Three apartments for rent in to students a new residential complex in Berlin-Mitte.
The residential complex includes three buildings.
Apartments are rented in a medium-term lease for 6–12 months.
The construction was begun in spring 2017 and will be completed in the end of 2018 — Q1 2019.
The residential complex consists of 334 apartments ranging from 19 m² to 25 m².
The cost of apartments ranges from 139,000 € to 184,000 €.
Energy standard: EnEV 2016
Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.
The projected annual income after deducting costs for the management company is 17,722 €.
The projected yield of 3.7%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
The brokerage fee is 3.57%.
The cost of ownership
The cost of the management company is 1,778 € per year.
Location and nearby objects
The address is Berlin, Gerichtstraße 65.
The residential complex is located in the city center, in a 4-minute walk from the U-Bahn station. A supermarket, a pharmacy and many attractions of the city are located not far from the property.
Distance to important sites:
- Humboldt University of Berlin — 3.5 km (5 U-Bahn stations)
- Charite Community Complex — 2.6 km (3 U-Bahn stations)
- Museum Island — 3 km
- Hackescher Markt — 3 km
- Alexanderplatz — 4 km
- Humboldt-Hahn National Park — 500 m
- Central railway station — 2.5 km