Living in Haidhausen – As the cultural and concert centre of Munich, the trendy district of Haidhausen enjoys great popularity as a place to live. The charming small-town flair, the colourful nightlife and the first-class café culture inspire not only tourists, but also young artists, students and working couples. As a result, Haidhausen is at the top of the list of Munich’s most popular residential areas, along with the districts of Neuhausen-Nymphenburg, Schwabing, Maxvorstadt and the Glockenbachviertel. The most expensive street in Haidhausen, the most famous sights and the most sought-after
Living in Haidhausen: Coveted trendy district
The residential complexes in Haidhausen are among the most sought-after in Munich. While Haidhausen was still considered a problem district in the 1970s, the residential area in the east of the Bavarian capital has now developed into the city’s cultural and concert centre. Thus, the district inspires not only by its unique café culture, but also by the colorful nightlife, the wide selection of chic shops and the charming small-town flair.
Welcome to Munich: The capital of Bavaria
Munich is the most populous city in Bavaria and the third largest municipality in Germany. With around 4,800 inhabitants per square kilometre, the Bavarian metropolis is also the most densely populated municipality in Germany. Living in the southern German metropolis means expensive rents and high living costs. However, the city offers a diverse cultural offering, beautiful architecture, a historic old town, green spaces to escape the city stress and picturesque landscapes.
Haidhausen: Map and location
Au-Haidhausen is located in the east of the Bavarian capital. The exclusive luxury district borders on the Isar River and is therefore very easy to reach from the Glockenbachviertel. The city centre is also not far away.
Places of interest: Auer Dult, Gasteig & Nockherberg
Haidhausen inspires not only duch its prime location and proximity to the Isar, but also by the many sights, monuments, green spaces and museums. The Muffatwerk or the Muffathalle is one of the most important cultural meeting places in Munich, the Müllerisches Volksbad was the largest and most expensive indoor swimming pool in the world after its completion in 1901 and the Maximilianeum as the seat of the Bavarian Parliament attracts many tourists every year. The most expensive streets in Munich are also located here and invite you to take a stroll with their exclusive real estate. Whether it’s a relaxed afternoon at the weekend or a leisurely evening with friends: It never gets boring in Haidhausen.
Here are some more sights of Haidhausen:
- Mueller’s public bath
- Auer Dult
Tour: Sightseeing through Haidhausen
Join us on our tour through the breathtaking Haidhausen!
Most expensive street: Steinstraße
Trendy district: Architectural treasures on the Gesteig
Ludwisgbrücke: View of the Isar
Buying property in Haidhausen: Prices per square metre & rental yields
You would like to buy a house in Haidhausen? Then we recommend the districts of Grünwald, Tegernsee or Starnberger See. Somewhat larger properties such as villas, bungalows and the like are a real rarity in densely populated Haidhausen and are more likely to be found away from the hustle and bustle of the city. Instead, apartments are in high demand here. And here, too, you can count yourself among the lucky few if you get hold of a new-build apartment with a terrace.
Most popular property type: Apartments
So you want to invest in a property in Haidhausen
Buying an apartment: Old building & new building in comparison
As a coveted residence of the upper middle class, apartments in Haidhausen are particularly popular. Here, prices have risen extremely in recent years. Here’s a comparison: while apartments cost just under €2,900 per square metre ten years ago, five years later the price per square metre had already risen to €5,700. That is a price increase of 50%! Depending on the location and year of construction, you can currently expect prices per square metre of between almost 7,000 euros and 12,000 euros.
Within 5 years a price increase of 50%
Exact prices per square metre depending on location and year of construction can be found here:
- Existing apartment in the north: 8,100 euros per square metre
- Existing apartment in the south: 6,600 euros per square metre
- Newly built apartment in the north and south: 12,300 euros per square metre
Renting a plot of land: Rental prices & rental yield
You don’t want to buy a property, but rather rent a house or an apartment? While the location and year of construction make a considerable difference to prices when buying a property, there is hardly any difference when it comes to rental prices. Here, a new-build property costs an average of 20 euros per square metre, an existing property 18 to 19.
All figures at a glance:
- Existing property: 18-19 euros per square metre
- New build property: 20 euros per square metre
- Precious old apartments (rarity): up to 27 euros per square metre
It’s striking: While purchase prices have almost doubled in recent years, the same is not true for rents. So in terms of rental yields, you can only assume a gross rental yield of 3 per cent. In the north of the district, the figure is as low as two percent.
Conclusion: Living in Haidhausen
Living and residing in Munich! Many dream of this. Haidhausen in particular is considered to be an absolute trendy district of Munich – and rightly so! Haidhausen is not only the cultural and concert centre of the Bavarian capital, but also a cultural stronghold and mecca of colourful city life. If you want to buy or rent a property here, you have to expect high prices per square metre. An experienced real estate agent not only accompanies you through the entire purchase process, but also advises you on the topics of taxes and real estate, renovation and modernization with craftsmen, architects & Co, as well as real estate valuation and off market.
Munich: Real Estate in Bavaria
Munich is the most populous city in Bavaria and the third largest municipality in Germany. With around 4,800 inhabitants per square kilometre, the Bavarian metropolis is also the most densely populated municipality in Germany. The figures confirm the population growth. More and more people want to live in the Bavarian metropolis. The proximity to the Alps and neighbouring Austria make Munich very attractive.
Real estate in Munich
Munich counts itself as one of the economic metropolises of Germany. It is also famous for its high quality of life and the surrounding nature. Skiing in the Alps or hiking, as well as countless lakes for summer activities are in the immediate vicinity, not to mention the Italian coast in the south.
Living in Munich: Popular districts & residential areas
In no other German city is housing as expensive as here. Experts agree that a property in Munich in the right neighbourhood is a safe investment. But what does ‘right location’ mean in Munich and what kind of investment should one expect to make in order to buy a decent apartment or a luxurious house in the capital of Bavaria? We answer these questions here! To the overview: Living in Munich
- Lake Starnberg
Sell, buy and live in Munich
More and more people want to live in the Bavarian metropolis. The proximity to the Alps and the neighbouring country Austria make Munich very attractive and also the individual districts have a lot to offer. While Lehel and the old town convince with their historical charm, the residential areas of Bogenhausen and Schwabing inspire with their variety of well-kept green spaces and parks. The vibrant Maxvorstadt and the elegant Nymphenburg are also among the most attractive places to live in Munich. Do you want to sell your apartment, your apartment building or your own property here? With our free guides on selling real estate in Munich, you are well prepared. To the overview: Selling real estate in Munich.