Stadthaus ELVIRA 17 in Munich

Name: Stadthaus ELVIRA 17
Brand: KK UNTERNEHMENSGRUPPE
SKU: 13305
Availability: InStock

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Project info

Object ID: 13305

Finished at	August 2023
Price, m²	From 21230$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	5
Apartments	27
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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

785,510$

Net profit

5,883$

Payback period

97.2 years

Avg property value increase per year

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About the project

ELVIRA17 is an exceptionally exclusive property with stylish architecture in a centrally located, premium and prestigious spot. Here you live elegantly in the immediate vicinity of the most beautiful boulevard in the city and are surrounded by greenery and the city's cultural highlights. ELVIRA17 stands in the tradition of sophisticated city palaces and meets the highest standards of design, construction and outfitting quality.