Three-storey apartment building with a converted attic in Berlin.
Description
The apartment building includes 8 apartments with a total area of 726 m². The average area of each apartment is about 90 m².
The building has a full basement level and an underground parking garage with six parking spaces. There are basement rooms in the cellar, along with the oil-fired central heating system with central hot water processing from the year 2014.
The apartment building is constantly maintained in good condition.
Energy performance certificate:
- final energy consumption: 101.00 kWh/ m²a
- energy class: D
- valid until: 19.09.2028
The absolute annual income is 76,000 €.
The current yield is 3,3%.
The expected annual income is 77,400 €.
The expected yield is 3.4%.
The expected yield is achieved by renting one parking space.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
The property is located within the Tempelhof-Schöneberg district of Berlin. There are shops, kindergartens, schools, educational institutions and public transport stops nearby.
The center of Berlin can be reached in 40 minutes.
Berlin is the capital of Germany with the population more than 3.9 million people.
Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.
2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.
Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.
