Properties

2.05% yield on this great, 1-bed flat in Kreuzberg

10997 Berlin / Kreuzberg, Apartment for sale

Contact details

Objectdata

  • Object ID
    724_10
  • Property Type
  • Address
    10997 Berlin / Kreuzberg
  • Living area approx:
    77 m²
  • Rooms
    2
  • Bedrooms
    1
  • Bathrooms
    1
  • Units
    76.71
  • Year of construction
    1900
  • Status
    tenanted
  • Maintenance fees
    258.96 EUR
  • Buyer's commission
    7.14% of the purchase price including taxIncluding Tax
  • Net rent
    521.63 EUR
  • Purchase price
    305,000 EUR

Energieausweis

  • Energieausweistyp
    Bedarfs­ausweis
  • Ausstellungsdatum
    vor dem 1.5.2014
  • Valid until
    15.04.2024
  • Year of construction according to energy certificate
    1900
  • Energy demand
    184.40 kWh/(m²·a)
Endenergiebedarf
184.40 kWh/(m²·a)
0 50 100 150 200 250 300 350 400+

Property description

Description

Built at the end of the nineteenth century, this beautiful Berliner Altbau consists of a front building with nine flats, and inner-courtyard with a lawn. All the flats feature characteristic wooden floors and high ceilings decorated with stucco. The quiet street runs parallel to Goerlitzer Park, which has been lovingly restored in recent years. This particular area is Kreuzberg is home to many heritage protected buildings, thus establishing the neighbourhood’s historical charm.

This 1-bedroom apartment is situated on the fifth floor and has a living area of 76.71 m². This flat in Berlin has been tenanted since 2007 with a current net rental income of EUR 521.63 per month. This equates to an annual income of EUR 6,259.56 and a corresponding yield of 2.05%. The division of declaration is from 2012.

Arguably one of the most popular districts in Berlin, Kreuzberg is renowned for its creative lifestyle and atmosphere. Goerlitzer Strasse runs parallel to Berlin’s popular Goerlitzer park. In the summertime many residents enjoy BBQs in the park while live music plays from the concrete platform that was once part of the historical Goerlitzer Bahnhof, before it was destroyed.

The other end of the street meets Berlin’s most beautiful canal. Paul-Lincke-Ufer is a short walk away, where you’ll find restaurants with gardens which are beautifully illuminated at night, bars, second-hand shops, and many independent craft shops and businesses. In the other direction, Wrangelkiez is a popular meeting point thanks to its abundance of restaurants, shops and cafés.

Public transport connections are great with the U-Bahn station Schleisisches Tor just 550m away. One stop further is the larger S and U-Bahn station Warschauer Strasse, which offers fantastic connections to the rest of Berlin.

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.

Enquiry

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