Controversy surfaces over perceived insufficient property offering in Munich
In the heart of Munich, a unique property has been listed for sale, causing quite a stir among local residents and real estate enthusiasts. The unfinished attic, located near Sendlinger Tor in the sought-after Glockenbach quarter, boasts an approximate size of 160 square meters and comes with a permit for expansion.
The general effort to renovate this property is enormous due to listed building protection, with every brushstroke requiring approval in a complicated process. The renovation costs are expected to be high, possibly necessitating a crane on the construction site.
The seller is asking for almost ten thousand euros per square meter for the property, a price that has sparked heated discussions on Reddit. While some users find the price reasonable for Munich standards, others consider it unreasonable, with one user calling it "crazy" and another suggesting it could make a wealthy person even wealthier.
A Munich real estate expert believes a square meter price of around seven to eight thousand euros would have been more appropriate. They also express doubts about the seller finding a buyer within the Reddit community. However, another user considers the price "not a bad deal" in Munich.
The property, which is currently an unfinished attic with a usable area of almost 190 square meters, is equipped with gas heating. It is considered a niche market item, suitable for connoisseurs who dream of building and living in an attic in the specific location.
As for the location, the property is not for bargain hunters, as it is situated in a prime area of Munich. Despite the controversy surrounding the price, an expert is assessing the situation for a news article, with the outcome remaining to be seen.
Outbrain content related to the topic cannot be loaded due to privacy settings, leaving the controversy surrounding this unique property largely unaddressed in online discussions. For a definitive answer on whether the price is considered reasonable, local real estate listings, expert appraisals, or news reports on this specific property or neighbourhood would be required.
[1] It's worth noting that a search for relevant information on the controversy or pricing details of an unfinished attic in the Glockenbach quarter of Munich yielded no results, with the search result provided focusing on a karaoke song list without any real estate information.
- The high price of the unfinished attic in Munich's Glockenbach quarter, listed at nearly ten thousand euros per square meter, has sparked heated discussions about its reasonableness among investing enthusiasts, with some viewing it as a potential profitable investment in the real-estate market.
- For those interested in real-finance, the high value of the unfinished attic in Munich, combined with its potential for expansion and prime location, presents an intriguing opportunity for property investing in the realm of real-estate, particularly for connoisseurs of unique within-city living spaces.
