Selling real estate in Munich: Procedure, documents and real estate agents – Land, Flat & House
Selling property in Munich – More and more people want to live in the Bavarian metropolis. The proximity to the Alps and the neighboring country Austria make Munich very attractive and also the individual districts have so much to offer. While Lehel and the Old Town convince with their historical charm, the residential areas of
Selling real estate in Munich: Coveted districts in the state capital
A diverse cultural offering, breathtaking architecture and picturesque landscapes make up Munich’s flair. This also has an effect on the lives of Munich residents: The standard of living is high, the economy is booming and the unemployment rate is low. Every year, the Bavarian capital not only attracts many tourists from all over Europe, but also entrepreneurs, investors, families and singles. Munich is a popular place to live that has something to offer for everyone.
The most desirable neighborhoods are:
Most popular residential areas: Lehel, Altstadt, Maxvorstadt & Co.
Here you can get an overview of the most popular and sought-after districts in Munich.
Neuhausen-Nymphenburg: Elegant district with excellent location
Neuhausen-Nymphenburg is a borough with a population of around 100,233 that stretches from Marsfeld on the outskirts of the city centre to Nymphenburg Palace Park in the west and extends north-south from the Olympiapark and the Gern villa colony to the tracks at the main railway station in Pasing. To the east, the district borders on the popular residential area of Schwabing and Maxvorstadt, as well as Munich’s old town, are not far away.
Lehel: Historic district with unique flair
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
Old town: Exclusive residential area with traditional charm
The Old Town in Munich is especially known for its medieval style. The numerous flagship stores of international brands or with selection for Bavarian traditional costumes in the pedestrian zone are much visited and make the Munich Altstadt very attractive. The districts of Lehel, Neuhausen-Nymphenburg, as well as Maxvorstadt are also nearby.
Schwabing: chic district with exclusive green spaces & parks
The famous district Schwabing is located in the north of the city and borders Maxvorstadt. The old town, Lehel, Neuhausen-Nymphenburg, as well as Maxvorstadt are also nearby. The district is characterized by its many green spaces, parks and monuments. Traditional boutiques, traditional costume shops and typical Munich coffee houses are also at home here and make up the charm of the district.
Bogenhausen: Upscale district in the north-east of Munich
The famous Bogenhausen district is located in the north-east of Munich and is thus somewhat removed from the hustle and bustle of the turbulent city centre. However, the popular districts of Lehel, Neuhausen-Nymphenburg and the historic old town are not far away by car.
Maxvorstadt: Pulsating district with urban flair
Maxvorstadt is located in the northern part of Munich and inspires as a hotspot for art, culture and science. Maxvorstadt is home to several monuments, museums and artistic institutions. It is also home to a variety of clubs, bars and restaurants.
House, apartment & land: Sell with real estate agent or privately?
Lukinski is a specialist for real estate throughout Germany. We represent the best locations in cities such as Berlin, Munich, Hamburg and Düsseldorf and sell apartments, single and multi-family houses, plots of land as well as commercial properties. One focus of our activity is the online marketing of real estate – because that’s where potential buyers concentrate to make their pre-selection. Our experience shows:
Professionally presented real estate sells the fastest
And so over 72% of all sellers trust their real estate agents & co! Find out here why selling real estate through an agent is worthwhile. What makes a competent estate agent and the biggest stumbling blocks of a private property sale.
Real estate agent: advantages & tasks
Above all, a broker has experience and probably knows the area better. This gives them personally less stress, more time for other things and, above all, greater security. Furthermore, you should not forget the contacts of the broker. This person has many years of market presence, which allows them to find potential buyers more quickly. However, make sure to look for a reputable and competent broker, so that he can assist you with his experience.
Find out more about finances, taxes & co. when sellingreal estate: Selling real estate taxes
In addition to a professional valuation that is appropriate to the local market, this also ensures that you can successfully contact potential buyers. You do not have to worry about obtaining all the important documents, arranging and conducting viewings and checking the solvency of interested parties on your own. For many property owners, selling a house is a one-off affair, so there is a lack of know-how and the recommended expertise. In addition: If you would like to sell your property off market, an experienced real estate agent is at your side here as well.
The main tasks of a broker at a glance:
- Real estate valuation
- Buyer contact
- Acquisition of important documents
- Organization and implementation of visits
- Processing & purchase contract
Private real estate sale: advantages
Maxvorstadt, Nymphenburg, Lehel or Bogenhausen – If you decide to sell your house privately, you can get a picture of the potential buyers yourself and have a look at them. In addition, you must not disregard the costs of an estate agent. Maybe I’ll get a better price because of the commission saved? So you don’t give the rudder out of your hand, you have everything under control and can follow every single step.
Here is a summary of all the advantages:
- No costs for brokers
- Constant control over the sales process
Conclusion: Expertise of the broker convinces!
Although a private real estate sale also brings advantages, the real estate agent convinces through his expertise and experience. If you do without an estate agent when selling real estate, you risk a much longer sales process than necessary, in the worst case a far too low sales price and extreme stress for you and your private life. Stress and excessive demands always lead to mistakes and hasty decisions, which can have serious consequences in the case of real estate, as we are not talking about a few hundred euros here, but significantly more money.
The process of selling real estate: valuing, marketing & Co.
The Bavarian capital Munich is one of the most sought-after cities in Germany. Demand, and therefore prices for real estate, are rising continuously. However, it is difficult to predict how long the trend will last. Selling your house or apartment today can achieve a very profitable selling price.
Good planning is half the battle
Whether it’s an inherited property or your own home – the sale should definitely be planned for the long term. Find out everything about the process, the property valuation, the most important documents & Co!
Valuation: Determine purchase price for apartment, property & apartment building
Whether it’s a spacious apartment in an old building, an exclusive bungalow or a luxurious detached house – experience shows that owners set a selling price that is far too high. The home is loved and a lot of time and effort has been invested. The tasteful and high-quality interior equipment is often little interesting with the real estate sales for the prospective customer and price increases are not accepted. Potential buyers are primarily interested in the technical condition of the property and the room layout.
The following questions will affect the purchase price of your property:
- What needs to be remediated in the short term?
- What is the condition of the home’s heating system, windows, electronics, and roof?
- Do you need to modernize the bathroom and kitchen?
- How family-friendly are the floor plans and stairs of the house?
- How far away are kindergarten and school?
Important documents: from the extract from the land register to the energy certificate
There are various documents to be obtained for the house sale. Your prospective buyers are also looking for information on the building permit, the building description and have legal questions about the property. Before the planned sale, the following documents should be available:
- Energy certificate (obligatory when placing the advertisement)
- Land register extract and cadastral map
- Living space calculation
- Building specification
- Floor plans, elevations
- Building permits
- Evidence of maintenance, modernization and repairs
- for condominiums: Minutes of the owners’ meetings, declarations of division.
Contact the authorities and offices in good time so that the documents are available in good time and in full. We will be happy to help you obtain some of the documents. The documents are not only required at the time of sale. The energy certificate is already obligatory when the first property advertisement is placed and must be presented to the prospective buyer at the viewing without being requested to do so.
Always allow enough time and costs if documents have to be requested first!
Exposé: Present property professionally with floor plan & photos
The online exposé is a decisive criterion in real estate sales. The internet and social media platforms are the hotspots of buyer research. We specialize in the online marketing of real estate throughout Germany and design attractive and meaningful exposés for your real estate sale. Here are some tips on how to present your house and apartment:
- Have a professional exposé created. With photos and text, it should appeal to seriously interested buyers, but without raising false expectations. Avoid superlatives and use many good photos.
- Name a realistic sales price. This is the only way that serious prospective buyers will come to the viewing appointments.
- Don’t wait until the viewing appointment to tidy up. The photos in the exposé are of great importance. Decluttering, cleaning and tidying up – including mowing the garden will leave a well-kept impression of the property. Minor repairs should also be repaired before a viewing.
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
- Lake Starnberg
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