Real estate is generally regarded a safe investment that retains its value.
Make the most of the benefits offered by Berlin:
PANDION offers the following advantages as a partner for capital investments:
PANDION MIDTOWN scores well when it comes to the decisive factors for purchasing real estate:
These are excellent overall conditions that offer a good opportunity for an investment in connection with the current favourable financing terms!
Exemplary calculation | 1 room | 42.92 m² | |
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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
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.
Cologne Rheinauhafen
Munich Obersendling
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