ID: 1714
House

Profitable object for sale Berlin, Germany

Portfolio with 2 profitable houses in Berlin. Profitability 3,29%

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€4,100,000
Portfolio with 2 profitable houses in Berlin. Profitability 3,29%

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Additional Information DESCRIPTION
Do not miss the opportunity to purchase a portfolio with two apartment buildings located in different parts of Berlin, in the districts of Reinickendorf and Neukölln.
 
1) Profitable house of about 490 sq. m. was built on a plot of about 450 sq.m. and was completely renovated three years ago.
 
Price - 1.8 million euros
Annual rental income - about 59,000 euros
Profitability - 3.28%
 
2) Profitable house of about 600 sq. m. was built on a plot of about 520 sq. m. and was completely renovated seven years ago.
 
Price - 2.3 million euros
Annual rental income - about 76,000 euros
Profitability - 3.3%
 
Houses can be purchased in a package or separately.
 
Total price - 4 100 000 Euro
The annual rental income is about 135,000 euros.
Profitability - 3.29%
 
Berlin is the capital and largest city of Germany, the second most populous (after London) and the fifth largest city in the European Union. It is one of the 16 lands in the Federal Republic of Germany. The city is located on the banks of the rivers Spree and Havel. Today, Berlin is a world cultural center. This is a major European transport hub and one of the most visited cities on the continent. Universities, research institutes and museums of Berlin are known all over the world. Artists, diplomats and immigrants from all over the world live and work in the city.
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a portfolio with 2 apartment buildings in Berlin!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Berlin, Berlin, Germany
  • Land Area: 970 sq m
  • Total Area: 1090 sq m
  • Sale Price: €4,100,000

Financial Information

Price
€4,100,000
Guaranteed rent
Rent Income per year
€135000
Rent Income per month
€11250
Profitability
3,29%
Payback
30,4
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Near metro / stop
Near the shop
Apartment house
Additional Information OTHER INFO
FEATURES
Profitable objects with tenants in Berlin for sale
Profitable objects with tenants in the capital of Germany for sale

ATTRIBUTES

Land Area: 970 sq m
Total Area: 1090 sq m
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