N10 München-Forstenried in Munich

Name: Sales in N10 München-Forstenried started!
Start: 2021-07-30T21:34:49.192246+00:00
End: 2023-12-31T23:59:59+0000
Location: N10 München-Forstenried

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Property for sale in N10 München-Forstenried — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 13242

Finished at	July 2021
Price, m²	From 8000$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 105.00 m²
Floors	3
Apartments	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

840,000$

Net profit

9,376$

Payback period

71.5 years

Avg property value increase per year

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About the project

Quality begins with the planning of your own "four walls". Successful architecture and solid brick construction of stable value have top priority for this reliable property developer who has been on the market for over 30 years. As far as technically possible, special requests are very welcome in the construction phase. The apartments already captivate with their high degree of individuality. Each of the apartments has at least 2 daylight bathrooms, one of which is an en-suite master bathroom. Large areas, which extend over the entire level of the respective apartment, offer, for example, living/dining/cooking areas of up to 46 m². Four-sided lighting of the apartments, thanks to predominantly floor-to-ceiling windows, ensures a generous, light-flooded home.

The ground floor apartment presents itself through its two attached hobby rooms in residential quality as a "house-in-house" apartment with a beautiful, intimate private garden (approx. 140 m²). The upper floor apartment and loft apartment face south-west aligned outdoor seating.

The special apartment sizes of the 3 to 5 room apartments with their approx. 105 m² to 188 m² living/usable space are not always common in a small residential complex and are therefore quite unique at this location.