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One-room apartment for renting in the center of Munich, Germany

479,000 €
12,605 € /m²
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Total area: 38 m² 1 bedroom 1 bathroom
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Features
  • Yield: 4.2%
  • Built in 1960
  • 6-floor building
  • 5 floor
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%
  • Total rooms: 1

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. 

Statistics in Munich

Price per m², €
10,063
Healthcare efficiency level
80
Crime rate
17
Real estate Price, €
Apartment in the city centre, m² 10,062.5
Apartment in a bedroom community, m² 6,952.17
Transport Price, €
Public transport, 1 ride 2.9
Monthly travel card 66.5
Taxi, 1 km 1.9
Petrol, 1 l 1.42
Food Price, €
Water, 1.5 l 0.53
Milk, 1 l 0.87
White bread, 500 g 1.37
Eggs, a dozen 2.07
Chicken fillet, 1 kg 7.34
Education Price, €
Kindergarten, per month 631.43
International school, per year 15,715.38
Health care index
Staff competence 82.2
Medical equipment 93.75
Research accuracy and completeness 82.5
Attitude towards patients 77.65
Security index
Crime rate 10.8
The risk of being robbed 12.14
The risk of car theft 14.33
The risk of break-in and property damage 22.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anastasia Shchepetova
Anastasia Shchepetova
Real Estate Expert Tranio in Munich
+44 17 4822 0039
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