The real estate market in Munich: Current figures are provided by our real estate agents at Engel & Völkers
The high demand for residential real estate has led to a supply bottleneck and an increased price level in prime locations. At the moment, the average price per square meter of apartments for sale in sought-after neighborhoods such as Lehel, Schwabing, Bogenhausen or the old town is up to 20,000 euros. The selling price of houses and villas, however, currently scales between 4 and 16 million euros. According to our market experts, rising demand will continue to lead to further price increases in the top locations of Munich. The purchase prices for existing condominiums in Munich rose by 8.45 percent in 2019 compared to the previous year. Calculated over the past five years, prices have increased by as much as 43.59 percent. If you need further details about the real estate market in Munich, get in touch with our real estate agent team on site, who will give you expert and professional advice!
Real estate purchase and sale in a prime location in Munich
The price increase for real estate in Munich is not surprising. The Bavarian metropolis, with a population of over 1.5 million, is not only one of the largest cities in Germany, but also leads the way among the most sought-after real estate locations. The strong and stable job market, the international orientation, Munich’s economic strength, the excellent educational offer and the excellent infrastructure are just a few reasons for the steady population growth. This makes Munich one of the TOP 7 cities in Germany and attracts an international clientele of discerning buyers.
Optimal “living and thriving" in Germany's most liveable city
In the world of real estate, Munich has long been one of the most attractive locations in the national area. But the Bavarian capital also tops the list of German cities with the highest quality of life. That is at least the result of the regular Mercer comparative study (last 2018). Around 230 major cities around the world are examined for their quality of life. Above all, economic, political, social and environmental aspects are decisive. But also personal safety, educational offers as well as the traffic infrastructure play an important role. An ideal living space, an international airport and an excellent road and public transport network, the diverse shopping and cultural offerings as well as an imposing selection of luxury real estate contribute to the Munich feel-good factor. The proximity to nature and the integration of numerous parks and gardens in the cityscape, such as the famous English Garden, increase the quality of living in exclusive houses, villas and apartments. Contribute to increasing the quality of life in Munich with the sale of your premium property in cooperation with your real estate agency Engel & Völkers Munich.
"Mir san München": Real estate sale in Bavaria's traditional capital
Munich - this is pure joie de vivre based on culture, tradition, Oktoberfest, wheat beer, costumes, Pinakotheken, the English Garden, first-class real estate and much more. The list of advantages that speak for the sale or purchase of an exclusive property, is long and is complemented with any mediation of a beautiful old apartment, an idyllic country house or a venerable villa by the hand of our expert real estate brokers at Engel & Völkers Munich. Whether in terms of the real estate market, the infrastructure, educational and cultural opportunities or leisure activities: Munich is characterized by an exclusive diversity that makes the Bavarian capital the ideal real estate location that leaves nothing to be desired.
Engel & Völkers - your partner for the sale or purchase of real estate in Munich
Engel & Völkers has been your real estate agent in Munich for over 20 years and will assist you in fulfilling your real estate wishes in an ideal residential area. Benefit from our in-depth knowledge of the market and up-to-date know-how based on the results of annual market surveys on the sale or purchase of a luxury villa, a fantastic home, or a prime location apartment. Let us advise you in our Engel & Völkers-Shops Munich City Center or Munich Bogenhausen in regards to the sale or purchase of an apartment, a villa or a house in the metropolis of Munich. We make your real estate dream come true!
