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670 000 €

Apartment in Munich, Germany, 55 sq.m

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  • Apartment in Munich, Germany, 55 sq.m - picture 1
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  • Apartment in Munich, Germany, 55 sq.m - picture 1
  • Property ID on Prian.info: 3354615
    Property ID on company's website: 12411-DEU58249
    Last update: 16.11.2021
    Number of views: 1038

670 000 €

Apartment in Munich, Germany, 55 sq.m

55 sq.m 2 1 1

  • On the map
  • Property ID on Prian.info: 3354615
    Property ID on company's website: 12411-DEU58249
    Last update: 16.11.2021
    Number of views: 1038

Specifications

Sale price 670 000 €
Price per square meter 12 181.82 €
Floor area 55 sq.m
Floor 1
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1
Address Germany, Munich, Kiefernstraße 25a
Two-room Apartment

Description

1 Bedroom - Apartment - For Sale


The Bavarian capital is booming and Munich is synonymous with quality of life and livability. So, it's no wonder that attractive apartments here are both scarce and highly sought-after. Normally, anyone looking for a smart investment in the Munich residential market will have their work cut out. With this exclusive property, however, investing couldn't be more convenient! Munich Vibes is an innovative, new-build residential complex, located in an easily accessible green oasis with outstanding local infrastructure. This modern, bright and smart 55-sqm apartment on the second floor has a living and cooking area with access to two balconies, a separate bedroom, utility room, bathroom and a parking space. The project developer will even take care of the entire rental process if you'd like. You won't have to lift a finger. There's never been a better way to buy an apartment in Munich. It's entirely up to you whether you want to rent out the apartment, or move in yourself!
Weissbier, Weisswurst, Dirndl and Lederhosen: that's what most people probably think of when they think of Munich. But apart from the Oktoberfest, the Bavarian capital is so much more: large companies such as BMW, Airbus, Allianz or Google have settled here and attract well-educated employees from all over the world. But even apart from its enormous economic strength, Munich's attractiveness is undisputed: The many green spots, the proximity to the Alps and the hospitable culture make Munich a real place of longing with an exceptionally high quality of life. So let's go to one of the 60 beer gardens - after all, beer is considered a staple food here. But joking aside: Munich offers an attractive market for condominiums - after all, the purchase prices for new buildings have risen by around 38 per cent in the past five years.
The purchase price including parking space is EUR 695,000
Great investment in a well-connected and green location in one of the most sought-after cities in Germany
Smart and convenient: doorbell system with video intercom controllable via cell phone, smart key (key and chip
EV-ready space in the building’s underground parking garage with car lift
bicycle parking and excellent public transport connections
Low capital investment and attractive rental income. Yield: approx. 2.9%
Secure returns and convenient investment:
Project developer can manage rentals and provides a warranty for potential damages during entire lease period
For investors or owner-occupiers: This is where Munich’s quality of life is at home



Cost of accomodation in Munich

Cost of accomodation in Munich
Restaurants
Cappuccino (regular) 3.71 €
Coke/Pepsi (0.33 liter bottle) 3.30 €
Domestic Beer (0.5 liter draught) 4.80 €
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 €
Meal, Inexpensive Restaurant 15.00 €
Water (0.33 liter bottle) 2.88 €
Imported Beer (0.33 liter bottle) 4.50 €
Markets
Apples (1kg) 2.49 €
Banana (1kg) 1.68 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 16.83 €
Bottle of Wine (Mid-Range) 6.00 €
Chicken Fillets (1kg) 12.39 €
Domestic Beer (0.5 liter bottle) 0.99 €
Eggs (regular) (12) 3.24 €
Lettuce (1 head) 1.61 €
Loaf of Fresh White Bread (500g) 2.19 €
Local Cheese (1kg) 13.72 €
Milk (regular), (1 liter) 1.26 €
Onion (1kg) 1.81 €
Oranges (1kg) 2.34 €
Cigarettes 20 Pack (Marlboro) 8.00 €
Potato (1kg) 1.79 €
Rice (white), (1kg) 2.65 €
Tomato (1kg) 2.56 €
Water (1.5 liter bottle) 0.86 €
Imported Beer (0.33 liter bottle) 1.79 €
Transportation
Gasoline (1 liter) 1.84 €
Monthly Pass (Regular Price) 49.00 €
One-way Ticket (Local Transport) 3.70 €
Taxi 1hour Waiting (Normal Tariff) 30.00 €
Taxi Start (Normal Tariff) 5.00 €
Taxi 1km (Normal Tariff) 2.28 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25 308.13 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 386.60 €
Apartment (1 bedroom) Outside of Centre 1 129.29 €
Apartment (3 bedrooms) in City Centre 2 470.00 €
Apartment (3 bedrooms) Outside of Centre 1 894.17 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.05 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 301.19 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 39.57 €
Sports And Leisure
Cinema, International Release, 1 Seat 13.00 €
Fitness Club, Monthly Fee for 1 Adult 45.75 €
Tennis Court Rent (1 Hour on Weekend) 27.94 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 85.85 €
1 Pair of Men Leather Business Shoes 113.00 €
1 Pair of Nike Running Shoes (Mid-Range) 87.43 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.80 €
Childcare
International Primary School, Yearly for 1 Child 16 750.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 769.05 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 11 732.32 €
Price per Square Meter to Buy Apartment Outside of Centre 8 578.97 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 3 515.79 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.46 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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