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- Attractive investment in Berlin with potential, commission-free
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Attractive investment in Berlin with potential, commission-free
Letteallee 92, 13409 Berlin (Reinickendorf)The vibrant metropolis on the River Spree is becoming increasingly popular: with almost 3.9 million inhabitants, Berlin is the most populous city in Germany - and tens of thousands of people from Germany and abroad are arriving every year. The reason: Berlin is also known beyond Germany's borders as a trendy metropolis. Thanks to its positive economic development, the city has a growing gross national product and excellent career prospects. Germany is the leader in the eurozone and Berlin is developing even better than the German average. As the most populous city in Germany, Berlin also has the largest real estate market: there are around 1.84 million apartments in the entire city area, which are located in around 128,000 residential and commercial buildings. Due to the strong population growth, the demand for apartments in Berlin is constantly increasing - the real estate market is flourishing. The positive climate on the market is attracting not only German but also international investors, who have discovered the German capital as an attractive investment location.
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Object Number
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OM-302426
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Object Class
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apartment building or investment property
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Object Type
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apartment building
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Handover from
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by arrangement
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Purchase price & additional costs
purchase price
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2.500.000 €
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Purchase additional costs
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approx. 178,849 €
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Total costs
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approx. 2,678,848 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 8,317€
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Details
Number of floors
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4
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Commercial area
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73 m²
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Total area
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935 m²
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Number of units
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15
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Flooring
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parquet, laminate, tiles
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Heating
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floor heating
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Year of construction
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1914
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Equipment
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balcony, terrace, garden, basement, shower bath, fitted kitchen
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Location
The district of Reinickendorf is the twelfth administrative district of Berlin. It is named after the district of the same name, Alt-Reinickendorf, and is located on the north-western edge of Berlin. The neighboring districts are Spandau to the southwest, Charlottenburg-Wilmersdorf to the south, Mitte to the southeast and Pankow to the east. The entire north borders the Brandenburg district of Oberhavel. The Reinickendorf district in Berlin is a highly sought-after and popular residential area due to its established middle-class structures, its wide range of parks and wooded areas and its good transport links to Berlin city center. However, the individual locations must be viewed in a differentiated manner. The micro-location of the property is decisive. Just a few hundred meters can make a serious difference.
The assessed apartment building is located in a quiet side street in the Berlin district of Reinickendorf. The residential area is characterized by a mixture of Wilhelminian-style houses, reconstructions from the 1960s and new buildings, as well as the direct juxtaposition of residential and commercial use. The Schäfersee lake and the popular Tegeler See/Tegeler Forst recreational area, one of the largest contiguous areas of forest and water in Berlin, are in the immediate vicinity. The nearby Residenzstraße offers very good shopping facilities. Transport links are good both by car and by public transport, e.g. Fanz-Neumann-Platz subway station and Wollankstraße S-Bahn station, and Berlin city center can be reached in approx. 15 minutes.
Location Check
Energy
Main energy source
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gas
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Miscellaneous
Topic portals
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Offer from: K. Stollenmeier
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