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Rental property for sale in Berlin, Germany, 1100 m²

Rental property for sale in Berlin, Germany, 1100 m² - photo 1
Rental property for sale in Berlin, Germany, 1100 m² - photo 2
Rental property for sale in Berlin, Germany, 1100 m² - photo 3
Rental property for sale in Berlin, Germany, 1100 m² - photo 4
Rental property for sale in Berlin, Germany, 1100 m² - photo 5
Rental property for sale in Berlin, Germany, 1100 m² - photo 6
Rental property for sale in Berlin, Germany, 1100 m² - photo 7
Rental property for sale in Berlin, Germany, 1100 m² - photo 8
Rental property for sale in Berlin, Germany, 1100 m² - photo 9
Rental property for sale in Berlin, Germany, 1100 m² - photo 10
Rental property for sale in Berlin, Germany, 1100 m² - photo 11
Rental property for sale in Berlin, Germany, 1100 m² - photo 12
Rental property for sale in Berlin, Germany, 1100 m² - photo 13
Rental property for sale in Berlin, Germany, 1100 m² - photo 14
Rental property for sale in Berlin, Germany, 1100 m² - photo 15
Rental property for sale in Berlin, Germany, 1100 m² - photo 16
Price€1,120,000
TypeRental property
Covered area1100 m²
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Environment

Description

15 apartments and 15 Parking spaces in the underground garage in Park city Velten, near Berlin. Year built – 1996. Net annual income: 53.411,64 euros Gross annual income: 96.699,12 Euro plus 5,000 euros for underground Parking: 75.000 Euro. The apartments are distributed in 8 multifamily buildings with 54 underground garages. Apartments are mostly a 2 and 3-storey houses that are built in the form of urban villas. The apartment, located on the first floor have terrace and additional space. Equipment: the building has a basement, bathrooms and toilet partly include Windows, kitchen all with Windows. The basement walls were removed from the concrete or concrete WU, exterior walls floors - brick masonry, load-bearing walls in concrete. Discs ceiling discs massif of reinforced concrete, load-bearing interior walls as drywall mounting wall. Plastered facades are equipped with full thermal protection. Ground floor Windows are equipped with blinds. Heating comes from district heating, distribution of heat in the apartments is through a disk heater, or heaters. The floors in the entrance area / stairwell natural stone (granite), primarily in the apartments the carpet in seamless floor, part laminate. Floors in kitchens and sanitary facilities are tiled with ceramic tiles, wall tile for kitchens in the form of an apron, the sanitary facilities up to the height of 2.20 m. the rest of the building interior walls are plastered, papered and painted. The bathrooms are equipped with separate fans, modern bathroom, and Central hot water. Parking space located in a modern, well-lit and the review underground garages with electric doors and traffic lights. Amenities: high speed Internet, water supply, hot water and heating, canalization, electricity, telephone line, satellite TV or cable TV, electronic security, balcony, laminate, bathroom with window, basement, kitchen tiled, bath tiled, fitted kitchen with appliances. Location: in the city of Sochi (about 12,000 inhabitants). The city has its own port. In the future planned expansion of the regional railway and the connection to S-Bahn line (subway) that will make the city more presentable. The apartments are located in a green area in the Western part of the city and built in the form of small villas. The closest train stations are within walking distance. In the area available for boating, Canoeing, Cycling, fishing, riding horses, hunting, shops, restaurants. There is a bus stop, car Park, medical centres, schools and higher educational establishments, kindergarten, shopping facilities, cultural and sports facilities, restaurants and bars, playgrounds.

Extra Сosts when Buying Property

Property Transfer Tax 3,5-6%
Notary Fees 0,7-3%
Legal Costs 0,3-1%

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Ongoing Ownership Costs

Annual property tax for a small flat €70-150 p.a.
Gaz €3-4/m³
Electricity, on average €0,29 KW/h
Water €0,30-0,50/m³
Radio and Cable TV €17/month
Internet ADSL €9,95/month
Fixed Telephone €15-40/month
Management company fees €30-50/month

Additional Services Costs

Agent Fee 3-6%+VAT

Return on Investment

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