5 ms·
> 100-2000€ Munich, 28m2 flat, 1 room, built in 2019, price 720.000 EUR, location: right under the train tracks between inner and middle ring. That's 25.000 E
by volta83 5y ago
> 100-2000€
Munich, 28m2 flat, 1 room, built in 2019, price 720.000 EUR, location: right under the train tracks between inner and middle ring.
That's 25.000 EUR/m2 for a hole under the train tracks.
Old 100m2 flats between midle and inner rings go in munich for 1.5 million EUR if they are old and destroyed, and well over 2 million EUR if they are relatively new (2.5-3 million).
That's 15.000/m2 for old buildings requiring repairs and 25.000-30.000 EUR/m2 for new buildings.
So at least for Munich you are off by more than a 150x factor.
Saving 20k/year doesn't even give you 1m2 per year.