+44 20 3608 1267

Two-bedroom apartment in Southern Berlin with a 3,1% yield

151,000 €
2,287 € /m²
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Total area: 66 m² Yield: 3.1%
  • Absolute return: 4,744 €
  • Built in 1972
  • 3-floor building
  • 2 floor
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 2
  • Balcony
  • Terrace
  • Internet
  • TV

It is a rentable apartment in a townhouse complex. Description

The total area is 66 m².

The property is located on the first floor of a three-storey townhouse. The complex was built in 1972 and completely reconstructed.

There is underground parking (€11–15 thousand per place).

The property is leased out.

There are other apartments for sale in the complex.

Features

  • built-in kitchen;
  • bathroom;
  • central heating;
  • balcony or terrace;
  • basement storage.

Financial performance

Absolute income is 4,744 €.

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 property is situated near the Teltow Canal.

Supermarket, restaurants, public transportation and the train 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 Berlin
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