SAVOYENSTRASSE sieben in Munich

Name: Sales in SAVOYENSTRASSE sieben started!
Start: 2021-07-15T10:28:40.615704+00:00
End: 2023-12-31T23:59:59+0000
Location: SAVOYENSTRASSE sieben

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Property for sale in SAVOYENSTRASSE sieben — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 12935

Finished at	March 2022
Price, m²	From 15500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

1,209,000$

Net profit

8,283$

Payback period

114.0 years

Avg property value increase per year

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About the project

With the new building project "SAVOYENSTRASSE seven", six sophisticated residential units are being built in a prime location in the immediate vicinity of the palace gardens. The Nymphenburg Palace with its wonderful parks, the driveway avenues and the palace canal characterize this coveted living environment. The modern interpreted classic architecture with excellent floor plans, perfect south-west orientation and large window fronts convey a light living ambience.

The equipment is of high quality: floor-to-ceiling window elements, fine oak parquet, underfloor heating,

Designer bathrooms with porcelain stoneware, floor-level showers and Dornbracht fittings.

The project is being implemented by the HWN. The HWN Group was founded in 2009 by Markus Neun and Christian Herdt-Wipper with the aim of creating lasting values. To this day, the founders have a clear idea of how living space should be designed. You want to realize real estate projects that trigger positive emotions and sustainably change the cityscape for the better. The company, which has eight employees, has implemented a total project volume of around € 300 million.