Built in 1900, this historical Altbau is located on the banks of the Landwehr Canal, right in the heart of Berlin's trendiest district - Kreuzberg. The building is well-maintained and has had restorative work done. Its elegant exterior fits in beautifully in with the neighbouring houses along the river canal. This 1-bedroom flat in Berlin has been tenanted since 1999 with a net rental income (excluding utilities) of € 283.64 per month, equating to an annual income of € 3,403.68 and a corresponding yield of 2%. The division of declaration is from 2012. This apartment is tenanted and the current tenant will have long-term protected rights to remain in the apartment after it is sold to a new owner. If you are looking for an apartment for self-use, this property is very likely to be suitable for you. Please see our video explainer to find out more: https://youtu.be/jd3UIKf-h1g. If you are interested in buying this flat in Kreuzberg as an investment, please do not hesitate to contact our friendly international team for more information. Additional Information . Black Label's international team can offer advice on all stages of property purchase. Our team speaks fluent English, German, French and Mandarin. We work together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin, who are at hand to explain the financial and legal process of buying real estate in Germany. We can provide you with a varied choice of properties to suit your needs - whether you plan to use it yourself or are looking for an investment. We also offer property management packages for both furnished and unfurnished lettings, as well as a complete design and furnishing service tailored to your style. Please get in touch with our friendly international team for more information.
Objectdata
Object ID: 282_46
Property Type: Apartment
Address: 10999 Berlin / Kreuzberg
Etagen im Haus: 5
Living area approx:: 44 m2
Renatble area ca.: 44 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Heizungsart: Central heating
Heating system: Gas
Year of construction: 1900
Condition: gepflegt
Status: tenanted
Maintenance fees: 129.84 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 283.64 EUR
Purchase price: 170,000 EUR