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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. 

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