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Buy-to-let apartment with yield 4% in Berlin, Germany

153,000 €
5,100 € /m²
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Total area 30 m² 1 bathroom Yield 4.0 %
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Details
  • Total rooms: 1
  • 11-floor building
  • 2 floor
  • Annual income: 4,948 €
  • Completion in: 2020.IV
  • Notary (state registration): 1.5 %
  • Acquisition tax: 6.0 %
  • Balcony or terrace

Studio apartment which is well suited for renting in a new residential complex near the center of Berlin.

Description

The construction will be completed by the end of 2020.

The residential complex consists of 56 studio apartments ranging from 30 m² to 33 m² and two-, three- and four-room apartments ranging from 59 m² to 84 m².

The cost of the studios ranges from 149,000 € to 199,000 € and the cost of the apartments ranges from 219,000 € to 470,000 €.

There are two commercial units on the ground floor of the building

Energy standard: KfW-55

Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low-cost investment.

It is possible to purchase a package of several apartments.

Interior

The studio consists of a living room combined with a kitchen and a dining area, a bathroom, a storage room, a dressing room, a balcony or a terrace.

Equipment

  • fitted kitchen
  • heating floors
  • elevator

Advantages

Brokerage commission — 0%.

The complex may offer at residents' disposal: a rooftop terrace and a parking for bicycles. The owners may use services of a management company, which assumes responsibilities associated with searching for tenants, singing lease agreement, property maintenance, managing, tenant communications, insurance, renovation, etc.

Financial performance

The projected annual income is 6,132 €.

The projected annual income after deducting expenses for maintenance and management is 4,948 €.

The projected yield is 4%.

Transaction costs

Notary (state registration) is 1–1.5%.

Registration tax is 0.8–1.2%.

Acquisition tax is 6%

Location

The residential complex is located in the Lichtenberg district, in a 15-minute drive from the center of Berlin (Alexanderplatz). Public transport stops, a metro station, Aldi and Netto supermarkets are situated in a walking distance from the building. Also, there are a shopping center, parks, a university, schools, a sports field and a hospital nearby.

The airport is located in 20 km, and Berlin Main Station can be reached in 35 minutes by tram.

  • Property on the map
    Location right down to the building, street or city

Statistics in Berlin

Price per m², €
5,851
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
60
Index 60 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 5,851.17
Apartment in a bedroom community, m² 3,876.17
Transport Price, €
Public transport, 1 ride 2.8
Monthly travel card 81.0
Taxi, 1 km 2.0
Petrol, 1 l 1.44
Food Price, €
Water, 1.5 l 0.52
Milk, 1 l 0.78
White bread, 500 g 1.3
Eggs, a dozen 1.94
Chicken fillet, 1 kg 7.56
Education Price, €
Kindergarten, per month 192.67
International school, per year 7,790.42
Health care index
Staff competence 74.17
Medical equipment 82.8
Research accuracy and completeness 72.71
Attitude towards patients 62.82
Security index
Crime rate 40.98
The risk of being robbed 37.75
The risk of car theft 36.09
The risk of break-in and property damage 51.74

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other buy-to-let apartments for sale in Germany.

You can see more buy-to-let apartments for sale in Lichtenberg elsewhere on our website.

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Svetlana Larionova
Svetlana Larionova
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+44 17 4822 0039
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