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French leaseback property

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Bright studio beside Kurfürstendamm

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Droysenstr
Germany,Charlottenberg ,Berlin

1 room - 37.55 sqm - 38,000 EUR
Good student tenant - willing to move out if required
Current cold rent 169 EUR - below market rate for location

Commission : 2500

Year of construction : 1905
Year of renovation :
Price per sqm : 1011
Cold rent yield 5.33 %

Status: Not available

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The object has a desirable location - a good address for living and for a profitable investment. The Droysenstrasse represents the flair of the Wilhelminian style in the upscale district Wilmersdorf. The calm area is characterized by nearby Kurfürstendamm which is within a few miutes walk, lovingly reconstructed buildings, numerous culture and leisure sites, and excellent transport links. Stores for daily consumer needs and the train station “Charlottenburg” (regional and nationwide transport) are all within walking distance. The connection to the highway is nearby. Even the beautiful castle “Schloss Charlottenburg” and the Olympic stadium are not far away. In addition, various restaurants, cafes and bars are located in the street and the surrounding area.

The central location, beautiful reconstructed old buildings, an excellent transport link as well as good daily shopping opportunities guarantee a metropolitan quality of life. The advantageous location of the apartment promises disproportionately increasing property prices and apartment rents currently typical for the capital.

The common parts

  • Extensive refurbishment and modernisation with attention to detail
  • Expanded attic
  • Picturesque front and hallways
  • Leafy and calm courtyard
  • District heating
  • Harmonic and heterogeneous owner community
  • 81 units in the house
  • Very good state of maintenance

The apartment

  • Ground floor, situated in the corner of two wings with view to the courtyard
  • 516.88/10,000 share in building and ground
  • 1 room, hall, kitchen and bathroom
  • Very bright because of south direction and large windows
  • Wooden double isolated windows
  • Central warm water supply
  • Tiled bathroom with built-in tub
  • Kitchen with tiles on the wall in the working area
  • Connection for washing machine in the bathroom
  • Modern electricity with covered cables
  • Intercom
  • Covered heating and water pipes
  • Dry basement
  • Monthly service charge (if you want to use it yourself): € 126 (including prepayment for heating costs)