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One-bedroom buy-to-let apartment in a new complex, Kreuzberg, Berlin, Germany

482,000 €
9,450 € /m²
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  • Total area
    51 m²
  • Bedrooms
    1
  • Bathrooms
    1
  • Yield
    3.67%
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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
  • 6 floor
  • Completion in: 2022.III
  • Balcony or terrace
  • Garden
  • Elevator
  • Fully finished
  • Wood parquet flooring
  • Floor-to-ceiling windows
  • Lots of natural light
  • Quality sanitary ware
  • Floor heating

The new residential complex has 25 apartments, quiet private courtyard with community square, storage space for bicycles and strollers, storage rooms for all apartments in the basement. Some apartments have balconies, terraces or roof terraces. All apartments will be delivered finished, with equipped bathrooms. Apartments have high ceilings (2.7 metres) and mostly floor-to-ceiling windows.

In addition to the offered apartment, one more unit remains on sale — a one-bedroom penthouse 89 m² for 848,000 euros with a yield of 3.63%.

Advantages

You can buy an apartment remotely.

There are no restrictions on rents in new buildings in Berlin.

Banks are more willing to lend to new construction than to older housing. Most projects are built according to efficiency standard KfW-55. The buyer can get a loan with a reduced rate in such projects.

High energy efficiency standards = less maintenance costs.

Stage-by-stage payment for the purchase of apartments during construction.

High quality materials and comfortable layouts.

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

The complex is located in the Kreuzberg district. Home to artists and immigrants as well as young professionals and upper-middle class families, Kreuzberg is one of Berlin’s most popular districts, thanks to its central location, picturesque streets and waterways, impressive food scene, its diversity, nightlife and rich cultural offerings. Many Berlin startups have settled in Kreuzberg.

The project is located on the edge of Bergmannkiez — colorful neighbourhood with small shops and exotic restaurants, street cafes and organic market, bookstores and second-hand boutiques.

A lot of recreational zones can be easily reached by foot or by bike within minutes: Park at Gleisdreieck, Viktoriapark, Tempelhofer Feld, Hasenheide Park.

Elementary school and kindergarten, banks, supermarkets are in the immediate vicinity of the project. The U-bahn station is in 100 metres from the building.

The project is close to the city center and its main attractions. You can reach the center of Berlin (Alexanderplatz, Brandenburg Gate) in 15–20 minutes by car or U-bahn.

  • 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 Kreuzberg 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.

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  • icon Arrangements for bookkeeping and tax advice
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    Senior property selection advisor
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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

      After clarifying your enquiry, we will introduce you to our partners and/or local agents.

      Offer selection

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      Viewing tour

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      Transaction closure

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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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