Built at the end of the nineteenth century, this classical Berliner Altbau features 15 apartments, spread over the front, garden and side wing buildings, warpped around a traditional, green inner-courtyard. The attic floor of this five story building will be developed into modern penthouse apartments. The building still features its classical stucco decoration. Many of the windows have been replaced with high-quality glass insulating windows, and the remaining windows have traditional wooden frames. This 1-bedroom maisonette flat on the fourth and fifth floors is spread over a 76 sqm. The flat in Berlin has been tenanted since 2008 and with a current net rental income of 463.60 EUR per month. This equates to an annual income of 5,563.20 EUR and a corresponding yield of 2.23%. The division of declaration is from 29.05.2012. 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: 226_14
Property Type: Apartment, Penthouse apartment
Address: 10999 Berlin / Kreuzberg
Etagen im Haus: 5
Living area approx:: 76 m2
Renatble area ca.: 76 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Heizungsart: Single-storey heating system
Heating system: Gas
Year of construction: 1900
Condition: Well maintained
Status: tenanted
Maintenance fees: 115.44 EUR
Buyer's commission: 7.14% of the purchase price including tax Including Tax
Net rent: 463.60 EUR
Purchase price: 250,000 EUR