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4 bed flat for sale in Munich, Germany, 120 m² - photo 1
4 bed flat for sale in Munich, Germany, 120 m² - photo 2
4 bed flat for sale in Munich, Germany, 120 m² - photo 3
4 bed flat for sale in Munich, Germany, 120 m² - photo 4

4 bed flat for sale in Munich, Germany, 120 m²

ID: 247853
Price€920,000
TypeFlat
Covered area120 m²
Beds4
Bath2
Rooms4
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Description

We offer for sale four-room apartment is located near the famous English garden in the equally famous area of Munich Schwabing.
The apartment is located on the fifth floor of a building built in the 70s and has an amazing user friendly layout.
Large dining/living room with integrated open kitchen has an exit to the South terrace of 20 m2 with spectacular views of the city.
The apartment has three bedrooms, two bathrooms and a guest toilet.

The main advantages of the apartment:
– Total area approx. 120 m2, 20 m2 Sunny terrace facing South,
– 4 rooms, 2 bathrooms, 1 guest toilet.
– built-in white kitchen,
- excellent layout,
– large utility room in the basement (with sink),
– Elevator,
– ability to use the pool.

Price : 880.000 euros plus 2 Parking places in the underground garage at 20,000 euros each.
Total price : 920.000 euros.

For Munich Schwabing - not just the area of the city is a special style of life. To spend a pleasant evening in the outdoor cafe on Leopoldstrasse, go through the many trendy shops, summer stroll in the cool shade of a beautiful English Park, sit in the beer garden at the Chinese tower, stroll through the quiet streets with houses built in the art Deco style, and this is not a complete list of what is good in Schwabing.

This area is rich in history, there were painters, sculptors, writers, in the restaurants of the Schwabing met Ernst Kirchner, Franz Marc, Paul Klee, the group of artists "Blue Rider" with Wassily Kandinsky at the head of, the writers Thomas Mann, Frank Wedekind.
Here is where to go with children: in addition to the English garden in summer and in winter you can go indoor and outdoor pools, cinema, to visit exhibitions.

In Schwabing is very convenient public transport: metro lines, buses, trams will help you to reach any point of the city.

The development of the Bohemian district of Schwabing was over by the sixties of the twentieth century, but with real estate prices in the area have remained at a dizzying level. Over the last few years they rapidly increased again, although the estate has not changed – just the prestige of Schwabing is growing, who want to live in a magnificent apartment in art Nouveau style circa Ainmillerstrasse and square Hohenzollern a lot. Prices for apartments in houses on Koeniginstrasse or the English garden can be called astronomical, but, nevertheless, they are paid.

New housing construction is conducted primarily in the North of Schwabing, near the Olympic Park: there had previously been the company Knorr, now the plots allotted for construction of residential property

Extra Сosts when Buying Property

Property Transfer Tax 3,5-6%
Notary Fees 0,7-3%
Legal Costs 0,3-1%

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Ongoing Ownership Costs

Annual property tax for a small flat €70-150 p.a.
Gaz €3-4/m³
Electricity, on average €0,29 KW/h
Water €0,30-0,50/m³
Radio and Cable TV €17/month
Internet ADSL €9,95/month
Fixed Telephone €15-40/month
Management company fees €30-50/month

Additional Services Costs

Agent Fee 3-6%+VAT

Return on Investment

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