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Property for sale

€5,400,000

Pankow, Berlin, Germany

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Call: 03339 396002

Full description:

This historical building was built in 1910 and completely redeveloped in 2008/2009. It won't be necessary to add further maintenance investments in the future.

The refurbishment measures were extensive:

* Full building insulation
* New roof with new construction,
* New tiles on various floors
* Installation of news windows according to the German law of energy saving (EnEV)
* Floor plan optimization
* New telephone and TV connections
* Addition to garden side balconies
* Elevatori installed

Highlights:

* Units: 44 apartments, 1 commercial unit
* Apartment sizes: 45-144 m2
* Total rentable area (approx.): 3.674 m2
* Annual basic rent: 304.800 EU p.a.
* Plot size (approx): 1.721 m2
* Buying factor (approx): times 17.71
* Yield (approx): 5.64% p.a.
* Purchase Price: 5.400.000.00 Eu plus 7.14% Commission ( 1470 Eu m2)

Location

Since the Berlin's 2001 administrative reform Weissensee is part of the Pankow district. The area is Named after the small lake Weisser See (White Lake). People who move here are lookinig for a balanced life between urban life and nature . This area is surrounded by historical architecture villas, parks and recreational activities space.

Commission

The local commission of 7.14% (including VAT) is payable upon notarization.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Tegel (International), 7.7 miles
  • Tempelhof (International), 10.7 miles
  • Schönefeld (International), 22.8 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Rubina Real Estate, Berlin

Charlottenstraße 18, 10117 Berlin, Germany.
03339 396002  Local call rate
About Rubina Real Estate, Berlin


Rubina Real Estate GmbH is a full service real estate agency based in Berlin with offices in Hong Kong, Vietnam, China, Washington and Singapore.


Competence:

• Deep knowledge of German real estate market, with special focus on Berlin
• Extensive and senior network, including notaries, banks, architects, accountants, tax advisors and lawyers
• Multilingual and individual consulting approach

Service:

1. PROPERTY SEARCH ASSISTANCE: We understand your needs and find tailored investment opportunities

2. PRE-PURCHASE ADVICE: Organizing on-site inspection trips and managing negotiations with the owners are important aspects of our services. We ensure that the quality of our offers is in line with the market.

3. PURCHASE PROCESS ASSISTANCE: Property investments in Germany are complex and require professional advice – WE PROVIDE IT.

4. AFTER-SALES ASSET MANAGEMENT: Once the property has been bought we want you to lean back and relax – WE WILL LOOK AFTER THE REST.


Disclaimer

This is a property advertisement provided and maintained by Rubina Real Estate, Berlin (reference 56697_BERL025400000) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Rubina Real Estate, Berlin

Charlottenstraße 18, 10117 Berlin, Germany.
or call 03339 396002
Calling from outside the UK? 00493041717040

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