Alex85
2016-10-04 17:30:28
- #1
No final floor plan? But construction already started? No sampling? Your buffer is getting smaller and smaller.
Especially since the construction company apparently sold the land along with the building, i.e. every upgrade also rings an extra bell in the state treasury thanks to real estate transfer tax.
This is probably a do-or-die game, certainly partly caused by the region (Munich). Whoever wants the land just has to take the contract without being allowed to configure windows beforehand...
btw. UBS maintains a ranking of global real estate bubbles in major cities and Munich newly entered the ranking in 2016 - directly in 5th place.