Investment opportunity: rented apartment in upcoming central location.
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This attractive construction dating of 1987 offers in total 13 apartments, 9 parking places and 4 garages in the courtyard. Three of the apartments are already sold. All the apartments benefit of a south balcony, good cuts, modern fitted bathrooms, comfortable kitchens and insulated glass windows in every room. The lift stops on every floor.
An advisory opinion attests the excellent state of the building. Small repairs in the attic have already been undertaken. The building is insulated and the cellar is dry and tidy. The tenants also have at their disposal a washing room in the cellar and a bicycle room on ground floor. The garbage room is locked and is equipped with ventilation facilities.
This development has the important advantage of offering a ‘rental fund’, which is a rental guarantee for 5 years, renewable. This option is already included in the purchase price.
If we take as an example the apartment, it would consists here of EUR 8.202,76.
Other subsidizations are insured by the seller: on one hand an amount of EUR 16.373,- included in the purchase price of all the apartments will be held in a special account as a reserve fund for the owner community, on another hand a second amount of, in this example EUR 1.333,- will feed a rental fund.
If an apartment was to be renovated for a new rental, the costs will be supported by this reserve fund.
This is a direct benefit for the buyer: predictable long in advance, even rent payments for all the apartments allowing already on second year a rental income which should be reached after 5 years of normal rent evolution. So no loss of rent between two rentals or during a renovation phase, this option insures a steady rent payment for 5 years renewable. This is also a major advantage to insure the financing payments.
This option is not compulsory. If you do not wish to benefit of the rental fund, you are free to deduct the participation (in this example EUR 8.202,76) from the purchase price.
We are at your disposal at any time for further explanation.
Basic informationen
- City
- 10555 Berlin Berlin-Tiergarten (Show on map)
- Type
- Purchase
- Property type
- Apartment
- Status
- rented (Investment property)
- Floor
- 3 From 4
- Living space
- 66.7 m²
- Rooms
- 2.0
Location
The district Moabit is a kind of "island". Due to its geographical location the Moabit citizens are very often accompanied by nice watersides from the river Spree and several channels (Berlin-Spandauer Schifffahrtskanal, Westhafenkanal and Charlottenburger Verbindungskanal). More than 25 bridges connect Moabit with the bordering districts. One reaches within a short time every central and important location in Berlin, with the public transport as fast as with your own car or the bicycle.
Amongst others the establishments of Audi, BMW, Porsche, Siemes and Mercedes Benz are located in the district. The Technical University and the Fraunhofer Institut are important science centers.
At the border to Moabit and in Moabit one finds cultural, political and structural highlights such as the chancellery, the Ministry of the Interior and the new Central Station of Berlin. And with more than 300 studios from partly very well-known artists the area is becoming more and more a creative hot spot of the German Capital.
A good offering in terms of schools, shopping facilities, cultural locations and the huge public park Tiergarten make this area very attractive.