Glyzinenstraße 23 in Munich

Name: Sales in Glyzinenstraße 23 started!
Start: 2021-07-28T16:56:41.472945+00:00
End: 2023-12-31T23:59:59+0000
Location: Glyzinenstraße 23

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Construction

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Property for sale in Glyzinenstraße 23 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 13176

Finished at	April 2023
Price, m²	From 11800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	3
Apartments	6
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

719,800$

Net profit

7,813$

Payback period

71.2 years

Avg property value increase per year

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About the project

A high-quality apartment building with only five apartments is being built on the approx. 832 m² property. The offer ranges from a spacious 2-room apartment to a large garden apartment with 3 rooms on the ground floor and 2 hobby rooms in the basement.

Individual floor plans, modern architecture and large windows create a beautiful living environment. Selected materials ensure a high-quality look. The spacious private gardens, balconies and terraces offer plenty of space for relaxing breaks.