Do you offer apartments for rent or for sale?
As a cooperative, we go a way between rental and ownership. All the members are co-owners of the cooperative and the cooperative is the owner of the House, which is used by the members.
What are differences between a cooperative apartment and a rented flat?
cooperative rent non-terminable termination because of own needs, release from leases permantently non-profit scale rent, rent increase, renovations that upgrade buildings to luxury status with the aim of freeing them from occupancyRead More…
What are differences between a cooperative apartment and an owner-occupied flat?
Cooperative Ownership The cooperative handles the financing. If the equity is available, you have no debt. See FAQ for possible funding of compulsory shares. Do you qualify for lending? (age, credit, collateral, proofRead More…
Can I sell my flat?
You acquire a right of use but no ownership of the apartment, which you occupy and therefore can not sell it. If you want to move out, you can terminate your cooperative shares andRead More…
What appartments/ floorplans can you offer?
Based on the wishes of our members we are planning different apartment sizes and shapes. In addition to apartments with 1-6 rooms with balconies or terraces/ garden shares at the groud floorRead More…
What does EOF, München Modell or KMB mean?
„Einkommensorientierte Förderung“ (EOF), „München Modell“ and „Konzeptioneller Mietwohnungsbau“ (KMB) are housing programs for various income groups, which should provide affordable housing in Munich. In all programs, builders are supported, if they commitRead More…
I can not fully raise the compulsory shares. What options are there?
„Kreditanstalt für Wiederaufbau“ (short: KfW) is a German public promotional bank. It offers a credit especially for financing cooperative shares at beneficial conditions up to 50,000 € with an optional grace period (pay interest only. SpecialRead More…
How do I get an apartment? How do I become a Member?
Apartments are only given to members. The duration of membership is an important criterion when lending an appartment. We recommend to visit one of our information meetings before entering the cooperative butRead More…
What is a cooperative?
A cooperative is a commercial enterprise (Corporation). The main difference to all other forms of business is the principle of democracy: each member has one vote regardless of its investment. Moreover, to ourRead More…