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New buy-to-let studio apartment in Schöneberg, Berlin, Germany

170,000 €
6,071 € /m²
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  • Total area
    28 m²
  • Bathrooms
    1
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    Annual price per sqm growth by 5 — 10%*

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    Location with high rental demand

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    The #1 city for property investment in 2021 according to PWC

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    Market stability during the crisis

*According to guthmann.estate, pwc.com

Features
  • 3 floor
  • Completion in: 2023.II
  • Garden
  • Elevator
  • Fully finished
  • Quality sanitary ware
  • Floor heating

The new residential complex has 47 studio apartments, common roof terrace, laundry room and storage rooms for each apartment in the basement. Some apartments have balconies or terraces. All apartments will be delivered finished, with equipped bathrooms. Apartments mostly have floor-to-ceiling windows.

The area of the apartments is 21 m² — 41 m².

Prices from 169,900 euros to 318,490 euros.

Make a request to see original photos of the object.

Advantages

  • Reliable developer with 25 years of experience. Construction warranty for 5 years from the developer.
  • You can buy an apartment remotely.
  • The project is built according to efficiency standard KfW-55, which makes it possible to obtain a loan with a reduced rate.
  • Stage-by-stage payment for the purchase of apartments during construction.
  • If rented out, the apartments will be in demand by students and young professionals due to the number of educational institutions and companies nearby and high demand for microapartments.

Tenants

Lease concept — The owner of the apartment can use the services of a management company that rents the apartment. The management company will take care of all the operations of renting out the apartment: searching and inspecting tenants, bookkeeping, and control of the property. The projected rental yield (gross) is up to 4.16%

Transaction costs

Brokerage fee 3.0% + VAT

Real estate transfer tax 6.0%

Notary & Land Registry fee 1.5%

Lawyer 1.0 – 1.5%

Location and nearby infrastructure

Known for its wide boulevards and multifaceted architecture, Schöneberg is a colorful district that’s home to an unlikely mix of affluent, middle class, immigrant and expat of all ages. Vibrant outdoor markets, a wide range of vintage and luxury shopping, an eclectic food scene, charming cafes and bars, and lively street festivals. As dynamic as this district can be, peace and quiet are easy to find, thanks to plenty of parks and sedate streets awash in old-world glamor.

All necessary infrastructure — schools and kindergartens, doctors' offices, supermarkets, cafes and restaurants — are nearby. A lot of recreational zones can be easily reached by foot or by bike within minutes: Schlossstrasse — popular shopping street, Hans-Baluschek Park, Tempelhofer Feld. Students benefit from the proximity to Universities of Applied Sciences and the Freie Universität Berlin.

City center and other districts can be easily reached by car — Autobahn passes through Schöneberg. The S-bahn station is 150 metres away, allowing you to comfortably reach the center of Berlin (Alexanderplatz, Brandenburg Gate) in 20 minutes.

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

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 Schöneberg elsewhere on our website.

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
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      How to buy property with Tranio

      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Is it possible to make money off a flat in Germany?

        Yes. You can rent out your flat on a medium- or long-term basis. To relieve yourself of the burden of finding tenants, hire a management company, which usually costs about 10% of the rent. It is best to buy a flat close to the city centre, near the metro, cafés, shops and parks. We recommend choosing small flats, as they generate more income per square metre and are easier to sell. To get an idea of the rental income this flat can generate, look at advertisements for similar properties in this area.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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