Property - 1 Bed tenanted Apartment property for sale in Pankow, Berlin, Germany. This 1 bedroom apartment has an annual yield of 5.1% This modern tenanted apartment is very close to Prenzlauer Berg and will, in our opinion, benefit from the rising property prices in this area. The ground floor, one bedroom apartment was built in 1998 in this five storey apartment house. The property has an open-plan fitted kitchen, tiled bathroom, living area, bedroom, cellar and terrace. In addition the apartment benefits from central heating, community gardens and lift.
The property is a 20 minute walk from Schoenhauser Allee where both above and below ground rail services are available. The local area has plenty of local shops and amenities.
The rental income is 2953 euros annually which delivers a net yield of 5.1%. This modern unit represents an excellent investment product.
If you would like more information about our property for sale in Germany, or have any questions in regards in owning or buying a property in Germany, then please feel free to contact us.