Almost as cheap as my poky 1-bed flat.
Was that a snowflake that just past the windae? Nah must have been imagining things. Must get the winter tyres fitted pronto.
A Ghetto for the Jet Set: Munich Faces Dark Side of a Housing Boom - SPIEGEL ONLINE - News - International
Was that a snowflake that just past the windae? Nah must have been imagining things. Must get the winter tyres fitted pronto.
A Ghetto for the Jet Set: Munich Faces Dark Side of a Housing Boom - SPIEGEL ONLINE - News - International
Munich has the highest rents and real estate prices of any major German city. Luxury renovations are changing the face of entire neighborhoods, while lower-income residents are being driven out of the city. But not all are willing to let the rich take over the city without a fight.
Looking for an apartment in Munich can be a thrilling experience. Take, for example, the penthouse apartment of a newly renovated townhouse on Karlsplatz, in central Munich. The broker promises it will feature an "air-conditioning system tested for allergy sufferers" integrated into the building's façade, a roof deck with a Zen garden, a view of the Alps, a waterfall and a glass-bottomed hot tub. The building has a few other unique features, the broker adds, such as a sauna, steam bath and "an oversized aquarium suitable for saltwater fish." In short, it's a downtown "feel-good oasis" with 522 square meters (5,620 square feet) of living space.
But looking for an apartment in Munich can also be a sobering experience. The Karlsplatz penthouse goes for a monthly rent of €19,000 ($25,700), plus €1,300 in expenses, and the security deposit alone is €57,000.
Looking for an apartment in Munich can be a thrilling experience. Take, for example, the penthouse apartment of a newly renovated townhouse on Karlsplatz, in central Munich. The broker promises it will feature an "air-conditioning system tested for allergy sufferers" integrated into the building's façade, a roof deck with a Zen garden, a view of the Alps, a waterfall and a glass-bottomed hot tub. The building has a few other unique features, the broker adds, such as a sauna, steam bath and "an oversized aquarium suitable for saltwater fish." In short, it's a downtown "feel-good oasis" with 522 square meters (5,620 square feet) of living space.
But looking for an apartment in Munich can also be a sobering experience. The Karlsplatz penthouse goes for a monthly rent of €19,000 ($25,700), plus €1,300 in expenses, and the security deposit alone is €57,000.
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