Three student apartments in a condominium under construction, which includes 202 flats (18–30 sqm).
Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.
Equipment
- flats are furnished;
- kitchens equipped with modern appliances;
- heated floors;
- French windows;
- built-in wardrobes;
- intercom.
Advantages
House will be provided with bicycle parking and fitted with an elevator.
Projected absolute annual income is 19,000 €.
The projected yield of 4–4.3%.
There is a possibilty to obtain a bank financing phased in the course of construction.
Notary fee of 1.5%.
RE purchase tax of 6%.
The broker's fee of 4%.
Residential house situated in the centre of historic area of Berlin. Central square Alexanderplatz, The Brandenburg Gate, shops, pharmacy, park, Metro station, main railway station and public transport stops located in a close vicinity of the property. This area has a lot of objects of historical architecture and monuments.
