Built in 1900, this lovely Berliner Altbau is well maintained and features a bright, stucco facade. There are 28 flats in the Altbau, and a shop in the ground floor, with all buildings enclosing a green, leafy inner-courtyard. Apartments in the front building range in size from 2 to 5 rooms, boasting characteristic stucco decorated ceilings, wood-paneled doors and planked flooring. The flats feature large balconies and classic, wooden box windows. In the other buildings, 1 and 2 room apartments have modern PVC windows with double glazing.
This studio apartment is situated on the fourth floor of the right side wing, and has a living area of 32.75 m². This flat in Berlin has been tenanted since 2000 with a current net rental income of EUR 199.77 per month. This equates to an annual income of EUR 2,397.24 and a corresponding yield of 1.55%. The division of declaration is from 2011.
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.
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.
This apartment is superbly located right in the heart of Prenzlauer Berg, renowed for its diverse and creative neighbourhood. The neighbouring streets Eberswalderstrasse, Schoenhauser Allee and Kastanienallee are filled with trendy cafés and restaurants, as well as specialty delis and bakeries, boutique designer shops, antique stores and so on. Around the corner is the Kulturbraueri with a cinema, theatres and galleries, and a little further away is the Prater – Berlin’s oldest beer garden. Everything you need, you will find in the direct vicinity.
Public transport connections to the rest of Berlin are fantastic. A number of tram lines run close by (M10, 12, M1) and the U-Bahn Eberswalder Strasse station is just a five minute walk away. From here you can reach Alexanderplatz (city centre) in 6 mins, Potsdamer Platz in 20 mins, or the Ku’Damm in the west in 30 mins.