- 27,285,000 €
- 4.7% yield
Package of 6 apartments with guaranteed profitability in a new aparthotel in the prosperous district of Munich — Obersendling.
Description
The package includes six identical apartments with a total area of 134 m² (22.35 m² each).
Start of construction planned on July-August of 2020. Estimated date of completion of construction and commissioning — spring 2022.
The complex includes 91 apartments, a parking for 46 cars, a restaurant, a bar and lounges. It offers for residents such services as housekeeping, breakfasts, bicycle rental, vending machines.
The apartments are furnished by the management company. The furniture is also paid by the management company.
Leasing and maintenance is carried out by an experienced management company.
Guaranteed rental yield for 20 years and 3 extension options for 7 years.
The annual net income is 44,342 €.
The net yield is 3.1%.
The investor receives a fixed yield regardless of actual occupancy.
Apartment is sold without a buyer's commission.
Obersendling is a developed area with residential and commercial areas in the southern part of Munich, 10 km from the city center (22 minutes by car).
The area is unofficially considered as ”home“ of Siemens company, which has headquarters and a complex of its own buildings and units here.
Over the past 10 years, the district has been actively developing, according to the concept of “place to live and work”.
Real estate prices are growing steadily.
If this ad doesn't suit you, have a look at the other block of flats for sale in Munich.
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Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
We use a methodology that enables us to formulate requests and find good deals in the market
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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