14.WHAT IS THE EFFECT OF THE FACT THAT THE APARTMENT IS IN AN OLD HOUSE?
Apartments in very old buildings, i.e. over 100 years old, are an advantage rather than a disadvantage.
Firstly, such houses are monuments of architecture and are very valuable and prices for apartments in such houses are usually higher than in others.
Secondly almost all old houses have been renovated and are in excellent condition.
Thirdly the apartments in such houses have high ceilings, parquet, beautiful doors, i.e. what is valued.
Fourthly, when buying a whole house, the owner is unlikely to change the architecture very much, i.e. it is a monument of architecture and München strives to keep them in the same condition as they were before.
Fifthly, the prices of apartments in such houses are always increasing and buying them will provide a good opportunity to invest money and resell them in the future.