Global Property Guide

Financial Information for the Residential Property Buyer

Condo

Full Description

This offer is a solid apartment of a larger residential complex in the heritable building right in the Munich district of Neuaubing. The optimal layout of the apartment is generous and ideal for a couple or a small family and has a spacious hallway area, a spacious living room with sunny balcony and view, fitted kitchen and a bathroom with tub and a separate toilet.

The apartment can be renovated by a few specific renovation measures (e.g. new sanitary areas, new kitchen, etc.) to a small piece of jewelry.

You reach the apartment with elevator on the 3rd floor. The plant is by accomplished reorganization measures (front, elevator, balconies, heating, window) in a well maintained condition.

Due to the convenient location, bus stops within walking distance and the nearby S-Bahn station (10 minutes by foot) as well as the numerous shopping possibilities in the vicinity, this offer represents a suitable investment object within the scope of a rental.

Information on heritable building rights:

Remaining term: 52 years, monthly ground rent: 111,57 € (included in the house money)
purchase price: 320.000 € plus 10.000 € garage
Ground rent can be claimed for tax purposes in the case of rented property

An agent's commission in the amount of 3.57 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

Munich is a city of superlatives with a fantastic alpine panorama. It is the highest located city in Germany, has the highest population density with 4,800 inhabitants per km² and impresses with the highest quality of life in Germany. Through the English Garden, the P1 Club, Maximilianstrasse, Marienplatz and not to forget the Oktoberfest, the city achieved cult status worldwide. In this way, the list could be continued indefinitely. Numerous tourists appreciate the Bavarian cosiness and tradition. The creative people, armed with their laptops, make the industry insecure and the big finance and insurance companies intervene in world affairs from here.

The property is located in Neuaubing. You can reach the S-Bahn station within approx. 4 minutes by car or on foot in approx. 10 minutes. Munich Central Station can be reached within approx. 17 minutes.

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.

Key Information

Property ID: 39601123
Location: Germany, Bavaria
Categories:
  • Apartment
  • Condo
Bedrooms: 3
Bathrooms: 1
Price:
  • £269,802
  • €320,000
  • $353,120
Short Description:

Condominium, year of construction 1971, 3rd floor, storage room, built-in kitchen, bathroom(s) without window, bathtub, central heat, energy consumption 92.6 kWh/(m²*a)