Apartment building with two retail premises on the ground floor in Berlin.
Description
The apartment building includes 21 flats with a total area of 1,131 m² and two retail premises with a total area of 141 m².
The building has an individual gas central heating system, as well as an undeveloped attic.
The absolute annual income is 118,870 €.
The current yield is 3.4%.
All flats and retail premises are rented out.
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 Berlin, within walking distance of the metro station. There are several well-known chain supermarkets, shops and a mall located nearby.
Berlin city center can be reached in 25 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.