| Living area approx. | 824 m² |
|---|
| Plot area | 339 m² |
|---|---|
| Usable floor area | 824 m² |
| Purchase price | 8.427.250 € |
|---|---|
| Price per m² | 10,232.21 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
Your inputs are calculated only in this browser and are not saved or sent to TraumImmo.
More financing calculators and assumptionsRare investment opportunity in a prime city-centre location
APARTMENT BUILDING WITH 24 UNITS · FULLY LET · NO COMMISSION
€8,427,250 Purchase price
An exceptional apartment building in one of Munich’s most sought-after city-centre locations: 24 apartments, established commercial space, parking spaces, a lift and around 823.60 m² of let space on a plot of approx. 339 m².
The standard land value is stated as €11,800 per m² as of 01.01.2026. This results in a land value of €4,000,200.
Fully let. No vacancy. Rental default risk close to 0%. Comprehensively refurbished. No backlog of repairs.
Further rent increases achievable.
Gross rental yield approx. 3.5%
Net rental yield from January 2027 approx. 3% (assuming €36,000 p.a. in non-recoverable costs, currently close to €0)
Purchase price factor: 29.1
Current Munich market figures*
Gross rental yield: 2.0% to 3.0% for existing properties
Net rental yield: 1.5% to 2.2% after costs
Purchase price factor: 35 to 45 annual net cold rents
Average city-centre price: approx. €9,500 to €11,500/m²
*(Source: Numera Vision)
Built in 1956, the building underwent comprehensive refurbishment in 2004/2005 and has been continuously modernised ever since. The lift, building services, pipes, bathrooms, windows, façade and roof have been replaced or modernised. Further investments were made in 2026.
KEY FEATURES AT A GLANCE
24 apartments in high demand
approx. 823.60 m² of let space
Retail unit: office with approx. 68.60 m² and courtyard area of approx. 185 m²,
of which approx. 118 m² is covered, providing parking for 7 cars and 4 motorcycles
12 spacious balconies
Lift
Fibre-optic internet
District heating
Fitted kitchens in all apartments
Fully let
Waiting list with currently 9 prospective tenants
Extremely low vacancy rate for years
Not located in a conservation area
No listed-building status
Sale by owner with no commission
ATTRACTIVE INCOME POTENTIAL
The net cold rent has been around €279,000 p.a. since 01.09.2026 and will increase to around €288,000 in January 2027.
With appropriate further development, rental potential of around €370,000 p.a. is realistic.
18 apartments have stepped-rent agreements and a further 6 have index-linked rent agreements. The long-standing commercial lease is also index-linked from 2027.
Your destination goes to Google Maps only when you submit the form. TraumImmo neither stores nor logs it.
8.427.250 € TOP MUNICH CITY - MAXVORSTADT80333 München– Maxvorstadt
150.000 € A GREEN RESPITE TO BREATHE DEEPLY80997 München
14.900 € COMPLETELY RENOVATED – OWNER-OCCUPATION OR RENTING81927 München
