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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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Details
  • Total rooms: 1
  • 6-floor building
  • 5 floor
  • Yield 4.2 %
  • Rental rate (m²/month): 44 €
  • Built in 1960
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 4.8 %

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.

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    Location right down to the building, street or city

Statistics in Munich

Price per m², €
10,093
Healthcare efficiency level
78
Index 78 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
84
Index 84 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 10,092.59
Apartment in a bedroom community, m² 7,096.3
Transport Price, €
Public transport, 1 ride 2.9
Monthly travel card 66.6
Taxi, 1 km 1.9
Petrol, 1 l 1.45
Food Price, €
Water, 1.5 l 0.56
Milk, 1 l 0.9
White bread, 500 g 1.44
Eggs, a dozen 2.27
Chicken fillet, 1 kg 7.95
Education Price, €
Kindergarten, per month 622.4
International school, per year 14,350.0
Health care index
Staff competence 78.75
Medical equipment 91.67
Research accuracy and completeness 80.82
Attitude towards patients 74.69
Security index
Crime rate 10.77
The risk of being robbed 11.56
The risk of car theft 14.03
The risk of break-in and property damage 21.88

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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Anna Boyarchukova
Anna Boyarchukova
Head of Residential Department
+44 17 4822 0039
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