Project development | Lukinski https://lukinski.com Tue, 01 Mar 2022 15:14:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 Living at Lake Starnberg: Villa, property, apartment in Starnberg, Seeshaupt & Co – Prices per square metre and tips https://lukinski.com/living-at-lake-starnberg-villa-property-apartment-in-starnberg-seeshaupt-co-prices-per-square-metre-and-tips/ Wed, 21 Apr 2021 04:03:38 +0000 https://lukinski.de/living-at-lake-starnberg-villa-property-apartment-in-starnberg-seeshaupt-co-prices-per-square-metre-and-tips/ Living at Lake Starnberg – South of the Bavarian capital Munich, the idyllically situated Lake Starnberg is considered one of the most attractive places to live in Germany. The high quality of life, good connections to Munich and undisturbed privacy away from the big city inspire not only entrepreneurs and investors, but also celebrities and nobility. You would like to invest in a property at Lake Starnberg as a capital investment? Buying an apartment, a multi-family house or a plot of land? Find out everything you need to know about living at Lake Starnberg, from the communities around the lake to the most famous sights and the most sought-after types of houses and apartments. Plus: All property prices at a glance – Welcome to Lake Starnberg! Back to: Living in Munich.

Living on Lake Starnberg: Historic communities in the midst of Bavarian idylls

With a population of around 1.7 million, Munich is not only Germany’s third largest city, but also one of the country’s strongest economic centres. 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 Thus, Lake Starnberg not only enjoys great demand as a holiday destination, but also as an attractive place to live.

Lake Starnberg: Map & Location

Lake Starnberg is located south of Munich and is considered one of the largest lakes in Germany. It is located in the municipality-free area of the same name and is thus assigned to the district of Starnberg. It is also home to the most expensive streets in Munich.

A total of eight municipalities border it:

  1. Starnberg
  2. Mountain
  3. Münsing
  4. Seeshaupt
  5. Bernried
  6. Tutzing
  7. Feldafing
  8. Pöcking

Here is the map and location of the lake:

From Munich to Lake Starnberg: Route

Lake Starnberg is located just under 40 km from the centre of Munich and is thus midway between the Bavarian capital and the popular residential and holiday resort of Tegernsee. Grünwald is also not far away by car.

Places of interest: Roseninsel, Possenhofen Castle & Co.

Why move to Lake Starnberg? Lake Starnberg is not only an attractive holiday destination, it is also one of Munich’s most popular places to live. Cultural richness, unspoiled nature and the calm and relaxed atmosphere make the communities around the lake a popular place to live. Even though the bustling city life of Munich is a bit away, it never gets boring here. While the lake is perfect for rowing, swimming and sunbathing, the numerous sights and monuments invite you to marvel. Not only are there several castles at home here, but also castles, museums, monasteries and caves!

Here are some of the most famous sights around Lake Starnberg

  • Ilka Heights
  • Andechs Monastery
  • King Ludwig Way
  • Lake Maising
  • Easter Lakes
  • Rose Island
  • Castle Berg
  • Garatshausen Castle
  • Possenhofen Castle
  • Votive Chapel
  • Bernried Park

A boat trip on Lake Starnberg is also always a good idea. Many of the houses on the shore have their own jetty:

Celebrity residents: Peter Maffay, Jens Lehmann & Carsten Maschmeyer

The rich and beautiful feel at home at Lake Starnberg. Whether it’s a holiday home on the shore or an exclusive villa with a lake view as a permanent residence – Lake Starnberg is not only home to German celebrities, but also to non-European nobility, successful entrepreneurs and wealthy heirs.

Here are the most famous residents of Lake Starnberg:

  • Peter Maffay
  • Jens Lehmann
  • Carsten Maschmeyer
  • Veronica Ferres
  • Rama X (Thai king)
  • Michael Ballack
  • Lothar Matthew

Most popular places to live at Lake Starnberg: real estate & prices per square metre

Whether it’s an exclusive single-family home near the shore, a spacious loft on the mountain or a luxurious semi-detached house in the valley – the residential areas around Lake Starnberg inspire with their proximity to the lake and the individual flair that makes up the charm of each community. You would like to buy or rent a property at Lake Starnberg? Then find out here which residential locations are among the most popular and in which municipality rental apartments are the most sought-after.

Starnberg in the north: Small town feeling with proximity to the lakeshore

Starnberg is a town on the shores of the lake and is located in the north. The popular excursion and holiday resort inspires with its good connection to Munich, the variety of recreational opportunities and the diverse real estate landscape. Whether freshly renovated old building or modern new building – in Starnberg everyone will find what they are looking for. On average, you can expect to pay 7,800 euros per square metre for a house here. If you would like to buy an apartment, this costs just under 6,150 euros per square metre.

Here are the prices at a glance:

  • Buy a house: 7.800 €/m²
  • Buy apartment: 6.150 €/m²

See more of the shore in Starnberg here in Streetview:

Seeshaupt in the south: cosy residential area with family atmosphere

The community of Seeshaupt on the southern shore of Lake Starnberg is considered an attractive place to live for young and old. Within one kilometre you will find everything you need here: Culinary specialties, cultural facilities, clothing stores and grocery stores and recreational facilities. If you would like to buy a house here, you can expect to pay just under 6,100 euros per square metre. For apartments, which are far less common here, 5,350 euros per square metre. While in Seeshaupt mainly houses and villas are offered for sale, most apartments are only available for rent. Here you can expect 30 euros per square metre.

All prices per square meter summarized:

  • Buy a house: 6.100 €/m²
  • Buy apartment: 5.350 €/m²
  • Rent apartment: 30 €/m²

Or are you planning to invest in real estate as a capital investment? In hardly any other municipality is it worth buying an apartment building than in Seeshaupt. Rental apartments in prime locations are in high demand and the steady increase in the value of local real estate means that you, as a long-term investor, can speculate on good profits and very good returns.

Mountain in the east: Former residence of the nobility

The church village of Berg on the eastern shore of the lake consists of 14 districts and can look back on a long history. After all, not only Elector Ferdinand Maria was at home here, but also King Ludwig II. Today the place of residence inspires by the many sights of the nobility and the first-class location. The motorway to Munich, for example, can be reached most quickly from here, while the local forests muffle any motorway noise. And the real estate is also among the most exclusive properties on Lake Starnberg. Villas with solid brick construction, well-kept gardens and renovated old apartments of the extra class can be found here.

Properties with views of the surrounding communities are especially popular:

Conclusion: Living at Lake Starnberg

You would like to live in Munich, but the city centre is not the right place for you? Living space in Munich is scarce. This is also reflected in the real estate prices in Munich. But the residents of Lake Starnberg remain undisturbed by this and continue to be among the happiest people in Germany. The fresh lake air, high quality of life and very good connections to the Bavarian capital Munich make the towns and communities around Lake Starnberg the most attractive places to live in Germany. Thus, not only German celebrities are at home here, but also successful entrepreneurs and wealthy heirs, as well as non-European nobility. At over 7,000 euros per square metre, the villas, plots of land and multi-family houses here are in the upper price categories, but the exclusive location, breathtaking scenery and undisturbed privacy that this place brings with it are all worth it! An experienced real estate agent not only accompanies you through the entire purchase process, but also advises you on the topics of taxes and real estate, renovation and modernization with craftsmen, architect & Co, as well as property valuation and off market.

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.

]]> Real estate stock corporation (REIT-AG) – Real estate management & stock exchange listing https://lukinski.com/real-estate-stock-corporation-reit-ag-real-estate-management-stock-exchange-listing/ Tue, 09 Mar 2021 07:25:43 +0000 https://lukinski.de/real-estate-stock-corporation-reit-ag-real-estate-management-stock-exchange-listing/ Real estate stock corporation / REIT-AG – You don’t find the idea of a stock corporation bad at all and are now wondering how you can combine your capital company with the real estate industry? A real estate company is a company that serves the financing, development, realization, leasing, or marketing of real estate – starting with a single property up to a real estate portfolio in the three or multi-digit range. The management of real estate property or third-party real estate on behalf of third parties can also be handled by a real estate company. Here you can find all legal forms and here you can go back to the overview AG.

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!

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 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.

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.

Company types in detail:

 

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