Das LYTZ in Berlin

Name: Sales in Das LYTZ started!
Start: 2021-08-05T15:06:21.053804+00:00
End: 2023-12-31T23:59:59+0000
Location: Das LYTZ

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Project info

Object ID: 13384

Finished at	August 2021
Price, m²	From 6480$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	7
Apartments	116
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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

259,200$

Net profit

5,883$

Payback period

32.1 years

Avg property value increase per year

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About the project

In the middle of Berlin. For free urban spirits, cosmopolitan business people and those who concentrate on the essentials. The name: das LYTZ. A building like Berlin itself, offering old and new Berliners attractive apartments ideal for all of life's different phases. An existing building outfitted with modern technology to define a home worth living in. A home that – besides its location in the newly on-trend Tiergarten district – stands for intrinsic values and excellent development opportunities. Welcome to LYTZ – a home like Berlin itself.

This corner building, built in the 1970s, is located in the Tiergarten district of Berlin. Through intensive renovation and modernisation inside and out, das LYTZ gets a contemporary makeover. This reinvigorated building offers residents versatile residential units ranging from microapartments to penthouses – predestined concepts for modern living. As a clever reinterpretation of solid existing building stock, das LYTZ convinces with details such as a new facade, large loggias, high-quality flooring and modern bathrooms.