Properties

Lovely Altbau flat in the heart of Kreuzberg, Berlin for long-term capital investment

10999 Berlin / Kreuzberg, Retirement home for sale

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Contact details

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Objectdata

  • Object ID
    2202_WE10
  • Property Type
    Retirement home
  • Address
    10999 Berlin / Kreuzberg
  • Floor
    3
  • Etagen im Haus
    5
  • Living area approx:
    120.20 m²
  • Rooms
    3
  • Bedrooms
    2
  • Bathrooms
    1
  • Balconies
    1
  • Heizungsart
    Single-storey heating system
  • Primary energy supplier
    Gas
  • Year of construction
    1900
  • Condition
    gepflegt
  • Status
    tenanted
  • Maintenance fees
    264.82 EUR
  • Provisionspflichtig
    Yes
  • Net rent
    583.63 EUR
  • Purchase price
    420,700 EUR

Features

  • Balcony
  • Cellar

Energieausweis

  • Energieausweistyp
    Bedarfs­ausweis
  • Ausstellungsdatum
    vor dem 1.5.2014
  • Valid until
    16.04.2024
  • Year of construction
    1900
  • Primary energy source
    Gas
  • Energy demand
    250.10 kWh/(m²·a)
0 50 100 150 200 250 300 350 400+ Endenergiebedarf 250.10 kWh/(m²·a)

Property description

Description

Built at the end of the nineteenth century, this classical Berliner Altbau features 15 apartments, spread over the front, garden and side wing buildings, warpped around a traditional, green inner-courtyard. The attic floor of this five story building will be developed into modern penthouse apartments. The building still features its classical stucco decoration. Many of the windows have been replaced with high-quality glass insulating windows, and the remaining windows have traditional wooden frames.

This 2-bedroom apartment on the third floor is spread over a spacious 125 sqm and features a separate kitchen and a balcony. The flat in Berlin has been tenanted since 1999 and with a current net rental income of 583.63 EUR per month. This equates to an annual income of 7,003.56 EUR and a corresponding yield of 1.71%. The division of declaration is from 29.05.2012.

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 2-bedroom flat in Berlin-Kreuzberg is located down the road from Berlin’s famous Goerlitzer Park, and close to many of the city’s social hotspots. Kreuzberg is indisputably Berlin’s trendiest district. The area is well known for its colourful and vibrant social atmosphere, and very popular for its hip cafés, restaurants and bars. Many cafés and restaurants lie along the Landwehr Canal that runs through Kreuzberg. The banks of the river also provide a perfect spot to relax in the sun and take a break from the bustle of city life. Kreuzberg is home to many of Berlin’s local designers. There are many small, unique shops snuggly dotted throughout its many streets and alleyways.

Transport connections from Kreuzberg are excellent, with U-Bahn station Schoenleinstrasse (U8) within walking distance, and the M29 bus running just around the corner. Total travel time to the city centre (Alexanderplatz) is 25 minutes.

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