Berlin, Borussiastrasse 76 1

Description

On the ground floor of a well-kept residence, a three-room apartment with an area of ​​86 m² is offered for sale. The property yields a current return of 3.72%. The apartment has a sun terrace. The apartment is rented.

The sun terraces are very spacious. They have a beautiful view and give the apartment a friendly and bright atmosphere. You will find several parks in the immediate vicinity. The building has a central oil heating.

INVESTMENT INFORMATION
Asking price: € 206.000,- 
The apartment is currently rented. The yearly rental income is: € 7.668,-
Forecast gross yield: 3,72%

BUILDING
A beautiful and well-maintained building in the heart of Tempelhof. The building offers all the advantages that every resident or investor seeks: both in terms of the condition of the building and the price of the apartment, as well as its location. The building was built in 1980, has 5 floors and 10 apartments. The building has a lift, which is rare find in old buildings. Each apartment has one balcony – some even have two. The building has a nice backyard and a bike storage room. In addition, there are plenty of parking spaces in the area.

Real estate prices here are extremely low compared to the current practice in the city – between 2200 and 2800 € per square meter compared to 5000 € per square meter. This is a rare investment opportunity: a rapidly developing city, low equity and attractive financing conditions.

The building is just a short walk from the U + S train station Tempelhof, from where you can get everywhere quickly and easily. In addition to the proximity to the Tempelhof field, which is very popular among the locals, you will find several small parks nearby. There are also countless shops, restaurants, pharmacies and gyms in the area.

AREA
The district Tempelhof-Schöneberg probably has some rough corners, but on the other hand well maintained and prestigious areas. Here you meet people with beautiful and tastefully decorated houses that you might not notice at first glance, due to the rather modest look from the outside.

Population: 346,108

Area: 53.05 km²

Residential units: 181,149

In the Tempelhof district, the location of the property affects the rent level. (North-South). Again, the proximity to the city has a decisive influence on the rent. You will find here a variety of buildings. In the vicinity of former villages, you will find neighborhoods with buildings from the Wilhelminian period. Tempelhofer Feld is the largest open space in the city, there are large commercial areas and green residential areas; in the south the pre-urban estates of the 70s and areas with private houses.

Property information