Am Spreebogen in Berlin

Name: Sales in Am Spreebogen started!
Start: 2021-08-04T20:42:51.227487+00:00
End: 2023-12-31T23:59:59+0000
Location: Am Spreebogen

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Project info

Object ID: 13360

Finished at	August 2021
Price, m²	From 5426$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	4
Apartments	38
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

222,466$

Net profit

6,783$

Payback period

24.6 years

Avg property value increase per year

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Promos and discounts for Am Spreebogen

About the project

The river Spree winds through the capital in a generally east-west direction – and this classic Altbau (older building) corner house, in the western part of Charlottenburg, is situated in one of these bends in the river's course (a 'Spreebogen').

Shopping and nightlife, a hub for research and trade, a cultural centre and a residential area - Charlottenburg City West combines a variety of aspects. The West was once synonymous with the "Golden Twenties", and City West is today an important counterpoint to Mitte. Fascinating construction projects have been realised in recent years – Bikini-Haus and the Zoo-Palast or the Zoofenster, in which the luxury Waldorf Astoria hotel can be found – projects which characterize the City West's contemporary cityscape.