Apartment building, Munich, Germany

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Apartment building, Munich, Germany

13,000,000 €
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Total area: 893 m² Yield: 3.0% Built in 2018
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  • 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.


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.


  • 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%).


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.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Munich
+44 17 4822 0039
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    • Bank financing from 1.5% annually
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