A 82 m² three-room apartment on the 3rd floor of a classic 1968 masonry building in Munich's Maxvorstadt — one of the city's most sought-after central districts.
The apartment offers a well-proportioned layout with a south-facing living room and balcony (4 m²), two bedrooms, a separate kitchen, bathroom and guest WC. The building has 14 residential units, an elevator, and shared cellar storage. The apartment benefits from excellent natural light thanks to its south orientation, while the north-facing bedroom shows typical thermal bridge characteristics of buildings from this era. Street noise on the Schellingstraße is moderate — the street carries bus traffic and has a 30 km/h speed limit. The surrounding neighbourhood offers a dense mix of cafés, galleries, university buildings and green spaces within easy walking distance.
Negotiate before signing.
Asking price deviates by +9.4% from our estimated market value. Re-negotiation recommended — potential savings of €44,000–59,000 documented below.
Core property data
15 FIELDSProperty history
5 EVENTSBuilding constructed
Kalksandstein masonry, central gas heating, no façade insulation.
Window replacement
Building-wide replacement with double-glazed wooden frames.
Heating system upgraded
Original boiler replaced with Viessmann gas condensing unit — now 17 years old.
Previous listing — withdrawn
Listed at €745,000 in March 2021; withdrawn unsold after 87 days.
Current listing · 62 days active
Re-listed March 2026 at €719,000.
Floor plan — 3rd floor (82 m²)
ROOM LAYOUT WITH RISK OVERLAYRoom-by-room layout
Location & infrastructure
MAXVORSTADT · 80799 MÜNCHENMarket development & price outlook
MAXVORSTADT · 2015–2030Floor plan
4TH FLOOR · 105 m² · WITH NORTH ARROW
Negotiation arguments
4 ARGUMENTS · €44,000–59,000 POTENTIALHeating system approaching end of life
Gas boiler from 2008 — 17 years old, standard life 20 years. GEG fossil fuel phase-out to 2045 adds regulatory risk. Replacement €10,000–18,000.
Energy class D — unrenovated façade since 1968
No insulation since construction. EU Energy Performance Directive mandates class E or better by 2030. Insulation cost €18,000–25,000.
2nd listing · 62 days on market · seller pressure
Withdrawn unsold in 2021 at €745,000. Now 62 days into second listing — strong signal that seller will consider below-ask offers.
Dated bathroom fixtures — unrenovated since 1968
No documented bathroom renovation. Full renovation cost €8,000–12,000.