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Schöneberg, EisakstrasseOtzen Strasse Schöneberg
Peter Vischer Strasse
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Lunderstraße is a wonderful quadrangle-style renovated 1920s apartment building, where our clients can purchase fully tenanted properties with a secured minimum rental income of 4% p.a. for 10 years.
Together with our partner in Germany, we can offer a unique investment package to make Berlin not only attractive but incredibly secure:
- 10 yr secured minimum rental of 4% p.a. of the price of the property
- 10 yr repair and modernisation guarantee on your apartment
- 10 yr property and rental management including tenant support, rent administration, operation cost accounting- an incredible advantage for total hands-off investing
For complete peace of mind and added security to your investment, the rental income is secured for 10 years and will be a minimum of 4% of the price of the property.
Validus can assist you with the financing in Germany of your Berlin investment. Mortgages are in Euro and are available to non-residents. Bear in mind eligibility is more limited than other European countries with a maximum of 50-60% LTV usual.
Payment schedule is as follows: €3,000 as the reservation deposit with the remaining cash contribution due within 4 weeks and the balance due within 3 months. The side costs include 4.5% stamp duty in the state of Berlin and 2.9% solicitor and government costs. Immediate possession takes place on exchange of contracts.
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