Apartments with guaranteed profitability in a new aparthotel in the prosperous district of Munich — Obersendling. Leasing and maintenance is carried out by an experienced management company. The investor receives a fixed yield regardless of actual occupancy.
Start of construction planned on July-August of 2020. Estimated date of completion of construction and commissioning — spring 2022.
Prices from 199,400 euros. Guaranteed rental yield for 20 years and 3 extension options for 7 years.
The complex includes 91 apartments, a parking for 46 cars, a restaurant, a bar and lounges. It offers for residents such services as housekeeping, breakfasts, bicycle rental, vending machines.
The apartments are furnished by the management company.
A complete package of property management services.
Net rent after deducting all expenses is transferred to the account of the owner.
The rent does not depend on the occupancy of the apartment.
Yield from 3.05% to 3.15%.
Apartment is sold without a buyer's commission.
Location and nearby infrastructure
Obersendling is a developed area with residential and commercial areas in the southern part of Munich, 10 km from the city center (22 minutes by car).
The area is unofficially considered as ”home“ of Siemens company, which has headquarters and a complex of its own buildings and units here.
Over the past 10 years, the district has been actively developing, according to the concept of “place to live and work”.
Real estate prices are growing steadily. The growth from Q1 2019 to Q1 2020 – 7%.