Rental Yield: 3.9 %
Residential complex consisting of 3 separate buildings and 24 apartments located right beside new BER International Airport of Berlin.
This portfolio of 23 tenanted apartments are situated within 3 buildings located 30 minutes to the city centre of Berlin. The buildings are in good condition with no big refurbishment needed for upcoming years. Although it is close to the airport this is a nice residential area to live with very good access to the public transport system as well as highway to the airport. Waltersdorf offers everything needed for young families, such as shops, kindergartens, supermarkets and IKEA within walking distance
Units: 24 apartments
Current rent: €150,094 (factor 25)
Rentable Sqm: 1,611 sqm
Avg price per Sqm: €2,333
Avg price per unit: €156,666
Mortgage included: Opt
Located close to the new international airport this property offers a great potential for growth in the upcoming years. The demand for residential units is expected to heavily increase once the airport is fully opened in October 2020, as many international companies already started to reserve business locations close to the airport and currently wait for the airport to open to start running their businesses and locate their staff there.
KEY REASONS TO INVEST
- RENT: Fully rented with a very attractive rental yield of 3.9%.
- FULLY MANAGED: German based Property & Investment Management
Schönefeld area is located about 22 km southeast of the Berlin city centre, next to one of Berlin’s two airports, Berlin Schönefeld (SXF), which is to be replaced in by Berlin Brandenburg Airport (BER). Every year the airport alone handles over 13 million passengers by serving mainly European metropolitan and leisure destinations.
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