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 2009 with a net rental income (excluding utilities) of € 239.36 per month, equating to an annual income of € 2,872.32 and a corresponding yield of 2.39%. 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.
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.
Kreuzberg is undoubtedly Berlin’s trendiest neighbourhood, and the most sought-after location for those who enjoy a vibrant lifestyle. This spacious apartment in Kreuzberg lies right on the banks of the Paul-Linke and Maybach canals, both internationally known for their lively markets, relaxed cafés, trendy boutiques, excellent cocktail bars, popular night clubs, and many more recreational spots. The neighbourhood is well known for its friendly, community atmosphere, that has developed over many centuries. You can expect the value of this popular district in Berlin to continue growing in the coming future.
Public transport connections to Berlin are excellent, with U-Bahn station Kottbusser Tor (U1 and U8) only a few minutes’ walk away, with both lines running directly into the city centre. Many larger roads also make traveling from one side of town to the other exceedingly easy.