Commercial unit in residential building in Munich

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Commercial unit in residential building in Munich

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Total area: 71 m² Yield: 5.0%
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Features
  • Absolute return: 13,104 €
  • 1 floor
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.6%
  • Total rooms: 1

It is a trading premise on the ground floor in the residential and office building.

Description

Total area of the property is 71 m², including:

  • 67 m² of trading area;
  • 4 m² of auxiliary premise.

The basement has utility room that can be used as a storage. There is a WC for workers.

The property is sold vacant.

Financial performance

The projected lease income is 13,104 €.

The projected yield of 5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 3,57%.

Location

The property is situated in a retail corridor in the residential district of Munich.

Public transportation, metro station, restaurants, hotels, shops are in the immidiate vicinity.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services