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    Buy-to-let apartment in Munich

    209,000 €
    • Total area 20 m²
    • Completion in: 2022.I
    • 16-floor building
    • 2 floor
    • Fully let
    • End of lease: 2042
    • Total rooms: 1
    • 1 bathroom
    • Balcony or terrace
    • Furnished
    • From developer
    • Garden
    • Car parks

    The modern residential complex includes 607 apartments with 1–2 rooms, a lobby, a restaurant, a fitness area, a shared rooftop terrace and underground parking for 147 cars. The apartments are sold fully furnished and equipped. Some have private gardens. For an additional fee of 33,800 euros, you can purchase a parking space. It will be rented out for 97 euros per month (yield 3.44%). Complex offers a hotel-like concept with common areas such as co-working spaces, restaurants and fitness.

    Completion of construction — 1st quarter 2022.

    Guaranteed rental income 3.1 – 3.4%.

    The term of the contract is 20 years + option of renewal for 5 years.

    Equipment

    • Elevator
    • Parquet flooring
    • Open kitchen
    • Barrier-free
    • Fitted kitchen
    • Furnished

    Infrastructure

    There is a supermarket and a drugstore right in the house. Munich's largest shopping center is only 2 underground stations (4 minutes by car) away. Numerous gastronomic offers are in the vicinity.

    Also only 2 underground stations are there to the new cultural center of the district, the Kulturquadrat Neuperlach. Thanks to the ideal connection, cultural hotspots such as the German Museum or the Gasteig can be reached in just a few minutes by underground or suburban railway.

    A close-knit network of doctors and pharmacies is available for supply in the Neuperlach district. In an emergency, the renowned Neuperlach Clinic can be reached in 4 minutes by car.

    Tenants

    The apartments will be rented out for short and medium term rent (up to 6 months).

    Potential tenants:

    • business travelers
    • people from the suburbs, who coming to Munich for the workweek
    • young professionals
    • digital nomads

    Location and nearby infrastructure

    Munich is located on the river Isar in the south of Germany. The city is the capital of Bavaria — the richest and most developed region in the country. In the whole world it is famous for its brewing traditions and Oktoberfest. The city has many museums and cultural values. Today Munich is a large industrial, research and scientific center.

    Located directly next to subway and S-Bahn train stations, complex offers perfect connections to the centre, the trade fair and the airport.

    • Central station approx. 17 min (U5 underground)
    • Marienplatz approx. 17 min (S7 train)
    • Trade fair (Messe) approx. 20 min (car or underground)
    • Starnberger See approx. 35 min (car)
    • Airport approx. 35 min (car), 48 min (underground and S-Bahn trains)

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