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

151,000 €
2,287 € /m²
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Total area: 66 m²
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Features
  • Yield: 3.1%
  • Absolute return: 4,744 €
  • Built in 1972
  • 3-floor building
  • 2 floor
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 2
  • Balcony or 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%.

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Alexander Hincu
Alexander Hincu
Property Advisor
+44 20 3608 1267
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