EXCELLENT OPPORTUNITY FOR FINANCING
Real estate is generally regarded a safe investment that retains its value.
- It is protection against inflation and frequently offers tax benefits.
- It is a sensible alternative to money in savings accounts, which are hardly worth the effort with the current low interest rates.
- It offers greater security than shares or bonds, which react much more volatilely to fluctuations on the financial markets.
- Buy for personal use: you only pay the maintenance costs once you have paid off the apartment and are more flexible when it comes to designing your own home.
LIVING SPACE WANTED
Make the most of the benefits offered by Berlin:
- Berlin is booming, and a strong growth in the economy and population are also expected for the future.
- In 2019, economic growth in Berlin was at 3%, putting it top of the board in Germany for the sixth year running*
- The population will grow from approx. 3.7 million today to around 3.9 million by 2030 as result of people moving to Berlin.** This will lead to a higher demand for living space
- Friedrichshain is one of Berlin’s most popular neighbourhoods: the continued positive development is foreseeable, along with rising rents and purchase prices.
- Very good infrastructure and transport links thanks to railways and the airport
- Very secure rental income
** Berlin Senate Department for Urban Development and Housing
TOP QUALITY - BUT WITHOUT EXTORTIONATE PRICES
PANDION offers the following advantages as a partner for capital investments:
- High quality
- Commission-free sale
- Project development, construction and management from one source
- High-quality fittings and construction materials
- More than 18 years of experience in the development, construction and sale of high-class residential properties
- We are your direct contact for everything to do with PANDION MIDTOWN
THE COMPLETE PACKAGE
PANDION MIDTOWN scores well when it comes to the decisive factors for purchasing real estate:
- very good location
- high demand in and around Berlin
- an attractive purchase price
These are excellent overall conditions that offer a good opportunity for an investment in connection with the current favourable financing terms!
Buy a freehold apartment as a capital investment
| Exemplary calculation | 1 room | 42.92 m² | |
|---|---|
| Purchase price for the apartment | 277.900,00€ |
| Notary and court fees (approx. 1.5%) | 4.168,50€ |
| Land transfer tax (6%) | 16.674,00€ |
| Construction phase loan (1.00%)* | 2.987,43€ |
| Total costs | 301.729,93€ |
| Financing | |
| Own funds 10% | 30.172,99€ |
| External funds mortgage loan | 271.556,93€ |
| Income/expenditure | |
| Annual rent (42.92 m² á € 17.81 m²/month x 12) | 9.172,86€ |
| Annual interest (1.00% of €271,556.93) | 2.715,57€ |
| Administrative costs p.a. (€ 31/month x 12) | 372,00€ |
| Reserve for renewals and replacements p.a. (€ 0.30/month x 12 x 42.92) | 154,51€ |
| Debit balance for amortisation p.a. (corresponds to approx. 19.6 % return on equity) | 5.930,78€ |
| Debit balance after amortisation p.a. (initially 2% of the bank loan) | 499,64€ |
*The costs of the construction phase loan depend on the terms of the loan agreement and the length of the construction period.
This is only an exemplary calculation. None of the income or terms of the loan are guaranteed.
A tax consultant should be consulted to clarify the personal fiscal consequences. The aforementioned information does not constitute an investment advisory service. It serves only to prepare for a decision on an investment.
Berlin 23.07.2020
About PANDION
PANDION is an owner-managed real-estate company with its head office in Cologne We have been involved in developing, building and selling up-market residential, commercial and hotel properties since 2002. Apart from building projects at our home base, we also realise projects in Berlin, Bonn, Düsseldorf, Mainz, Munich and Stuttgart. With 4,900 apartments being planned and built as well as ten larger commercial units, we are one of the top ten property developers in Germany. Our sales volume totals 4.5 billion euros, 2.6 billion of which is in housing. PANDION employs a total of 180 people in Cologne, Munich, Berlin and Stuttgart.
PANDION VISTA
Cologne Rheinauhafen
ISARBELLE
Munich Obersendling
18 years of experience
Project volume of € 4,500 million
4 sites
180 employees
More than 4,000 apartments under construction
Partner for living spaces
PANDION projects throughout Germany
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