Berlin • 109 m² • P-156-215Entering Berlin Neukölln significantly below market value
Market rent between €8.50 and €12 vs. actual rent at €6.78
Favorable entry in Berlin due to low actual rent
Bus stop next door, S-Bahn 300m away
€349,600Purchase price
€477,000Market assessment

Property details

Living space
109.00 m²
Rooms
3
Bathrooms
2
Floor
Third floor
Stories in building
4
Year of construction
1961
Balcony
Yes
Fitted kitchen
Yes
Guest toilet
Yes
Basement
Yes

Energy & Condition

Last modernization (Building)
2010
Condition
Well kept
Energy certificate
Present
Heating system
Central heating
Heating
Gas heating

Rent

Net cold rent
739 €
Market rent
1,327 €
Initial gross yield
2.5%
Renting status
Currently rented
Rental agreement exists since
09/2014

Monthly recurring costs

Maintenance reserve
58 €
Non-allocable costs
87 €

Special features

One time costs

Real Estate Transfer Tax
20,976 €
Broker Commission
12,481 €
Notary Fees
5,244 €
Land Registration Entry
1,748 €
Total
€40,449
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