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SE Berlin Alt Bau - 15 Bed Mixed Use in Kopenick

Home » German Property » For Sale » Germany » Berlin » Kopenick » 15 Bed Mixed Use

Property ID: 371840

Mixed Use

Price : €1,264,800

$1,567,702 €1,264,800 £871,612

Key Features

  • - Whole Block: 15 units, mixed use in beautfiul Kopenick, SE Berlin
  • - 100% occupied with good history
  • - Net 6% yield (€76,032.24 per annum)
  • - Competitively priced at €962/m2
  • - Tenant covers most annual costs
  • - Secure notary accounts used by law

Net 6% yield, €962/m2 from our local bank contact: 15 unit, Alt Bau block in SE Berlin. 100% occupied, 50% mortgage. F/H, mixed use, renovated/ self managed, lots of character, established management company. Inspection trips encouraged

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Quote Property ID: 371840

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Full Description

Kopenick, SE Berlin

Situated 20mins overground (15km South East) from Alexanderplatz in Berlin City Centre, Kopnick Borough was the largest in Berlin by area prior to the 2001 administrative reform.  It also has the largest percentage of its area covered by forests and water, making it an attractive area to live in.  The Muggelberge hills in South East Kopenick are 114.7m above sea level, making them the highest natural point of Berlin. Lake Muggelsee is the largest lake in Berlin and Kopenicker Stadforst is the largest forest.   Kopenick lies at the confluence of the rivers Dahme and Spree.  The Royal Palace is here, along with a Baroque castle and an old town centre which still stands since the War.  During the Cold War, Kopnick was actually part of East Berlin

The project

This is a mixed use whole block that has recently been renovated in one of Berlin's most attractive districts, Kopenick. The block is traditonal, or Alt Bau, which is the type of building most in demand.  The block is freehold, contains 15 units which are 100% occupied and provides a net yield of 6% per year or €76,032.24.  Our local bank can finance the project at 50% LTV, which is standard in Germany.

 

To understand the development and local area, inspection trips are encouraged and available upon request as soon as you require.  A full cost and purchase breakdown is available upon request.  If you are serious about purchasing whole block investments in Berlin, please enquire and our Senior Product Manager will respond.


 

 

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Make A Telephone Enquiry

Call: +44 (0) 871 218 1228

Quote Property ID: 371840

Calls charged at National Rate

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Disclaimer

All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.

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