Description
The renovated building of about 850 m² consists of about 15 apartments with areas from 50 m² to 85 m².
Each flat has a balcony, a bathroom and a kitchen.
Equipment: new wooden windows, central gas heating.
The plot area is about 570 m².
There is a roof-top terrace and a parking for 1 car.
The annual income is 83,673 €.
The yield is 3.64%.
The property is fully let.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the quiet green district of Weißensee, near the park, the lake, shopping malls, and public transport stops.
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.
Berlin-Brandenburg Airport serves over 20 million passengers annually.
