Ready for occupancy: Energy-efficient (A+) 2-room apartment (new construction) in Vaterstetten (district of Parsdorf) - Unit 02.

Self-use or rental (special depreciation)

The newly built apartment building, comprising a total of twelve apartments, is located in a very quiet and natural setting in Parsdorf, a district of the municipality of Vaterstetten. The highly energy-efficient building (A+) was constructed in an environmentally friendly and resource-saving manner. This provides residents with a pleasant indoor climate and a high quality of living. The multi-family building is BIRN certified and meets the KfW 40 QNG standard, which stands for particularly energy-efficient new construction. The well-designed and high-quality 2-room apartment, with approximately 59 square meters of living space, is located on the ground floor of the building and faces west. It features a spacious entrance hall, a shower room, a bedroom, and a generous living/dining area. Underfloor heating with individual room control is installed throughout the apartment. The floors in the living areas are fitted with high-quality oak parquet flooring, while the hallway and bathroom feature tasteful, large-format ceramic tiles. The shower room is equipped with high-quality sanitary fixtures, including a large shower, a sink, and a toilet. The windows and patio doors feature triple-glazed insulation and are equipped with electrically operated shutters. Inside, the fully equipped built-in kitchen, designed in black and white, seamlessly integrates with the modern design of the apartment. You can relax and enjoy the tranquility on the terrace and in your own section of the garden. The apartment includes a lockable storage room in the basement. Bicycle parking is available both in the underground garage and on the property in front of the entrance. If desired, you can obtain a parking space in the underground garage for your car.

Depreciable assets and special depreciation for rental properties:
The building/apartment meets all the criteria for the current highest building depreciation rate for new constructions. When rented out, there are very high depreciation possibilities for income tax purposes: 10% of the building construction costs attributable to the apartment per year for the first 4 years, 5% in the 5th and 6th year, and then 3% on the remaining book value until the end of the depreciation period. The total depreciation for this apartment is €143,300 over the first 6 years, compared to €58,700 for a conventional building. Please see the detailed information on this at the end of this brochure.

Parsdorf is located approximately 15 km east of the Bavarian capital, Munich, and has direct access to the A94 motorway. The Munich-East motorway junction is just a few minutes away by car. Within the village, you will find excellent shopping opportunities at the Parsdorf industrial area and the Parsdorf City outlet center. Restaurants, a kindergarten, and a primary school are within walking distance. Doctors, pharmacies, and secondary schools are located in neighboring communities. The surrounding area is rural, and the nearby Ebersberger Forest, with its numerous cycling and hiking trails, offers excellent opportunities for sports and recreation. The Wildpark Poing or the MAXXARENA in Kirchheim also guarantee leisure fun. By car, you can reach the Munich Trade Fair in approximately 5 minutes. It takes just under 25 minutes to reach the center of Munich. The Munich Airport is also about 25 minutes away via the airport access road. The S-Bahn (suburban train) takes you from Baldham or Grub to the center of Munich in approximately 25 minutes. There are good public transport bus connections to the Grub and Baldham S-Bahn stations.

Tax incentives for depreciation:
Accelerated depreciation and special depreciation. The "Growth Opportunities Act" has improved the conditions for special depreciation in the construction of new rental apartments:

The period of application has been extended until the end of September 2029. The upper limit for construction costs has been increased to 5,200 euros per square meter (previously 4,800 euros), and the eligible construction and acquisition costs have been raised to 4,000 euros per square meter (previously 2,500 euros). For this construction project, the area is 1,457.00 m². As an alternative method for accurately determining the construction costs per m² (living) area, the gross floor area (GFA) of the building resulting from the construction project can be used. The GFA is calculated as the total area of all floor plans of a building, as determined according to DIN 277. The corresponding information must be demonstrable based on the construction documents. With a building investment share of 4,000,000.00 euros, this results in a value of 2,745.36 euros/m² (4,000,000 euros ÷ 1,457 m²). This is significantly below the current upper limit of 5,200 euros/m². The "Growth Opportunities Act" has retrospectively increased the maximum subsidy amount to 4,000 euros per square meter, effective January 1, 2023. This means:
1,457 m² × €4,000/m² = €5,828,000 (maximum eligible amount). In our case, this allows for the deduction of the total production costs of €4,000,000, as well as a portion of the acquisition costs, as there is still a significant buffer available. Production costs and acquisition costs (proportional):
• Purchase price (production costs of the building, excluding land)
• Property transfer tax
• Notary fees for transfer and purchase agreement
• Real estate agent fees
• Architect's fees (for assessment)
• Viewing costs (travel expenses, etc.)
• Land registry entry (without registering a mortgage)
• Valuation report
The special depreciation allowance of up to 5% per year can be claimed in the year of acquisition or completion of the apartment/building, and in the three subsequent years (§ 7b para. 1 sentence 1 of the Corporate Tax Act). Landlords have the option to claim the depreciation allowance for one, two, or three years. Because this is an annual depreciation, it does not need to be allocated proportionally (monthly), but applies to the entire year of the benefit period. It is expressly recommended that the buyer seek individual advice from an independent tax advisor.