One-room apartment on the fourth floor of the six-storey building in the city center.
Description of the building
A residential house with commercial units on the ground floor.
The building was built in 1960.
The last renovation was carried out in 2016.
The building consists of 25 one-room and three-room apartments, which are situated from the first to fifth floor.
The apartment sizes span between 36 m² and 83 m².
It is planned to complete the construction with two attic floors, where 6 penthouses will be located.
Interior
The apartment consists of a kitchen with a storage room, a living room and a bathroom with a shower.
The apartment can be fully furnished at the request of the buyer. The design company will create an exclusive interior in Scandinavian style. Easy, light-toned and minimalist furniture will provide a maximum comfort.
Financial performance
Projected yield of 4.2%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4.76%.
Location
The building is located in the center of Munich in the district of Ludwigsvorstadt.
The main railway station of Munich, underground stations, tram and bus stops are situated in a walking distance from the house. The airport can be reached within 30 minutes by metro.
Many office buildings Open Spaces, coffee-houses and restaurants are situated not far from the property.
The neighborhood of Klinikviertel with one of the largest and most famous healthcare complexes of Germany is located in a walking distance.
