investment portfolio close to schönefeld airport

Investment portfolio close to Schönefeld Airport

Property ID: 2402198757Location: Deutschland-12529 Schönefeld

HIMB Hausverkauf und Immobilien Makler Berlin GmbHBerlin Yield Estate

Brunnenstr. 129, 13355 Berlin


Facts and Key DataType of property Portfolio of flats & comercial units

Year of construction 1995

Purchasing price 9,900,000.00 €

Purchasing price per m² 2,515.24 €

Current Yield 3.34%

Current Multiplier 29

Current net rent per year 331,000.00 €

Potential net rent per year 400,000.00 €

Residential units 78

Commercial units 5

Number of parking spots 83

Rentable surface 3,936.00 m²

Condition Well maintained

Rented Yes

Service Fee: 7.14%Upon the notarization of a property from this offer, the local service fee of 7.14% including VAT of the purchasing price is payable by the buyer to HIMB Hausverkauf und Immobilien Makler Berlin GmbH.


Description

Invest in an established investment portfolio of residential and commercial properties close to Schönefeld Airport. This portfolio has the following features:

78 apartment units,5 commercial units,83 underground parking spacesThe rentable area is 3,936.00 square meters.

Since the renovation works, which have been recently completed, the portfolio generates an annual net rent of 331,000.00 €. With tenant fluctuations and potential rental price appreciation, i.e. new lease agreements, net rents of 11.00 € per square meter can be achieved. Hence, an annual net rent of 400,000.00 € should be targeted within a short period of time.

The south of Berlin and especially Schönefeld are experiencing strong economic growth in recent years. Accordingly, the demand for residential, commercial and industrial properties in this region has increased. Hence, international investors should consider the right time to invest in this emerging market. Investors from around the world have already begun to invest in Schönefeld and are expecting an increase in price.

Financing at an interest rate from as low as 1.9% is possible, and can be obtained through our agency. International investors will be required to make an initial investment (down payment), i.e. of around half of the purchasing price.

This is an investment in a price appreciation asset with very favourable low interest rates.

Further information will be provided upon request.


Fully refurbished

Made in Germany


Portfolio of properties


Floorplan of residential units


Terms and conditions

Section 1 Prohibition of disclosure All information, including the brokerage of the property by the Agent is determined exclusively for the customer. The Customer is expressly prohibited from passing on the indications of or information about properties to third parties without the expressed approval of the Agent which shall be given in advance in writing. If the Customer violates this obligation and if the third party or other persons to whom the third party for his part has passed on information conclude the main agreement, the Customer is obliged to pay the Agent the commission agreed with him plus VAT. Section 2 Double activities The Agent may be active both for the seller and also for the purchaser. Section 3 Owner information The Agent draws attention to the fact that the information about the property passed on by him originates from the Seller or a third party engaged by the Seller and has not been checked by the Agent for correctness. It is a matter for the Customer to check this information for correctness. The Agent, who only passes on this information, shall not assume any liability for its correctness. Section 4 Limitation of liability The Agent’s liability is limited to gross negligent or intentional behaviour inasmuch as the customer does not suffer any physical injury or loses his life through the behaviour of the Agent. Section 5 Limitation The limitation period for all claims for damages of the Customer against the Agent shall amount to 3 years. It shall commence at the point of time at which the action triggering the obligation for damages has taken place. If the statutory limitation regulations mean shorter limitation for the Agent in individual cases, these shall apply. Section 6 Place of jurisdiction If the Agent and the Customer are full business persons in the terms of the German Commercial Code, the company head office of the Agent is agreed as the place of performance for all obligations and claims originating from the contractual relationship as well as the place of jurisdiction. Section 7 Escape Clause If one or more of the above provisions should be inapplicable, the effectiveness of the remaining provisions shall not be affected. This shall also apply if, within a regulations a part is ineffective, another part, however, effective. The ineffective provision shall be replaced between the parties by a regulation which most closely approaches the economic interests of the contractual parties and otherwise does not contradict the contractual agreements.

Section 8 Commission/ Agent fee:

A commission of 7.14% (including 19% VAT) of the purchase price is payable to HIMB Hausverkauf und Immobilienmakler Berlin GmbH; Berlin Yield Estate; Brunnenstr. 129; 13355 Berlin by the buyer of the property. This amount is payable immediately after the purchase contract has been signed at the meeting with the notary.

Section 9 German Energy Saving Regulation (EnEV 2014)

Since the 1st May 2014 the German Energy Saving Regulation (EnEV 2014) is demanding an Energy Saving Certificate for all properties offered for sale or for rent.Our agency has complied with these regulations and has already requested from the seller of this property an energy certificate.Once the energy certification of this property is issued, the information and data will be published immediately.Customer information about of the right of the revocation (Widerrufsbelehrung)

Since the 13th of June 2014 you have 14 days to revoke the contract with the estate agent. You enter into a contract with the estate agent as soon as you ask for any information about his offer. You only pay his commission upon completion of rental/purchase contract. In case you are not interested in the offered estate, there is nothing further to do. So you can confirm receipt of the notification of your right to revoke without further obligation. Nevertheless, if you want to exercise your right of revocation, you must notify your estate agent by a clear statement (e.g. a consigned by post letter, fax or email) of your decision to withdraw from contract.


Template

(If you decide to revoke the contract, please fill out the form and return it to the following address.)

To

HIMB Hausverkauf und Immobilienmakler Berlin GmbHBerlin Yield EstateBrunnenstr. 12913355 BerlinTelefon: 030 – 68324961Telefax: 030 – 68324467E-Mail: [email protected]

Web: www. BerlinYieldEstate.com

I herewith revoke the contract, which I requested for myself or third parties.

The service was requested on / received on:

Name of the customer(s):

Adress of the customer(s):

_____________________________________________________

Signitures of the customer(s)

__________________

Date

mailto:[email protected]

mailto:[email protected]

http://www.Hausverkauf-Makler.de/

investment portfolio close to schönefeld airport

Real Estate