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Living space
106
Bedrooms
3
Living rooms
1
Bathrooms
1
Rented since
12/2015
€389,000
€3,677/m²
BUYER COMMISSIONCommission-Free

Highlights

Well-preserved classic Altbau building

South-facing balcony

Storage room

Large, well-proportioned floor plan

Quiet, traffic-calmed neighbourhood

Description

The Building

This beautifully-preserved and recently modernised Altbau bears all of the typical hallmarks of this type of building. With its Art Nouveau staircases, high ceilings and wooden floors, there is plenty of space for you to live your life to the fullest. The newly-designed communal courtyard should tempt you outdoors, too. The apartments within range from completely renovated, to a blank canvas, ready for you to paint your ideal home.

The Apartment

With 4 rooms spread over 112sqm, this apartment certainly offers plenty of space for tenants. There are two spacious living rooms, one of which leads onto a pretty balcony, looking south into the peaceful inner courtyard. The two bedrooms face onto the quiet Guntherstrasse. There is also a large kitchen, with enough space for a dining table, a bathroom, and a practical storage room. This a well-laid-out residential apartment, and a perfect investment.

The Location

Lying between the S-Bahn station Lichtenberg and the Landschaftspark Herzberge, the so-called “Nibelungenviertel” has an exciting history, which is also reflected in the different design approaches and styles. It is a mixture of bustling and relaxed; on one street pretty cafés, on another a new avant-garde art centre. Situated close to the vibrant Friedrichshain and the hip Kreuzberg, it feels like typical Berlin - and yet pleasantly different.

Apartment ID:01
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FEATURES

Balcony

APARTMENT DETAILS

Ground floor

DOCUMENTS

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Exposé
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Floorplan
Visualization and dimensions of the 3D model are for illustrative purposes only and are not binding.

Return calculator

All projections are estimated for a period of 10 years.

RETURN CALCULATOR

Return on equity
10.01% p.a.
Down payment
€169,604
MONTHLY PAYMENT
€299/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€169,604
megaicons/down-payment
  • Purchase Price
    €389,000
  • Closing Costs
    €35,010
  • Opening Loan Balance
    €254,406
  • Initial Cash Investment
    €169,604
RETURN
Return on Equity
10.01% p.a.
  • Initial Cash Investment
    €169,604
  • Opening Loan Balance
    €254,406
  • Ending Cash Balance
    €450,728
  • Ending Loan Balance
    €182,912
GROWTH
Initial Operating Balance
€299/month
  • Initial Rental Income
    €952
  • Initial Rental Costs
    €123
  • Initial Loan Interest
    €530
  • Initial Operating Balance
    €299
Disclaimer: The projected financial performance is purely for illustrative purposes and does not constitute financial advice. The shown financial figures are estimations (“Performance Data”) only. Such Performance Data is based on the current expectations and certain assumptions, of which many are beyond the control of EverEstate Gmbh. These are subject to a number of risks, uncertainties and other factors. EverEstate Gmbh does not guarantee any Performance Data shown; future results and performance may be higher or lower than the Performance Data.
Spacious 4-Room Apartment
Guntherstraße 4, 10365 Berlin

LISTING PROVIDED BY:

ZIEGERT Bank- und Immobilienconsulting GmbH
Schlüterstr. 54
10629 Berlin
The Ziegert Group is Berlin’s leading Real Estate company, and cooperates internationally with Knight Frank. The team of over 200 highly qualified and motivated employees focuses on the sale of apartments, financial consulting, as well as interior design and other property-related services. The goal is to provide a full 360° service to customers in national and international markets.
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