Construction project of an office building in Munich, Germany

Additional information is provided after the signing of an NDA

Example of office building in Munich

We brought up this listing to show you the typical market characteristics of office building in Munich. Leave a request to get similar offers according to your requirements.

Construction project of an office building in Munich, Germany

30,480,000 €
3,810 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    8,000 m²
Details
Property parameters
  • Land area: 3,800 m²
  • Number of parking lots: 150
  • 6-floor building
Financial performance
  • IRR: 14.0%
Loan
  • Loan size: 60% of the value of the property
  • Rate: 1.8%
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT

Description

The project includes a construction of the office building on a land plot with the area of 3,800 m²

The building will be comprised of six storeys and a two-level undergound parking.

The total area of the building is 8,000 m².

The area of office premises is 7,300 m².

The area of retail premises is 700 m².

There is the possibility of creating a green area in the courtyard of the building.

The parking will be provided with 150 parking lots.

Financial performance

Project entry costs — 18,000,000 €.

Costs of construction — 32,800,000 €.

Total costs — 50,800,000 €.

Equity — 30,480,000 €.

Amount of financing — 20,320,000 €.

Sales revenues — 68,000,000 €.

Profit of the project — 17,200,000 €.

IRR of the project — 14%.

Project term — 24 months

Loan

It is possible to obtain bank loan for 60% of the value of the project at 1.75% per annum.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

The broker's fee of 3%.

Location and nearby infrastructure

The project is located in the area with a high level of business activity.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Munich.

All ads in the country: office buildings for sale in Germany.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request