14Jan/18

Are there plans for other districts?

At the moment we are concentrating on our project in Prinz-Eugen-Park. In the next few years, the city of Munich will tender for additional construction sites for cooperatives (see http://www.mitbauzentrale-muenchen.de/wo-bauen.html). It isRead More…

02Aug/16

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…

02Aug/16

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…

01Jul/16

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…