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410 000 €

Studio in Munich, Germany, 30.51 sq.m

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  • Studio in Munich, Germany, 30.51 sq.m - picture 1
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  • Studio in Munich, Germany, 30.51 sq.m - picture 1
  • Property ID on Prian.info: 3420726
    Property ID on company's website: 12411-DEU60051
    Last update: 17.11.2023
    Number of views: 2211

410 000 €

Studio in Munich, Germany, 30.51 sq.m

31 sq.m 2 1 1

  • On the map
  • Property ID on Prian.info: 3420726
    Property ID on company's website: 12411-DEU60051
    Last update: 17.11.2023
    Number of views: 2211

Specifications

Sale price 410 000 €
Price per square meter 13 438.22 €
Floor area 30.51 sq.m
Floor 1
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1
Address Germany, Munich, Herbigstraße 31
studio

Description

Investment with a rosy outlook - studio apart


Finding an attractive apartment in the boomtown of Munich normally requires a lot of patience. Or a lot of luck! Well, your luck just came in at Munich Vibes! This ultra-modern, 2-room new-build studio is tailor-made for the fast, flexible lifestyle of modern Munich residents. This bright and smart 30-sqm apartment on the 1st floor is creatively and exclusively furnished, including a fitted kitchen with household appliances. You can choose between two design lines for the final fit-out. This fully equipped apartment is ready for you to move in and the fit-out is included in the purchase price. This studio unit has separate sleeping and living areas, a west-facing balcony and a parking space, and it's well connected to public transport. The project developer will even take care of the entire rental process if you'd like - and give you a guarantee on the fit-out. So you can earn a secure, attractive return month after month. Sounds easy? It is.
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 €420,000
Top investment in an easily accessible and green location in one of Germany’s most sought-after cities
Smart and convenient: doorbell system with video intercom via cell phone app
smart key (key and chip) with 24-hour unlocking service and in-house parcel box
Parking space with electric charging station in the building’s underground garage with car lift
Bicycle parking and outstanding public transport connections
Low investment threshold with high rental income: yield of approx. 2.9%
Secure returns, convenient management: developer provides a rental management service
Developer provides a warranty for any damages during the entire lease period



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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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.