Planning for the long term: strategy for asset accumulation

Long-term wealth accumulation does not start when assets are needed in a timely manner. That means, for example, shortly before retirement or shortly before a decision when money “must” be spent. For example at the end of the year or if it concerns larger investments, also before elections, for example the federal election (up-to-date with donation / WEG establishment). But – we want to stay at the very beginning.

Wealth accumulation at 20, 30, 40, 50 years?

When should you start building wealth? When you start building up assets does not depend on your age. What is important is that you start “as early as possible” to deal with the matter of capital accumulation. Every euro you have available for investment can generate new profits. The profits can in turn be reinvested and so the added value, the return factor of a single euro, is already significantly greater. The longer your money can “work”, the better. As can be seen in the calculation example (later),

every euro doubles, every 10 years, with a return of only 10% p.a. (per anno = per year)

This way your assets grow, more and more equity can be used for investment.

Whether 20 years, 30, 40, 50 … the important thing is: start!

Comparison: Wealth accumulation by age

In this comparison, we assume an investment of 50,000 euros. Here you can see the return up to the age of 60, at 10% p.a.:

• 20 years > 1,870,217 Euro at age 60
• 30 years > 721,049 Euro at age 60
• 40 years > 277,995 euros at age 60
• 50 years > 107,179 Euro with 60 years

You see, the sooner you start, the better.

Time is money!

Investment forms and age – Age is also irrelevant when it comes to choosing the right investment form. Whether quick investments, as with shares or long-term investments, as with real estate as an investment. An overview of investment forms can be found here, for example, list: Capital investments (external, magazine). The basis is the amount of your equity and the question, which investment can I afford?

How does building wealth work?

First of all, there is one golden rule that you have to live with:

Much helps much, who has something, much or even very much capital, is in the advantage

Why? Wealthy investors, for example, can afford tax advisors who also take care of tax avoidance. So while you’re paying capital gains tax, they’re using loopholes in the law to avoid tax. Which is perfectly legal. If you know how to save taxes, you should use your knowledge – more on that later, too. So we hold:

Money helps a lot: equity / return comparison

Your goal is:

Wealth creation

Why “more money is good”, you can see here. Capital only multiplies slowly. Let’s calculate a small, real return that you earn annually with your investment.

Example 100,000 Euro equity – Let’s say you generate a return of 10% per year, whether with real estate (equity min. ~ 20,000 Euro, why you will learn in a moment [leverage effect]) or an ETF fund of various stocks (equity from 100 Euro, example solar industry), then you increase your capital from:

• Invested: 100.000 Euro
• Return on investment: 10,000 euros
• Equity capital (new): 110,000 Euro

Example 10,000 euros equity – If you approach wealth accumulation on a smaller scale, for example, through a portfolio of cryptocurrency, stocks or ETF, with 10,000 euros, you make accordingly 1,000 euros plus.

• Invested: 10.000 Euro
• Yield: 1,000 euros
• Equity capital (new): 11,000 Euro

Make money “just” work

So if you “only” let money work, you need a lot of money so that you can live on it, so to speak without working, as passive income through “interest”. With “only” 10,000 euros, you would need 40 years to come to 50,000 euros of equity. With a stable 10% annual return.

Example table:

And … then come the taxes

Profits and taxation – Another disadvantage for those who have little equity: Taxes. Not even considered, the capital gains tax, each at 25% on the capital gains. Accordingly, the return on 10% real, only 7.5%, so after tax.

Large investors have a decisive advantage, they can afford tax advisors who know how to avoid taxes through company constructions (such as family trusts) and other refinements, e.g. gifts within families.

So you see:

Wealth accumulation needs equity capital, ideally 100,000 euros and more, so that it is “fun”; but it is also important: If you have less available, see this sum of 100,000 euros equity capital as the first goal and incentive!

Why? If you want to invest in real estate at some point – which all large investors do – you need capital, for example for the purchase, but also for renovations that are pending.

Now you know the starting situation, let’s move on to the tools (knowledge) you need.

Leverage effect and debt capital

That’s why it’s so important to learn a few initial mechanics and levers. First:

Borrowed capital (loans) is part of the business

Leveraged finance, real estate and similar transactions are the means of choice when equity (through debt) is to be increased.

Through this leverage, you could buy a condo worth 1 million, rent it out afterwards, and only have to put up 100,000 to 200,000 euros of equity to buy the property.

As a rule, you need (10 to) 20% equity for the first property.

It is no different with shares and stock market transactions, a certain proportion must always be presented as collateral when you trade with leverage. The broker lends you money for your investment. The bank lends you money for your real estate investment. As I said, leverage (loans) is part of the deal.

Your return basis (e.g. from renting) is now 1,000,000 euros, instead of “only” 100,000 euros.

Here, large investors have another advantage, once there are enough asset shares, the financing game turns around. Suddenly you no longer have to go to the bank and ask for financing, banks approach you to realize project with them. It just comes down to creditworthiness and your assets.

Conversely, for all beginners, be patient and focus on a long-term strategy to build wealth!

Formula: Excursus from business administration

Of course, there is no exact formula for safely building up your assets. For the sake of completeness, however, it should be mentioned that there is a formula for return on equity from classical business studies, which you can use to compare different periods (month, quarter or year), for example.

After the formula come the tips!

Tips: Save, invest smart, diversify

1. Saving: Earning” money without working
2. Invest (in yourself) instead of spending money
3. Spreading investments: minimising loss risk

Saving: Earning” money without working

So the key is, what have you already read out at the beginning, think long term! It starts very simple. Quick times to Starbucks, luxury hotel on vacation, always, immediately the latest smartphone model.

The ultimate, first tip, especially for beginners: saving makes for more wealth, always.

Whether it’s Starbucks coffee for those with almost no equity or the “superfluous” boat (with subsequent costs) for those who are already wealthy. Saving is essential when building wealth.

In order to increase your equity, cut out unnecessary costs, saving is the order of the day! A quick example: for entrepreneurs who, for example, do not have to adhere to fixed working hours, should take advantage of the off-season when booking travel, already the holiday costs 15% – 30% less. But also think about taxes, don’t avoid the issue! Tax allowances are cash money that you get back at the end of the year.

On a small scale in the case of conversion costs that can be deducted in the tax return, on a large scale, for example, 500,000 euros in tax-free allowances when setting up a family foundation (saving gift tax).

From saving money to taxes, there’s a lot you can do here, without any new hassle.

So don’t leave your finances to chance, plan actively, for your own future and as retirement savings.

Invest (in yourself) instead of spending money

Always invest in yourself! Simply put, an expensive car as prestige, perhaps “good” for the personal ego, depending on how you look at it, but bad for the balance sheet when it comes to building wealth. On the other hand, if you spend your money on further education, whether it’s mechatronics or auto industry design, then it’s money well spent. Because it will multiply as your performance increases.

Education is important as a progression, as in the example of a web designer furthering his education in auto industry design, to the topic of taxes, as mentioned above.

Spreading investments: minimising loss risk

Another important insight, do not invest in a single “channel”. The more diversified your investments, the lower the risk of failure of individual stocks. For example, let’s say you bet everything on the stock of an electric car manufacturer. Suddenly there are multiple, unforeseen incidents, perhaps even fatalities on the road, negative press. The stock price may now go on a long-term slide that may take months or years to recover.

Should you need to access your reserves within this period (price low), this would only be possible if you accept a high price loss.

That’s why you diversify your investments:

• Equities, better ETF (bundled equity securities); possibly a small share of crypto
• Precious metals like gold
• Real estate as an investment

That was a first, small insight. Now let’s go deeper into practice and start with saving:

Invest money and build assets

1. Wealth through savings: Without and with equity capital
2. Wealth accumulation on the stock market: Alternative
3. Shares and ETFs
4. Cryptocurrency

Wealth through savings: Without and with equity capital

Those who are still at the very beginning in terms of wealth accumulation have little or no equity capital available. Accordingly, we come back to one of the most important rules, reduce costs. The less money you have to spend, the more remains in your pocket to reinvest the money.

Our free guide offers a very detailed basis. From everyday household, to shopping, to saving on travel. Taxes, water, electricity and much more!

Read numerous tips on how to save money here:

• Save (XXL)

Wealth accumulation on the stock market: Alternative

For many, the easiest way to get started is the stock market. Today, through apps like eToro, you can participate in stock market trading within minutes, whether stocks, currencies, ETF or cryptocurrency. Every investment is always associated with risks, accordingly, we want to give you an overview of the matter.

• Stock exchange opening hours

Shares and ETFs

Comparatively little risk, in relation to investments such as cryptocurrencies but also currencies, offer shares and even less risk, bundled share packages, so-called ETF. But even within individual stocks or sectors, the risks differ. If you look at the largest real estate stocks, for example, you can see the steady growth over the past years and decades, and thus also the dividends for investors, as well as their returns when selling the shares.

• Shares
• Real Estate Share

Cryptocurrency

Cryptocurrencies may sound like a classic currency (FIAT currency) at first, but in principle it behaves more like the stock market, only without the equivalent value of the company. This is because in currency trading, as you will learn in a moment, you are speculating in the form of currency pairs, or the news and information behind the economic/political systems that make up the currency in question.

Cryptocurrencies are more of a mass phenomenon. The more who believe in the increase in value or even the stability of value, the more will invest. The fewer believe in it, the fewer will invest. Behind the product is no company, accordingly, the price can fall far overnight, even without negative news.

Where there is high risk, there are also high potential profits. Accordingly, the trade with cryptocurrencies attracts a lot, especially because you can already invest with a few euros or dollars. So even small investors can get started with 10, 100 or 1000 euros or dollars.

• Trade cryptocurrency
• Crypto ETF

FIAT currency (euro, dollar, etc.) – digression

Here’s a little digression, if you’re interested in currency trading, here’s another informative article that summarizes all the material on Forex.

• Currency trading

Wealth accumulation with real estate

Less risk, long-term thinking – buying real estate is the name of the game when it comes to solid, sustainable forms of investment.

Advantages, requirements and location

Building wealth through real estate begins in advance, with the considerations and planning for the purchase of real estate.

With real estate, you have various advantages, for example, tenants and the state take over a large part of the monthly costs. You only have to make sure that you always have sufficient capital available, for example for renovation, refurbishment and vacancy (more common in C-locations).

Real estate, whether condominium, house or apartment building, in A-location and B-location, are a safe bank. So the very first step is always, the first property. Learn more about the topic here:

• Buy property
• Just like buying a house
• Buy a condominium

Residential, commercial, owner-occupied or rental

But it is not done with the purchase, now comes the question of owner-occupation or renting? Here quite clearly renting! With the question residential property or commercial property, quite clearly residential property. In many inner cities commercial properties are empty. The new renting is therefore clearly more difficult.

Let’s continue with the topic of taxes. What taxes do you face when you buy a condo or a house? The topic of taxes can go on and on. A tax consultant can provide the right impulses. As a rule, however, taxes are a matter for the boss and are therefore subject to your personal planning, in consultation with the tax advisor.

Example: Speculation tax on resale

One easy-to-remember type of tax, for example, is the speculation tax. It states that real estate can be sold on tax-free after 10 years. So if you hold your property for ten years and then sell it, you are exempt from speculation tax. If you only own a condominium and don’t know about it, sell the condominium after nine years, you will learn about speculation tax for the first time. Accordingly, again the reverse: you are the best organizer for your wealth accumulation!

Accordingly, wealth accumulation with real estate is only possible if you gradually expand your portfolio. Wealth accumulation with the peculiarities, is not enough to build a solid foundation for old age. Ideally, you buy a property and rent it out.

So that you already have a little insight into how taxes can be avoided, for example through certain legal forms / constructs, here are two examples. Whenever it is no longer just about individual properties, but perhaps even about 50, 100, 500 or even 5,000 residential units, you need other constructs than the typical, individual GmbH. If you want to look a little deeper into real estate, investments and taxes, here are two more good examples of what is possible when you eventually get to the point that you have “made it”.

Typically for families, especially to pass on wealth to the next generation, but also to be able to pass on profits, in part, tax free, many become the family foundation.

Family foundation – example

In very simple terms: If you own a lot of real estate, you can set up a family foundation. The advantage: With a family foundation you pay only 15% corporate income tax on the rental of real estate and capital gains are tax-free (after the speculation period). It gets even better, for example at incorporation. When transferring assets upon formation, up to 500,000 euros can be transferred to the beneficiary of the foundation tax-free (free of gift tax) (tax-free amount).

• Family Foundations

It gets even bigger later, much, much later in asset management.

Asset management – example

Wealth management is also called the investment of the rich. The fact is that investing with asset managers is only profitable above a certain amount and is not a sensible option for small investors. How exactly do asset managers work and when does it make sense to let someone else manage your money? The topic of asset management is very multi-faceted and is only worthwhile for certain people. Especially for institutional investors, such as insurance companies, the investment is worthwhile.

• Asset Management

Living in Nordend: Elegant district with royal flair

The Nordend is one of the hippest and most desirable districts of Frankfurt. In hardly any other quarter is the population density as high as here. That the Nordend has always been popular, shows us also a look at the history of the residential area. As early as the Middle Ages, there were numerous royal Roman courts here, followed later by pompous estates in the style of the Neo-Renaissance and later Classicism. This inspires not only families with children, young couples and professionals, but also investors and entrepreneurs.

Welcome to Frankfurt: International metropolis in Hesse

Frankfurt is considered one of the most impressive cities in Germany. Modern skyscrapers adorn the skyline of the city center, the banking district, home to many major German and European banks, offers plenty of job opportunities and the multitude of exclusive boutiques and culinary delights from all over the world inspire not only long-established Frankfurt residents, but also newcomers from all over Europe. The economic strength of the city, as well as its prime location, make Frankfurt one of the most important and international metropolises in Germany.

Nordend-West: Map & Location

The north end of Frankfurt can be divided into west and east. However, this division is only of a statistical nature. While the Friedberger Straße formally forms the border between the two districts, both East and West are summarized as one large Nordend.

Here map and location of the Nordend-West:

Nordend-East: Map & Location

Nordend-Ost borders on Ostend as well as on the city centre and Bornheim.

Sights, Monuments & Co.

The Nordend is multifaceted: well-kept green spaces such as the Güntherburgpark and Wasserpark invite you to take a walk, the Chinese Garden spreads a true holiday feeling and with the local mini-golf course and the theatre ‘Theatrallalla’, entertainment is always provided.

Here are some of the top sights of Frankfurt-Nordend:

• Günthersburgpark
• Chinese garden
• Bethmann Park
• Miniature Golf
• Theatrallalla
• Water park
• Luther Church

Sightseeing: A tour of the Nordend

The Nordend is not only home to exotic parks and diverse entertainment culture, it is also where the most diverse cityscapes meet. While elegant villas and old apartments from the Wilhelminian period line the streets, architectural treasures from the modern era can be found here and there. Hip cafés, exclusive boutiques and fine restaurants also add to the flair of the Nordend.

Chinese Garden: Oasis of peace in the heart of Frankfurt

Modernised old buildings and modern apartments

Berger Straße: The longest shopping street in Frankfurt at a glance

Real estate & prices per square metre in Nordend

While new-build apartments are in high demand (and therefore also high property prices) in the west of the Nordend, existing apartments are more popular in the east of the district. Would you like to buy a house or a villa? Here the prices are the same for west and east. For new construction, you have to reckon with about 3,570 euros per square meter here. In principle, the better the location and infrastructure, and the more varied the cultural offerings in the area, the more expensive the square metre. In addition: If the property has recently undergone renovation or refurbishment, including workmen, architect & co, you should expect a higher selling price.

All prices per square metre at a glance:

• Buy a house (existing): 3,300 €/m²
• Buy a house (new construction): 3,570 €/m²
• Buy apartment (existing): 7,400 – 9,600 €/m²
• Buy an apartment (new building): 4,300 – 9,400 €/m²

Conclusion: Living in Nordend

Living and living in Frankfurt – that’s what many people want. Whether it’s a modernised apartment in an old building, an exclusive villa or a lucrative apartment building as an investment, everyone feels at home in Nordend. The district is safe, the location is first class and the elegant cityscape not only offers architectural diversity, but also makes up the charm of the district. Not to mention the many romantic cafés and culinary delights! If you would like to buy an apartment here, then you must be prepared for somewhat higher prices per square metre. These are particularly popular here.

Frankfurt am Main: Real estate in the financial metropolis

Frankfurt is definitely the most impressive German city. If you stand in the Frankfurt city center, you drive in here, the skyscrapers are something very impressive. This makes the city seem twice as big as Berlin, three times as big as Munich and four times as big as Cologne. The attractive location directly on the Main and in the centre of Central Europe continues to attract people from all over Germany and the world to the city. Frankfurt a.M. is known for its unique skyline, skyscrapers and a thriving financial market. But the city offers so much more. Museums, green spaces, the opera, art halls. Culture as far as the eye can see.

Real estate in Frankfurt

With its opera, theatres and museum mile, Frankfurt has everything that high culture needs. In addition, a decent gastronomy scene, which in terms of internationality has no comparison in the world. There are beautiful parks in the city, as well as the zoo and the Palmengarten, so that you don’t have to leave the city for a short rest. The banks of the Main River invite you to stroll along, in addition to the chic shopping galeries. The skyscrapers are also an attraction in themselves. And if you visit one of the numerous festivals in the summer, it’s hard to get away from the view of the skyline.

• Real Estate Frankfurt

Living in Frankfurt am Main: Popular districts & residential areas

With a population of less than one million, the metropolis in the Rhine-Main region is known worldwide and home to Germany’s second largest airport. No wonder, after all, Frankfurt is considered an attractive place to live. While the up-and-coming Gallus convinces with its hip flair and excellent location, the Westend and Nordend inspire with their elegant charm paired with historical flair. Find out everything about Frankfurt’s most popular districts, their locations and prices per square metre here. To the overview: Living in Frankfurt am Main

• North End
• West End

Sell, buy and live in Frankfurt am Main

Whether modern Nordend, up-and-coming Gallus, international Westend or the popular neighbouring town of Offenbach, with the current price trend it is worth selling your property in Frankfurt! You want to sell your apartment, your apartment building or your land in Frankfurt? Find out here what you need to bear in mind when selling your property in Frankfurt. In addition: Our free guides and tips on the topics of property valuation, off market and all prices per square metre in Frankfurt – Welcome to Frankfurt! To the overview: Selling real estate in Frankfurt.

• Gallus
• Ostend
• North End
• West End
• Offenbach

Most expensive streets in Munich: Seestraße to Sophienstraße

The Bavarian capital is not for nothing one of the most expensive residential areas in Germany. Yet the dream of many is to live in Munich. The metropolis in the south of Germany not only offers fantastic holiday regions for skiing or beach holidays in the Alps or Italy, Switzerland or Austria, but also a unique charm. Munich enchants residents and visitors with historic facades, idyllic squares and plenty of green parks, especially the English Garden or the Olympic Park. If you want to buy a property in Munich, you should be prepared for steep prices. We have compiled some of the most expensive streets, squares and adresses in Munich for you.

Overview: Expensive adresses in Munich and location summarized

Before we talk about individual streets and squares in Munich with their respective details and prices for real estate, here is an overview of the most expensive adresses in the Bavarian capital. Here you have to reckon with a purchase price of real estate between about 10,000 – 20,000 euros per square meter.

• Elisabethplatz – Maxvorstadt / Schwabing
• Flemingstraße – Bogenhausen
• Klenzestraße – Glockenbachviertel
• Königinstraße, Seestraße, Mandlstraße – Schwabing
• Maria-Theresia-Strasse – Alt-Bogenhausen
• Müllerstraße – Glockenbachviertel
• Schellingstraße – Maxvorstadt
• Sophienstraße – Maxvorstadt
• Steinstraße – Haidhausen
• Zuccalistraße – Nymphenburg
• Auffahrtsallee (north & south) – Nymphenburg
• Titianstrasse, Montenstrasse – Nymphenburg

Elisabethplatz: Living in Maxvorstadt

The area around Elisabethplatz is one of the most popular adresses in Munich and is therefore also one of the most expensive. Buyers of property here should expect to pay around 12,000 euros per square metre. Elisabethplatz is located in the trendy Maxvorstadt, not far from the city centre. The English Garden with its extensive green spaces invites you to relax and unwind and is only a 15-minute walk from Elisabethplatz. The Olympic Park is also just two and a half kilometres away. So it’s no wonder that this address, centrally located yet surrounded by greenery, is popular with many Munich residents.

Tip. Here you can also find more information as a seller: Sell property Maxvorstadt

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here at Elisabethplatz you will find top adresses like:

• Schauburg Munich (Theatre)
• Hilscher jeweller

Elisabethplatz in Munich (map):

Flemingstraße: Property near the banks of the river Isar

Flemingstraße in Munich Bogenhausen is a good 1km long and lies in the immediate vicinity of the banks of the Isar. The leafy bank, on whose opposite side the famous English Garden extends, invites you to long, idyllic walks along the riverbank. On the other side, Flemingstrasse is lined by Arabellapark. The immediate proximity to many extensive green spaces and the Isar river make this address particularly popular. Many detached houses and city villas can be found here. If you are lucky enough to get hold of a property on Flemingstrasse, you should expect a purchase price of around €15,000 per square metre.

The price per square meter here is up to:

Maximum prices up to 15.000 € / m²

Here near Flemingstraße you will find top adresses like:

• Various consulates
• Isarufer & English Garden

Flemingstraße in Munich (map):

Klenzestraße: Living in Munich city centre

With a length of just over 200m, Klenzestraße in the centre of Munich is a fairly short but nevertheless extremely popular street. The close proximity to Gärtnerplatz and the Isar riverbank, which can be reached in just a few minutes, make this street an attractive place to live. Munich’s Museum Island and the world-famous Viktualienmarkt can also be reached from here in just a few minutes’ walk. Living in the city center offers many short distances and an everyday life among the popular historic buildings. The infrastructure here is also remarkable, supermarkets, cafés, restaurant and much more are in the immediate vicinity.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here in the Klenzestraße you will find top adresses like:

• Café 36
• Gärtnerplatztheater

Klenzestraße in Munich (map):

Müllerstraße: Gärtnerplatz & Viktualienmarkt

Müllerstraße runs parallel to Klenzestraße and offers similar advantages, especially in terms of location. For many people who have moved to Munich, but also for native Munich residents, living in the city centre is a wish that is often not easy to fulfil. Those who get hold of a property or apartment here can consider themselves lucky. The proximity to the Viktualienmarkt and Munich’s city centre is an absolute plus for this location, and all the shops that you need to go to regularly are within walking distance.

The price per square meter here is up to:

Maximum prices up to 25.000 € / m²

Here in Müllerstraße you will find top adresses like:

• The Seven skyscraper
• Viktualienmarkt in the immediate vicinity

Müllerstraße in Munich (map):

Königinstraße, Seestraße, Mandlstraße: At the English Garden

These three streets are among the most popular and at the same time most expensive adresses in Hamburg. They are located in close proximity to each other – Königinstraße even merges into Mandlstraße – and border the popular, huge English Garden, which invites thousands of Munich residents every day for walks, breaks in the green or boat trips. Located in the north of Munich and on the western side of the English Garden, the city center can be reached very easily and quickly from these streets. Only the car traffic can be a problem here, at rush hour you should better switch to public transport or the bike.

The price per square meter here is up to:

Maximum prices up to 20.000 € / m²

Here in the Königinstraße you will find adresses like:

• English Garden
• Alliance
• Registry office Schwabing

Königinstraße in Munich (Map):

Maria-Theresia-Straße: Living with a park view

Maria-Theresia-Straße is located in the eastern city centre of Munich on the “other” side of the banks of the Isar and runs parallel to the Maximiliansanlagen. The large and well-maintained park area along the banks of the Isar is an absolute highlight for joggers, dog owners or even nature lovers. Wiener Platz and the Maximilianeum are also within walking distance, as is the Praterinsel, which can be reached via the Maximiliansbrücke. Historic city villas and the one-sided street has a unique charm and offers free, undeveloped views of the park for all residents.

The price per square meter here is up to:

Maximum prices up to 18.000 € / m²

Here in Maria-Theresia-Straße you will find top adresses like:

• Maximiliansanlagen (Park)
• Museum Villa Stuck

Maria-Theresia-Straße in Munich (map):

Steinstraße: Life at Wiener Platz & Isarstrand

Steinstraße, which starts from Wiener Platz, is in close proximity to Maria-Theresia-Straße, which runs along the Maximiliananlagen. Accordingly, Steinstraße is also in close proximity to this popular park on the eastern side of the Isar. Its proximity to the Äußere Ludwigsbrücke bridge provides access to the Museum Island as well as a quick route by car or e-scooter towards Munich city centre. The street, which is around 350m long, is home to residential properties as well as a number of shops and eateries.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here and near Steinstraße you will find top adresses like:

• Rue des Halles (Restaurant)
• Munich City Library
• Isarstrand

Steinstraße in Munich (map):

Schellingstraße: North of Munich with a lot of gastronomy

Schellingstraße in Munich’s Maxvorstadt district is an extremely popular street in Munich. Situated between the expansive English Garden and the city centre, Schellingstraße is just under 2km long and offers plenty of space for properties of all kinds. The proximity to Munich sights and highlights such as the Alte Pinakothek makes this address particularly attractive. Many restaurants and catering establishments have settled here, inviting you to linger and making it possible for residents to eat out comfortably all week without having to put up with long commutes.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

In the vicinity of Schellingstraße you will find top adresses like:

• Alte Pinakothek
• Munich Residence

Schellingstraße in Munich (map):

Sophienstraße: Real estate at the Old Botanical Garden

Sophienstraße in Munich runs in two directions along the old Botanical Gardens in Munich and is therefore a much sought-after address in the Bavarian capital. The direct view of the green idyll makes living on any floor on Sophienstraße a dream, as you are right in the city centre, yet can enjoy green nature on your doorstep. Munich’s main railway station is also in the immediate vicinity, within walking distance and thus offers an ideal connection if you don’t want to struggle through the city traffic by car.

The price per square meter here is up to:

Maximum prices up to 13.000 € / m²

Here in Sophienstraße you will find top adresses like:

• McKinsey & Company
• The Charles Hotel
• Botanic garden

Sophienstraße in Munich (map):

Driveway (north & south): castle panorama in the countryside

The northern and southern driveway avenue runs on two sides along the Schlossgarten canal of Schloss Nymphenburg and is thus located rather in the west of Munich, above the main railway station. With a length of over 2km in both directions, the avenue offers many gorgeous properties along the leafy canal bank. The panoramic view of Nymphenburg Palace is partly free on top. The quiet street, which is lined by a picturesque avenue of trees, is home to some architectural treasures that are worth their price. Anyone who gets the opportunity to grab a property in the driveway avenue should take it.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here in the driveway avenue you will find top adresses like:

• Nymphenburg Palace / Grünwald Park
• Bavarian Chamber of Architects

Northern driveway avenue in Munich (map):

Here you can see the avenue panorama of Munich’s Nymphenburg Palace.

Zuccalistraße: West Munich with Botanical Garden

The Zuccalistraße is located a bit outside of Munich’s inner city in the west of Munich. Despite the fantastic location directly on the Botanical Garden, the property prices are quite reasonable by Munich standards due to the slight “remoteness” – however, one cannot speak of the most expensive street in Munich as cheap. The Zuccalistraße is located to a large extent directly at the Botanical Garden and offers many adjacent property owners a direct view of the well-kept large park. Anyone who lives here has hit the location jackpot!

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here at Zuccalistraße you will find popular adresses like:

• Nymphenburg Castle
• Botanic garden

Zuccalistraße in Munich (map):

Tizianstraße, Montenstraße: Living in Neuhausen-Nymphenburg

Tizianstraß and also Montenstraße are located in the direct vicinity of the southern and northern Auffahrtsallee, as well as Zuccalistraße. The location near Nymphenburg Palace and its adjacent palace park makes these adresses residential areas with holiday flair. A walk along the palace garden canal also makes you feel like you are on holiday. The huge palace park also includes a botanical garden and a palace café and invites you to long walks or leisurely picnics. Living not far from the Neuwittelsbach villa colony could hardly be more beautiful, but prospective buyers will have to pay for it.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here in Tizianstraße and the surrounding area you will find top adresses like:

• Titian Square
• Nymphenburg Castle

Titian Street in Munich (map):

Lichtentaler Allee: Living in the midst of nature

Lichtentaler Allee is a beautiful street in Baden-Baden, which lies in the middle of a green belt and also parallel to the river Oos. Properties on the avenue or Lichtentaler Straße are usually very large and offer a spacious property. Most villas offer an exclusive view of the Lichtentaler Allee and the large green area. Especially here an investment in a property is very suitable, because this area is especially suitable for families or but also for seniors. The proximity to the city centre and the life in the green go together on the Lichtentaler Allee, which makes this area so popular.

The price per square metre here is

Maximum price up to 10.000 €/ sqm

Here you will find top adresses like:

• Ivan Turgenev Statue
• City Museum Baden-Baden
• Museum Frieder Burda
• State Art Gallery Baden-Baden

Lichtentaler Allee in Baden-Baden (Map):

You want to take a closer look at the surroundings? Then you can explore the landscape here in a virtual way.

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
• Muffatwerk
• Gasteig
• Maximilianeum
• Ludwigsbrücke
• Nockherberg

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 as a capital investment? You want to rent an apartment, or maybe even buy an apartment building to rent it out lucratively? Here is all the information you need about prices per square metre and rental yields!

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.

• Real Estate Munich

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

• Bogenhausen
• Glockenbachviertel
• Haidhausen
• Maxvorstadt
• Nymphenburg
• Schwabing
• Lake Starnberg
• Tegernsee
• Grünwald

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.

• Neuhausen-Nymphenburg
• Lehel
• Old Town
• Schwabing
• Bogenhausen
• Maxvorstadt