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Berlin Charlottenburg Investments with guaranteed income [ SOLD ]

 Region: Berlin

 Price: EUR € 73 000

 Bedrooms: 2

 Property Type: Apartment

 Development State: Developed
 
Amenities: Schools, Shops, Bars & Restaurants, Nightclubs / Casinos, In City Description:
Berlin Charlottenburg

Koenigin Elisabeth Str 55

Three tailor made by to let investments for sale!

4,5% yield
central Berlin
newly refurbished
rental income guaranteed for 5 years


This spacious and newly refurbished 6 story house is totally rented and returns a 4,5% p.a.
Close to all amenities, parking available, with elevator and balconies.

The facade has been recently reworked, including the 4 hallways. All windows have double glazing and are being reworked now. Central heating and low energy costs.

TE1: Ground-floor, Small shop as tenant, 80 sqm: €96,000
TE2: Ground-floor, Shop as tenant, 135 sqm: €135,000
WE24: First floor, private tenant, 56,11 sqm: €73,000


Pricing and Deposit:

The Price includes VAT and is excluding the commission and transaction fees. Additional costs are for the notary and the finance provider. No stamp duty in Germany,
no council taxes.

For British Citizen a 50% Deposit is needed to get finance approved in GER, however some British banks might lend money below that percentage when proof of income in the UK.

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