An apartment in a well-developed area, Munich.
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.
Absolute annual income is 6,840 €.
The current yield is 3.8%.
Notary fee is 1.5 – 2%.
Acquisition tax is 3,5%.
The broker's fee is 3% + 19% VAT (in total 3.57%).
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.