Savoyenstraße 5: Zuhause in Nymphenburg in Munich

Name: Sales in Savoyenstraße 5: Zuhause in Nymphenburg started!
Start: 2021-07-15T10:17:21.137090+00:00
End: 2023-12-31T23:59:59+0000
Location: Savoyenstraße 5: Zuhause in Nymphenburg

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Project info

Object ID: 12934

Finished at	July 2022
Price, m²	From 18000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.00 m²
Floors	3
Condition	Turnkey
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

864,000$

Net profit

6,783$

Payback period

95.7 years

Avg property value increase per year

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About the project

A new building with an extremely attractive modern architecture is being built on a spacious, sunny plot of land. The building comprises eight residential units and an underground car park. Floor-to-ceiling windows give this exclusive multi-family complex a modern appearance, create light-flooded living spaces and open up beautiful views to the outside. The inviting architectural language is also continued inside the apartments.

The equipment is of high quality and designed for discerning residents. Oiled oak parquet flooring, underfloor heating, BUS system, light-colored porcelain stoneware in the bathrooms, Dornbracht fittings and sanitary objects from Villeroy & Boch create a high quality of living. Each unit is assigned at least one underground parking space and one cellar compartment (with the exception of apartment 2).

Construction has already started and the project will be completed in summer 2022.