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French leaseback property

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Luxurious Schnoeberg studio

main development picture from berlin property

7 more photos 

Etaler (b)
Germany,Schoneberg ,Berlin

studio - 30 sqm - 65,000 EUR
2nd floor of 6
mortgage now possible on this apartment at maybe more than 70% of price
50,000 without renovation
lift in building

Commission : 5%

Year of construction : 1960
Year of renovation : 2009
Price per sqm : 2166
Cold rent yield 7.30 %

Status: Available

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If you search for the other Etaler str apartment on this site you will see that these are the same pictures. This is to show what the apartment will likely look like after renovation. It is owned by the same person who owned the other one and will be renovated in the same way and to a very high standard. The other one was advertised on other sites at a mucvh higher price (80,500 on others - 69,950 on ours). You can choose to buy at 50,000 without renovation. The yield is an estimate - the owner estimates a higher yield but we are erring on the side of caution. After renovation the rent on the first apartment actually doubled.

The location is excellent with superb local infrastructure (nearest station at 200m). This is a luxurious apartment on the sixth floor of a modernized apartment house. It has a modern and stylish fitted Nolte kitchen; modern, tiled bathroom with shower and living area with attractive parquet flooring. It is bright because of its position and large windows with central heating and a cellar.

The property is only a few minutes walk from the famous KuDamm with its prime retail outlets and superb cafes and restaurants. It is only 500m from Berlins best known department store - KaDeWE.

The building has been extensively renovated and modernised in recent years.