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.

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Elena Chernyshyeva
Elena Chernyshyeva
Real Estate Expert Tranio in Munich
+44 17 4822 0039
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