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Living space
42
Bedrooms
1
Living rooms
Bathrooms
1
Rented since
10/2007
€176,736
€4,200/m²
BUYER COMMISSIONCommission-Free

Highlights

Compact floor plan

Naturally-lit bathroom with shower

Bright combined living/bedroom

Kitchenette

Traffic-calmed neighbourhood

Description

The Building

Though somewhat unassuming in looks, this building is refined and multi-faceted. The simple blue façade is contrasted by coloured projecting elements and partially inset balconies. The five floors and attic feature 18 apartments ranging from 42-111 square meters. The L-shaped building is mostly barrier-free with walk-in showers and some wide-format doors. On the ground floor, a large storefront with inviting windows offers an opportunity for a wide range of businesses. Enjoy peace and sunlight inside cultivated green gardens away from the street in the redesigned and replanted inner courtyard.

The Apartment

This is a compact single apartment east of the trendy Friedrichshain district, which has a lot to offer. Currently well rented, it offers an attractive layout in which you feel comfortable right away. This is thanks to the large combined living-bedroom with a row of windows to the south and the bright kitchenette, as well as a bright, naturally-lit bathroom with shower. The result: living with a feel-good factor.

The Location

This is a tremendous location, in a hugely popular part of the city. Whether you’re seeking the chicness of Mitte or the cosy atmosphere of Kreuzberg – you’ll find everything you could need here. From the Turkish Market to organic food stores, from the party scene to idyllic retreats, from street art to renowned galleries, Kreuzberg has it all. The finest shopping areas, the most beautiful squares, and the majority of Berlin’s tourist attractions can be found nearby in neighbouring Mitte. Not far from the river Spree, the building also has several relaxing, green oases nearby. The local population is international and educated, and the youngest in the city.

Apartment ID:12
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FEATURES

3m Ceilings
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Elevator
Main Flooring: Laminate
Cellar

APARTMENT DETAILS

Firing: Distance
Heating: Central
4th floor

DOCUMENTS

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Exposé
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Floorplan

Condition

Needs minor fixes

No costly repairs
Ready to move in
Flexibility of design
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
8.38% p.a.
Down payment
€77,057
MONTHLY PAYMENT
€13/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€77,057
megaicons/down-payment
  • Purchase Price
    €176,736
  • Closing Costs
    €15,906
  • Opening Loan Balance
    €115,585
  • Initial Cash Investment
    €77,057
RETURN
Return on Equity
8.38% p.a.
  • Initial Cash Investment
    €77,057
  • Opening Loan Balance
    €115,585
  • Ending Cash Balance
    €204,781
  • Ending Loan Balance
    €83,103
GROWTH
Initial Operating Balance
€13/month
  • Initial Rental Income
    €306
  • Initial Rental Costs
    €53
  • Initial Loan Interest
    €241
  • Initial Operating Balance
    €13
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.
Modern Studio Apartment
Adalbertstraße 39, 10179 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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