Industrielofts in Berlin

Name: Industrielofts
Brand: BEWOCON Berliner Wohnbau Consult
SKU: 13413
Availability: InStock

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Project info

Object ID: 13413

Finished at	December 2021
Price, m²	From 7200$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 154.00 m²
Floors	6
Apartments	50
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,108,800$

Net profit

9,376$

Payback period

94.3 years

Avg property value increase per year

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About the project

Ambitious, unfinished and full of lively contrasts – Lichtenberg is at the point of transforming from a quiet residential district into an on-trend neighbourhood. Here, where Wilhelminian-era buildings meet GDR-era prefabricated apartment blocks and more modern townhouses on the banks of the Spree, a new spirit of optimism and dynamism has been noticeably emerging for a few years now. Nevertheless, one can still find that special something here: an authentic piece of Berlin that's still a little rough around the edges. This exciting tension is attracting more and more people who want to create their own, individual sense of freedom. On the site of the former Berolina margarine plant, sculptors, designers, painters and musicians have set up their work and rehearsal rooms in art factory HB55, while BLO-Ateliers, one of the largest artist groups in Berlin, is actively creative on the site of a former German state railroad depot.