There is the option of a rooftop terrace with parking space for bicycles. The owner may use the services of a management company, which assumes responsibilities associated with searching for tenants, signing the lease agreement, property maintenance, tenant communications, insurance, renovation, etc.
The projected annual income is € 13,512.
The projected annual income after deducting expenses for maintenance and management is € 11,368.
The projected yield is 3%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6%.
The cost of the management company services is € 29.75 every month per unit.
The operating costs are € 2.32/m² per month.
According to preliminary calculations, management and maintenance costs are € 2,144 per year.
The residential complex is located in the Lichtenberg district, a 15-minute drive from the center of Berlin (Alexanderplatz). Public transport, a metro station, Aldi and Netto supermarkets are within walking distance from the building. Also, there is a shopping center, parks, a university, schools, sports field, and hospital nearby.
The airport is located 20 km away, and Berlin Main Station can be reached in 35 minutes by tram.