4 room Apartment for sale in Munich, Bavaria

The 107 m² basement apartment in need of renovation offers a wide range of uses with its 4 rooms, a kitchen, a bathroom and a storage room. The living room is fitted with a vinyl floor with a wood look and there are 3 bedrooms. The apartment also has two bathrooms, one of which is currently used as a storage room. A parking space for bicycles, a basement compartment and a communal laundry room are also available. The generous ceiling height of 2.43 m creates an airy feeling of space, which gives the apartment additional charm. The owner lives in the apartment himself, which also has cable and internet connections. The apartment impresses with its excellent location directly on the Perlacher Forst, which offers a quiet atmosphere for relaxing hours. The plot on which the apartment is located has a generous size of 1318 square meters, which offers additional usage options. Despite the attractive price, which results from the extensive renovation work required, this property offers potential for numerous design options. Pricing and renovation costs: The market value calculation by the renowned company Sprengnetter resulted in a value of 800,000 euros for the apartment. Due to the need for renovation, the following deductions were made: Apartment access height: 1.95 m - 10% discount on the market value: 80,000 euros Renovation of all rooms: - Walls and ceilings (approx. 108 m² at 25 euros each): 2,700 euros - Floors (approx. 108 m² at 50 euros each): 5,400 euros Complete renovation of the bathrooms: Two bathrooms at 20,000 euros each - Deduction: 40,000 euros Total costs for renovation and refurbishment: 80,000 + 2,700 + 5,400 + 40,000 = 128,100 euros The sales price is calculated as follows: - Market value: 800,000 euros - Deductions for renovation and refurbishment: 128,100 euros - Calculated sales price: 671,900 euros - Sales price: 670,000 euros Note: The market analysis is attached to this exposé as a PDF. The building consists of a total of 9 residential units and offers a quiet, well-kept living atmosphere. If you are interested, you are welcome to request further documents by email or arrange a viewing appointment. We look forward to your inquiry.The basement apartment is located in the prestigious Untergiesing-Harlaching district in the south of Munich, one of the most sought-after residential areas in the city. Located in the immediate vicinity of the Perlacher Forest, the apartment offers a perfect combination of natural relaxation and urban life. The Perlacher Forest invites you to take relaxing walks and a variety of leisure activities and is considered Munich's green oasis. Other recreational areas such as the Isar and the Hochufer as well as the nearby Hellabrunn Zoo offer additional leisure opportunities. The location impresses with its excellent infrastructure. In the immediate vicinity there are two kindergartens, a primary school, a high school and numerous shops such as Edeka, Rewe, DM-Markt, Vinzenzmurr butcher's shop, a bakery, an organic food store and a stationery store. For medical care, the Harlaching Clinic, a pharmacy and a medical center are quickly accessible. In terms of culinary delights, there are various restaurants and cafés in the immediate vicinity, including a popular pizzeria. The transport links are excellent: public transport such as the subway, tram and bus can be reached in a few minutes on foot and provide a quick connection to the city center and other parts of Munich. The Munich-Salzburg motorway can also be reached in around five minutes. Harlaching offers a high quality of life thanks to its quiet, green surroundings and yet central location. The proximity to the Harlaching hospital, the training grounds of FC Bayern Munich and several sports clubs makes this district particularly attractive for families and sports enthusiasts. In summary, this location offers a perfect combination of urban life and natural relaxation, which makes it a particularly sought-after address in Munich. The building impresses with its modern architecture with clear lines and stylish elements. The well-maintained facade gives an inviting and appealing impression, which underlines the high quality of the property. - approx. 107 m² basement apartment in need of renovation - 4 rooms (living room with vinyl flooring in wood look, 3 bedrooms) - kitchen - 2 bathrooms (one is currently used as a storage room) - storage room - generous ceiling height of 2.43 m - owner lives in the apartment - cable and internet connection available - shared laundry room - bicycle parking space - cellar compartment - plot size: 1318 m² - attractive price due to extensive renovations that were deducted - quiet location directly on the Perlacher Forst with a wide range of possible usesModernizations and renovation measures (06.11.2001): - Facade: repainting the facade with highly diffusible facade paint (Difassil, Fa. Distler, recommended for building biology), repainting the windows in walnut color, as well as painting all external railings and the Entrance gate. - Windows: Replacement of the kitchen and bathroom windows in units 3, 10, 11, 12, 13, 20, 21 with thermal insulation glazing, k-value 1.1. - Roof covering: Cleaning and repainting of the metal roof of the entrance hall, renovation of the metal roof of the main building as part of the conversion of the penthouse apartment, renewal of the roof covering of the outbuilding (4 garages). - Roof drainage: renovation of the drainage shafts and new connection of the rain pipes on the south side. - Staircase and corridors: redesign of the walls and ceilings according to the sample, new lighting design with recessed spotlights, carpeting according to the sample. - Mailbox system: renewal of the flush-mounted, stove-enamelled mailbox system. - Bell system: renewal of the bell and light buttons in polished brass (including intercom system). - Central heating/hot water: Installation of a new boiler (oil, Viessmann, Vitoplex 100, 105KV) including extension of the central heating for hot water preparation. - Risers: Installation of new risers for cold and hot water in stainless steel, including line shut-offs on all floors. - Locking system: Conversion of the communal doors and the free apartments to a locking system. - Intercom: Installation of an intercom in all units (video as an option for an additional charge). - 2019: Installation of an automatic make-up system for the heating water.

Additional Property Information:
• Rooms: 4
• Bedrooms: 3
• Bathrooms: 1
• Size: 106 m²
• Reference: 5885#IIn57
• Year of construction: 1960