Investment apartments in Berlin-Mitte, Germany

 
GERMANY / BERLIN
Prices from 174 462
  • Location: Germany, Region Brandenburg, Berlin MAP
  • Development: Residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:121 
  • Units available for sale:112 PRICE LIST
  • Unit sizes: 24 sq.m 63 sq.m FLOOR PLANS
  • Unit prices: 174 462 470 582 PRICE LIST
  • Prices per sq.m.: 7 269  7 470 €/sq.m
  • Development status: Under construction
  • Planned completion: December 2016
  • Ownership: Freehold 
  • Rental return (p.a.): 4-5% (estimated)
  • Capital appreciation (p.a.): 7-8% per year (estimated)
  • No commission

Complex/building features

  • Sizes of units 24 sq.m - 63 sq.m
  • Total area/size of the building/complex plot 1376 sq.m
  • Total number of units 121
  • Total floors 8
  • Type of construction Brick-built / Completely refurbished property / Completely renovated building

Distances

  • Distance to centre of the town/city 200 m
  • Food shop 100 m
  • Bus stop 100 m
  • Metro station (Underground) 100 m

Rental income features

  • Rental demand in the area High
  • Who will rent Students,Young professionals
  • Unit finishing in order to rent Fully-furnished
  • Rental management In-house management company
  • Rental management fee 21 /month
  • Annual rental income 4-5% (estimated)

Taxation

  • Capital gains tax/profit tax on resale 0% after year 10
  • Tax on rental income 0% for the first 12 years

Exit strategy

  • Resale Possible after completion
  • Easy exit High demand - very easy
  • Resale management/consultant Property Developer, Stonehard
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing Excellent
  • Furnishing Fully furnished

Facilities in the complex/building

  • Communal Elevator, Reception desk

Additional purchasing costs

  • Total additional costs 8% of the purchase price

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 7-8% per year (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Ongoing costs and aftersale charges

  • Maintenance charge Obligatory, 4 per sq.m. per month paid by the tenant