Google+
IN ASSOCIATION WITH
Travel Nav

Practical info
Munich’s booming economy means that property prices are on the rise. “Due to its exceptional infrastructure, its location and how safe it is, Munich’s residential real estate market is at levels nearly as high as Zurich, Geneva and London,” Wettig said. “Prices for flats near the centre, in areas such as Lehel, Maxvorstadt and around Englischer Garten have increased 30% in the last two years.” A further increase of 10% to 20% is expected by 2014.

Currently there are few townhouses and family homes available. “Demand is far greater than the number of listed sales,” Wettig said. “Availability is highest in newly-build condos and restored buildings.” A two- or three-bed apartment in a central area costs around 1.5 to two million euros, meaning that the price per square metre is 10,000 to 17,500 euros. A monthly rent for a two-room flat of 50sqm ranges from 600 to 900 euros, while a luxury flat or townhouse can rent for anywhere from 5,000 to 10,000 euros.

Further information
The Munich Eye
: English-language newspaper covering international and national news, sport and events

Munich Found: covers top cultural events and exhibitions, bars and restaurants, movies and festivals

Talk Munich: expat forum, message boards and news for English speakers

Page 2 of 2     First | < Previous | 1 | 2 | Next > | Last

Weather

IN ASSOCIATION WITH

Munich

TONIGHT

Change settings

  • °F
  • °C
15°C
Min
59°F
Min
Heavy Rain

Best of Travel

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.