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Spacious, Well-Laid-Out Investment Apartment

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Living space
104
Bedrooms
2
Living rooms
1
Bathrooms
0
Rented since
10/2010
€359,000
€3,440/m²
BUYER COMMISSIONCommission-Free

Highlights

Well-preserved classic Altbau building

West-facing balcony

2 storage rooms

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 over 100sqm of space, 3 spacious rooms and a pretty, west-facing balcony, this is a wonderful residential apartment. One bedroom, with its own walk-in wardrobe, faces into the peaceful inner courtyard, while one looks onto the quiet Guntherstrasse, and even has a balcony. The living room is next door, and also enjoys the balcony. Beyond this, the kitchen is large enough for a dining room, and there is a further storage room, which could be converted into a home office. This apartment is perfect for families, and makes a solid 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:03
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FEATURES

Balcony

APARTMENT DETAILS

1st 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
8.26% p.a.
Down payment
€156,524
MONTHLY PAYMENT
€6/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€156,524
megaicons/down-payment
  • Purchase Price
    €359,000
  • Closing Costs
    €32,310
  • Opening Loan Balance
    €234,786
  • Initial Cash Investment
    €156,524
RETURN
Return on Equity
8.26% p.a.
  • Initial Cash Investment
    €156,524
  • Opening Loan Balance
    €234,786
  • Ending Cash Balance
    €415,967
  • Ending Loan Balance
    €168,806
GROWTH
Initial Operating Balance
€6/month
  • Initial Rental Income
    €615
  • Initial Rental Costs
    €120
  • Initial Loan Interest
    €489
  • Initial Operating Balance
    €6
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, Well-Laid-Out Investment 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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