EAST SIDE STUDIOS in Berlin

Name: Sales in EAST SIDE STUDIOS started!
Start: 2021-08-05T15:59:44.618774+00:00
End: 2023-12-31T23:59:59+0000
Location: EAST SIDE STUDIOS

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Construction

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Project info

Object ID: 13392

Finished at	October 2023
Price, m²	From 7891$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 24.00 m²
Floors	5
Apartments	24
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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

189,384$

Net profit

5,906$

Payback period

23.4 years

Avg property value increase per year

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About the project

The 49 high-quality EAST SIDE STUDIOS are being created at Tierpark 25 and 27 in a green and very well-connected location close to the on-trend neighbourhoods of Friedrichshain. Designed according to the KfW 55 energy efficiency standard, this sustainable and modern new build offers living spaces from 24 to 66 m² with 1, 1.5 and 2 rooms. These compact studios, some of which have terraces, balconies and rooftop terraces, are perfect for singles, students, commuters and young professionals – and thus also represent attractive real estate with very good rentability for investors.

Nature and big city flair in one: Lichtenberg combines the best of two worlds. Hardly any other part of the capital finds contrasts harmonised as well as they are here. The studios are located in the east of Berlin in green surroundings yet in the middle of the capital, directly at the 'Tierpark' – Friedrichsfelde zoo – and close to the shores of Rummelsburger Bucht. Welcome to Lichtenberg!