- Munich Mixed-use building 65,000,000 €
- Basic parameters
- Photo
№ 1,920,252
Construction project for a mixed-use building in Munich, Bavaria, Germany
65,000,000 €
2,407 € /m²
- Total area 27,000 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 27,000 m²
Project description
Construction project for a large mixed-use building in Munich.
Description
According to the project, the building with an area of over 27,000 m² includes:
- hotel 12,000 m²
- retail space over 1,500 m²
- living area of about 3,500 m²
- other 1,000 m²
- two-storey underground parking of about 9,000 m²
Deal structure: Asset Deal.
The building permit has been obtained.
Tenants
- Agreement
- n/a
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
Location and nearby infrastructure
The building is located in Munich, 6 km from the historic city center and Marienplatz square. The nearest public transport stop and a grocery chain supermarket are just 100 meters away.
Munich is the largest city in Bavaria and the third largest city in Germany, as well as a major industrial and research center of the country. Here are the headquarters of the world famous companies ”AGFA“, ”BMW“, ”Siemens“.
Annually more than three million tourists come to Munich.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
More properties
If this ad doesn't suit you, have a look at the other shopping centers for sale in Munich.
All ads in the country: shopping centers for sale in Germany.
Tranio helps to manage property after purchase
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.
-
Property maintenance and insurance
-
Search for tenants, contracting, and control over rent collection
-
Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
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
Providing transaction support
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
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
Top 3 commercial properties of January
Apartment building with a yield of 7.9% in a prestigious area of Porto, Portugal
- 3,300,000 €
- 8.0% yield
Supermarket with a tenant in the historical center of Barcelona, Spain
- 2,280,000 €
- 5.0% yield
Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
If you have any questions about finding or buying a property, please do not hesitate to contact us via WhatsApp
We will respond during office hours.
After communicating with us, you will be better equipped to continue your search on your own or to use our services.
Similar listings
We select ads that may interest you.