Apartment for Sale in Berlin

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€178,000 EUR

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Ref 2194872 | Berlin, Berlin | 1 Bed Apartment

Currency services provided by PureFX 178,000 EUR  |  Approx.£153,276 GBP  |  Approx. US$190,496 USD
  • Type: Apartment
  • Location: Berlin
  • Province: Berlin
  • Country: Germany
  • Bedrooms: 1
  • Bathrooms: 1

This beautiful altbau apartment building on Kaiserin-Augusta-Allee dates back to 1905, but has undergone several rounds of renovation and preservation works since the 90s. Further works are anticipated including a repaint of the building's facade as well as renovation of all balconies and staircases. The building is five floors tall and has a green inner courtyard, providing a perfect peaceful retreat. The south-facing side of the building has stunning views over the river Spree. This is an excellent investment opportunity; the rental income for this apartment has been €331,20€ /month , giving a rental return of 2,23% 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.

Object ID: 100_4
Property Type: Apartment
Address: 10553 Berlin / Mitte
Floor: 1
Floors in building: 5
Living area approx:: 46 m2
Area approx.: 46 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Heating system: Gas heating, Single-storey heating system
Year of construction: 1905
Condition: Well maintained
Status: tenanted
Purchase price: 178,000 EUR

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