Ref: 000R0687
District: Charlottenburg-Wilmersdorf
Location: Wilmersdorf
Hot investment opportunity, especially in regards to the capital growth aspect! Located in a quiet back road in the Charlottenburg-Wilmersdorf district, between the well-known shopping road “Kurfürstendamm” and the trendy “Stuttgarter Platz”, these vacant and rented flats offer the charm of Altbau (Old Building) with high ceilings. The units are in standard/ good condition. All facilities incl. shops, fitness centres etc. you will find in direct neighbourhood. The public transportation connections are excellent.
Specifications:
Apartment are in standard/ good condition
Charm of “Altbau” (Old Building) with high ceilings
Light-flooded rooms
Partly with balconies
Central heating
Lovely courtyard
The building has been renovated and modernised over the last years (well-kept condition)
Top location in Charlottenburg-Wilmersdorf – The shopping-road Kurfürstendamm on your doorstep, trendy places like Olivaer Platz, Stuttgarter Platz and Savigny Platz are only a few minutes away. Recreational places like the Grunewald or the lake “Lietzensee” you can reach after a short drive.
Payment:
100% after signing of the notarial purchase contract; Resale Properties.
Property 1: SOLD
Property 2: SOLD
Property 3: One Bedroom Apartment – Third Floor – Side Wing, left
Rooms (Living and Dining Room/ Bedrooms): 2
Living Size (approx.): 43.09m²
Balcony: No
Year of Construction: 1910
Availability/ Move-in: Sale – Immediately / Please note: The flat is rented out – old rental agreements. A basic rent of 8 € per m² can be expected in the future.
Yearly additional costs for landlords: approx. 463 € per year (no allocatable overheads)
Allocatable overheads like yearly building insurance, housekeeping etc. are going on top of the basic rent and has to be paid by the tenants: approx. 1,292 € per year
Current basic rent: 3,035 € per year (5.87 € per m²)
Current net yield*: 3.43% (yearly additional costs are considered)
From 75,000 €
Property 4: SOLD
Property 5: One Bedroom Apartment – Fourth Floor – Side Wing, right
Rooms (Living and Dining Room/ Bedrooms): 2
Living Size (approx.): 48.98m²
Balcony: Yes
Year of Construction: 1910
Availability/ Move-in: Sale – Immediately / Please note: The flat is rented out – old rental agreements. A basic rent of 8 € per m² can be expected in the future.
Yearly additional costs for landlords: approx. 851 € per year (491 € per year are no allocatable overheads plus approx. 360 € per year because a gross cold rent has been agreed)
Allocatable overheads like yearly building insurance, housekeeping etc. are going on top of the basic rent and has to be paid by the tenants: approx. 1,108 € per year
Current basic rent: 4,143 € per year (7.05 € per m²)
Current net yield*: 3.54% (yearly additional costs are considered)
From 93,100 €
Property 6: One Bedroom Apartment – Fourth Floor – Side Wing, left
Rooms (Living and Dining Room/ Bedrooms): 2
Living Size (approx.): 43.09m²
Balcony: No
Year of Construction: 1910
Availability/ Move-in: Sale – Immediately / Please note: The flat is rented out – old rental agreements. A basic rent of 8 € per m² can be expected in the future.
Yearly additional costs for landlords: approx. 463 € per year (no allocatable overheads)
Allocatable overheads like yearly building insurance, housekeeping etc. are going on top of the basic rent and has to be paid by the tenants: approx. 1,292 € per year
Current basic rent: 2,896 € per year (5.60 € per m²)
Current net yield*: 3.24% (yearly additional costs are considered)
From 75,000 €
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Property Type: Apartment
Date Built: 1910
Name/Reference: 000R0687 |
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Country: Germany |
| Region: Charlottenburg-Wilmersdorf
(Wilmersdorf)
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| City / Town: Berlin
Find city/town on map
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| Location: Inland,
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Airport 1: , Distance: 5 km
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Property Features:
Floor Area: 48.58 (m2)
Bedrooms: 1
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| Asking Price: |
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75,000 |
59,498 |
111,548 |
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| Notes from the owner/agent: | Berlin:
The capital of Germany is dynamic, cosmopolitan and creative, allowing for every kind of lifestyle. East meets West in the metropolis at the heart of a changing Europe. After experiencing a staggering drop in housing prices since the early 90s, Berlin’s property market is springing back to life. No other property market in Europe offers such undervalued property prices and a solid rental market.
The trend goes to properties which are situated in medium/good locations near the town centre.
Berlin: 88% of the habitants are renting properties - 12% are property owners.
Germany has a strong rental culture and tenants tend to live in a property for many years. Therefore, they treat rented property as if it was their own, and this works to the advantages of the owner. Property is let without furniture so tenants must provide their own. This situation might seem a good prospect for investors looking for regular income while they wait for their property to appreciate. |
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CONTACT INFORMATION |
| Contact: |
Sales Team |
| Company: |
TOPS Worldwide T/A theOffPlanstore.com |
| Language(s): |
English,Spanish,German |
| Location: |
England - Help
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| Telephone: |
| Phone numbers |
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Phone 1: 44-1732 897 600
Phone 2:
Fax No: 44-1732 897 601
Mobile:
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| Email: |
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Kitchen:
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Other:
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Local Amenities:
Bars
Restaurants
Food Shops
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Local Activities:
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