| Type | Flat |
|---|---|
| Living area approx. | 58 m² |
| Bedrooms | 1 |
| Rooms | 2 |
|---|---|
| Bathrooms | 1 |
| Plot area | 849 m² |
|---|---|
| Usable floor area | 58 m² |
| Purchase price | 260.000 € |
|---|---|
| Price per m² | 4,482.76 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1071569
Located on the sought-after Blissestraße in Berlin-Wilmersdorf, this well-maintained period apartment presents an attractive investment opportunity in a residential area that remains consistently in demand. Built around 1908, the building boasts classic Berlin period charm, characteristically high ceilings, a very well-maintained overall condition, and a beautifully landscaped courtyard that gives the building a pleasant and quiet atmosphere.
The apartment is currently reliably rented and generates a current monthly net cold rent of 925 euros, corresponding to an annual net cold rent of 11,100 euros. This results in a current gross yield of approx. 4%. Due to the contractually agreed rent development, the rent will continue to increase in the coming years and is expected to reach just under 1,000 euros per month. With an annual net cold rent of around 12,000 euros, the gross yield would increase to approx. 5%.
The investment is also pleasantly straightforward within the apartment itself. The unit comprises a living room, a bedroom, a separate kitchen, and a modern bathroom, and is in very well-maintained condition. The kitchen belongs to the tenant, meaning that the owner incurs no additional expense for kitchen fittings. Overall, the existing tenancy appears well-maintained and reliable, making the property particularly appealing to investors seeking a solid, well-rented apartment in an attractive location.
Another advantage is the good condition of the entire complex. The building systems were completely renewed in 2004. Energy consumption is 128 kWh/(m²·a), placing it in a solid range for a classic Berlin period building. Together with the well-maintained building, the charming courtyard, and the excellent Wilmersdorf location, this creates a cohesive overall package for a long-term investment.
Blissestraße offers an attractive combination of urban living, an established neighborhood structure, and sustained demand. Should the apartment be re-let in the future, the location also offers additional potential.
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