PANDION MIDTOWN in Berlin

Name: Sales in PANDION MIDTOWN started!
Start: 2021-07-21T13:19:25.813605+00:00
End: 2023-12-31T23:59:59+0000
Location: PANDION MIDTOWN

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Project info

Object ID: 13047

Finished at	July 2021
Price, m²	From 9970$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	6
Apartments	203
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

548,350$

Net profit

7,229$

Payback period

57.8 years

Avg property value increase per year

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About the project

Berlin-Friedrichshain: trendy district! Lively! Central! This district has many exclamation marks. Now let's put another one. Because in the middle of the Kiez a quarter is emerging that combines everything that makes this part of the capital so popular - green and big cities, living and working, peace and quiet and connections. Get to know an address that will soon become your home. Welcome to PANDION MIDTOWN.

It goes without saying that they are there: the residential buildings from PANDION MIDTOWN. Because taking it for granted was the goal right from the start. Against the background of the historical urban development, the buildings should fit seamlessly into the overall urban structure. They make clear reference to Friedrichhain's architectural tradition - and with their powerful, concise structure they set clear standards. In its entirety and size, the complex corresponds ideally with the “New Malthouse” and reinterprets the apparent contrast between modern and historical in a relaxed manner.

Developer

PANDION is an owner-managed real-estate company with its head office in Cologne As a family-run business that has been managed by Reinhold K…
Details about PANDION