Properties

Long-term investment property in Prenzlauer Berg

10405 Berlin / Prenzlauer Berg, Apartment for sale

Contact details

Objectdata

  • Object ID
    751_27
  • Property Type
  • Address
    10405 Berlin / Prenzlauer Berg
  • Etagen im Haus
    5
  • Living area approx:
    99 m²
  • Renatble area ca.
    99 m²
  • Rooms
    3
  • Bedrooms
    2
  • Bathrooms
    1
  • Balconies
    1
  • Year of construction
    1900
  • Status
    tenanted
  • Maintenance fees
    157.73 EUR
  • Buyer's commission
    7.14% of the purchase price including taxIncluding Tax
  • Net rent
    404.09 EUR
  • Purchase price
    400,000 EUR

Features

  • Balcony

Energieausweis

  • Energieausweistyp
    Bedarfs­ausweis
  • Ausstellungsdatum
    vor dem 1.5.2014
  • Valid until
    25.04.2022
  • Year of construction
    1900
  • Energy demand
    249.30 kWh/(m²·a)
Endenergiebedarf
249.30 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 2-bed flat in Berlin is situated on the third floor of the front building, is spread over a spacious 98.76 m² and features a street-facing balcony. This flat has been tenanted since 1999 with a current net rental income of EUR 404.09 per month. This equates to an annual income of EUR 4,849.08 and a corresponding yield of 1.21%. The division of declaration is from 2011.

This 2-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.

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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