Flat for sale 1 bedroom • 25 m² without real estateReichenhaller Strasse 27 München Giesing Bayern 81547

An approximately 25 m² studio apartment on the first floor of Reichenhaller Straße 27 in Munich is offered in a highly desirable location in Untergiesing, not far from the Grünwalder Stadion. The apartment has been completely and exquisitely renovated – featuring new hardwood flooring, freshly painted white walls, and a newly designed bathroom. A pleasant, east-facing balcony ensures morning sunlight and provides an inviting outdoor space. The apartment is available for immediate occupancy and is suitable both as a high-yield investment for rental purposes and for owner-occupancy. The building, constructed in 1960, is currently undergoing facade and roof renovations, which is why scaffolding is still present. The work is nearly complete. For the buyer, this offers the rare opportunity to obtain a freshly renovated apartment in a building that is also newly upgraded.

Untergiesing is one of Munich’s most sought-after and livable neighborhoods, combining urban lifestyle with high-quality living conditions. Reichenhaller Straße itself is a quiet residential street, ideal for those who appreciate a central location while still enjoying tranquility. The traditional Grünwalder Stadion, affectionately known among Munich residents as the “Sechzger,” is only a few minutes’ walk away. Within walking distance are the U-Bahn stations Wettersteinplatz (U1) and Silberhornstraße (U2), as well as tram lines 15 and 25 which provide a quick ride directly to the city center. The Isar River, with its extensive green areas and the Flaucher, is very close by, inviting you to relax, exercise, and take leisurely strolls. Numerous shops, bakeries, cafés, and restaurants along Tegernseer Landstraße ensure convenient daily supplies. Untergiesing is recognized as one of the districts with stable property value development and consistently high demand.

The apartment has been refurbished throughout to a high standard. New hardwood flooring has been installed in the living areas, the walls have been freshly painted white, and the bathroom has been completely redesigned. An east-facing balcony adds extra living value by providing additional outdoor space. The apartment is located on the first floor. The building dates back to 1960; the facade and roof are currently being comprehensively renovated, so the house will soon present itself in a freshly upgraded condition.

The sale is conducted directly by the owner, making it commission-free for the buyer. The apartment is immediately available and can either be used as a residence or rented out immediately.

Purchase Price

Purchase Price: 249,000 Euros + 11,000 Euros for the kitchen = 260,000 Euros

* Explanation of the Yield

The gross initial yield of approximately 5.3 percent mentioned in the title is calculated as follows: With a monthly cold rent of 1,150 Euros, the annual cold rent amounts to 13,800 Euros (1,150 Euros x 12). Based on the purchase price of 260,000 Euros, this corresponds to a gross initial yield of 13,800 divided by 260,000, or 5.3 percent. The figure is given as a gross value before ancillary purchase costs, non-transferable operating costs, and maintenance.

For any questions, you can reach me directly at:

Tel: 0171-7553306