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

Stock Corporation: Establishment, Advantages and Disadvantages

The AG is not just a legal form — it is a structured vehicle for taxation, liability, and capital raising. In the following, you will learn everything essential about the establishment: Who can found an AG? What is the difference between internal and external relations? What are the actual costs — not only the share capital, but also notary, founding auditor, and ongoing management? And above all: When is an AG worthwhile from an investor’s perspective — and when is a Real Estate Holding in GmbH structure the better choice?

The 7 Founding Criteria of an AG at a Glance

1. Number of Partners — at least 1 shareholder, plus 3 supervisory board members = 4 people minimum
2. Management — Board of Management (not managing director!), controlled by the supervisory board
3. Founding — formal, notarized, multi-stage process
4. Company Name — freely selectable, suffix “AG” mandatory
5. Funding — at least 50,000 Euro share capital, share issuance possible
6. Liability — limited to share capital in external relations
7. Profit distribution — dividends, decided by the general meeting

Capital company AG: Management according to HGB

In the business world, there are many different types of business structures. They are broadly divided into two categories: sole proprietorships and companies, which in turn are divided into incomplete companies — including silent partnerships and BGB partnerships — and complete companies (personal companies, capital companies, and a few more).

The stock corporation — abbreviated as AG — is one of the complete companies and is not subject to the Civil Code (BGB), unlike incomplete companies, but rather to the Commercial Code (HGB) and the Stock Corporation Act (AktG). As a capital company, the AG is more complex in structure than other forms of business law. It cannot be established informally, but requires the notarized certification of the shareholder agreement and compliance with numerous legal requirements.

Other typical capital companies:

• European stock corporation (Societas Europaea, abbreviated as SE)
• Limited liability company with shares (KGaA)
• Entrepreneurial company / UG (limited liability)
• Company with limited liability (GmbH)

The stock corporation is, together with the GmbH, the best-known form of capital companies. In Germany, it is mainly chosen as a legal form for listed companies and is considered — not least because of the higher initial capital — as the “big sister” of the company with limited liability.

AG vs. GmbH vs. KGaA: Comparison table

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Before you decide on a legal form, a direct comparison of the three heavyweights of capital companies is worthwhile:

Insider Tip: For pure Real Estate Holding Structures, the GmbH is usually the more efficient choice — the AG only pays off starting from an asset base of 5–10 million euros or in case of a planned stock market listing/REIT status.

Legal Form Variant AG & Co KGaA — KGaA with Complementary AG

Sometimes the AG also appears in combination with a stock limited partnership (KGaA). For example, family businesses occasionally organize themselves as a stock corporation & Compagnie Limited Partnership on Shares — short: AG & Co KGaA. In this case, they form a stock corporation in a legal sense — however, the general partner as personally liable partner is not an individual, but also a stock corporation. If the general partner is instead represented by a GmbH, it is referred to as a GmbH & Co KGaA, and in the case of a Societas Europaea, as a SE & Co KGaA.

Why this structure? It combines the capital market capability of an AG with the takeover protection of a KG. Families like Henkel, Merck or Hornbach thus retain full control through the general partner, even if 90% of the shares are listed on the stock exchange.

More about the individual hybrid forms:

• GmbH & Co KGaA — see Gesellschaft mit beschränkter Haftung (GmbH)
• SE & Co KGaA — see Societas Europaea (SE)

Examples of AG & Co KGaA companies:

• CTS EVENTIM AG & Co. KGaA
• Drägerwerk AG & Co. KGaA
• Fresenius Medical Care AG & Co. KGaA
• Henkel AG & Co. KGaA
• HORNBACH HOLDING AG & Co. KGaA
• ProCredit Holding AG & Co. KGaA

A special case is CEWE Stiftung & Co. KGaA: Here, the general partner is represented by a foundation. In general, the stock limited partnership is possible in all conceivable combinations.

Read more about the topic “Establishing a family foundation”:

• Establishing a family foundation

Establishment & Founding of an AG — From Articles of Association to Registration

You want to set up an AG? Then you need to know: A natural or legal person is sufficient as a founder, so you can appear as the sole shareholder and automatically be the sole managing board member. Such a one-person AG is often referred to as a “small stock corporation.” However, you can’t do it entirely alone: an AG must appoint at least three members of the supervisory board — the smallest possible AG thus consists of four people.

The process of establishing an AG can be divided into two phases: the internal establishment of the AG and the external establishment of the AG.

Phase 1 — Preparation & Foundation (Internal Relations)

You establish your stock corporation internally. The most important step is first and foremost the drafting of the articles of association, which must be notarially certified by a notary. For the formulation of the articles of association, all founding members must be present, as well as the future management board and supervisory board.

Content of the articles of association (mandatory under § 23 of the Stock Corporation Act):

• Company name and registered office
• Business purpose
• Amount of share capital (minimum 50,000 €)
• Face value and number of shares
• Type of shares (bearer or registered shares)
• Number of board members
• Form of announcements

From bearer shares to nominal value shares — learn more about the different types of shares here:

• Types of shares — Transferability, scope of rights & division of share capital

In the second step, the acquisition of shares and the appointment of the organs of a stock corporation follows, which must be notarially certified. Optionally, the auditor for the annual financial statements can already be appointed here. The supervisory board then appoints the management board as the first official act. No later than now, the contributions must be deposited into the business account, with at least a quarter of the share capital (i.e., at least 12,500 €) being recorded.

Phase 2 — Registration in the Commercial Register (External Relations)

Zum Abschluss des Gründungsprozesses muss dein Unternehmen ins Handelsregister eingetragen werden. Dieser Schritt rüstet die Aktiengesellschaft mit einer eigenen Rechtspersönlichkeit aus. Die Gründungsmitglieder, Aufsichtsrat und Vorstand führen die Anmeldung gemeinsam aus. Es bedarf einer Übersicht zu allen Aufsichtsräten und Vorständen, diverser Urkunden und notarieller Beglaubigungen, sowie eines Gründungsberichts und ggf. einer Gründungsprüfung durch einen externen Wirtschaftsprüfer (bei Sachgründung oder qualifizierter Bargründung).

Das Registergericht beurteilt nach Vorlage aller Dokumente, ob die Errichtung der Aktiengesellschaft ordnungsgemäß erfolgt ist. In einem letzten Schritt wird die Eintragung ins Handelsregister vorgenommen — deine Aktiengesellschaft gilt damit offiziell als gegründet.

The Founding Process at a Glance

• Phase 1 — Construction in the internal relationship
  • Determination of the bylaws (notarially certified)
  • Share acquisition
  • Order of the company organs (notarially certified)
  • Possibly ordering the final examiner
  • Einzahlung der Einlagen (mind. 1/4 Grundkapital = 12.500 €)
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