| Type | Flat |
|---|---|
| Floor | 2 |
| Living area approx. | 42 m² |
| Year built | 1994 |
| Bedrooms | 1 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 2 |
| Bathrooms | 1 |
| Heating | Central heating |
| Type of energy certificate | Energy consumption |
|---|---|
| Floors in the building | 5 |
| Purchase price | 375.000 € |
|---|---|
| Price per m² | 8,928.57 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsLocation
Quiet, south-facing location away from the street on the border between Giesing and Ramersdorf. Shops, doctors and fitness studios are in the immediate vicinity. The Chiemgaustraße tram and bus stop is about a 5-minute walk away, and Giesing U-/S-Bahn station is about 10 minutes away. The city centre and main roads out of town are quickly accessible via the Mittlerer Ring, and the Isar is about a 10-minute bike ride away. From the south-facing balcony, you have an unobstructed view of the garden.
Features
- 2 rooms (living room, bedroom) with approx. 42 m² of living space on the 2nd floor, conveniently accessible by elevator
- bright living room facing entirely south, with an open, high-quality fitted kitchen (2017)
- continuous laminate flooring in the living areas (2017), tiles in the bathroom and hallway
- all interior doors replaced in 2017
- bathroom with bathtub (shower head), tiled to the ceiling; washbasin and toilet replaced in 2017
- south-facing balcony (approx. 3.8 m²) with an unobstructed view of the garden
- private cellar storage unit, bicycle and pram room
- dry laundry room in the basement with a dedicated connection for the apartment’s washing machine and dryer
- underground garage duplex parking space (lower space) with access inside the building, permitted vehicle dimensions according to the manufacturer: L 5.00 m, W 1.90 m, H 1.50 m, 2.0 t
- central natural gas heating
Condition
The apartment is in a well-maintained apartment building dating from 1994 and was extensively modernised in 2017 (kitchen, flooring, interior doors, washbasin and toilet). The passenger elevator was modernised in 2023.
New windows at the end of October 2026
In May 2026, the owners’ association resolved to replace all windows and the entrance door. Installation will take place at the end of October 2026. Funding is secured through an approved special assessment, and the seller has already paid the full share attributable to the apartment. The buyer therefore takes over the apartment with no outstanding special assessment for this work. The energy performance certificate does not yet take the new windows into account.
Purchase price
The apartment costs €375,000 (approx. €8,929/m²). The underground garage duplex parking space is an additional €20,000. The total purchase price is therefore €395,000. The sale is private, with no estate agent’s commission for the buyer.
Service charge
The monthly service charge is €320.63 (apartment €266.85, garage €53.78). Of this, €125.99 is recoverable and €194.64 is non-recoverable, including €120.33 allocated to the reserve fund. As of 31.12.2025, the maintenance reserve stood at €66,109.13 (main owners’ association) and €20,541.62 (Garage).
Rental
The apartment has been rented indefinitely since 01.01.2025: net cold rent €1.050 (25,00 €/m²) plus €90 for the garage, advance payment for service charges €150, security deposit €3.000. The rental agreement transfers to the buyer unchanged pursuant to § 566 BGB. The annual net cold rent including the garage is €13.680, the gross rental yield is approx. 3,5 %, the purchase price multiplier is 28,9 and the net rental yield after non-recoverable service charges is approx. 2,9 %.
Residential complex and energy performance certificate
16 residential units, 16 parking spaces, plot area approx. 730 m². Energy performance certificate: consumption-based certificate, efficiency class E, 132,65 kWh/(m²·a), energy source natural gas, year of construction 1994, valid until 11.10.2027.
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