Package of 5 apartments in the center of Berlin, Germany

Additional information is provided after the signing of an NDA

Package of 5 apartments in the center of Berlin, Germany

1,134,000 €
3,754 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    302 m²
  • Yield
    1.6%
Details
Property parameters
  • Total premises: 5
Financial performance
  • Annual income: 18,150 €
Tenants
  • End of lease: 2030
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Package of 5 apartments in the center of Berlin.

Description

  • four-room apartment 100 m² (410,000 €)
  • one-room apartment 38 m² (159,000 €)
  • three-room apartment 64 m² (285,000 €)
  • three-room apartment 63 m² (289,000 €)
  • one-room apartment 37 m² (219,000 €)

Financial performance

The current annual income is 18,150 €.

The current yield is 1.6%

Tenants

4 out of 5 apartments are rented.

The lease agreements were concluded for a period of 10 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The building is located in the center of Berlin.

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. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.

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.

Tegel and Schönefeld Airports of Berlin serve more than 40 million passengers a year.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in Berlin.

All ads in the country: block of flats for sale in Germany.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request