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The apartment is set within a beautiful Altbau that was refurbished in 2016 to high quality modern German standards. The apartments in the building are bright and spacious with high ceilings and original Altbau features such as the large decorative wooden doors. This apartment currently has a net rental income of 3,10€/sqm per month. However there is potential to increase this - the government ruling on rental prices (Mietpreisspiegel) for this area allows a maximum rent of 10€/sqm to be charged (return of 4,4%). We can advise you on measures which can be taken to increase rental income. Additional Information Black Label's international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin. We can provide you with a varied choice of properties to suit your needs. Just send us your search specification, including: - Property style - Budget - Location - Investment or own use For advice on financing your Berlin property purchase, please get in touch with a member of the team. Our mortgage team is able to offer up to 70% to international clients, and our lawyers are at hand to explain the legal process of buying real estate in Germany. Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.ObjectdataObject ID: 103Property Type: ApartmentAddress: 10829 Berlin / SchonebergFloor: 1Floors in building: 6Living area approx:: 55 m2Area approx.: 55 m2Renatble area ca.: 55 m2Rooms: 2Bedrooms: 1Bathrooms: 1Units: 1Heating system: Gas heatingYear of construction: 1900Condition: Well maintainedStatus: tenantedMaintenance fees: 176 EURNet rent: 72 EURRental income: 859.32 EURPurchase price: 149,500 EUR
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