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 €)
The current annual income is 18,150 €.
The current yield is 1.6%
4 out of 5 apartments are rented.
The lease agreements were concluded for a period of 10 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
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.