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Sunny Balcony on Upper Floor Apartment

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Living space
75
Bedrooms
2
Living rooms
1
Bathrooms
1
Rented since
08/2001
€327,860
€4,350/m²
BUYER COMMISSIONCommission-Free

Highlights

Historic building, dating to 1886, renovated in 2014-15

Apartment renovated and modernised in 2008

Quiet garden-house location

High ceilings (c. 3.2m) and lots of natural light

Very good transport links and infrastructure

Description

The Building

Constructed during in the late 19th century in the Wilheminian style, the residential building at Graefestrasse 9 offers a high quality of life in one of Berlin’s most desirable neighbourhoods. The front of the building presents an attractive, historic stucco façade with white moulding and red bricks.

The Apartment

The elegant apartment, modernised in 2008, features the high ceilings, moulded stucco features and large windows typical for these buildings, and a large, south-east facing balcony. This fourth-floor property offers 75sqm of living space, comprising a large hallway opening into a spacious dining room, a double-bedroom and bright living room. Whilst inhabitants can enjoy all the features and trimmings of a historic building, amenities such as the wiring, heating and plumbing have all been replaced and updated to satisfy modern standards.

The Location

The location is unrivalled: situated in a neighbourhood that takes its name from the very street that the building is on, Graefekiez is a unique and highly sought-after place to live. Here, diversity, culture, and a spirit of fun come together to provide the ideal backdrop for the perfect lifestyle. Berlin is on your doorstep, with excellent connections to nearby Schöneberg, Mitte, and Neukölln. With the Landwehr Canal, Hasenheide Park, and Tempelhof airfield nearby, and an underground station just around the corner, life will never be dull.

Apartment ID:30
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FEATURES

Balcony
3m Ceilings
Main Flooring: Floorboard
Cellar

APARTMENT DETAILS

Firing: Gas
Heating: Central
4th floor

DOCUMENTS

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Exposé
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Floorplan

Condition

Ready to move in

Needs no work
Move in immediately
Highest standards
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
7.26% p.a.
Down payment
€142,947
MONTHLY PAYMENT
-€139/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€142,947
megaicons/down-payment
  • Purchase Price
    €327,860
  • Closing Costs
    €29,507
  • Opening Loan Balance
    €214,420
  • Initial Cash Investment
    €142,947
RETURN
Return on Equity
7.26% p.a.
  • Initial Cash Investment
    €142,947
  • Opening Loan Balance
    €214,420
  • Ending Cash Balance
    €379,886
  • Ending Loan Balance
    €154,163
GROWTH
Initial Operating Balance
-€139/month
  • Initial Rental Income
    €388
  • Initial Rental Costs
    €80
  • Initial Loan Interest
    €447
  • Initial Operating Balance
    -€139
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.
Sunny Balcony on Upper Floor Apartment
Graefestraße 9, 10967 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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