Apartment, Munich, Germany

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Apartment, Munich, Germany

180,000 €
6,923 € /m²
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Total area: 26 m²
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Features
  • Yield: 3.8%
  • Operating Incomе: 6,840 €
  • Built in 1960
  • 5-floor building
  • 2 floor
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0%
  • Furnished

An apartment in a well-developed area, Munich.

Description 

An apartment building was built in in the late 1960s and now is in good condition.

The price includes furniture. 

A current tenant is going to vacate the apartment next year. 

Equipment

  • laminate

Financial performance

Absolute annual income is 6,840 €.

The current yield is 3.8%.

Transaction costs

Notary fee is 1.5 – 2%.

Acquisition tax is 3,5%.

The broker's fee is 3% + 19% VAT (in total 3.57%). 

Location

The apartment is located in Berg am Laim, southeastern borough of Munich. There are a few supermarkets, a hypermarket, a business center, banks, restaurants, and shops. 

The Rechts der Isar Hospital and an exhibition center are located only a few minutes drive away from the apartment.

Public transport stops are also located within walking distance.

Statistics in Munich

Price per m², €
10,071
Healthcare efficiency level
79
Index 79 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
83
Index 83 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 10,071.43
Apartment in a bedroom community, m² 6,900.0
Transport Price, €
Public transport, 1 ride 2.9
Monthly travel card 66.6
Taxi, 1 km 1.9
Petrol, 1 l 1.42
Food Price, €
Water, 1.5 l 0.5
Milk, 1 l 0.84
White bread, 500 g 1.51
Eggs, a dozen 2.13
Chicken fillet, 1 kg 7.94
Education Price, €
Kindergarten, per month 640.95
International school, per year 15,936.36
Health care index
Staff competence 79.79
Medical equipment 92.61
Research accuracy and completeness 81.82
Attitude towards patients 75.68
Security index
Crime rate 10.96
The risk of being robbed 11.68
The risk of car theft 14.31
The risk of break-in and property damage 21.86

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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Svetlana Larionova
Svetlana Larionova
Real Estate Expert
+44 17 4822 0039
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