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€205,410 EUR

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Ref 2194455 | Berlin, Berlin | 2 Bedroom Apartment

Currency services provided by PureFX 205,410 EUR  |  Approx.£176,879 GBP  |  Approx. US$219,830 USD
  • Type: Apartment
  • Location: Berlin
  • Province: Berlin
  • Country: Germany
  • Bedrooms: 2
  • Bathrooms: 1

Built as a terraced development in 1930, these beautiful altbau apartment buildings on Silberstein- and Hertastrasse are located in Neukoelln, one of Berlin's most popular neighbourhoods. Spread over five floors, there are various apartment sizes available ranging from 1 to 4 bedrooms, and from roughly 49 to 87 square metres. Perfect for singles, couples or families, the units are conducive to forming a close-knit co-housing community. The facade was recently repainted in a warm grey hue in 2015/2016. Additional work has been done on the property including the refurbishment of windows and roof terraces. By summer of 2017 the hallways will have been repainted in a new colour scheme, and the playground on the court side will have been overhauled. Balconies and windows will overlook the tranquil sanctuary of the backyard. All apartments are heated via gas-powered central heating units. Tenants also have access to cubicles in the basement which provide additional storage space. This is an excellent investment opportunity as the rental income for this apartment has been €383.25/month since 1993, with a rental return of 2.05% p.a. 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

Object ID: 160_3
Property Type: Apartment
Address: 12051 Berlin / Neukolln
Floor: 1
Floors in building: 6
Living area approx:: 64 m2
Area approx.: 64 m2
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Balconies: 1
Heating system: Gas heating, Single-storey heating system
Year of construction: 1930
Status: tenanted
Maintenance fees: 186 EUR
Buyer's commission: 7.14% of the purchase price including tax. Including Tax
Net rent: 383 EUR
Purchase price: 205,410 EUR

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