Real Estate in Lehel (Munich): Procedure, Prices, Checklist – Tips

Selling property in Lehel – You want to sell your apartment, your property or your apartment building in the historic district of Lehel? We show you how to achieve the highest price and bring your property quickly and efficiently to the buyer. After all, Lehel is in no way inferior to the popular districts of Altstadt, Bogenhausen, Maxvorstadt and Schwabing! Here you will find everything you need to know – from property valuation to the sales process. We also answer the question: sell property privately or with an estate agent? And what you should pay attention to! Welcome to Lehel! Back to overview: Selling real estate in Munich.

Lehel: Historic district with unique flair

A high quality of life, low unemployment rate, booming economy and breathtaking nature make up the charm of Munich. So it’s not just couples, families and students who are attracted to the romantic capital of Bavaria, but also entrepreneurs and investors. As one of the strongest economic metropolises in Germany, more and more start-ups are attracted here, not to mention the increasingly strong automotive and aviation industries.

Lehel: map and location

The Munich district of Lehel has a population of around 21,126. Lehel includes the old town with Marienplatz as its focal point and the new neo-Gothic style town hall. The popular residential area of Maxvorstadt, Schwabing and Bogenhausen are also not far away.

Sell real estate: Apartment, house, apartment building

Career opportunities elsewhere, divorce, family relocation or inheritance: selling a property requires not only a lot of preparation, but also time. After all, not only you as the seller are interested in a quick and efficient transaction, but also the buyer of your property. Whether it is a half-timbered house, a semi-detached house or a plot of land – your property should be sold at the best price and without a long waiting period. Given the current real estate prices in Munich, this requires above all negotiating skills and expertise. After all, the sales process and the purchase price depend not only on the location and the time of sale, but also on the different types of houses and apartments.

Learn more here:

So first up is the property valuation:

Real estate valuation: Valuation for the sale of real estate

The valuation of your property is important, as this is where the value and therefore also the purchase price is determined. Important: If the purchase price is too high, you scare off potential buyers and drag out the sales process. If the purchase price is too low, you are giving away money. A professional and realistic valuation is therefore of great importance.

Find out more about property valuation and the most important documents here:

Real estate for sale in Lehel: land, apartment & house

If you want to move for professional or private reasons, the sale of the house or apartment may require some haste. Even in the case of divorce, it is usually advantageous if you sell the jointly purchased and jointly financed property in a timely manner. At Lukinski, we can provide you with competent support in this regard and offer you the opportunity to sell the house without loss and without spending your own time or incurring unnecessary costs.

High demand especially from families

The town of Lehel has roots that go back to the Middle Ages. What you should also have seen in Lehel is the St. Anna Square. The ensemble here includes the parish church of St. Anna, which is considered one of the best examples of historicism in Munich. The high quality of life and the charming old town flair ensure that many families are looking for a house or a cosy condominium in Lehel. The city’s more exclusive properties can also be found here – in the most expensive streets in Munich.

House & apartment especially popular with families

Private sale or with a broker?

Whether Lehel, Altstadt, Bogenhausen or Neuhausen-Nymphenburg: As a rule, a house or a condominium is the most expensive possession you own. Only a few owners have the necessary know-how and negotiating skills that make the difference between success and loss when selling real estate. If you sell your house privately, all the preparatory tasks and the entire transaction are your responsibility. However, hiring a real estate agent can save you money, stress and time. So now the question is: Private sale or estate agent?

Real estate agent in Lehel: tasks & expertise

You do not have to worry about arranging viewing appointments or carrying them out, nor about preparing the exposé and publishing your offer. The valuation and the procurement of all documents will be carried out by us, as well as the solvency and credit check of the prospective buyer. All viewing appointments and notary appointments are also organised by the estate agent.

Here’s an overview:

Real estate agent in Lehel: Advantages

While you go about your daily life as usual and as you wish, the real estate agent takes over all tasks related to the preparation and sales phase of the property. Your real estate agent will also be happy to advise you on the topics of taxes and financing. Alternatively, depending on the question, you can also contact a real estate lawyer. If you sell your property with the help of an estate agent, you do not need to be available by telephone or respond to contact requests by e-mail, as we are the interface between you and prospective buyers. In practice, it has been shown that selling a house professionally is advantageous and achieves the best possible price in the process.

A professional home sale is beneficial and always achieves the best selling price.

As rhetorically experienced negotiating partners, we adjust to the respective interested party and achieve the offer price that we have estimated in consultation with you on the basis of the market value assessment. For many owners, price negotiations are an unpleasant matter. After all, it is about your property, with which you associate numerous emotions and memories. Hiring an estate agent saves time and money, ensures you an authentic price and is the best decision you can make when selling your property in Lehel.

Here is a summary of all the advantages:

  • Time saving
  • Cost saving
  • Best possible purchase price
  • Less stress for the seller

Mistake in the private sale of real estate: missing documents

The biggest mistake in private sales is based on missing documents. At the viewing, prospective buyers want to see the energy performance certificate, floor plans and land register excerpts, the site plan and invoices from renovations or maintenance. If documents are missing, it can have a detrimental effect on the price and general interest in your property. Obtaining most of the documents will incur costs and will result in you having to wait and present your case at various offices.

If you want to sell a property in Munich, always make sure that all important documents are there!

In any case, you should always have the following documents ready:

  • Energy certificate
  • Floor plan
  • Land register excerpt
  • Site plan
  • Invoices from renovations & maintenance

Price negotiation: Expertise of the broker convinces

Even when negotiating the price, private owners are often only partially able to justify the set price and convince the buyer with rhetorical fluency. If you enquire about a prospective buyer’s creditworthiness, view their proof of income and the bank’s financing confirmation, further pitfalls are present. Only if you interpret the facts and figures correctly and with experience can you protect yourself from risks and rule out the possibility that the house sale “falls through” at the notary appointment and the bank does not finance after all, for example.

Frequently asked questions for sellers

You want to buy a property and are now in a hurry with your current property sale? Or you want to buy an apartment building in order to rent it out lucratively? Whether Altstadt, Neuhausen-Nymphenburg, Lehel or Bogenhausen – here are the most important questions you need to ask yourself as an owner before selling:

  1. Do you have a follow-on property in mind?
  2. Is there a need for renovation / refurbishment of the apartment?
  3. Are all records and documents available?
  4. Are early repayment penalties payable?
  5. Are the declaration of partition, building insurance, minutes of the owners’ meeting, utility bills, list of rents, etc. available?
  6. Are there lists of the maintenance of the condominium (maintenance costs)?
  7. Should inventory be sold?
  8. Is there a right of first refusal?
  9. Value of the apartment?

Munich: Real Estate in Bavaria

Munich is the most populous city in Bavaria and the third largest municipality in Germany. With around 4,800 inhabitants per square kilometre, the Bavarian metropolis is also the most densely populated municipality in Germany. The figures confirm the population growth. More and more people want to live in the Bavarian metropolis. The proximity to the Alps and neighbouring Austria make Munich very attractive.

Real estate in Munich

Munich counts itself as one of the economic metropolises of Germany. It is also famous for its high quality of life and the surrounding nature. Skiing in the Alps or hiking, as well as countless lakes for summer activities are in the immediate vicinity, not to mention the Italian coast in the south.

Living in Munich: Popular districts & residential areas

In no other German city is housing as expensive as here. Experts agree that a property in Munich in the right neighbourhood is a safe investment. But what does ‘right location’ mean in Munich and what kind of investment should one expect to make in order to buy a decent apartment or a luxurious house in the capital of Bavaria? We answer these questions here! To the overview: Living in Munich

Sell, buy and live in Munich

More and more people want to live in the Bavarian metropolis. The proximity to the Alps and the neighbouring country Austria make Munich very attractive and also the individual districts have a lot to offer. While Lehel and the old town convince with their historical charm, the residential areas of Bogenhausen and Schwabing inspire with their variety of well-kept green spaces and parks. The vibrant Maxvorstadt and the elegant Nymphenburg are also among the most attractive places to live in Munich. Do you want to sell your apartment, your apartment building or your own property here? With our free guides on selling real estate in Munich, you are well prepared. To the overview: Selling real estate in Munich.