€262,500

Investment property with the potential for future personal use

Property address: Kantstraße 123, 10625 Berlin
Purchase price: €262,500

Living area: approx. 58 m²

Rooms: 2

Maintenance fees: €261 per month

Additional storage space: Private basement storage unit

Current status: Rented

Property Description

This attractive 2-room apartment is located at Kantstraße 123 in the popular Berlin neighborhood of Charlottenburg.

With a living area of approx. 58 m², the apartment offers an interesting opportunity for both investors and buyers who plan to live in it themselves in the future.

A basement storage unit belonging to the apartment provides additional storage space.

The apartment is currently rented out and thus generates ongoing rental income. Occupancy by the owner may be possible after approximately nine months—subject to legal requirements and the valid termination of the existing lease.

Key Data and Purchase Price

Feature Details

Purchase Price €262,500

Living Area approx. 58 m²

Purchase Price per m² approx. €4,526

Rooms 2

Condominium Fees €261 per month

Base rent: €437.22 per month

Utilities: €94.43 per month

Heating costs: €40.06 per month

Total rent: €571.71 per month

Annual base rent: €5,246.64

Note: The rent and cost amounts listed are based on the current lease agreement. The exact breakdown of apportionable and non-apportionable costs should be verified before purchase.

Location Description – Berlin-Charlottenburg

Kantstraße is located in the established Berlin neighborhood of Charlottenburg, which is known for its urban atmosphere, diverse dining scene, and well-established residential structure.

The immediate vicinity features numerous restaurants, cafés, shopping options, and amenities for daily needs. Access to public transportation allows for convenient travel to other Berlin neighborhoods.

The combination of a central location and a well-developed infrastructure makes the apartment attractive to both investors and future owner-occupiers.

Investment with Growth Potential

With a purchase price of €262,500 and annual net rental income of €5,246.64, the gross rental yield is approximately 2.00% per year.

This is a gross calculation before deducting non-recoupable building maintenance fees, maintenance costs, taxes, financing costs, and other expenses.

In addition to serving as an investment, the apartment also offers an opportunity for buyers who wish to purchase their own home in Charlottenburg in the long term.

Highlights at a Glance

* Popular residential area in Berlin-Charlottenburg
* Approx. 58 m² of living space

* 2 rooms

* Private basement storage unit included

* Existing rental income

* Monthly maintenance fees of €261

* Future owner-occupancy possible, subject to legal requirements

Purchase price: €262,500

An interesting opportunity to purchase a condominium in Berlin-Charlottenburg—both as a long-term investment and with a view to possible future owner-occupancy.