Selling an apartment building in Munich: step by step

Let’s start with the question: How much is your apartment building in Munich actually worth? Find out all the steps of the sales process, from the valuation to handing over the keys.

Determine the value of your apartment building

The value of your property depends on various factors, including the location, the size of the apartments and the condition of the building, depending on the year of construction. A realistic sales price is crucial for a successful sale.

How to value an apartment building

The valuation of an apartment building is based on specific methods such as the comparative value method, the asset value method and the income capitalization method. A combination of these methods provides a realistic market value.

At least two of these methods are usually used to determine an exact value.

• Valuate apartment building
• Typical evaluation procedures
• Free evaluation by experts

Selling in Munich: What to look out for?

When selling your apartment building in Munich, you should consider a few important aspects:

1. Location and property prices: The target group of buyers depends heavily on the location and current property prices.
2. Documents: Make sure that you have prepared all relevant documents such as floor plans, land register excerpts and tenant lists.
3. Good contacts or an estate agent: An experienced estate agent can help you to organize the sales process efficiently and to approach the right buyers.

Location and property prices: The buyer target group in Munich

Munich is a sought-after real estate market with high property prices. The target group of potential buyers is looking for long-term investments and is prepared to pay corresponding prices.

You need to reach people who focus on long-term investments and do not need immediate cash flow.

Documents: Floor plans, land register excerpt, tenant lists, etc.

Before you start the sales process, make sure you have all the necessary documents for the property sale ready. This includes, among other things:

1. Land register extract
2. Parcel map
3. Building plans and building permits
4. Refurbishment status
5. Tenancy agreements and tenant list
6. Operating cost statements
7. Energy certificate
8. Status report or expert opinion

Good contacts or a good broker

As apartment buildings in Munich often fetch high prices, it is advisable to consult an experienced estate agent. An estate agent has the necessary contacts and can help you to approach the right buyers and achieve the best possible price.

Ultimately, it is always a personal question as to whether you want to sell with or without an estate agent.

Taxes when selling in Munich: What will you have to pay?

A quick look at the tax aspects of selling your apartment building in Munich:

1. Speculation tax: Sale within the speculation period is subject to tax.
2. 3-object rule in Munich.
3. Asset & share deals: differences in taxation depending on the sales structure.

The taxes are the same regardless of whether you are selling in Altstadt-Lehel, Ludwigsvorstadt-Isarvorstadt, Maxvorstadt, Schwabing-West, Neuhausen-Nymphenburg, Au-Haidhausen, Sendling-Westpark, Schwanthalerhöhe, Sendling or Bogenhausen.

Speculation tax: selling tax-free?

The speculation period is generally 10 years for rented properties. If you sell within this period, you must pay tax on the profits. After the period has expired, the sale is tax-free.

Further details on the 3-property rule and asset deals vs. share deals can be found in our article here.

Real estate & tax coaching

Do you need further support with the sale of your apartment building in Munich? We offer real estate and tax coaching by experts and investors. Contact us for more information:

• Real estate coaching
• Real estate tax coaching
• Contact us

Also discover our resources for real estate beginners:

• Real estate beginners

Selling an apartment building: Step by step

Let’s start with the most frequently asked question: “What is my apartment building worth?”. Then you will learn about all 18 steps of the sale, right up to handing over the keys in Berlin.

How much is your apartment building worth?

Small apartment buildings with 3 or 4 parties or large residential properties, with or without commercial space. There are many questions to answer. If you want to sell your apartment building, one thing is important:

A well-founded, market-oriented, realistic purchase price – the so-called market value.

How to value an apartment building

The property type determines the valuation method used to determine the market value. There are three standardized valuation methods for determining the market value of properties: the comparative value method, the asset value method and the capitalized earnings value method. Property, substance, year of construction, rental agreements, tenants and potential. We pay attention to all of these aspects when valuing apartment buildings in Berlin.

As a rule, at least two of these procedures are calculated simultaneously.

• Valuate apartment building
• Typical evaluation procedures
• Have an apartment building valued

Selling in Berlin: What to look out for?

1. Location, property prices: Buyer Target group
2. Documents: floor plans, extract from the land register, tenant lists
3. Good contacts or a good broker

Location, property prices: Buyer Target group

Berlin is special compared to other small German towns, cities and large cities. Berlin is extremelysought-after (A-location), not only by German buyers, but also abroad. Property prices are therefore so high that the expected return is rarely positive. This makes the investor target group more special.

You need to reach people who focus on long-term investments and do not need immediate cash flow.

This is why over 70% of apartment buildings in Berlin are sold with estate agents. Targeted marketing on-market and off-market, communication, credit checks, preliminary talks, documents, viewings, negotiations.

So be prepared, you are not selling a condominium with hundreds of prospective buyers, you have to address the right target group.

Documents: Floor plans, land register excerpt, tenant lists, etc.

Before the sales phase begins, you need all the relevant documents for selling your property. To cut a long story short, these are the documents you will need when selling an apartment building in Berlin:

1. Land register extract
2. Parcel map
3. Building plans and building permits
4. Refurbishment status / refurbishment backlog
5. Rental agreements
6. Tenant list
7. Operating cost statements
8. Energy certificate
9. Status report or expert opinion

Good contacts or a good broker

This brings us back to the right contacts. Apartment buildings in Berlin are usually not under 2 million euros, which requires special contacts with sufficient creditworthiness. This is precisely why over 70% of apartment buildings in Berlin are sold with estate agents.

Ultimately, it is always a personal question whether to sell, with or without an estate agent.

Anyone selling with an estate agent does not want to invest time in lengthy research, communication and negotiations. But it’s also about the selling price. If you only talk to 3 or 4 people yourself, you will be lucky to get 1 offer. Professionals use their contacts and talk to many potential buyers in order to get the best, highest offer that can be achieved in the current market situation.

Here are a few more details.

Taxes when selling in Berlin: What will you have to pay?

A very quick look at taxes when selling an apartment building in Berlin:

1. Speculation tax: sell tax-free
2. 3 objects rule in Berlin
3. Asset & share deals: only 1.54% tax

Speculation tax: selling tax-free?

The speculation period explained more quickly:

• (Exclusively owner-occupied = 3 years)
• Rented = 10 years

If you sell within the speculation period, you must – simply put – pay tax on the profits as normal, just like income from work, regardless of whether you are employed or self-employed. If you want to do a quick calculation, use my free speculation tax calculator. Once the period has expired, the sale is tax-free.

There is also the 3-object rule and, of interest to you, the difference between an asset deal and a share deal. Read more here:

• Selling an apartment building: Taxes

Real estate & tax coaching

Real estate & tax coaching from experts and investors. I am happy to bring you together with the best:

• Real estate coaching
• Real estate tax coaching
• Contact us

Here you can find more for:

• Real estate beginners

Buying a villa in Munich

In the world of luxury real estate, discretion is paramount. Exposés for first-class villas (from 5 million euros) cannot be found on conventional real estate portals. Celebrities, successful business people and public figures value discretion and rely on real estate experts with an exclusive circle of buyers and carefully selected communication channels.

By the way, for sellers, I am always looking for villas in Grünwald and BOgenhausen for my clients. Contact me without obligation, back to buying in Grünwald now!

Here you will find tips & villas in Munich Grünwald.

1. Buying a villa: Tips, procedure until the keys are handed over
2. The 2 most popular districts for villa purchases
3. Purchase process, location and more

Buying a villa in Munich Grünwald: city or countryside?

Do you dream of a luxurious lifestyle with plenty of space and privacy? A villa offers you just that. You can live in a spacious property that offers all amenities. Keep in mind that the costs of buying and maintaining a villa are often considerably higher than for other types of property. A villa requires a considerable financial investment and regular maintenance to maintain its splendor.

My recommendations for you:

• Build or buy a villa?
• Buy a villa

Classic, as in the cover picture above, or modern, as here, Munich Grünwald has a variety of architectural styles.

The most popular districts

Munich has many beautiful corners, two districts are particularly sought-after by buyers of villas and if you want to live and/or invest exclusively, you should take a look at Grünwald and Bogenhausen.

Green Forest

Quasi AA-location within Munich’s A-location, Munich Grünwald. If you want to live away from the hustle and bustle of the city but still be right in the middle of it.

Bogenhausen

A little closer to the city center in the northwest, Munich-Bogenhausen.

Are you buying your first property or villa? These will be your most important steps until the keys are handed over:

Procedure: explained step by step

Buying a villa is a structured process, similar to buying a conventional house. There are various steps, ranging from budget planning to handing over the keys. Each of these steps is crucial to a successful completion.

Buying a villa – The process explained step by step:

Find the right villa: Checklist

Various factors play a decisive role when buying a villa. The location of the property, the size of the plot, the room layout, furnishings and extras as well as safety and accessibility aspects are just some of the points to consider.

• Location
• Size of the property
• Room layout
• Equipment
• Safety of the environment
• Accessibility of the villa

Buying a villa involves various cost factors that need to be taken into account. In addition to the purchase price, there are also incidental purchase costs, including estate agent’s commission, notary fees and land transfer tax. Detailed financial planning is essential to avoid unpleasant surprises.

Purchase price and typical ancillary purchase costs: Overview

When buying a villa, costs are incurred that are made up of the purchase price for the property and the ancillary purchase costs. Here are the most important cost factors:

• Real estate transfer tax: 3.5%
• Notary fees: 1.5%
• Land register entry: 1.5 – 2.5%
• Broker commission: 7.14% depending on the purchase price

Where to buy in Munich Grünwald? Most exclusive locations

Munich Grünwald offers spacious plots, majestic avenues and prestigious estates. If you are looking for a villa in the most exclusive locations in Munich Grünwald, you will find what you are looking for in the Grunewald and Dahlem districts, among others. These districts not only offer an excellent quality of life, but also an exclusive living environment characterized by tranquillity and elegance.

Buying a villa in Munich Grünwald is not only an investment in exclusive living comfort, but also in a prestigious lifestyle. The city offers a wide range of villas in different locations, so there is something to suit every taste and requirement. Thorough planning, expert advice and transparent financing are key factors in successfuly realizing your dream of owning a villa in Munich Grünwald.

Selling an apartment building in Düsseldorf: step by step

Let’s start with the basic question: How much is your apartment building in Düsseldorf actually worth? Find out all the steps of the sales process, from the valuation to handing over the keys.

Determine the value of your apartment building

The value of your property depends on various factors, including the location, the size of the apartments and the condition of the building. A realistic sales price is crucial for a successful sale.

How to value an apartment building

The valuation of an apartment building is based on specific methods such as the comparative value method, the asset value method and the income capitalization method. A combination of these methods provides a realistic market value. The principle is the same for all districts, whether Stadtmitte, Pempelfort, Derendorf, Golzheim, Oberkassel, Unterbilk, Friedrichstadt, Bilk, Carlstadt or Flingern-Nord.

At least two of these methods are usually used to determine an exact value.

• Valuate apartment building
• Typical evaluation procedures
• Free evaluation by experts

Selling in Düsseldorf: What to look out for?

When selling your apartment building in Düsseldorf, you should consider a few important aspects:

1. Location and property prices: The target group of buyers depends heavily on the location and current property prices.
2. Documents: Make sure that you have prepared all relevant documents such as floor plans, land register excerpts and tenant lists.
3. Good contacts or an estate agent: An experienced estate agent can help you to organize the sales process efficiently and to approach the right buyers.

Location and property prices: The buyer target group in Düsseldorf

Düsseldorf is an attractive real estate market with various districts and a high demand for residential space(A-location). The target group of potential buyers is looking for long-term investments and is prepared to pay corresponding prices.

You need to reach people who focus on long-term investments and do not need immediate cash flow.

Documents: Floor plans, land register excerpt, tenant lists, etc.

Before you start the sales process, make sure you have all the necessary documents for the property sale ready. This includes, among other things:

1. Land register extract
2. Parcel map
3. Building plans and building permits
4. Refurbishment status
5. Tenancy agreements and tenant list
6. Operating cost statements
7. Energy certificate
8. Status report or expert opinion

Good contacts or a good broker

As apartment buildings in Düsseldorf often fetch high prices, it is advisable to consult an experienced estate agent. An estate agent has the necessary contacts and can help you to approach the right buyers and achieve the best possible price.

Ultimately, it is always a personal question as to whether you want to sell with or without an estate agent.

Taxes when selling in Düsseldorf: What will you have to pay?

A quick look at the tax aspects of selling your apartment building in Düsseldorf:

1. Speculation tax: Take into account the speculation period for tax-free sales.
2. 3-object rule in Düsseldorf.
3. Differences between asset deals and share deals: effects on taxation.

Speculation tax: selling tax-free?

The speculation period is generally 10 years for rented properties. If you sell within this period, you must pay tax on the profits. After the period has expired, the sale is tax-free.

Further details on the 3-property rule and asset deals vs. share deals can be found in our article here.

Real estate & tax coaching

Do you need further support with the sale of your apartment building in Düsseldorf? We offer real estate and tax coaching by experts and investors. Contact us for more information:

• Real estate coaching
• Real estate tax coaching
• Contact us

Also discover our resources for real estate beginners:

• Real estate beginners

Buy a villa in Berlin: Tips & Offers

In the world of luxury real estate, discretion is paramount. Exposés of first-class villas (5 million euros and more) are not found on conventional real estate portals. Celebrities, industrialists, and public figures value discretion and therefore rely on real estate experts with an internal buyer circle and filtered communication channels. Grunewald, Dahlem, Wannsee, Nikolassee or also city locations in Charlottenburg or Schöneberg, we start with the tips. Moreover, my villas in Berlin, if you are looking for them, you have the option to discover exclusive gems in Berlin.

By the way, for For Seller, I am always looking for villas in Berlin for my clients. Contact me Contact us without obligation.

Here you will find tips & Villas in Berlin.

1. Buy a villa: Tips, process up to the handover of keys
2. Villas in Berlin: My offers for you
3. Purchase process, districts & Co.

Buy a villa: Townhouse, town villa or outskirts of Berlin

Are you longing for a luxurious lifestyle with lots of space and privacy? A villa offers exactly that. You can live in a generous estate that offers all the comforts. However, the costs for the purchase and maintenance are often significantly higher than for other types of houses. A villa requires a considerable financial investment and regular care to maintain its shine.

My guides for you:

• Build or buy a villa?
• Buy a villa

Villas in Berlin: Off Market by Lukinski

Tip! Looking for a villa in Berlin? Take a look at my Off Market portfolio:

• Villa in Berlin

3 current examples! Villas and townhouses that might interest you:

• Villa 3.05 Mio. € – Grunewald
• Art Nouveau villa, 9.7 Mio. € – Nikolassee
• Townhouse 12.41 Mio € – City location

A hidden gem in the luxury real estate market is “Off Market” – an exclusive niche where properties are discreetly traded. Here, villas are offered before their official listing. Prices for these exclusive properties have risen significantly in recent years due to increased demand and the low-interest rate period. However, the market for luxury villas remains attractive.

More about our Off Market properties can be found here:

• Off Market Real Estate

Process: Explained Step by Step

Buying a villa is a structured process, similar to a typical house purchase, which includes various steps. More about additional costs of house purchase and how to plan for them. From the initial budget planning through the active property search to the handover of keys – each step is crucial for a successful completion.

Buying a villa – The step-by-step process explained:

Find the right villa: Checklist

When buying a villa, various factors play a decisive role. The location of the property, the size of the plot, the room layout, equipment and extras, as well as security and accessibility aspects are just some of the points to consider.

• Location
• Size of the plot
• Room layout
• Equipment
• Security of the surroundings
• Accessibility of the villa

Purchasing a villa comes with various cost factors that need to be taken into account. In addition to the purchase price, there are also purchase-related costs, including real estate agent commission, notary fees and land transfer tax. A detailed financial plan is essential to avoid unpleasant surprises.

Let’s take a closer look at the individual cost items in the next step.

Purchase price and typical purchase-related costs: Overview

When buying a villa, costs arise that consist of 1) the purchase price of the property and 2) the purchase-related costs. However, be careful: Part of the purchase-related costs is the same in all federal states. The other part varies depending on which federal state you buy your villa in. In addition, if you work with a real estate agent, there is the agent’s commission. In a private sale, this is split between buyer and seller.

But how high are the purchase-related costs in Berlin? Here’s an overview:

• Land transfer tax: 6.0%
• Notary fees: 1.5%
• Land register entry: 1.5-2.5%
• Agent’s commission: 7.14% depending on the purchase price

Where to buy in Berlin? Most exclusive locations

Spacious plots, majestic avenues, and representative estates define the charm of Berlin’s most luxurious neighborhoods. If you’re looking for a villa in Berlin’s most expensive areas, you will find them, among others, in the districts of Grunewald and Dahlem. These neighborhoods offer not only excellent quality of life but also an exclusive living environment characterized by peace and elegance.

Here is a selection of Berlin’s most exclusive neighborhoods:

• Grunewald
• Dahlem
• Wannsee
• Weißensee
• Charlottenburg
• Schöneberg
• …

Berlin has many beautiful areas, but the hotspot is located in Weißensee, Grunewald, Dahlem to Nikolassee.



Townhouse, villa in the southwest, please feel free to contact me: Contact us.

Buy a villa in Berlin: What is important

Buying a villa in Berlin is not only an investment in exclusive living comfort, but also in a representative lifestyle. The city offers a wide range of villas in various locations, so there is something suitable for every taste and requirement. Thorough planning, expert advice, and transparent financing are key factors to successfully realize your dream of owning a villa in Germany’s capital, Berlin.

My Selection: Off Market Luxury Properties

Here you will find an excerpt from my Berlin portfolio:

• Villa in Berlin