Description
The 6-storey building, renovated in 2014, consists of residential and commercial premises:
- 17 apartments with a total area of 1,500 m²;
- 11 commercial premises with a total area of 1,300 m².
The plot area of 840 m².
There is an elevator.
The annual income is 735,236 €.
The current yield is 2,94%.
The property is fully let.
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 a popular residential area of Berlin, near the city center, schools and a kindergarten.
The area has good public transport connections. Berlin city center can be reached in 15 minutes by tram.
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.
