+44 20 3608 1267

Two-bedroom apartment near the river in Western Berlin with a 3,8% yield

111,000 €
2,413 € /m²
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Total area: 46 m² Yield: 3.8%
  • Absolute return: 4,229 €
  • Built in 1998
  • 5-floor building
  • 3 floor
  • Renter: 100%
  • Total rooms: 2
  • Shared parking
  • 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 second 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 99,9 kWh/m².

The property is leased out.

Features

  • winter garden;
  • balcony;
  • bathroom;
  • central heating;
  • one parking space for bicycles;
  • basement storage.

Financial performance

Absolute income is 4,229 €.

The current yield of 3,8%.

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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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Berlin
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