Properties

Long-term investment property in Prenzlauer Berg

10405 Berlin / Prenzlauer Berg, Apartment for sale

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Contact details

Objectdata

  • Object ID
    751_26
  • Property Type
  • Address
    10405 Berlin / Prenzlauer Berg
  • Floors in building
    5
  • Living area approx:
    56 m²
  • Renatble area ca.
    56 m²
  • Rooms
    2
  • Bedrooms
    1
  • Bathrooms
    1
  • Year of construction
    1900
  • Status
    tenanted
  • Maintenance fees
    99.40 EUR
  • Buyer's commission
    7.14% of the purchase price including tax Including Tax
  • Net rent
    370.69 EUR
  • Purchase price
    230,000 EUR

Energy demand certificate

  • Issued on
    vor dem 1.5.2014
  • Valid until
    25.04.2022
  • Year of construction
    1900
  • Energy demand
    249.3 kWh/(m²·a)
  • Total energy consumption:
    249.3 kWh/(m²·a)
    0 50 100 150 200 250 300 350 400+

Property description

Description

This beautiful Altbau was built around 1900 and special care has been taken to preserve its original style. Built in the typical Berlin construction style, this Altbau consists of a front building, two side wings and two rear wings, connected by two leafy, green inner-courtyards. There are 42 renovated flats in total, as well as a commercial unit in the ground floor. All the apartments have characteristic high ceilings decorated with stucco, solid wooden flooring or parquet flooring, and wood panel doors. Apartments in the front building have lovely, street-facing balconies, providing the perfect spot to relax and enjoy the view over the green surroundings.

This 1-bed flat in Berlin is situated on the second floor and has a living area of 56,08 m². This flat has been tenanted since 1995 with a current net rental income of EUR 370.69 per month. This equates to an annual income of EUR 4,448.28 and a corresponding yield of 1.93%. The division of declaration is from 2011.

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

This 1-bed flat is located on Winsstrasse, a lovely tree-lined street in Berlin’s Prenzlauer Berg district. An abundance of cafés, restaurants, bars and interesting shops in the immediate vicinity attract locals and visitors alike, establishing a trendy, little hub right outside your door. Around the corner at Kollwitzplatz, there is a bi-weekly farmers market that takes place on Thursdays and Saturdays, where you can buy beautiful flowers and fresh fruit and vegetables from regional traders.

This area of Berlin is rich with green parks and spaces. A short walk will take you to Volkspark Friedrichshain, one of the city’s most beloved parks for sports, jogging, or enjoying a relaxing picnic with family and friends, and an outdoor cinema is set up here during the summer months. Prenzlauer Berg is above all very relaxed and family-friendly. This neighbourhood around the water tower at Kollwitzplatz is a popular spot for children to play whilst mothers sip on café lattes.

Public transport connections to the rest of Berlin are great thanks to a number of tram lines in the parallel streets (M2, M4 and 50). The M2 takes you directly to Alexanderplatz (city centre) in five minutes, where you can then access various multiple subway lines, inner-city and regional train lines.

The displayed property location is approximate

Enquiry

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