Very well maintained and modernized housing ensemble, built in the late 1959's. The gardens are very generous. In the past 10 years were continuously made modernisations and renovations - particularly in the common property. This very well rented apartment is on the 2nd floor. Bathroom with window.
The houses were built in solid construction. The heating and the hot water procesing take place centrally by oil. The apartment is equipped with new double glazed windows.
Very green city location and the fourth largest district of Berlin, which has a variety of green areas, forests and lakes. Main attractions include the ”Zitadelle”,the St. Nicholas Church, the historic old town, the Air Force Museum and observatory. The town Spandau was in 1232 first documented. The apartments are located in the district Berlin Spandau, surrounded by lakes and rivers, which offer a variety of leisure and recreational facilities. Even schools, kindergartens, doctors, swimming pools and a variety of shops are located nearby. There are many bus stops around and the bus brings you quickly to the “Spandau Arcaden” or S- and U-Bahnhof Rathaus Spandau. In just eight minutes, you are already in neighboring South Park and “Grimnitzsee”. In 15 to 20 minutes you reach the “Pichelssee”, “Scharfe Lanke” and “Stößensee” that invite for walking, rowing and sailing, and provide an ideal and diverse recreational area. The highway is close and you can be reacg the City West with its numerous shopping opportunities or westwards the surrounding countryside with the connection to the B5 and the Berliner Ring A10.
YIELD (+): This yield is the ratio of the annual net rental income of about 3,120 euros and the purchase price of 71.700, - Euro. This rate is approximately 4.35%. The non-recurring purchase costs are not included in this yield calculation. The purchase costs of the buyer are: 1) property transfer tax of 6% of the notarial purchase price; 2.) notary and legal costs of up to 2% of the notarial purchase price. Possible costs for financing are not taken into account. NOTE: These apartments are all rented and (not for Self Use ) suitable as an investment. Rent increases are within the legal possibilities, in particular on the basis of updated 2-year rent index, at periodic intervals, possible. Other flats and residences for investment upon request!