Apartment building in very good condition in the Köpenick area.
Description
The apartment building includes 6 apartments with a total area of 685 m² and 4 commercial units on the ground floor with a total area of 342 m².
Extensive maintenance measures and renovations were carried out in the 1990s on the electric wiring, hardwood floors, rising mains and some windows. During this period, balconies were also installed on the south side of the building.
There is a well-maintained courtyard and an adjacent building.
The units are heated by self-contained gas central heating systems.
The expected annual income is 88,903 €.
The expected yield is 3.9%.
All four commercial units and 2 flats will be handed over in a vacant state.
One flat on the top floor of the front building has already been sold, and the remaining units are being offered as condominiums.
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 in the green district of Berlin Köpenick in southeast Berlin, approx. 200 m away from the Dahme River. There is a supermarket, several shops, a restaurant, a school and a kindergarten.
Schönefeld Airport can be reached in a few minutes. The traffic links by car are outstanding, as are the public transport connections.
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.
The average monthly salary in Berlin is about 2,200 €.
The purchasing power index for March 2019 is 108.67 (12th place in the country).
