Regulation of building permits in the City provides for healthy growth of Munich, the 15.07.2011. Swarmed by offers, Elie Rieder is currently assessing future choices. Everyone knows that: supply and demand determine the price. A special feature of the Munich market is but for years is that building permits meet the needs of not. The experts agree: those who opt for your own four walls in the Bavarian State capital, can usually with high likelihood assume that he has a safe increase in value. The high demand in Munich not tear down, has his reason.
The real estate market in Munich is not booming. No boom? No, that’s a healthy growth. Because the city regulates the annual building permits. Although, the number rose to about 6000 2010 again, but the Federal Institute for construction, urban and spatial research is an annual requirement of 18,000 apartments for the city of Munich. How this relationship affects the purchase price, can be taken to the IVD housing price index. Increasingly institutional use this development Real estate investors who finance residential real estate projects, to then benefit from the realization of apartments.
This however only partially close the gaps caused by annual constant permanent granting of building permits by the Lokalbaukomission in Munich. Here, a further deficit of 800 apartments that were already firmly planned draws even after the failure in the awarding of the Olympic Games 2018. An improvement and an increase in building permits is also not be expected in the next few years. The demand for residential property receives another head wind through capital and investors who want to expand your portfolio to an apartment in Munich. Your market entry brings the prices continue in motion. You rose two-digit percentage, as industry analysts have identified. One of these investors is the Munich-based company euro Grundinvest on suitable objects in Munich we get through our network. Also, that we now can pay the purchase price the seller through our capital base, will great advantage”says Michael Balek, head of real estate portfolio management. The highest value chain enables all services, from the land-Scouting on the design as also the building up for sale the individual apartments. With numerous real estate projects in the most desirable locations of Munich, the company has positioned itself zukunftsreich. About euro Grundinvest Grundinvest euro group of companies is specialist for the construction of high-quality residential ensembles. The characters and partners are active in the real estate and construction industry since 1987 and have the design, the construction and accompanied the marketing of more than 2,500 residential units with a volume of over EUR 600 million. Press release: Daniela Weiss euro Grundinvest real estate sales GmbH Emperor str. 14a 80801 Munich phone: + 49 (89) 288 90 366 Fax: + 49 (89) 288 90-364 Email:
