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Duplex apartment in Southern Berlin with a 4,5% yield

164,000 €
2,050 € /m²
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Total area: 80 m² Yield: 4.5%
  • Absolute return: 7,430 €
  • Built in 1982
  • 4-floor building
  • 4 floor
  • Renter: 100%
  • Number of parking lots: 2
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 3
  • Private car park
  • Balcony
  • Terrace
  • Internet
  • TV

It is a rentable apartment for sale in Mariendorf.

Description

The total area of this duplex is 80 m².

The proeprty is located on the third floor of a four-storey house built in 1982, which is in good overall condition. There is a well-kept courtyard.

The price includes two parking spaces in the underground garage, there is a possibility to buy additional parking spaces.

The property is leased out.

There is another apartment for sale in this house.

Features

  • balcony;
  • terrace;
  • bathroom;
  • built-in kitchen;
  • laminate;
  • central heating.

Financial performance

Absolute income is 7,430 €.

The current yield of 4,5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is located near Volkspark Mariendorf.

Public transportation, metro station, supermarket and restaurants 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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