Block of flats with a view of the water and energy efficiency class B

€1,400,000
  • ~621 m² Total surface
  • ~621 m² Living area
  • ~732 m² Plot surface
  • Construction year 2018

Description

The property is a three-storey residential building, constructed in approximately 2018 as a detached building on a plot of approximately 1,716 m² facing west, comprising nine flats, all of which are currently fully let. Access to all units, some of which are step-free, is via a staircase and a lift. Heating is provided by a central heating system using a combined heat and power plant under a contracting model, whilst the hot water supply is centrally controlled. The flats, which have ceiling heights of 2.62 m and are all fitted with underfloor heating and loggias or terraces, range in size from approximately 50 m² to approximately 84 m². All building services and fittings (electrical systems, pipework, insulation, double-glazed windows, etc.) date from the year of construction and are therefore in very good condition. On a separate neighbouring plot, nine car parking spaces are available to tenants, eight of which are currently let. Overall, the property – which has no basement – is in a very well-maintained condition and, with an energy rating of B, meets the KfW Energy Efficiency House 55 standard (EnEV 2016). Sought-after residential area with water views Very well maintained condition Lift Combined heat and power plant Energy rating: B Terraces / loggias Flat sizes ranging from approx. 50 m² to approx. 84 m² Graduated rent agreements 9 car parking spaces Average rent for residential properties: EUR10.95/m² O12897
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O12897

Property details
  • Property type

    Investment

  • Parking spaces

    8

  • Total surface

    ~621 m²

  • Living area

    ~621 m²

  • Plot surface

    ~732 m²

  • Usable surface

    ~621 m²

  • Target return

    6.29 %

Energy efficiency information
  • Construction year

    2018

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    64.47 kWh/m²a

  • Energy source

    Long-distance heating

Location: Fürstenwalde, Brandenburg

The property is situated in Fürstenwalde, south-east of Berlin. With a population of approximately 32,000, it is the most populous town in the Oder-Spree district of Brandenburg and has seen a steady influx of new residents in recent years. The residential building is in an excellent location, right on the banks of the Fürstenwalder Spree. The town centre, with its numerous shopping facilities, Fürstenwalde railway station and the old town centre with St Mary's Cathedral are all in the immediate vicinity. The town is well connected to the wider transport network via rail (Potsdamer Platz can be reached in around 45 minutes on the RE1 Regional Express), the motorway (A12/A10) and the Oder-Spree Canal. It benefits from high demand for housing, driven in particular by Tesla and Berlin Brandenburg Airport (BER).

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