Flat for sale 3+1 • 67 m² without real estateMünchen Schwabing Bayern 80797

Rare opportunity right at Olympiapark: This bright 3-room apartment impresses with its quiet location in a cul-de-sac and its immediate proximity to one of Munich’s most beautiful green spaces. The spacious south-facing balcony running along the entire width of the apartment and the well-thought-out layout make the property particularly attractive for both owner-occupiers and investors.

The apartment is located on the 4th floor of a well-maintained multi-family house and offers a very practical layout on approximately 66 m². All rooms are directly accessible from the hallway. The living room, with its large front windows and access to the balcony, appears especially bright and friendly. Adjacent is another well-proportioned room, ideally suited as a children’s room, guest room, or home office. The bedroom also offers a pleasant size with sufficient room for a large wardrobe.

The kitchen is functionally designed and equipped with two opposing countertop setups. The bathroom features a bathtub, WC, washbasin, and a practical shelf for additional storage.

The apartment is in well-maintained condition. In 2011, the windows were replaced; in 2019, the flooring in the living areas was updated and a new WC installed; and in 2022, the bathroom tiles were renewed.

Included with the apartment are a lockable, dry basement storage room and a conveniently located underground parking space (non-duplex, purchase price: €25,000). A lockable bicycle storage room, a shared laundry and drying room, as well as a playground in the courtyard complete the offer.

The apartment is situated in a quiet cul-de-sac with direct access to Olympiapark – one of Munich’s most popular green and recreational areas. The park is reachable within a few minutes’ walk and offers a variety of opportunities for sports, walks, and leisure activities. The well-known cherry blossoms in the immediate vicinity during springtime are a real highlight.

Despite the peaceful setting, the infrastructure is excellent: shops, cafés, bakeries, schools, kindergartens, as well as doctors and pharmacies, are all in the immediate vicinity and mostly within walking distance.

Access to public transportation is also very good: bus and tram stops are just a few minutes away, providing a quick connection to the city center.

Schwabing-West is one of the most sought-after residential areas in Munich, combining urban living with a high quality of life. The combination of a central location, an established neighborhood, and immediate proximity to Olympiapark ensures sustainably strong demand, making the property particularly attractive for both owner-occupiers and investors.

• Public transportation: approx. 500 m

• Pharmacies and doctors: approx. 400 m

• Supermarket, café, bakery: approx. 300 m

• Kindergarten: approx. 100 m

• Schools: approx. 1–2 km

• Bright bathroom with bathtub

• Spacious south-facing balcony spanning the entire width of the apartment

• Lockable, dry basement storage room

• Underground parking space (non-duplex)

• Functional fitted kitchen with two opposing countertop setups

• Elevator in the building

• Only approx. 150 m to the entrance of Olympiapark

Since 2020, the apartment has been reliably rented to pleasant, uncomplicated tenants (with a permanent rental contract) and has remained continuously occupied. It is therefore suitable both for investors and buyers considering future owner-occupation.

A termination for personal use is generally possible within the statutory notice periods, as there is no statutory protection period according to § 577a of the German Civil Code (BGB).

The current monthly service charge is €474. Part of these costs can be passed on to the tenant; a portion is allocated to the maintenance reserve. The condominium association has substantial reserves in the six-figure range, so no special assessments have been necessary to date.

Purchase Price:

Apartment: €525,000

Underground parking space (non-duplex): €25,000

Total Price: €550,000

Viewings are arranged in coordination with the current tenants.

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Some of the images shown include virtual example furnishings (digitally created).