Pullach-Großhesselohe in Munich County
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THE ONLY GLOBAL LIFESTYLE REAL ESTATE COMPANY 1 State capital Munich Munich is a cosmopolitan city in Bavaria Munich is a cosmopolitan city with a heart. In 2018, the city was awarded by the British magazine Monocle as the most liveable city in the world. In addition, the New York Times recommends a visit to the Bavarian State Opera, the Lenbach- house, the Munich Kammerspiele and the Residenztheatre as top destination for 2019. The universities are among the best in the world. In addition to the excellent leisure activities, the versatile attractions and the excellent gastronomy, Munich triumphs in terms of high security and cleanliness. With more than 1.5 million inhabitants, the city is also regarded as the German engine of growth and has a very well balanced mix of industries. These include automotive, IT and telecommunications, technology and research, fnancial services as well as life and medical sciences. 2 Munich South Pullach-Großhesselohe in Munich county The county of Munich has Germany‘s third-highest purchasing power after Starnberg (¤33,102) and Hochtaunus (¤31,687), followed by the city of Munich (¤30,998). The municipal „Pullach im Isartal“ is in the Munich suburbs and divided into 5 districts. Corporate headquarters of Hermes medicines, Sixt SE and Linde Group beneft from the low trade tax rate (260% vs. 490% city of Munich) Großhesselohe is the most northern district and is highly popular with affuent inhabitants due to its excellent location between Starnberger Lake, Munich and Garmisch-Partenkirchen. The real estate investment in this particular villa location is a special rarity, because a comparable property comes to market only every jubilee. 3 Investment Highlights Grand Mansion - 10 years let High-yield real estate investment in Munich‘s exclusive villa district Pullach im Isartal - Großhesselohe Prime micro location on the high banks of the Isar river Villa built in 2002 with 517 m2 of living space, 155 m2 usable area and 4 underground parking spaces 2,334 m2 land area which is legally divided and which has an upside potential of additional construction permission of 550 m2 residential and usable space on the undeveloped part of the land 10 years triple-net lease with 2x5 years tenant renewal option The current rent payment is € 258,000 per year or € 2,400,000 in 10 years, whereas a rental pre-payment of ¤ 1,500,000 is offered The tenant has an excellent credit rating The land value growth for Munich county was 5% per year in the last years, whereas the land values have increased above average in this highly demanded micro location. A loan-to-value of approximately 55% with pre-obtained fnancing conditions by a bank of 1% p.a. interest and 2% p.a. amortisation leads to a return-on-equity of 70% in a 10-years period, of which according to German tax law, real estate gains are tax-free after 10 years Purchase price: on application 4 Investment at a Glance View of the neo-classical Villa Map of the 2,334 m2 site 5 Impressions View of the neo-classical Villa Main entrance via the courtyard 6 Impressions Entering via the main courtyard, a welcoming entrance hall leads to the spacious living room with an integrated music room that accommodates a grand piano. The winter garden is fooded with light due to the south facing window front. A splendidly furnished dining room that is directly connected to the kitchen can host a large circle of family and friends. The marble-layered staircase leads to the gallery on the frst foor. The library with a cosy freplace is ideal for home offce purposes and is linked to the central piece of the perfectly symmetric facade, a balcony edged with sandstone balusters. The three bedrooms with three walking closets and two master bathrooms are all equipped with the fnest quality tiles and sanitary fttings from brand manufacturers. The basement accommodates a well-exposed bedroom studio equipped with living room, kitchen, and en-suite bathroom. A wine cellar and hallway links the mansion to the underground car park that has space for minimum 4 luxury cars complements the grand villa. Staircase to 1st foor gallery Library 7 Impressions Living room Music room 8 Impressions Dining room Winter garden 9 Floor plans 10 Floor Plans View East View West View North View South 11 Contact THE ONLY GLOBAL LIFESTYLE REAL ESTATE COMPANY Patricia Anne Carolina Greissl Managing Director Sendlinger-Tor-Platz 8 80336 München Tel.: (+49) 174 6342 369 Email: [email protected] Homepage: www.quintessentiallyestates.com Legal Notice © Quintessentially Estates 2019 Quintessentially Estates is a licenced trademark of Quintessentially Estates UK Ltd. The exclusive tradmark rights for Germany are held by AnnCarolina Real Estate GmbH, Commercial registry of Munich, HRB: 243699, Tax-ID: 143/114/21396 Managing Directors: Patricia Greißl, Marc Schmalisch We are pleased to offer you this real estate investment on behalf of the owner for a commission of 3.0% (plus VAT). The content of this brochure has been carefully checked for accuracy. However, we can- not gua- rantee for the completeness or correctness of the information. We do not accept any liability in relation to the information in this brochure. This brochure does not form part of a contract and is subject to change. This offer is intended for the recipient only and to be treated confi dential and only made available to third parties after approval by Quintessentially Estates. Infringement oblige the assignor to pay the commission in the orginally agreed amount. A further claim for damages remains unaffected. The commission claim is within the meaning of § 652 para. 1 BGB with conclusion of an effecti- ve main contract between the seller and buyer due when the main contract on Quintessentially Estates contractual proof/ mediation activity is based. The customer is obligated to inform us immediately, when, at which fee and with which participants the main contract was completed. Conditions preceded by the main contract do not affect the information obligation and the due date. The customer is aware of the fact, that Quintessentially Estates pursuant to § 3 para. 1 sentence 1 is obliged to identify the customer. The client is therefore obliged to assist Quintessentially Es- tates in the fulfi llment of these requirements. The customer agrees, upon request, without delay to submit relevant documents and to provide information to Quintessentially Estates for Quin- tessentially Estates to fulfi ll the services. Quintessentially Estates does not participate in dispute settlement proceedings in front of a consumer consiliation body. All contents of this brochure including its use applies exclusively to Germn law. Place of fulfi llment and jurisdiction is Munich. 12 .