Living in Grünwald: Exclusive residential area with high celebrity density

Grünwald inspires with its high quality of life, high security and a well-kept cityscape full of cosy coffee houses, historic monuments and well-tended green spaces. Not only entrepreneurs and investors feel at home here, but also affluent single people, families with children and prominent faces from the worlds of film, television, music and sport who prefer it away from the bustle of big city life.

Welcome to Munich: The capital of Bavaria

Munich is one of the economic metropolises of Germany. It is famous not only for its unique flair, but also for 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. Today, Munich is the third largest city in Germany with a population of around 1.7 million.

Grünwald: Map & Location

South of Munich, somewhat away from the hustle and bustle of the city, lies the Upper Bavarian municipality of Grünwald. It can be subdivided into six municipal districts and connects to the neighbouring municipalities of Munich, Pullach and Straßlach-Dingharting.

Here is the municipal division of Grünwald at a glance:

• Brunnhaus
• Geiselgasteig
• Grünwald
• Oberdill
• Swallow Till
• Wörnbrunn

Map and location of Grünwald:

Places of interest: Bavaria Film Studios, Grünwald Castle & Co.

Since its founding in 1919, the Geiselgasteig district has been considered the Hollywood of Germany. Not only major motion pictures are produced here, but also TV shows and series. The famous “Bavaria Film Studios” are not far away from Grünwald and the Grünwald Castle also contributes to the attractiveness of the residential area.

Here is an overview of the sights:

• Bavaria Film Studios
• Green forest castle
• War memorials for the fallen of the Franco-Prussian War
• St. Peter & Paul
• Villa Larisch
• Former hunting lodge of the queen

Celebrity neighbours: Oliver Kahn, Miroslav Klose & Kai Pflaume

Grünwald is home to German celebrities. Prominent football players and musicians, well-known actors and popular TV coaches – they all appreciate the good location, the proximity to the TV studios and the privacy that this place of residence brings. Among Grünwald’s most famous residents are the German-Austrian actress Senta Berger, as well as the sports legend Oliver Kahn. Uschi Glas, Miroslav Klose, Kai Pflaume and Jimi Blue Ochsenknecht are also associated with Grünwald.

Here is an overview of the prominent residents of Grünwald:

• Senta Berger
• Oliver Kahn
• Uschi Glas
• Miroslav Klose
• Kai Pflaume
• Jimi Blue Ochsenknecht
• Wilson Gonzalez Oxen-Knecht

Sightseeing: A tour of Grünwald

Historic castles, cozy coffee houses, well-kept green spaces and a breathtaking cityscape – that’s what Grünwald is known for. Those who live here can look forward to a wide range of cultural activities away from the ever-bustling city of Munich. We take you on an exclusive journey through the beautiful Grünwald.

Relaxing afternoon on the banks of the Isar

The Isar stretches from Austria to Bavaria. In the past it was considered one of the most important trade routes for ships, today railways and motor vehicles are preferred for the transport of goods. Today, the river enjoys great popularity among tourists as well as residents and always invites to a relaxing walk along the banks. Also the sunsets in summer can be enjoyed perfectly from here.

Grünwald Castle: Landmark above the Isar Valley

Germany is the land of castles. According to current estimates, there are about 25,000 castles in Germany. Grünwald Castle is one of them. Its construction dates back to the year 1200 and today’s landmark of Grünwald can look back on a long and eventful history.

Elegant parks, manicured green spaces & Co.

Grünwald’s townscape is characterised by typical Bavarian architecture, historic monuments and half-timbered houses, as well as a large number of well-kept green spaces and parks. These contribute to the relaxed atmosphere and high quality of life of the place of residence.

Unique real estate: exclusive villas and historic mansions

The long history of Grünwald is also reflected in the local properties. Among the most famous buildings are Villa Larisch in Gabriel-von-Siedel-Straße, Villa Melbach in Robert-Koch-Straße, as well as the former hunting lodge for Queen Marie of Bavaria in Sauschütt.

Prices per square metre in Grünwald

Grünwald not only inspires entrepreneurs, the wealthy and European celebrities. Families with children are also often drawn here. Whether it’s a villa, a detached house or a semi-detached house – Grünwald’s real estate landscape and infrastructure are definitely family-friendly. While apartments are in high demand in other districts, such as Bogenhausen, it is mainly houses that are in demand in Grünwald. You would like to buy a property in Grünwald? Or are you planning to invest in real estate as a capital investment and want to buy an apartment building? In Grünwald you can count on high returns and rental income – especially after successful renovation with craftsman, architect & Co! Learn more here!

Buy property: House, Villa & Bungalow

Properties south of Oberhachinger Strasse near the new Grünwald secondary school are particularly popular. Here you can also happily expect 900,000 to 1.2 million euros. Not only new buildings can be found here, but also plenty of old buildings in the classic neo-baroque style of Munich. Apartments are also well priced here. At just under 800,000 euros, you can call an apartment your property.

• Purchase price house: 900.000 to 1.2 million Euro
• Purchase price apartment: 800.000 Euro

Per square metre you can expect to pay just under 9,000 euros for a house and just under 8,000 euros for an apartment.

Rent apartment & land: Old building & new building

Rental apartments in Grünwald are also in the upper price categories. If you want to invest in a rental apartment with just under 100 square metres, it can easily cost you 2,000 euros a month.

Apartment for rent: 2,000 euros per month

Furthermore: As a landlord of an old building apartment you can expect a yield of 2.50% in Grünwald.

Conclusion: Living in Grünwald

You would like to live in Munich? If you decide on a property in Grünwald, you will live in one of the residential areas with the highest density of celebrities and millionaires in Germany, this small district south of Munich enjoys great popularity. Thus Grünwald inspires not only by its many green spaces, varied fauna, the proximity to the Isar and the breathtaking cityscape, but also by a variety of sights and monuments. The high security of the place of residence also contributes to the high quality of life in Grünwald. Although the real estate prices in Munich are in the higher price ranges, there is hardly a district in which there are so many exclusive properties as in Grünwald. So it is worthwhile to invest here in a property as a capital investment. If you are planning to move to Grünwald, we recommend that you contact a real estate agent you can trust. A competent real estate agent is not only familiar with the different types of houses, but also accompanies you through the entire sales process – from the property valuation to viewings to the purchase contract.

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.

• Real Estate Munich

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

• Bogenhausen
• Glockenbachviertel
• Haidhausen
• Maxvorstadt
• Nymphenburg
• Schwabing
• Lake Starnberg
• Tegernsee
• Grünwald

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.

• Neuhausen-Nymphenburg
• Lehel
• Old Town
• Schwabing
• Bogenhausen
• Maxvorstadt

Immobilien AG: activities, stock exchange, conditions & advantages

A real estate stock corporation – or real estate AG for short – is a real estate company that has the legal form of a regular stock corporation (AG) and whose core business is primarily focused on the real estate sector. The company’s assets are thus used primarily – or exclusively – for real estate investments, or they consist of the construction of real estate and the subsequent sale of the same.

The largest German listed companies for residential real estate (as of 31.12.2o19):

• Vonovia
• German Housing
• LEG
• DAY
• Grand City Properties
• Adler Real Estate
• GAG

Business Activities Real Estate AG – Construction, Trading, Management & Co.

The range of activities of real estate stock corporations focuses, for example, on project development and the construction of real estate. The management and sale of real estate are also not uncommon focal points of this type of company. All in all, public limited companies can be involved in real estate trading, the brokerage of real estate as well as the holding and management of their own portfolios or offer corresponding services for non-corporate investment portfolios. Real estate stock corporations are a particularly popular choice for leasing.

Possible activities at a glance:

• Project development
  • Building
• Real Estate Trading
  • Acquisition
  • Distribution
• Real estate management
  • Hold
  • Farm
  • Rent
• Third-party services
  • Brokerage of real estate not owned by the company

Real estate company on the stock exchange – legal requirements & advantages

Real estate stock corporations can choose whether or not they want to be listed on the stock exchange. If you are a shareholder of a real estate stock corporation and decide to list your company on the stock exchange, you are subject to the German Real Estate Investment Trust Act (REIT Act). The REIT Act specifies which general regulations apply to your company and which qualifications your company must have in order to be admitted as a REIT stock corporation, as well as which tax regulations must be taken into account.

Many family businesses wishing to operate in the real estate sector as a public limited company (AG) deliberately decide against such a stock exchange listing, as the shareholders of their company are to be restricted to their own family circle of contacts and no share trading in public is envisaged.

Exchange-traded real estate stock corporation / REIT-AG

The REIT corporation is originally based on a US corporate form, namely the “Real Estate Investment Trust” – REIT for short – which gave the listed real estate corporation its name. Since its beginnings, the trust has experienced a considerable upswing. Little known in 1960, the corporate legal form slowly but steadily conquered the world in the 1990s and gained international renown. With the enactment of the REIT Act in 2007, the legal form of the REIT-AG was also introduced in Germany.

To make it easier to distinguish between them, German REITs are also often referred to as G-REITs, with the “G” standing for “Germany”. Sometimes REITs are also incorrectly translated as real estate funds in this country – however, there are some legal and economic peculiarities compared to the German legal form of the real estate fund.

Legal requirements according to REITG – stock exchange listing, quota & Co

In order for real estate stock corporations to be recognized as REIT corporations and to enjoy the corresponding advantages and benefits, they must meet a number of requirements defined in the German Real Estate Stock Corporations with Listed Shares Act (REITG). One of these rules requires that the real estate stock corporation be mandatorily listed on the stock exchange. Other restrictions relate to the company’s permitted free float – i.e. all company shares distributed among several, smaller investors – as well as the participation by shareholders together with per capita distribution of the shares. Other conditions regulate the equity capital, the fixed assets and also the turnover generated by the management of real estate.

Legal requirements for a REIT-AG:

• Headquarters & Management within Germany
• Listing on the market obligatory
• Free float at the time of listing: at least 25%.
• Free float after listing: at least 15%.
• Equity ratio: at least 45
• Real estate investments (immovable assets): at least 75%.
• Income from real estate: at least 75
• REIT participation per shareholder: max. 10%.
• Distribution ratio (net profit): at least 90%.

Small tip: For real estate stock corporations shortly before listing, a time window of two years is granted in order to fulfil all necessary requirements. Until all requirements under the REITG have been fulfilled, such a company is considered a pre-REIT.

Advantages for REIT stock corporations – tax exemption, competitive advantage & Co.

Real estate stock corporations with a stock exchange listing are particularly popular for financiers and large investors, as they are exempt from both corporation tax and trade tax, provided they meet the legal requirements in accordance with the REITG. As real estate is a particularly safe investment opportunity, it offers the chance to cushion inflationary fluctuations and risks. Furthermore, the purchase and sale of shares is simple thanks to market access, and transfers of ownership can be carried out quickly and flexibly.

Access to the capital market enables a real estate stock corporation to skilfully generate equity capital, which can then finance the investment in real estate. As a result, real estate stock corporations have a clear advantage in terms of the speed of growth of their equity, which means greater competitiveness in the market as a whole. Other legal forms of companies, on the other hand, are dependent on retaining their profits – that is, leaving the profits in the company instead of distributing them and accumulating them there – in order to increase their company’s equity capital or have no legal claim to a distribution of profits. The legal form also offers a considerable degree of security, as the equity capital accounts for just under half of the stock corporation’s total capital.

Advantages for listed real estate companies:

• No corporate income tax
• No trade tax
• Secure investment through tangible assets (real estate)
• Chance to offset inflation
• Quick & easy purchase/sale of shares
• Flexible share transfer
• Simple equity procurement
• Competitive advantage due to high growth rate
• High security due to equity ratio

Advantages for investors – Stable cash flow, growth & 90 % dividend

Another plus: the REIT corporation also offers a lucrative business for investors. Public limited companies are generally established for the long term, which means that the company can offer investors the prospect of a stable cash flow and long-term growth without exposing them to increased risk. The dividend payout is also very attractive for shareholders, with a statutory minimum requirement of 90 percent of the net profit for the year under commercial law.

Advantages for real estate AG investors:

• Stable cash flow
• Long-term corporate growth
• Low risk
• Attractive dividend payout

However, the application of the half-income method is not possible for shareholders with regard to the distribution of profits. Their profits must be fully taxed.

Real estate stock corporation / REIT-AG – For whom is it worthwhile?

Are you thinking about founding a real estate company or investing in an existing real estate company? For construction companies and development companies, this is often a lucrative venture, but also as a financier or shareholder of a real estate holding company, the formation of a real estate corporation can be quite worthwhile. Furthermore, the economic occurrence of real estate stock corporations extends to housing associations, property management companies and large brokerage firms.

Ownership of the real estate portfolio may be held either by the real estate company itself as a direct investment or by another real estate company whose shares are acquired by the real estate company by means of a participation. A mixture of direct investments and third-party investments is often used to acquire, hold or sell real estate. Due to the wide range of residential and commercial properties, the stock exchange listing is an attractive model for real estate companies.

AG: foundation, legal form, real estate shares (list)

1. Stock corporation (AG)
2. Real estate shares: List of companies
3. Real estate company
4. Alternatives to the REIT: Legal forms in Germany

Stock corporation (AG): Formation, liability, legal form & Co.

Aktiengesellschaft (AG) – The stock corporation is a German legal form founded by at least one person and organized by different bodies. Instead of a managing director, the company is managed by a board of directors consisting of at least one person. As the name already indicates, this legal form of a company primarily stands for stock trading. You would like to start a company alone or together with other people and learn more about company law forms in advance? Then you’ve come to the right place!

• Stock corporation (AG)

Real estate shares: List of companies

Real Estate Shares – Not everyone can afford real estate as a capital investment. Through real estate shares, however, everyone can participate in the real estate market and invest money. The share prices of the big players are rising year after year. Vonovia, Deutsche Wohnen, Dream Global, CBRE and Patrizia are a few of the best known active companies in Germany. In addition, there are more than 25 other companies. We have an overview of the most popular real estate stocks for you as an investor. But first a look at the risks of a stock, the stock market, for beginners and beginners. Now to the list and more on the real estate market, your investment options and all prices at a glance, here in the article on real estate stocks.

• Real Estate Stocks

Real Estate GmbH & Asset Management GmbH

Alternative – In this article you will learn the basics about real estate companies. Briefly explained, a real estate company is a company that has the purpose of leasing, developing, financing, realizing and/or marketing. It doesn’t matter if it is one or more properties. The management of residential and commercial real estate – in its own interest or as a service offered to third parties – is also a popular focus for real estate companies and asset management GmbHs. Find out more about the main advantages and disadvantages of buying real estate and the expected costs.

• Real estate company

Alternatives to the REIT: Legal forms in Germany

Legal forms – What types of company are there? If you want to start your first company, then choosing the ideal legal form is one of the first steps in the process of setting up a company. Whether it’s a special real estate company or a start-up, I’ve summarized all the types of companies in Germany for you here.

• Legal forms: List

Company types in detail:

• Sole proprietorship
• Registered businessman / registered businesswoman (e. K.)
• Civil law partnership (GbR)
• General partnership (OHG)
• Limited partnership (KG)
• Entrepreneurial company (UG)
• GmbH: Limited liability company
• Real estate GmbH / Asset management GmbH
• Stock corporation (AG)
• Societas Europaea (SE)
• Foundation / Family Foundation