Properties

Long-term capital investment in great Berlin-Kreuzberg location with 3.4% yield

10961 Berlin / Kreuzberg, Apartment for sale

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Objectdata

  • Object ID
    747_26
  • Property Type
  • Address
    10961 Berlin / Kreuzberg
  • Etagen im Haus
    6
  • Living area approx:
    47 m²
  • Renatble area ca.
    47 m²
  • Rooms
    2
  • Bedrooms
    1
  • Bathrooms
    1
  • Heating system
    Gas
  • Year of construction
    1818
  • Status
    tenanted
  • Maintenance fees
    160.23 EUR
  • Buyer's commission
    7.14% of the purchase price including taxIncluding Tax
  • Net rent
    500.00 EUR
  • Purchase price
    175,000 EUR

Energieausweis

  • Energieausweistyp
    Verbrauchs­ausweis
  • Ausstellungsdatum
    vor dem 1.5.2014
  • Valid until
    08.05.2022
  • Year of construction according to energy certificate
    1818
  • Primary energy supplier
    Gas
  • Final energy consumption
    113.00 kWh/(m²·a)
Total energy consumption
113.00 kWh/(m²·a)
0 50 100 150 200 250 300 350 400+

Property description

Description

Located in a highly sought-after area of Berlin, this charming Altbau in Solmstrasse was built in the late nineteenth century and features a beautiful, stucco-decorated façade. The building has an impressive entrance hall with numerous stucco elements and the original ceiling painting. There are 28, spacious flats in total, spread across the front building, side wings and garden building. Additionally, there is a sunny and leafy, inner-courtyard.

The apartments maintain their characteristic Altbau feel thanks to high ceilings with stucco, and wooden paneled doors with historically detailed decoration. The attic floor in the front building has been developed into penthouses with lovely, sunny conservatories.

This 1-bedroom flat Berlin is situated on the fourth floor and has a living area of 47 m². This flat in has been tenanted since 2007 with a current net rental income of EUR 500.00 per month. This equates to an annual income of EUR 6,000.00 and a corresponding yield of 3.43%. 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.

Location

Arguably one of the most popular districts in Berlin, Kreuzberg is renowned for its creative lifestyle and atmosphere. This flat in Solmsstraße is superbly located in one of Kreuzberg’s nicest areas, just around the corner from the beloved Bergmannkiez neighbourhood. Bergmannstrasse is bustling with trendy cafés, international restaurants, specialty shops, small boutiques and so on. There is also a fresh food market hall at Marheinekeplatz. Kreuzberg’s popular Viktoria Park is just a short walk away, the perfect green retreat from the busy city, and a lovely spot to have a picnic by the waterfall.

Public transport connections are fantastic with Gneisenaustrasse U7-Bahn station just metres away, and Mehringdamm U6-Bahn station also just a short walk away. Additionally there are a number of bus lines running nearby, ensuring that you can travel quickly and efficiently through Berlin with ease. Travel time to Potsdamer Platz is 15 mins, to Alexanderplatz is 25 mins, and to the Ku’Damm is 20 mins.

Die ungefähre Position der Immobilie auf Google Maps ansehen (Link auf externe Website)

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