NO BALCONY, BUT APPROXIMATELY 5.2% YIELD | Renovated 2-room apartment in the city center | No commission fees.

Investment opportunity in Munich's Au district with attractive rental potential.

For sale is a completely renovated 2-room apartment with approximately 55 square meters of living space, located in the Untere Au district, just a few steps from Kolumbusplatz. The apartment will be handed over vacant, making it particularly suitable for investors who wish to re-rent it immediately after purchase. There are already concrete potential tenants interested in the apartment. Two couples have indicated their interest in renting the apartment at a gross monthly rent of approximately €2,000. With a purchase price of €448,000 plus €15,000 for the new fitted kitchen, this results in a potential gross yield of approximately 5.2% based on a monthly gross rent of €2,000. It is important to note that this does not include any rental guarantee. The final rental agreement and tenant selection are the responsibility of the buyer. The apartment itself has been comprehensively renovated and is presented in a modern and immediately rentable condition. New oak parquet flooring, a modernized bathroom, a new fitted kitchen, and an efficient layout create excellent conditions for long-term attractive rental potential. The spacious living area is approximately 26 square meters. The bedroom, at approximately 15 square meters, also offers a comfortable size for a 2-room apartment. Please note the following before making your inquiry:

The apartment is located on a high floor, faces Falkenstraße, and does not have a balcony. If these points are acceptable for your purchasing decision, we would be delighted to receive your inquiry.

Features:
The apartment has been completely renovated and is in move-in ready condition. Key features include:
• Approximately 55 m² of living space
• 2 rooms
• Spacious living area of approximately 26 m²
• Bedroom of approximately 15 m²
• New oak parquet flooring
• Modernized bathroom
• High-quality shower with glass enclosure
• New fitted kitchen
• Large windows
• Central heating
• Passenger elevator in the building
• Private storage room in the basement
• Available immediately
• No need for renovations
• Sale directly from the owner
• No buyer's commission

The new, custom-fitted kitchen will be included in the purchase price of the apartment for an additional €15,000.

Service Charges:
The current monthly service charges are approximately €500. It is important to distinguish between the total service charges and the actual costs that remain with the owner. A portion of the service charges covers operating and heating costs that can be passed on. The apartment was previously occupied by a family, so the previous heating consumption may not necessarily reflect future usage. We will, of course, provide serious potential buyers with the current documents of the homeowners' association and a detailed breakdown of the service charges. The apartment is located in the popular Untere Au district, just a few steps from Kolumbusplatz. The location offers excellent transport links, short distances to Munich city center, and a high quality of life. The Kolumbusplatz subway station, with lines U1 and U2, is located nearby. Sendlinger Tor, the main train station, and numerous other central locations in Munich are easily accessible. Shopping facilities, restaurants, cafes, and everyday amenities are also within walking distance. A significant advantage of the location is its proximity to the Isar River. Parks, the Auer Mühlbach stream, and the green spaces along the Isar offer a high recreational value. Mariahilfplatz and Nockherberg are also located nearby. This location is particularly well-suited for renting, combining several important factors:
• Central location in Munich
• Excellent public transport links
• Proximity to the Isar River
• High level of local amenities
• Short distances to the city center
• High demand for compact 2-room apartments.