Two-bedroom apartment under construction in a suburb of Berlin with a 3,5% yield

Additional information is provided after the signing of an NDA

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Two-bedroom apartment under construction in a suburb of Berlin with a 3,5% yield

205,000 €
3,596 € /m²
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Total area: 57 m²
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Features
  • Yield: 3.5%
  • Operating Incomе: 7,158 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 7.1%
  • Total rooms: 2
  • Under construction: Design
  • Internet
  • TV
  • Garden

Two-bedroom apartment in a new building.

Description

The total area is 57 m²

The building will have 34 apartments. Completion is scheduled for the second quarter of 2017.

The house will have an elevator, underground garage and parking.

There are also other two- and three-bedroom apartments for sale costing up to € 324,5 thousand.

Features

  • insulated windows;
  • hardwood and tile flooring;
  • heated floor;
  • balcony;
  • bathroom with shower;
  • central heating;
  • basement storage.

Financial performance

Income after commission will be 7,158 €.

The yield of 3,5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 7,14%.

More properties

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Alexandru-Viorel Hincu
Alexandru-Viorel Hincu
Property Advisor
+44 20 3608 1267
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