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APARTMENT HOUSE MUNICH MAXVORSTADT SALE BY BIDDING PROCEDURE MINIMUM BID € 8.250.000,-

80333 München OT Maxvorstadt (Maxvorstadt) – Bayern
8.250.000 €
24
Room
823.60 m²
Living Area
339 m²
Plot Area
Private offer
House
Multi-family house

FREE OF COMMISSION, SOLD BY THE OWNER.

RARITY, APARTMENT HOUSE IN THE CENTER
THE PROPERTY IS BEING OFFERED IN A BIDDING PROCESS. MINIMUM BID € 8.250.000,-
The property is not located in the conservation area!

The residential building comprises 24 apartments, 12 of which have balconies on the west side,
as well as a store on the ground floor and rented cellar rooms.
The price includes 7 car and 4 motorcycle parking spaces.

The rented living space and total area of
total area of 823.60 sqm is made up as follows:
Store on the ground floor with approx. 68.60 sqm
10 apartments on the east side with approx. 25.85 sqm
10 apartments on the west side with approx. 30.50 sqm.
Two attic apartments with approx. 22.55 sqm.
Two further attic apartments as attractive maisonette units with approx. 25.70 sqm living space each.
plus approx. 15.60 sqm floor space, the second apartment plus approx. 24.40 sqm floor space on the roof gallery level.
As well as a storage room in the basement with 55.00 sqm.

Basic information:
Basic rent from 01.01.2026 p.a. € 274.000,-
Cold rent from 01.01.2027 p.a. € 285.500,-
Potential basic rent p.a., approx. € 372,000 for furnished rental.
The apartments are currently let unfurnished.

VZ heating, WW and operating costs p.a. approx. 39.700,-
Rents from 01.01.2026
Office €/sqm 30.17
Courtyard €/sqm 4.21
Cellar €/sqm 13.64
Apartment €/sqm 29.14* on average
*Comparable rent according to Munich rent index 2025,
plus 10% rent cap = €/ sqm 31.20

The building is in very good condition and is of new-build standard.
THERE IS NO RENOVATION BACKLOG.

Internet: The building has a fiber optic connection from M-Net. Tenants are free to choose their own connection speed and provider.

THE PROPERTY WAS COMPLETELY RENOVATED BETWEEN 2004 AND 2005.
The work in detail:

District heating central heating completely renewed, with control, valves, hot water boiler, heat exchanger, pressure equalization vessels with automatic refill and all pipes.

In the apartments:
Interior doors with floor-to-ceiling glass doors
Large floor-to-ceiling windows, approx. 2.00 x 2.20 m, with blinds
Video intercom system
Bathrooms with all sanitary facilities, 20 with bathtub, 5 with shower, all tiled to wall height
Cold and hot water pipes and heating pipes, all in stainless steel
Tubular radiators in the living room, tubular towel warmers in the bathroom
Laminate flooring in the living room, tiles in the kitchen, hallway and bathroom
Electrics in the apartments renewed.
12 spacious balconies were added on the courtyard side.

Sewage pipes SML steel pipes
New entrance gate and access door to the courtyard passageway.
Roof and façade insulation to current energy standards.
Natural stone tiles on the street façade and in the passageway to the rear courtyard.
Trenches for rainwater infiltration.
Driveway: sealed, paving laid.
Infiltration-capable surfacing in the courtyard.
Free laundry room in the basement.

11 kitchens were renovated in 2014.

2019 the elevator incl. control was renewed. The staircase coverings on the landings were covered with natural stone.

Stairwell painted in 2020.

2023 9 kitchens were renovated.
A new front door was installed.

In 2024 and 2025, one new kitchen each was installed.

The house was built in 1955 to a solid standard. No monument protection.

The property is supplied with district heating - hot water.

Plot size 339sqm. Standard land value €/sqm 16.500,- as of 01.01.22.

Are you interested in this house?

Object Number
OM-412008
Object Class
House
Object Type
Multi-family house
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
8.250.000 €
Purchase additional costs
approx. 381,332 €
Total costs
approx. 8,631,331 €

Breakdown of Costs

Purchase price 8.250.000 €
Real estate transfer tax 288,750 € (3.50%)
Notary costs 61,368 € (0.74%)
Land register entry 31,214 € (0.38%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 29,810€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.42%

Details

Condition
Rehabilitated
Number of floors
7
Number of parking lots
8
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1955
Equipment
Balcony, Elevator, Full bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Secondary school, High school, Public transport

Information on equipment

The property has a rented area of approx. 823.60 sqm, 7 car parking spaces in the courtyard - five of which are covered - and 4 motorcycle parking spaces, all under roof.
The basement area is 50% rented, otherwise there is a laundry room, boiler room, electricity meter room, WC with shower and janitor's room in the basement.

The 823.60 square meters of this property - from the converted cellar, store with courtyard area, to the roof peak - regardless of whether living space, usable space or commercial space, has been rented for decades without *vacancy.

*Due to the central location, the vacancy rate is record low.
Less than 0.1% in the last 5 years
The property is currently fully let.

The courtyard area, approx. 185 sqm of which 118 sqm are covered, with all parking spaces, is rented by the store.
The commercial tenant has been a solid contractual partner since 1988. The next generation is ready to lead the company into the future with fresh vigor.
The courtyard roof is green. An oasis for birds and insects. The courtyard-side apartments are exceptionally quiet and benefit from the westerly orientation. The floor-to-ceiling double-glazed windows flood the rooms with sunlight until late in the evening.

The furnishings are upmarket. All apartments have a fitted kitchen belonging to the landlord.

There is a graduated rent agreement for 18 apartments, with an increase of approx. 2% on 01.01. in each case. An index-linked rent has been agreed for a further 6 apartments.

An index-linked agreement applies to the commercial tenancy agreement from 2027 to safeguard the value.

The rent index for Maxvorstadt has risen by more than 20% in the last three years.

Location

Due to the proximity to the UNI, the one-room apartments are in high demand. There are currently 14 people on the waiting list. The apartments have not been advertised for over 10 years.

Königsplatz and Stiglmeierplatz can be reached on foot in 5 minutes.
Public transportation: From Königsplatz U2, U8 bus lines 58, 100 and 150.
From Stieglmeierplatz U1, U7, streetcar lines 20 and 21, bus lines 58 and 68.
It takes about 15 minutes to get to the main station.
Munich's Maxvorstadt district is young and dynamic. The immediate vicinity is peppered with a wide variety of cafés, bars and restaurants.
Supermarket, pharmacies, hairdressers, banks all within 2 minutes.
Glypothek, Staatliche Antikensammlung, Lenbach Museum, Geologische Staatssammlung, NS-Dokumentationzentrum, Museum Ägyptischer Kunst, all no more than 5 minutes away.

The UNI with its various facilities, such as the TU and the associated library, TUM School of Management, the University of Television and Film, the University of Music and Theater, the canteen in Arcisstr. can all be reached by bike within 10 minutes.

Due to the central location and proximity to the university, these small apartments are in particularly high demand. Young professionals and students make up the majority of tenants.

Location Check

Eating Out
Health
Shopping
Public Transport
Culture
Nightlife
Sports
Child Friendliness
Nature

Energy

Main energy source
District heating

PDF

Miscellaneous

POTENTIAL:
There is great demand for furnished apartments, especially in this location.
Approximately 30% higher yields can be achieved if the apartments are furnished accordingly.

ABOUT THE BIDDING PROCESS:
First view the property before submitting a bid.

Please send viewing requests by email, stating your telephone number. The appointment will then be arranged by telephone.

The minimum bid price for this apartment building, including parking spaces, is
€ 8.250.000,-

The bidding process is not an auction. Both parties, buyer and seller, are not bound until the notary appointment. The prospective buyer's offer is a declaration of intent to purchase. The seller is free to decide whether to accept the offer.

The sale is made directly by the owner and is therefore commission-free.
The bidding process is concluded by the seller.
Do you have any questions about the bidding process? Please contact us!

Please no estate agent inquiries for general brokerage.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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