Double depreciation (4.55%) - No commission - Rental apartment in Steglitz - Perfect for investors.

Tax Benefits: A valuation report estimates the remaining useful life of the property at 22 years, which could allow for an increased depreciation rate of 4.55% – more than double the usual rate of 2%. Current annual net cold rent: €9,931.91 plus €5,664 in annual operating cost advance payments. The building service charge is €590, but the majority of this can be factored into the operating cost settlement. Currently, there is a legal restriction period of approximately 6 years, meaning that personal use of the property would only be possible after this period. Until then, you can benefit from stable rental income with reliable tenants. This apartment is attractive due to its long-standing and extremely stable rental relationship. The tenants have lived here since 1982 – a clear sign of reliability and continuity. The condition of the apartment reflects its long tenancy, so the apartment would need to be renovated if a new tenant were to move in. This stylish, older-style apartment features three well-proportioned rooms, high ceilings, a separate kitchen, a bathroom, and a balcony. This property offers both a practical layout for everyday living and the potential for an attractive redesign in the future. Features of the apartment:
Bright, spacious rooms
Partially preserved original wooden floorboards
Spacious kitchen
Modern, energy-efficient double-glazed windows that complement the building's historical character
Efficient gas central heating system
Convenient storage room in the basement
Thanks to its historical structure, consistent rental history, and desirable location, this apartment represents an excellent investment opportunity with significant potential for appreciation.

Just a short walk away is Schlossstrasse, one of Berlin's most important shopping streets, offering a wide selection of shops, cafes, restaurants, and service providers.

Bergstrasse, with its additional retail stores and local businesses, is also very easily accessible.