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This beautiful altbau apartment built in 1910 features the inviting tall entrance doors typical of buildings from this era, as well as other traditional features such high ceilings and large windows. These not only maintain the character of the building, but also come together to create a bright and welcoming living space. In 2016 the building underwent renovation works, including redecoration and insulation improvements to the facade, and repair and replacement works to the windows. The property consists of a front house, rear house and one side wing, and has a total of 32 residential units plus one commercial unit, divided across five floors plus penthouses. Many come with a balcony or loggia and the penthouses each have a roof terrace giving views over the city. The property also has two green inner courtyards providing a retreat from the bustle of the city. This is an excellent investment opportunity; the rental income for this apartment has been €640.83/month since 1966, giving a rental return of 2.7% 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 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: 165_3Property Type: Apartment, Penthouse apartmentAddress: 14059 Berlin / CharlottenburgFloor: 1Floors in building: 6Living area approx:: 99 m2Area approx.: 99 m2Rooms: 3Bedrooms: 2Bathrooms: 1Separate WC: 1Balconies: 1Heating system: Central heatingYear of construction: 1910Status: tenantedMaintenance fees: 322 EURPurchase price: 281,780 EUR
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