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Buy-to-let apartment in new building with stable yield, Berlin, Germany

252,000 €
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1 bedroom 1 bathroom
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Features
  • Completion in 2020.IV
  • 11-floor building
  • 10 floor
  • Leasable area: 48 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 1.2%
  • Total rooms: 2
  • Balcony or terrace

Two-room apartment 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 from299,000 € 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 apartment consists of a living room with a kitchen and a dining area, a bedroom, a bathroom, a guest bathroom, a storage room, a dressing room and a balcony.

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.

Transaction costs

Notary (state registration) is 1–1.5%.

Acquisition tax is 0,8–1,2%.

Location and nearby infrastructure

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.

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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Daria Batiuk
Daria Batiuk
Real Estate Expert
+44 17 4822 0039
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