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Beautiful, central 1-room apartment with ground floor in leasehold: 17 years of good & affordable living!
80809 München – BayernWe (family owners) are offering a beautiful, very inexpensive and occupancy-free apartment for € 120,000 (VB) free of brokerage from 1.4.2025, which enables owner-occupiers to live very cheaply (no rent / rent increase, only operating costs). It is a leasehold apartment that can be used for 17 years (until 31.12.2041).
The operating costs are low (incl. underground parking space currently approx. € 260 p.m.): monthly house fee for the apartment and the underground parking space € 315 p.m. (incl. ground rent). Over 17 years, the costs including the purchase price are around € 30,000 less than the rent for a comparable apartment with an underground garage.
However, the apartment can also be rented out very well. The underground parking space can be rented separately and cost-effectively. The building is very well maintained (e.g. new elevators).
The apartment (approx. 37.20 sqm) is very well laid out, barrier-free and bright (3rd floor, 2 elevators, fitted kitchen, large covered west-facing balcony, large underground parking space) and is located on Schleißheimerstrasse in the immediate vicinity of Luitpoldpark and the Petuelring underground station.
The attractive purchase price of €120,000 (VB) is based on the fact that ownership of the apartment and the entire property is limited by the leasehold agreement, which runs until the end of 2041. At the end of the leasehold period (31.12.2041), ownership of the property will be transferred to the owner of the land without compensation.
Are you interested in this apartment?
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Object Number
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OM-310145
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Object Class
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apartment
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Object Type
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apartment
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Is occupied
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Vacant
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Handover from
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April 1, 2025
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Purchase price & additional costs
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purchase price
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120.000 €
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Purchase additional costs
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approx. 6,319 €
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Total costs
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approx. 126,318 €
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HOA fee
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224 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 474€
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Details
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Condition
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well-kept
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Level
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3rd floor
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Usable area
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4 m²
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Bathrooms (number)
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1
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Number of underground garages
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1
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Flooring
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laminate, tiles, other (see text)
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Heating
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underfloor heating
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Year of construction
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1967
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Equipment
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balcony, basement, elevator, full bath, fitted kitchen, barrier-free
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
The living/sleeping area is accessed via the hallway (with plenty of storage space). The living/sleeping area is very bright and friendly thanks to the generous, floor-to-ceiling window front, connected to a loggia-like balcony. The balcony protects against direct sunlight and excessive heat. The fitted kitchen is open to the living area. The large, covered and wind-protected west-facing balcony with awning and plant trough is particularly attractive. The bathroom is equipped with a bathtub. The apartment has a separate, dry storage room (approx. 4 sqm) in the hallway opposite the apartment entrance door.
In the basement of the residential complex there is access to the underground parking garage as well as common rooms (waste disposal, large bicycle cellar with its own access as well as several washing machines and dryers).
Location
The apartment is located on Schleißheimerstrasse in a large, well-maintained, tree-lined residential complex built in 1967 (solid construction) on a large plot in the immediate vicinity of Luitpoldpark and the Petuelring underground station in the northern part of Munich's sought-after Schwabing district. The location is very convenient not only for drivers: universities, cinemas, the English Garden, the Olympic Park, the main railway station, etc. are all within easy reach thanks to the underground and streetcar lines (close to the Petuelring underground and streetcar station).
Location Check
Energy
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Final energy consumption
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186.50 kWh/(m²a)
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Energy efficiency class
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F
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Energy certificate type
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consumption certificate
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Main energy source
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gas
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Grundriss Whg. mit Maßangaben
Miscellaneous
We can only respond to letters and arrange viewing appointments if the liquidity is documented beforehand.
Topic portals
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