Apartment building, Munich, Germany

Additional information is provided after the signing of an NDA

Apartment building, Munich, Germany

13,000,000 €
Mortgage calculator
Send a request
Total area: 893 m² Yield: 3.0% Built in 2018
Send a request
Features
  • Operating Incomе: 390,000 €
  • Land area: 390 m²
  • Occupancy: 95%
  • Number of parking lots: 4
  • Most recent total renovation: 2017
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 5.0%
  • Total apartments: 17

Apartment building at the stage of renovation of internal premises.

Description

The property consists of 17 apartments with a total area of 893 m².

Renovation of internal premises will be completed by autumn 2018.

There is parking for 4 cars on the territory of the property.

Equipment

  • fitted kitchen
  • spa
  • gym

Financial performance

The projected annual income is 390,000 euros.

The projected yield is 3%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 5% + 19% VAT (in total 5.95%).

Location

The property is located in a quiet location in the picturesque Neuhausen district.

The distance to the metro is 400 m.

There are cafes, shops, a hairdresser, children's dentistry nearby.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Munich elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services