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High-yield investment with a 5.3% return, or should you withdraw your funds? Inquire now!

Reichenhaller Strasse 27, 81547 München (Giesing) – Bayern
249.000 €
1
Room
25 m²
Living Area
Private offer
Apartment

For sale is a roughly 25 m² one-room apartment on the first floor of Reichenhaller Straße 27 in Munich, in a desirable location in Untergiesing, close to the Grünwalder Stadium. The apartment has been completely and high-quality renovated: new parquet flooring, walls freshly painted white, and a redesigned bathroom. A pleasant, east-facing balcony provides morning sunlight and an inviting outdoor space. The apartment is available immediately and is suitable both as a high-yield investment property for rental and for personal use. The building, constructed in 1960, is currently undergoing renovation, particularly to the facade and roof, so scaffolding is still in place. The work is nearing completion. For the buyer, this represents the rare combination of a newly renovated apartment in a building that has also been recently refurbished.

Are you interested in this apartment?

Object Number
OM-479767
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
249.000 €
Purchase additional costs
approx. 12,380 €
Total costs
approx. 261,380 €
HOA fee
215 €

Breakdown of Costs

Purchase price 249.000 €
Real estate transfer tax 8,715 € (3.50%)
Notary costs 2,428 € (0.97%)
Land register entry 1,238 € (0.50%)
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: 1,006€

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 4.06%

Details

Condition
First occupancy after renovation
Number of floors
4
Level
1st floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Parquet
Year of construction
1960
Equipment
Balcony, Basement

Information on equipment

The apartment has been completely renovated to a high standard. New parquet flooring has been installed in the living areas, the walls have been freshly painted white, and the bathroom has been completely redesigned. An east-facing balcony complements the apartment and adds to its appeal with outdoor living space. The apartment is located on the first floor. The building was constructed in 1960, and the facade and roof are currently undergoing extensive renovations, so the building will soon be presented in a newly renovated condition.

Location

Untergiesing is one of the most sought-after and livable districts in Munich, combining an urban atmosphere with a high quality of life. The Reichenhaller Straße itself is a quiet residential street, ideal for those who appreciate a central location and yet value tranquility. The historic Grünwalder Stadium, affectionately known as "Sechzger" by the people of Munich, is just a few minutes' walk away. You can easily reach the Wettersteinplatz (U1) and Silberhornstraße (U2) subway stations, as well as tram lines 15 and 25, which will quickly take you directly to the city center. The Isar River, with its vast green spaces and meadows, is located nearby and offers opportunities for relaxation, sports, and walks. Numerous shops, bakeries, cafes, and restaurants along the Tegernseer Landstraße provide for everyday needs. Untergiesing is one of the districts with stable property values and consistently high demand.

Location Check

Eating Out
300m
Shopping
150m
Sports
350m
Public Transport
350m
Child Friendliness
300m
Health
150m
Culture
450m
Nature
100m
Nightlife
300m

Energy

Energy certificate type
Consumption certificate
Main energy source
Gas
Energy consumption value
227.00 kWh/(m²a)
Energy consumption for hot water included

Miscellaneous

The property is being sold directly by the owner, meaning there are no agency fees for the buyer. The apartment is available immediately and can be either used by the new owner or rented out right away.

Purchase Price:
Purchase price: €249,000 + €11,000 for the kitchen = €260,000

* Explanation of the Yield
The gross initial yield of approximately 5.3 percent, mentioned in the title, is calculated as follows: With a monthly base rent of €1,150, the annual base rent is €13,800 (€1,150 x 12). Based on the purchase price of €260,000, this corresponds to a gross initial yield of €13,800 divided by €260,000, which is 5.3 percent. This figure is a gross value before purchase ancillary costs, non-allocable management fees, and maintenance expenses.

If you have any questions, please contact me directly at:
Tel: 0171-7553306

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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Commission: No commission for buyers

Offer from: Marius Wiesler