+44 20 3608 1267

Two-bedroom apartment in Western Berlin with a 3,7% yield

116,000 €
2,109 € /m²
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Total area: 55 m² Yield: 3.7%
  • Absolute return: 4,266 €
  • Built in 1959
  • 3 floor
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 2
  • Internet
  • TV
  • Furnished

It is a rentable apartment for sale in in Spandau. Description

The total area is 55 m².

The property is located on the second floor of an apartment building constructed in 1959 and now is in well-kept condition.

The apartment is leased out.

Features

  • spacious kitchen;
  • bathroom with shower;
  • central heating;
  • balcony.

Financial performance

Absolute income is 4,266 €.

The current yield of 3,7%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is located not far from the Old Spandau.

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

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Berlin
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