Flat for sale 1 bedroom • 36 m² without real estateMünchen Nymphenburg Bayern 80639

Best location Schloss Nymphenburg – nearly new furnished apartment with garden – available immediately or as an investment

Living here simply brings joy, whether you move in yourself or easily find a tenant. Relax with long walks in the Nymphenburg Palace Park or enjoy the fine restaurants and cafés nearby.

Total price including furniture and fitted kitchen: €530,000 – sale without broker commission.

The apartment is suitable both for owner-occupiers and for investors.

For investors:

The apartment was most recently rented for €1,680 per month, including ancillary costs of about €250 (plus electricity) = net rent of €1,430 per month, or €17,160 annually, which yields an interest rate of approximately 3.2% per year.

Newly built apartments are not subject to rent control if they were rented out for the first time after October 1, 2014!

Apartments in the desirable district of Nymphenburg, in close proximity to Nymphenburg Palace, are very rarely available and will surely continue to appreciate in value, especially as hardly any new buildings are constructed, and several project developers and property companies have become insolvent in Munich, meaning demand far exceeds supply.

The Nymphenburg district is one of Munich’s top locations. This popular neighborhood is very well connected in terms of infrastructure and offers a high quality of life with its many shopping and leisure options. Particularly due to its charming old buildings and lovely gardens, the area on the eastern edge of the city center is widely appreciated.

Munich’s city center – for example, Karlsplatz/Stachus – is only about 4 kilometers away and can be reached by car in approximately 15 minutes or by public transport in about 18 minutes.

The entire building has been completely renovated and extensively modernized with great attention to detail, and it is fully furnished with modern furniture.

The building won first place in the facade award category for thermal refurbishment.

+ Sunny west-facing terrace with a private portion of the garden

+ Oak parquet flooring

+ Electric shutters

+ Video intercom system

+ Staircases and landings finished in high-quality natural stone

+ Elaborate courtyard design following Feng Shui principles

+ High-quality elevator system

+ Nearly new, fully equipped fitted kitchen

+ Elegant bathroom with glass shower, a large mirror, and lighting

+ Laundry and drying room in the basement

+ The apartment is sold fully furnished, including furniture

+ A dedicated underground single parking space can be purchased upon request

In Munich and its surroundings, seven DAX companies are located, including big names such as BMW, Allianz, and Siemens or Infineon Technologies. This makes Munich the "DAX capital" of Germany, as no other German city hosts as many publicly listed companies.

Major US IT corporations have either their headquarters in Munich or are significantly expanding their presence there, including companies such as Apple, Fujitsu, Microsoft, Google, and IBM. Additionally, numerous medium-sized companies and startups contribute significantly to the region's dynamism; together with its 16 colleges and two universities, this acts like a magnet and is expected to increase the population from the current 1.6 million to 1.8 million by around 2030 – leading to rising rents and property prices.