Living in Munich – 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. While the districts of Grünwald, Starnberger See and Tegernsee delight with their idyllic scenery and high level of discretion, the centrally located Maxvorstadt and the hip Glockenbachviertel are among the absolute trendy districts in the centre of Munich. Also nearby: The elegant Bogenhausen, as well as the sought-after Haidhausen, which inspire with their exclusive properties and breathtaking architecture. Not to forget Nymphenburg! Find out everything about Munich’s exclusive districts, all property prices in Munich, locations & Co! Back to overview: Real Estate Munich.
Living in Munich: Coveted districts in Bavaria’s capital
A diverse cultural offering, breathtaking architecture and picturesque landscapes – This has an impact on the lives of Munich residents: The standard of living is high, the economy is booming and the unemployment rate is low. As a result, the Bavarian capital not only attracts many tourists from all over Europe every year, but also entrepreneurs, investors, families and singles. Munich is a popular place to live that has something to offer for everyone.
A high quality of life, low unemployment rate, booming economy and breathtaking nature make up the charm of Munich. Thus, not only couples, families and students can be enthusiastic about the romantic capital of Bavaria, but also entrepreneurs and investors. Munich is one of the most important business locations in Germany, along with Berlin and Hamburg.
Overview of the most popular residential areas in Munich: Glockenbachviertel, Schwabing, Tegernsee & Co.
Munich’s housing market is almost unique in Germany, as Munich and Hamburg are Germany’s most expensive cities when it comes to real estate and living. This is mainly due to the successful clientele that Munich attracts, making it the perfect environment for businesses and the self-employed.
We will start with a brief overview of the individual districts in order to give you a more detailed look in the form of maps and city tours in the following. Square metre prices, location & co. – more on that in a moment!
Bogenhausen: Upscale villa district with elegant flair
A high quality of life, first-class real estate and the elegant ambience of the district are what make Bogenhausen so charming. Bogenhausen not only inspires with its many monuments, churches and historical sights. The city’s most beautiful old buildings and architectural monuments are also at home here.
Glockenbackviertel: Hip residential area with artistic flair
Especially the Glockenbachviertel inspires with its prime location, the proximity to the banks of the Isar and the wide range of cultural offerings. The breathtaking cityscape and the colourful art scene also contribute to the charm of the district. While young students and hip artists have enriched the district’s lifestyle in recent decades, working couples and retired older people have consequently also been drawn here.
Haidhausen: Coveted trendy district with small-town flair
Haidhausen in particular is considered to be one of Munich’s trendiest districts – 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. So if you want to buy or rent a property here, you have to expect high prices per square metre.
Maxvorstadt: Cultural centre with university flair
Museums, bars and pubs – Maxvorstadt offers all this. The popularity of the district extends far beyond students, who can be found here mainly during the day, because living space in Maxvorstadt is precious. The cultural programme and proximity to the city centre lead to top property prices, making Maxvorstadt the perfect place to buy luxury real estate.
Nymphenburg: Elegant luxury quarter around the palace
When looking for villas, most people quickly find themselves in Nymphenburg, because this is where Munich’s most expensive luxury properties are located. The resident villa colonies promise not only space, but also a lot of privacy and enough room for children and children. In addition, the castle with park, which can be found in the immediate vicinity, is the perfect place to spend a quiet stroll on the weekends.
Schwabing: Exclusive real estate directly at the park
Schwabing is divided into two areas, which together include the English Garden, the Allianz Arena and also border the old Olympic Village. Here, luxury and affordable properties come together to make this a down-to-earth residential area. You’ll also find unparalleled access to the rest of Munich. If you’re looking for cosy living, you’ll find it in Schwabing.
Lake Starnberg: small town feeling with proximity to the lakeshore
The residents of Lake Starnberg are among the happiest people in Germany. The fresh lake air, high quality of life and very good connections to the Bavarian capital Munich make the towns and communities around Lake Starnberg the most attractive places to live in Germany. Thus, not only German celebrities are at home here, but also successful entrepreneurs and wealthy heirs, as well as non-European nobility.
Tegernsee: Popular residential area away from the hustle and bustle of the big city
Whether condominium, holiday home or bungalow – Lake Tegernsee is one of the most popular places to live in Munich. Everyone can find something here! After all, the small patch of unspoiled nature is not far from the Bavarian capital and inspires tourists, commuters, families and single people. Those who live at Tegernsee appreciate the breathtaking surroundings and the friendly and familiar atmosphere of the communities.
Grünwald: Exclusive residential area with high celebrity density
Grünwald inspires with its high quality of life, high security and a well-kept cityscape full of cosy coffee houses, historic monuments and well-tended green spaces. Not only entrepreneurs and investors feel at home here, but also affluent single people, families with children and prominent faces from the worlds of film, television, music and sport who prefer it away from the bustle of big city life.
Bogenhausen: Exclusive quarter with awe-inspiring mansions
With its 86,000 inhabitants, Bogenhausen is one of Munich’s largest districts and at the same time one of the least densely populated districts of the Bavarian capital. Along with Grünwald and Tegernsee, this upscale neighborhood is one of Munich’s most attractive places to live. The social structure is balanced, the crime rate low and the quality of life high. There is hardly any other part of the city where you can find as many villas as here. And if you need a break from the bustling city life, you can relax on the banks of the Isar – a magnificent view, typical Bavarian coffee and a fabulous sunset included.
Whether it’s a new build or an older property, one thing is certain: only top earners can afford their own home in Bogenhausen. Prices for apartment buildings, condominiums and villas have risen significantly in recent years. In fact, they have doubled!
Square metre prices: 5,000 to 8,200 €/m²
Bogenhausen: Map and location
The famous Bogenhausen district is located in the north-east of Munich and is thus somewhat removed from the hustle and bustle of the turbulent city centre. However, the popular districts of Lehel, Neuhausen-Nymphenburg and the historic old town are not far away by car.
Sightseeing: Exclusive villas on Mauerkircherstrasse
Mauerkircherstraße is located north of Ismanigerstraße. While in Alt-Bogenhausen you will find mainly apartment buildings, luxurious lofts and renovated apartments in old buildings, this corner of Bogenhausen delights with its many extravagant villas. The riverbank is only a few minutes away from here and so local residents appreciate the many Isar green spaces, beach access and the tranquillity of the district.
Glockenbachviertel: Charming district full of history & culture
Hip bars, first-class restaurants, flashy parties and luxurious boutiques that invite you to shop. Over the past few decades, the historic Glockenbachviertel has become one of the most attractive places to live in Bavaria. Known in the 1960s as the stronghold of the gay scene, this district is considered the trendy neighborhood par excellence. Here street style meets haute couture and moving history meets extravagant postmodernism. In the Glockenbachviertel, culture is born and life is enjoyed to the fullest.
You would like to buy a property in the sought-after Glockenbachviertel? Space is scarce here, and thus apartments are particularly popular – from the exclusive loft with a view of the Isar, to the renovated old building apartment near the centre, to the spacious maisonette.
Square metre prices: 6,000 to 11,000 €/m²
Glockenbachviertel: Map and location
The trendy Glockenbachviertel is located in the popular Munich residential district of Ludwigsvorstadt-Isarvorstadt. The attractive residential area of Au-Haidhausen, the old town and the upscale Maxvorstadt are also not far away.
Sightseeing: Gärtnerplatz in the center of the quarter
Gärtnerplatz in the middle of the district is not only a popular meeting place for young and old, but also home to the district’s most exclusive properties.
Haidhausen: Architectural treasures near the Isar river
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.
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.
Square metre prices: 8,000 to 10,000 €/m²
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.
Sightseeing: Tour of Steinstraße
Steinstraße is not only the most expensive street in the district, but one of the most expensive streets in all of Munich. Join us here on our tour, past historic cafés, excellent restaurants and elegant villas, apartment buildings & Co!
Maxvorstadt: Luxurious apartments in the university quarter
Munich’s future elite gathers in Maxvorstadt. The trendy district is particularly popular with students, but young business professionals are also often looking for an apartment here. So if you’re new to Munich on your own or even with a partner, Maxvorstadt is your neighbourhood. Here you will find trendy pubs and a rich cultural program. There are also plenty of options for going out.
Maxvorstadt is densely populated. This not only leaves little space for green areas and parks, but also for building land. While there are a few new buildings, the old existing properties with their historic flair make up the charm of the district. This is particularly noticeable in the prices per square metre.
Square metre prices: 8,000 to 10,400 €/m²
Maxvorstadt: Map and location
Munich is known worldwide for beer, pretzels and Leberkäs Semmeln, but Maxvorstadt shows you the true face of this city of millions. If you are not looking for a tourist program, but rather want to join like-minded residents of the capital of Bavaria, Maxvorstadt is your place.
Sightseeing: modern quarter with historical spirit
Maxvorstadt also shows the historical core of Munich paired with the most modern possibilities. Housing here is in high demand, not least due to the university located here. Even on a Sunday, when shops are known to be closed, there is no boredom in Maxvorstadt. The small cafés serve only the best coffee and the multitude of museums invite you to a cultural afternoon program. But also the English Maps borders a small piece to Maxvorstadt and offers nature and some peace.
Nymphenburg-Neuhausen: Noble living in Munich’s villa districts
The home of the former aristocratic residence is still the absolute luxury district of Munich today. Pompous villas and high-priced luxury apartments characterize the image of the district, which surrounds the castle and the castle gardens. In the midst of the pompous rows of houses in the Neuwittelsbach villa colony, there are also several hospitals, multiple sports clubs and public transport stations, so that you hardly have to walk 300m to the next station and both medical care and leisure activities are provided. On weekends, the castle park in the immediate vicinity invites you to take walks in the greenery and the sight of the baroque castle also becomes just a little less impressive with time.
So if you like to surround yourself with posh neighbourhoods and are looking for large living space, you should definitely take a look at the housing market in Nymphenburg. Properties in exclusive residential areas such as Nymphenburg are often not easy to find. The help of a real estate agent is highly advisable here in order to find the best housing opportunities. The real estate agent’s commission must be taken into account in the price of the property.
Square metre prices: 7,500 to 9,000 €/m²
Nymphenburg-Neuhausen: Villa colonies in Munich
There is certainly no shortage of exclusive living space in Nymphenburg, because in the area of the rich and beautiful, it happens time and again that one of the dream properties is offered for sale. The residential buildings are often privately located and offer a lot of distance to the adjacent neighbors, because the clientele who reside here like to take distance from the everyday hustle and bustle. There is also little need to worry about parking, as the roadside offers secure parking with plenty of space for your guests, and most properties also have extra space on the property for your fleet of vehicles.
Sightseeing: castle park, villas, cafés & co.
In addition to impressive villas and luxury apartments, you can of course also find exquisite restaurants and artisan cafés in Nymphenburg to delight your taste buds. The high prices per square metre ensure that only particularly high-quality gastronomy is located here. The delicacies prepared by chefs in this area are exclusive. To go out in the evening, however, you have to go quite a distance towards the city centre to go to a trendy bar or one of Munich’s classy clubs. However, thanks to the train connection, you can easily get back to Nymphenburg.
Schwabing: Former artists’ quarter as Munich’s chicest residential area
In Schwabing, the desires for a luxurious lifestyle are not left unfulfilled either. The trendy district stretches between the Isar and the popular residential area of Maxvorstadt. In addition to large parts of the English Garden, the district is also home to the Allianz Arena, which regularly hosts home games of FC Bayern Munich. For this reason, Schwabing is not unpopular with the professional footballers of FC Bayern Munich and other employees. In addition, the location on the Isar offers properties with water views and beautiful views. Schwabing also has a lot to offer in terms of culinary options.
Hardly any other Munich district has such a distinctive reputation as the former bohemian and artists’ quarter of Schwabing. Breathtaking architecture, elegant old buildings and eccentric art nouveau facades make the properties the most exclusive objects in the entire city. However, if you are looking for a villa, a semi-detached house or a detached house here, you are in the wrong place. Schwabing, as one of Munich’s most densely populated districts, is the quarter of exclusive lofts, romantic maisonettes and spacious penthouses. This is also reflected in the prices per square metre.
Square metre prices: 3,900 to 7,000 €/m²
Schwabing-Freimann: map and location
The district in the middle of Munich is known for its exclusivity. It’s the perfect place to end an extensive shopping trip in Munich’s upscale boutiques with a dinner in the excellent restaurants that are located here. The Oktoberfest is coming up and you still don’t have a suitable Dirndl for the occasion in your closet. Then take a look around Schwabing, where you’ll find many small Dirndl boutiques that know their craft and will outfit you perfectly.
Schwabing West: map and location
Schwabing West borders directly on Schwabing-Freimann towards Munich city centre and offers just as popular, exclusive residential locations as its big brother. Luxury properties such as penthouse apartments and chic, modern loft apartments are part of the standard inventory here. Due to the top renovated old buildings, it is also not uncommon to find maisonettes. This type of apartment is often considered particularly charming and is extremely well suited for resale. Investing in a Munich apartment is worthwhile anyway, but Schwabing West is the cherry on top.
Sightseeing: Luxurious apartments in art nouveau style
Munich’s cobbled streets have unfortunately been the undoing of many a high heel, but that doesn’t stop the stylish residents from showing off what they’ve got. The beautiful streets lined with high-end architecture are just waiting for you to walk down them, and there’s definitely an emphasis on appearance here. Not just of the occupants, but more importantly of the properties. Most are in very good condition and regularly maintained for this very reason.
Lake Starnberg: Historic communities in the midst of Bavarian idylls
With a population of around 1.7 million, Munich is not only Germany’s third largest city, but also one of the country’s strongest economic centres. 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 Thus, Lake Starnberg not only enjoys great demand as a holiday destination, but also as an attractive place to live.
Whether it’s an exclusive single-family home near the shore, a spacious loft on the mountain or a luxurious semi-detached house in the valley – the residential areas around Lake Starnberg inspire with their proximity to the lake and the individual flair that makes up the charm of each community.
Square metre prices: 3,800 to 5,500 €/m²
Lake Starnberg: Map & Location
Lake Starnberg is located south of Munich and is considered one of the largest lakes in Germany. It is located in the municipality-free area of the same name and is thus assigned to the district of Starnberg.
Sightseeing: Cozy residence with family atmosphere
Life at Lake Starnberg is quiet and idyllic far away from the bustling city life. A leisurely stroll along the lakeside at sunset or paddling on the water – it never gets boring here.
Tegernsee: Popular residential area with unspoilt nature
Lake Tegernsee inspires with its breathtaking nature. No wonder: After all, Lake Tegernsee and its surroundings are part of a protected landscape area. Enchanting forests, hills with fabulous views and small communities on the lakeside with typical Bavarian architecture – not only investors, entrepreneurs and families have discovered this for themselves, but also German and European celebrities. So if you too want to buy a property here, be prepared to run into some famous faces from the worlds of film, television, sport and music from time to time.
While there are plenty of breathtaking mansions and villas in traditional Bavarian architecture to be found in the areas around Lake Tegernsee, luxury apartments in particular are now enjoying great popularity. Spacious loft in Gmund, modernized old building apartment in Rottach or first-class maisonette in Bad Wiessee – especially apartments with 150 to 200 square meters are highly sought after at Lake Tegernsee.
Square metre prices: 5,800 to 8,200 €/m²
Tegernsee: Map & Location
Tegernsee is located south of Munich. The town bears the same name as the local lake, which is one of the most popular destinations for German and international tourism. Around the lake itself are the communities of Rottach-Egern, Bad Wiessee, Gmund and Schliersee.
Sightseeing: Gmund, Wiessee, Rottach and Leeberg
The most popular residential areas include Gmund, Wiessee, Rottach and Leeberg. While each residence brings its own charm, they all inspire with their high quality of life and proximity to the lakeshore.
Grünwald: Luxurious residence with idyllic flair
If you decide on a property in Grünwald, you will live in one of the residential areas with the highest density of celebrities and millionaires in Germany. Thus, this small district south of Munich enjoys great popularity. Grünwald inspires not only by its many green spaces, the varied fauna and the proximity to the Isar, but also by the breathtaking cityscape, as well as the variety of sights and monuments.
The high security of the residential location also contributes to the high quality of life in Grünwald. Although the prices per square metre here are in the higher price ranges, there is hardly any other part of the city with as many exclusive properties as Grünwald. It is therefore worth investing in a property here as a capital investment.
Square metre prices: 7,000 to 10,000 €/m²
Grünwald: Map and location
South of Munich, somewhat away from the hustle and bustle of the city, lies the Upper Bavarian municipality of Grünwald. It can be subdivided into six municipal districts and connects to the neighbouring municipalities of Munich, Pullach and Straßlach-Dingharting.
Sightseeing: Relaxing afternoon on the banks of the Isar
The Isar stretches from Austria to Bavaria. In the past it was considered one of the most important trade routes for ships, today railways and motor vehicles are preferred for the transport of goods. Today, the river enjoys great popularity among tourists as well as residents and always invites to a relaxing walk along the banks. Also the sunsets in summer can be enjoyed perfectly from here.
Nymphenburg, Glockenviertel & Co.: Off-market luxury properties in Munich
Can’t wait to finally move to Munich and become part of Munich’s elite? Then be aware that in such exclusive neighborhoods, the housing market looks a little different than for the standard apartment. Many of the sellers in these neighborhoods do not want the sale of their property to see the light of day. Likewise, it may be in your best interest to keep the purchase of a luxury property rather discreet.
For this reason, the best offers are found off-market, i.e. unlisted. In order to access these, particularly good real estate agents are in demand, who have an incomparable overview of the offer in Munich through their connections. You can find out more about buying and selling real estate off-market here:
Conclusion: These Munich districts are worth investing in!
Whether it’s a villa, a single-family home or an apartment building – the likelihood that real estate prices in Munich will continue to rise is very good. This is also confirmed by the recent amazement of real estate experts at the rapid and unchecked rise in prices – especially for properties in the Glockenbachviertel. Whichever quarter you choose, each of these residential areas impresses with its very own and individual charm.
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
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.
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