ID: 1528
House

Office building for sale Bavaria, Munich, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€3,500,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this charming office building in Munich, Bavaria Free Land. The property includes 35 parking spaces.

Currently there is an effective indefinite lease with a period of termination notice of 6 months. There is a possibility of a new long-term contract conclusion at the moment of sale.

Year built - 1997

Building Area – 2,000 m2

Land Area – 1,650 m2

Price – €3,500,000

Revenues from the rent – €195,900 per year

Current Rate of return – 5.6%

Munich is a city in the south of Germany. Munich is the capital of Bavaria free land and the administrative district of Upper Bavaria. The population of the city is about 1.5 million people. It is the largest city of Bavaria and the third city of Germany (after Berlin and Hamburg). There are the governments of Munich city district, Bavaria, and Upper Bavaria district located in Munich .

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Do not miss a unique opportunity to have an office building in Germany!

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Office building
  • Property Type: Secondary market
  • Status: Good
  • Location: Munich, Bavaria, Germany
  • Land Area: 1650 m²
  • Total Area: 2000 m²
  • Sale Price: €3,500,000

Financial Information

Price
€3,500,000
Rent Income per year
€195900
Rent Income per month
€16325
Profitability
5.6%
Payback
17,87 years
Installment
Mortgage

Purchase Cost

Agency commission
7.14%
Tax on the purchase
3.5%
Services notary
1%
Inventory
0.5%
Rental services
Services of the management company

Facilities

Parking place
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 1650 m²
Total Area: 2000 m²
Year Built: 1997
Parking: Есть
Parking Spaces: 35
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