City-West Highlight: Located between KaDeWe (a famous department store) and the Zoo, offering panoramic views and guaranteed parking.

Property Description:
For sale is a well-designed 2-room apartment, representing a valuable and stable investment. The apartment is located on the 6th floor of a well-maintained building constructed in 1973 and is easily accessible by elevator. The approximately 60.3 square meters of living space are divided into a bright living room with access to a quiet loggia overlooking the green courtyard, and a spacious bedroom facing Burggrafenstraße. The apartment also includes a separate storage room in the basement, which enhances its appeal to potential tenants.

Condition and Modernization:
The apartment underwent a comprehensive modernization in 2005. These improvements continue to form the foundation for the excellent condition of the property:

* Bathroom: The bathroom features a bathtub, a toilet, and a sink. A special feature is the large, wall-mounted towel radiator, which provides comfort and efficient space utilization. The bathroom is tiled to the ceiling for easy maintenance.

* Kitchen: The functional built-in kitchen, also from 2005, is included in the purchase price and will be rented out along with the apartment. ● Flooring: The entrance area and kitchen were fitted with high-quality, durable tiles. In the living areas (living room and bedrooms), a resilient laminate flooring was installed.
● Windows: Almost all the windows have been replaced with modern, energy-efficient double glazing, which significantly improves the energy efficiency of the property.
Rental Situation:
The apartment has been reliably rented to the same tenants for many years. This existing, uninterrupted tenancy agreement is characterized by stability and a consistent payment history. The current base rent for the apartment is €645. Adding the advance payment for utilities of €380 results in a monthly total rent of €1,025. This property offers predictable income from day one, without the risk of vacancy or renovation costs upon handover.
Conclusion for Investors:
Those looking for a property in an excellent location with minimal administrative overhead will find an ideal investment opportunity here. The total purchase price for the apartment and the underground parking space is €334,000 (apartment €285,000, parking space €49,000). The property currently generates reliable annual net rental income of €8,940, consisting of €645 per month for the apartment plus €100 per month for the parking space. This translates to a solid gross rental yield of just under 2.7%. Combined with the secure, uncomplicated tenancy agreement and the desirable City-West location, this property represents a valuable investment from day one.

Burggrabenstrasse 20 is located in one of the most desirable areas of the Mitte/Tiergarten district. Situated between the Kaufhaus des Westens (KaDeWe) department store and the Zoological Garden, it's right in the heart of West Berlin.

● Shopping & Dining: The Kurfürstendamm boulevard and the Bikini Berlin shopping center are just a few minutes' walk away. The surrounding area offers a diverse range of international restaurants and cafes.
● Nature & Relaxation: The Tiergarten park provides ample opportunities for leisurely walks or sporting activities.
● Transportation: Public transportation links are excellent. The Wittenbergplatz subway station (U1, U2, U3) and the Zoologischer Garten train station (regional and long-distance trains, S-Bahn, subway) offer perfect connections in all directions of Berlin.