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Living space
55
Bedrooms
1
Living rooms
1
Bathrooms
1
Rented since
03/2004
€202,131
€3,700/m²
BUYER COMMISSIONCommission-Free

Highlights

Well-preserved building dating from the “Gründerzeit”

Garden

Bright rooms in front building

Modernised communal property

Family-friendly residential area near several parks

Description

The Building

The classic period building has four stories, plus a basement with space allocated for each apartment. Nearly all apartments have balconies, offering the chance to enjoy street views, or a look into the green oasis of the inner courtyard. The apartments themselves all have soaring ceilings and are generously appointed, creating the perfect canvas on which to paint a domestic dream. Double windows and intricate Altbau detailing throughout add to the evocative charm felt throughout the building.

The Apartment

A 2-room apartment with a small garden - for many tenants this is the ultimate. Even better if the garden area is directly connected to the kitchen. The currently rented apartment also makes a good overall impression - with two large rooms, a storage room and a bathroom with tub and plenty of natural. This kind of thing is usually not found in old buildings of this type. This offers you the opportunity to benefit from the development of the trendy Neukölln in a quiet, well-connected neighbourhood.

The Location

Located in Neukölln’s Körnerkiez, the building lies on a peaceful residential street. Local, family owned businesses are abundant in this area, as is a unique, creative spirit that is hard to match. Close by is Körnerpark, a beautiful green space reminiscent of a palace garden. The larger area is famous for its vibrant atmosphere and array of quirky bars, restaurants, and shops. Around here, historic houses of Rixdorf, the community founded in 1737 by Bohemian refugees, can be found nestled alongside artists’ studios and lively new establishments. It is a place with a strong sense of community, where people from all walks of life find a place to call home.

Apartment ID:16
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FEATURES

Main Flooring: Floorboard

APARTMENT DETAILS

Firing: Gas
Heating: Individual
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
7.22% p.a.
Down payment
€88,129
MONTHLY PAYMENT
-€94/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€88,129
megaicons/down-payment
  • Purchase Price
    €202,131
  • Closing Costs
    €18,192
  • Opening Loan Balance
    €132,194
  • Initial Cash Investment
    €88,129
RETURN
Return on Equity
7.22% p.a.
  • Initial Cash Investment
    €88,129
  • Opening Loan Balance
    €132,194
  • Ending Cash Balance
    €234,206
  • Ending Loan Balance
    €95,044
GROWTH
Initial Operating Balance
-€94/month
  • Initial Rental Income
    €264
  • Initial Rental Costs
    €83
  • Initial Loan Interest
    €275
  • Initial Operating Balance
    -€94
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.
Charming Investment Apartment in Popular Kiez
Bruno-Bauer-Straße 16, 12051 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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