

See how a 74 sqm Munich apartment was renovated in 1–2 months, converted into 3 rental rooms, and now generates €2,475/month + ~€23K in year-one tax returns.

Only ~5.5% equity needed
~€33K investment for a €600K property
Yield increased from ~2% → ~5%
Through co-living conversion
€2,475/month rental income
3 rooms rented separately
~€23,000 tax return (Year 1)
From renovation & tax structuring
Prime Munich location
High demand, near-zero vacancy

