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Attractive investment in Berlin with potential, commission-free

Letteallee 92, 13409 Berlin (Reinickendorf)
2.500.000 €
862 m²
Living Area
530 m²
Property
Private offer
apartment building or investment property
apartment building

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
OM-302426
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
2.500.000 €
Purchase additional costs
approx. 178,849 €
Total costs
approx. 2,678,848 €

Breakdown of Costs

Purchase price 2.500.000 €
Real estate transfer tax 150,000 € (6.00%)
Notary costs 19,111 € (0.76%)
Land register entry 9,738 € (0.39%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 8,317€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.99%

Details

Number of floors
4
Commercial area
73 m²
Total area
935 m²
Number of units
15
Flooring
parquet, laminate, tiles
Heating
floor heating
Year of construction
1914
Equipment
balcony, terrace, garden, basement, shower bath, fitted kitchen

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

Restaurants
100m
Einkaufen
50m
Sport
200m
Medizin
450m
Kultur
100m
Mobilität
200m
Nachtleben
100m
Natur
350m

Energy

Main energy source
gas

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Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: K. Stollenmeier

Phone: 0171 1228765