Munich – Isarvorstadt
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Hidden Gem: Building Lot with Special Use Rights and Permission to Build a Townhouse Near the Isar River

A private development project in an extremely sought-after location near the Isar River, nestled in the trendy Glockenbach district and offering the utmost in customization options—this opportunity is an absolute rarity. The property is being offered for sale as a special right of use with a building permit already in place. This allows for the prompt construction of an exclusive townhouse with approximately 273 m² of living space in an absolutely quiet garden setting. The lot is set back from the street and perfectly shielded by a historic front building on one of the most characteristic streets in the Glockenbachviertel.

The well-thought-out design proposal calls for a spacious, light-filled living/dining area with an open kitchen, up to five ideally laid-out bedrooms, as well as four bathrooms and a guest restroom, promising plenty of space for personal expression and private retreats. An elevator connecting all floors from the basement to the attic, as well as an exclusive fitness and wellness area with a sauna in the basement, round out the design and are already factored into the architect’s construction cost estimate. A total of four spacious outdoor areas—three terraces and an atrium—offer enchanting open-air retreats from the ground floor to the rooftop. A rare luxury in this urban location. Without the uncertainties of a separate permitting process, construction can begin promptly; the renowned architect with many years of experience, who designed the floor plan, can provide on-site supervision during construction upon request. The stated lot area of approximately 220 m² should be understood as a guideline: The final size of the exclusive use right can be individually negotiated with the current owners as part of the contract terms and adapted to specific needs.

Of particular note is the unique location in the Glockenbachviertel neighborhood of Isarvorstadt, which ranks among Munich’s most sought-after urban residential areas. Just 150 meters away flows the Isar River with its restored floodplains and sunny swimming beaches—one of the city’s most beautiful recreational and green spaces. The vibrant mix of stores for everyday needs, concept stores, and trendy restaurants defines the lively neighborhood.

Basic data
Property
GR 379
Property type
Land
Address
Please contact us for further information
Available
immediately
Area listing
Land area
220 m²
Possible living space
approx. 273 m²
Useful area
approx. 355 m²
Space and equipment
Room
6
Bedroom
5
Bathroom
4
Terraces
4
Parking spaces
1
Guest toilet
yes
Garden use
yes
Purchase price
Purchase price
3.660.000 €
Buyer's commission
2.68% of the purchase price, including sales tax
Buildability

A plan developed by an architect and already approved (building permit dated June 24, 2024) highlights the attractive potential for a new development: The plan calls for three full stories (ground floor, first floor, and second floor), as well as an attic and a basement, with an approved living area of approximately 273 m² and a total approved area of approximately 355 m². Since the building permit has already been granted, there are no uncertainties associated with a separate permitting process—construction can begin promptly.

Location

Trendy, colorful, and hip: The Glockenbachviertel in the Isarvorstadt neighborhood is one of Munich’s most sought-after urban residential areas. The streets—some of which are historic—near the Isar River captivate visitors with their unique, vibrant atmosphere. The unparalleled mix of shops for everyday needs, concept stores, and trendy restaurants delights a discerning clientele.

Just a few steps from the Isar River, with its expansive floodplains and crystal-clear water, lies the property offered here as a special right of use. The Schlachthof and Dreimühlen districts are just as easily accessible as the lively Gärtnerplatz and Munich’s Old Town, home to the Viktualienmarkt, the opera house, and the theaters. The decommissioned Old South Cemetery exudes a quiet charm and is perfect for leisurely strolls. Public transportation connections are excellent.

Hardly any other location in Munich combines urban life and proximity to nature as perfectly as the streets of the Glockenbach district near the Isar. With the extremely rare opportunity to build a townhouse in this location, you can combine the best of both worlds—city living and the tranquility of the restored Isar floodplains, including the idyllic Weideninsel, one of Munich’s last hidden gems.

Floor plans
Overview Map
Overview Map (1/6)
Ground Floor
Ground Floor (2/6)
1st floor
1st floor (3/6)
Attic
Attic (4/6)
Roof Peak
Roof Peak (5/6)
Basement
Basement (6/6)
Michael Ostermaier
Michael Ostermaier
Deputy Location Manager Schwabing
Real estate specialist (IHK)
Rebecca Rieder
Rebecca Rieder
Specialist assistant
Real estate agent (IHK)
An offer from RIEDEL Immobilien GmbH
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