+44 20 3608 1267

Three-bedroom apartment near the river in Western Berlin with a 3,4% yield

203,000 €
2,537 € /m²
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Total area: 80 m² Yield: 3.4%
  • Absolute return: 6,973 €
  • Built in 1998
  • 5-floor building
  • 4 floor
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total rooms: 3
  • Balcony
  • Internet
  • TV

It is a rentable apartment for sale in Spandau.

Description

The total area is 80 m².

The property is located on the third floor of the five-story home built in 1998, which is in well-kept overall condition.

The house has an elevator and features green courtyard.

Annual energy consumption rate of of 99,9 kWh/m².

Features

  • winter garden;
  • balcony;
  • bathroom;
  • central heating;
  • two parking spaces for bicycles;
  • basement storage.

Financial performance

Absolute income is 6,973 €.

The current yield of 3,4%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

The property is situated just 200 meters from the Havel river, near the Krienicke Park.

Public transportation, metro station, shops, cafes and a stadium are in the immediate vicinity.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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