Built in 1900, this classical Altbau has two buildings, each with a large entrance hall, stairwell and side wing, surrounding the building's leafy, inner-courtyard. There are 22 flats in total, each with characteristic high ceilings and large windows. The apartments in the front building are lovely and bright, boasting a wonderful view over Goerlitzer Park and the evening sun. This 1-bedroom apartment is situated on the second floor of the front building and has a living area of 79.25 m2. This flat in Berlin has been tenanted since 2009 with a current net rental income of EUR 491.35 per month. This equates to an annual income of EUR 5,896,20 and a corresponding yield of 1.84%. 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. 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: 726_5
Property Type: Apartment
Address: 10997 Berlin / Kreuzberg
Living area approx:: 79 m2
Renatble area ca.: 79 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Year of construction: 1900
Status: tenanted
Maintenance fees: 225.38 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 491.35 EUR
Purchase price: 320,000 EUR