Financial performance

Absolute income is 5,754 €.

The current yield of 3,1%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The apartment is located next to Lietzensee lake.

Shops, restaurants, public transportation and metro stations are within the walking distance.

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