The Munich investment team at BOSSERT Immobilien has brokered a multi-family house in the university district of Maxvorstadt. The transaction concerns a building constructed in 1882, comprising nine residential units and one commercial unit. This property is situated in an established and central location in the heart of Munich, distinguished by its proximity to educational institutions and considered one of the city's most sought-after residential areas.
The total living and usable area of the property amounts to approximately 710 square metres. A significant feature of the building is the attic, which is already partially converted but still offers substantial expansion reserves. This presents the buyer with potential for further value appreciation or space optimisation, particularly in a segment characterised by high demand.
The Property and its Location
The property, a classic multi-family house from the late 19th century, represents Munich's historic building stock. Its location in the university district of Maxvorstadt is characterised by a high quality of life and excellent infrastructure. Proximity to cultural institutions and educational establishments makes this micro-location particularly attractive for residents and investors.
The composition of nine residential units and one commercial unit reflects typical usage in inner-city locations and offers balanced diversification. Such properties are highly sought after in the Munich market due to their stability and prospects for value appreciation.
The Brokering Process
The brokering process began with BOSSERT Immobilien being commissioned to value the property. Based on this valuation, the seller granted the company a sole mandate for brokering. This trusting collaboration underscores the real estate agency's expertise in the Munich property market and its ability to handle complex transactions discreetly and efficiently.
The buyer was an Upper Bavarian project developer and portfolio holder. The seller was represented by a private individual. The parties involved agreed to maintain confidentiality regarding the details of the purchase price. The successful alignment of interests between both parties characterises this transaction and demonstrates the continuous demand for high-quality residential investments in Munich.
