Student apartment package, Munich, Germany

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Student apartment package, Munich, Germany

631,000 €
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Total area: 68 m² Yield: 4.5%
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Features
  • Operating Incomе: 13,856 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0%

A package of 3 student apartments in a residential complex.

Description

The residential complex consists of 347 furnished apartments ranging from 18 to 80 m². 

The cost of the apartments ranges from 184,900 to 509,900 €.

There are 27 layout options to choose from.

The complex includes:

  • multi-level terraces with gardens on the roof (about 1670 m²)
  • fitness center with changing room
  • yard
  • sports grounds
  • lounge-zone
  • laundry with washing and drying machines
  • zone for storage of bicycles (about 360 places)

Energy saving KFW-55 CONSTRUCTION (ENEV 2016)

Inner space

A package of 3 apartments with a total area 68 m².

Each of the apartments includes a living room with a kitchen, a bathroom and a terrace or balcony.

Financial performance

The projected annual income is 13,856 €.

The projected yield is 4.5%.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 3,5%.

Brokerage fee is 3% + VAT 19% (total 3,57%).

Location

The residential complex is located in one of the most popular student campuses in Germany — Schwabing-Freimane. Student housing in Munich is in high demand, and the proposal is still considerably behind (11,000 apartments are currently about 122,000 students).

The Schwabing district, with a population of about 100,000 people, is the most populous in Munich. The quarter is famous as a bohemian and today is one of the most fashionable districts of the capital of Bavaria. There are the famous sights of Munich here, such as: the English Garden with its important part — the Chinese Tower and two popular beer gardens Aumaisster and Hirschau, tennis park St. Florian, outdoor swimming pool Freibad Ungererbad, Arc de Triomphe, 17-meter sculpture ”Walking Man“ on Leopoldstrasse.

There are discount shops and supermarkets, shopping boutiques, a commission shop, cafes, restaurants, pubs, theaters, a tennis court, a bakery, pharmacies, metro stations in a walking distance.

More properties

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

You can see more student apartments for sale in Munich elsewhere on our website.

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