3 Bed Apartment for sale in Berlin, Germany

The properties are located on Mariendorfer Damm in the southern part of Berlin. Bus connections toward various destinations are available in the immediate vicinity. A surgical centre and a dental clinic are located on Mariendorfer Damm.

Cultural Venues / Social Services
There are small parks; a combination indoor/outdoor public swimming pool serves recreational purposes. Schools of various types and day-care centres for children are in the neighbourhood.
Bars, restaurants offering international cuisine from a variety of countries are within walking distance.
The Mariendorf harness-racing hippodrome is well known beyond the city limit of Berlin.

Retail Venues
Supermarkets as well as bakeries and small speciality stores are found nearby.

Development History
The estate consists of 6 building units with 3 entranceways each. 5 units are constructed as 3-storey buildings, one units as 4-storey building, all were raised in 1958. In the late 1990s, additional rooftop units were added to all buildings. The buildings are separated from each other through a generously laid-out, landscaped inner courtyard. The estate includes 154 apartments.

Investment information

Product Type: Studio's, 1 beds, 2 beds, 3 beds

Deposit: €2,000

Purchase Price: €31,657 - €79,359

Purchase Price Per M2: €1,050

Mortgage Details: Up to 60%

Floor Space: 30.27sqm - 75.58sqm

Buying costs: 8% – 10%
Notary: approx 2%
Land register: 1%
Transfer Tax: 4.5%
Legal: €2,000

Payment process:
First instalment: 40%
Second instalment: 60% (transfer of title deed)