Our reference objects

Leased or vacant studios and apartments

Several clients are investing in studios or one bedroom apartments. Some investment properties are under a permanent German lease agreement. Vacant studios or apartments are to be leased under a furnished, temporary lease agreement.

Example:

  • 1 bedroom flat in Berlin – Pankow
  • 43 sqm, lift, open-plan kitchen
  • Price agreed: € 96.000 / 2.200 € per sqm
  • Total investment, including side costs and furniture € 120.000
  • Temporary gross rent received now: € 850, - per calendar month
  • Monthly profit before tax: € 550, -
  • Yield: higher than 5% 

GATE Berlin provided comprehensive services re:

  • Source property
  • Negotiate and secure purchase by end of 2015
  • Fit-out, furnish and partly refurbish property  
  • Lease and maintenance management, owner representation
  • Manage property

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