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Investment property: Apartment for sale in a prime location in Berlin-Mitte, based on a right of usufruct.

10117 Berlin (Mitte)
639.000 €
3
Room
110 m²
Living Area
Private offer
Apartment

For sale is a luxury apartment (built in 2014) in one of the best locations in Berlin: very close to the "Spittelmarkt" U2 subway station, and near the Foreign Ministry, the Berlin Cathedral, Museum Island, the Spree Canal, and the New Palace/Humboldt Forum. This exceptional property is suitable for investors seeking a stable and appreciating asset for their retirement or for the future of their children/grandchildren. For sale is an exclusive 3-room apartment, offered on the basis of a usufruct right, granting the sellers (aged 80 and 82) the lifelong right to reside in the property. In exchange for this, a significant reduction in the purchase price, well above the standard calculation formula, is offered, setting the price at €639,000. The market value, including the underground parking space, is €1.187 million. The advantage for the buyer is a secure real estate investment with the potential for appreciation. The investment is protected against inflation, and the market value is expected to increase in the coming years, particularly in the capital city of Berlin, according to forecasts. The monthly operating costs will be covered by the sellers. The furniture is included in the sale price. (This may be relevant if the apartment is to be rented furnished after taking possession.)

Features of the 110 square meter, 3-room apartment:
Parquet and tile flooring, overall high-quality construction, triple-glazed windows, etc. Ceiling height: 2.85 meters. Includes a separate, built-in kitchen and a pantry; two covered balconies, a guest toilet with shower, a bathroom with an infrared sauna, and a double sink. The bedroom is located in a quiet area overlooking the green courtyard. Includes a parking space in an underground garage! PRIVATE SALE: no realtor fees!

Are you interested in this apartment?

Object Number
OM-440645
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
639.000 €
Purchase additional costs
approx. 46,520 €
Total costs
approx. 685,520 €
HOA fee
411 €

Breakdown of Costs

Purchase price 639.000 €
Real estate transfer tax 38,340 € (6.00%)
Notary costs 5,403 € (0.85%)
Land register entry 2,778 € (0.43%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 2,386€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.60%

Details

Condition
As good as new
Number of floors
7
Level
2nd floor
Usable area
16 m²
Bathrooms (number)
2
Bedrooms (number)
2
Number of underground garages
1
Number of parking lots
1
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
2014
Equipment
Balcony, Basement, Elevator, Shower bath, Fitted kitchen, Guest toilet, Barrier-free
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

Location Check

Culture
Eating Out
Shopping
Sports
Public Transport
Nightlife
Child Friendliness
Health
Nature

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Energy efficiency class
B
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
65.00 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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