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Package of five apartments in the suburbs of Munich, Germany

1,360,000 €
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Total area: 264 m² Yield: 3.7% Built in 2019
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Features
  • Operating Incomе: 50,353 €
  • 5-floor building
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.6%

Five apartments in a new residential complex.

Description

The apartments are sold furnished. The cost of the furniture is 75,000 € (not included in the price).

The construction will be completed in the end of 2018 — Q1 2019.

The residential complex consists of 137 apartments ranging from 47 m² to 72 m².

The cost of apartments ranges from 244,900 € to 376,900 €.

There is a possibility to purchase parking spaces which cost from 18,500 € to 25,000 € for one parking space.

Energy standard: KfW 55, EnEV 2014

The certificate is valid until 02.03.2027

Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.

Financial performance

The projected annual income after deduction of expenses for the management company is 50,353 €.

The projected yield with a glance to the cost of the furniture is 3.7%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

The brokerage fee is 3.57%.

The cost of ownership

Expenses for the management company is 1,979 € per year.

Location and nearby objects

The property is located in the town in 30 km from the center of Munich. The population of the town is more than 10 thousand people and it has been growing since 1970. According to the forecast, by 2020 the number of residents will increase by 10%, and by 2030 — by 23%.

Supermarkets, cafes and restaurants, a gym and motorway exits are situated close to the residential complex. The distance to the railway station is 1 km.

Munich's East Station and exhibition center can be reached in a 15-minute drive, the center of Munich and the airport — in a 30-minute drive.

Statistics in Germany

Price per m², €
4,785
Healthcare efficiency level
74
Crime rate
34
Real estate Price, €
Apartment in the city centre, m² 4,784.75
Apartment in a bedroom community, m² 3,296.82
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.4
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.7
White bread, 500 g 1.31
Eggs, a dozen 1.82
Chicken fillet, 1 kg 7.31
Education Price, €
Kindergarten, per month 307.36
International school, per year 14,850.5
Health care index
Staff competence 77.62
Medical equipment 89.58
Research accuracy and completeness 75.44
Attitude towards patients 68.99
Security index
Crime rate 34.15
The risk of being robbed 32.22
The risk of car theft 31.71
The risk of break-in and property damage 42.79

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Enquire about this apartments package
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services
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