Property Details
- Property: Apartment (Resale)
- Bedrooms: N/A
- Bathrooms: N/A
- Receptions: N/A
Studio Apartment Property For Sale In Spessart Strasse, Wilmersdorf
Features
The apartment for sale is situated in a preferred residential location in Berlin’s Wilmersdorf district on Spessartstrasse, between Laubacher Strasse (Friedenau district) and Rüdesheimer Platz. The architecture of this area consists predominantly of 5-storey multi-family homes. The landscaped front yards that characterise houses here lend that touch of a garden city to the quarter for which it is known. There are sufficient shopping opportunities in the vicinity, as well as schools, parks, and restaurants. Access to various types of public transportation lies within walking distance.
Development
The 5-storey building consists of 16 housing units, and was raised in 1959. The property is in excellent and well-maintained overall repair. The building is equipped with a lift, each apartments has its own balcony. Various studios and 1 bedroom apartments are available for sale as capital investment in this building.
Investment information
Product Type: Studios, 1 Beds
Deposit: €2,000
Purchase Price: €43,433 - €64,422
Purchase Price Per M2: €1120
Mortgage Details: Up to 60%
Floor Space: 38.78sqm - 57.52sqm
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)
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