Block of flats 132 m² in Munich

Package of 4 apartments in Munich, Neuperlach.

Description

Four two-room apartments with a total area of 132 m² (from 29.1 to 36.9 m² each).

The modern residential complex includes 607 apartments with 1–2 rooms, a lobby, a restaurant, a fitness area, a shared rooftop terrace and underground parking for 147 cars. The apartments are sold fully furnished and equipped. Some have private gardens. For an additional fee of 33,800 euros, you can purchase a parking space. It will be rented out for 97 euros per month (yield 3.44%). Complex offers a hotel-like concept with common areas such as co-working spaces, restaurants and fitness.

Completion of construction — 1st quarter 2022.

Equipment

• Elevator
• Parquet flooring
• Barrier-free
• Fitted kitchen
• Furnished

The property is fully let. The lease agreement is valid for 20 years with the extension option of 5 years.

The apartments will be rented out for short and medium term rent (up to 6 months).

Potential tenants:

• business travelers
• people from the suburbs, who coming to Munich for the workweek
• young professionals
• digital nomads

Guaranteed yield: 3%.

No broker commission.

Munich is located on the river Isar in the south of Germany. The city is the capital of Bavaria — the richest and most developed region in the country. In the whole world it is famous for its brewing traditions and Oktoberfest. The city has many museums and cultural values. Today Munich is a large industrial, research and scientific center.

Located directly next to subway and S-Bahn train stations, complex offers perfect connections to the centre, the trade fair and the airport.

• Central station approx. 17 min (U5 underground)
• Marienplatz approx. 17 min (S7 train)
• Trade fair (Messe) approx. 20 min (car or underground)
• Starnberger See approx. 35 min (car)
• Airport approx. 35 min (car), 48 min (underground and S-Bahn trains)