LI02 ENGLSCHALKING in Munich

Name: Sales in LI02 ENGLSCHALKING started!
Start: 2021-07-14T06:49:33.384380+00:00
End: 2023-12-31T23:59:59+0000
Location: LI02 ENGLSCHALKING

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Project info

Object ID: 12902

Finished at	April 2022
Price, m²	From 12500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 124.00 m²
Floors	3
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,550,000$

Net profit

9,376$

Payback period

131.9 years

Avg property value increase per year

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About the project

This individually planned complex in Munich-Englschalking offers a total of 3 newly built apartments with 4 rooms each. Bright and contemporary in design, each of the three apartments offers ample space to realize your wishes and create a relaxing haven away from the hectic city life. In this building, living quality and style are combined with modern building services to form an extraordinary and harmonious whole.

Living in Bogenhausen-Englschalking has a lot to do with quality of life, because the district offers a good combination between proximity to the city center and proximity to nature. Englschalking, which was incorporated into Munich with the municipality of Daglfing in 1930, is now part of the Bogenhausen urban district. Characterized by residential areas with single-family homes and leafy, secluded gardens, its neighborly charm makes it a cozy gem in sophisticated Bogenhausen. The main axis of Englschalking, Freischützstraße, is only a few minutes away. Here you will find numerous stores for daily needs - from butchers, bakers and supermarkets to doctors and restaurants, you will find everything your heart desires. The nearby Rienzipark stretches all the way to the Oberföhringer Straße and invites to extensive walks and jogging. The popular Chinese Tower in the English Garden can be reached by bike in a good quarter of an hour. The Cosima Wellenbad and a cinema in Arabellapark round off the leisure facilities. The transport connections are also optimal. The S8 train not only takes you to the airport in about 30 minutes, it also takes you to downtown Munich in less than half an hour. By car, you are quickly on the A99 or A94 and thus on the eastern ring road.

Developer

Domino Bau- und Handels GmbH is a family-run property developer with over 30 years of market experience. Over the decades we have specialize…
Details about DOMINO Bau- und Handels GmbH