This two bedroom apartment in Berlin belongs to a larger housing community named Lindenhof, built between 1931 and 1936. The main architect Adolf Stell was a well-known representative of Bauhaus architecture - a modern style of design that was taught at three locations in Germany (including Berlin), until it was closed down by the Nazi government. Each individual dwelling, as well as the entire community of buildings in Lindenhof as a whole, are heritage listed. Photos are displayed in the famous Bauhaus Museum Dessau, to provide examples of Bauhaus architecture. This brightly lit, well designed apartment in Spandau has two bedrooms, each with their own private balcony. One of the balconies overlooks the green inner courtyard. The bathroom is fitted with a bathtub. This is apartment in Berlin is an excellent investment opportunity; the rental income for this flat has been €240/month since 2015, providing a rental return of 3.8% p.a. Additional Information Black Label's international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin. We can provide you with a varied choice of properties to suit your needs. Just send us your search specifications, including: - Property style - Budget - Location - Investment or own use For advice on financing your Berlin property purchase, please get in touch with a member of the team. Our mortgage team is able to offer up to 70% to international clients, and our lawyers are at hand to explain the legal process of buying real estate in Germany. Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.
Objectdata
Object ID: 192
Property Type: Apartment
Address: 13587 Berlin / Spandau
Floor: 3
Floors in building: 3
Living area approx:: 64 m2
Area approx.: 64 m2
Renatble area ca.: 64 m2
Rooms: 3
Balconies: 2
Heating system: Gas heating, Central heating
Year of construction: 1936
Condition: Modernised
Status: tenanted
Maintenance fees: 250 EUR
Buyer's commission: 7.14% of the purchase price including tax Including Tax
Net rent: 420 EUR
Rental income: 5,040.00 EUR
Purchase price: 130,000 EUR