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    Buy-to-let apartment in Mitte

    334,000 €
    • Yield 2.7 %
    • Annual income: 8,885 €
    • Total area 84 m²
    • Built in 1930
    • Notary (state registration): 1.5 %
    • Acquisition tax: 6.0 %
    • Broker: 6.0 %
    • Total rooms: 4
    • 3 bedrooms
    • 1 bathroom
    • Balcony or terrace
    • Swimming pool

    Apartment in a residential building in Berlin.

    Apartment sizes range from 63 m² to 90 m².

    The cost of apartments varies from 232,000 € to 334,000 €

    • 2–4 room apartments
    • Year of construction: 1927–30
    • Numerous local recreation areas
    • Mainly with balcony or loggia

    Interior

    These apartment includes a kitchen, a living room, a bathroom, a bedroom and a balcony.

    Equipment

    • Loggia
    • Utility room

    Advantages

    5-year rental guarantee

    Guaranteed increase in rent, with income of 740 € per month.

    Financial performance

    The absolute annual income is 8,885 €.

    The current yield is 2.7%.

    Transaction costs

    Notary (state registration) is 1.5 – 2%.

    Acquisition tax is 6.0%.

    Brokerage fee is 5% + 19% VAT (in total 6.0%).

    Location and nearby infrastructure

    The apartments are located in the Wedding district and Mitte.

    In only ten minutes you can reach the Sprengelkiez, which with its cafés, bars and pubs.

    The beautiful Goethepark is only a ten-minute walk away and is already in another 15 minutes at the outdoor swimming pool Plötzensee.

    Another highlight in summer is the open-air cinema at Volkspark Rehberge, which can be reached by bike in just ten minutes.

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