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Entrance area (1/3)

The premises (2/3)

House entrance (3/3)

Munich - Schwabing

rented

Representative office unit in renovated old building with three spacious rooms

Best location Schwabing close to Leopoldstraße, attractive premises for office use in a lavishly renovated old building from 1902 in 2009/2010, high-quality furnishings with parquet floors, original coffered doors and elaborate stucco work, room height approx. 3.20 m, three large offices, kitchenette, two WCs, parking space in the courtyard.

Basic data

Property: VM 3389
Property type: Commercial, Office
Construction year: 1902
Floor: 1. OG
State: First occupancy after renovation

Space and equipment

Room: 3
Parking spaces: 1

Rental price

This property is already rented.

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Location

Markus Riedel

Managing Partner

Diplom-Kaufmann

+49 89 15 94 55-0 Send e-mail

Real estate guide

What is important to look out for during the visit?

Before buying a property, the building fabric and building services should be examined in detail. In the case of houses, the building must be thoroughly examined from the outside. Are the facade, windows and doors in order? Is there a need for repair? The gutters, downpipes and exterior lighting should also be considered.

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What is meant by a "sole mandate"?

In German brokerage law, a broker's sole commission is a contract that defines an exclusive contractual relationship between a broker and the client. In the case of a sole commission, the client binds himself to a single broker who, in return, is obliged to provide a service.

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What is a "ground lease" anyway?

The "hereditary lease" is prohibited by law in Germany today. Colloquially, however, the "Erbbaurecht" is often referred to as "Erbpacht". A "hereditary building right" is a right equivalent to real property which is formed in a separate "hereditary building right land register".

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Is new construction generally more expensive than a used property?

If only the price per m² of living space is taken into account, new buildings can be up to 50 % more expensive than existing properties.

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What does the building specification of a new building regulate?

When purchasing a newly built property, a building description is attached to the certified purchase contract as an essential part.

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What is meant by standard land value?

The responsible expert committee evaluates all property sales and uses them to determine location-specific "standard land values", which are generally published every two years. These averaged prices apply to average plots of land in a defined area with a specific development potential at a given point in time.

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Representative office unit in renovated old building with three spacious rooms