New West in Berlin

Name: New West
Brand: Ziegert EverEstate GmbH
SKU: 13339
Availability: InStock

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Project info

Object ID: 13339

Finished at	August 2023
Price, m²	From 9923$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	6
Apartments	59
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

585,457$

Net profit

7,229$

Payback period

61.7 years

Avg property value increase per year

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About the project

You can find it at Wiesbadener Straße 56: that balance that gives peace and serenity on the one hand, strength and energy on the other. Close enough to the hotspots of City West with its main arteries of Kurfürstendamm and Schlossstrasse – and at the same time far enough away from the hustle and bustle and within walking distance of the green lungs of the Grunewald. Whether activity or relaxation, presence or retreat, with each other or independently – the architecture of the ensemble with its idyllic courtyard oasis unites apparent opposites as a matter of course.