Apartment for rent, Berlin, Germany

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Apartment for rent, Berlin, Germany

350,000 €
3,500 € /m²
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Total area: 100 m² 1 bathroom
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Features
  • Yield: 3.6%
  • Operating Incomе: 12,600 €
  • Built in 1910
  • 1 floor
  • Occupancy: 100%
  • End of lease: 2021
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%
  • Total rooms: 3
  • Garden

Three-room apartment on the ground floor with a garden.

Description

The building where the apartment is located was built in 1910.

Interior

The apartment includes 3 rooms, a kitchenette, a bathroom and a basement with a storage for bicycles.

It is possible to convert one of the rooms into an office with a separate entrance from the courtyard.

Equipment

  • fitted kitchen
  • warm floors

Financial performance

The absolute annual income is 12,600 €.

The current yield of 3.6%.

Tenants

The apartment is rented.

The lease agreement is valid until 31/03/2021.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 6% + 19% VAT (in total 7.14%).

Location

The apartment is located in the area of Schmargerendorf in a walking distance from public transport and metro stations.

There is a supermarket, a hospital, a school and a park not far from the property.

The distance to the Kurfürstendamm Halensee is 1.2 km.

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Elena Chernyshyeva
Elena Chernyshyeva
Real Estate Expert Tranio in Charlottenburg-Wilmersdorf
+44 17 4822 0039
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