Living in Schwabing: Former artists’ quarter as Munich’s chicest residential area

What was once an arts and culture district has now become one of Munich’s chicest trendy districts. Centrally located in the north of the Bavarian capital, the residential area inspires above all wealthy heirs, successful investors and ambitious academics. No wonder: After all, the most exclusive apartments in Munich are at home here, life is exciting and the connections to the other trendy districts, such as Lehel, Bogenhausen & Co. are good. More about living in Schwabing in a moment.

Welcome to Munich: The capital of Bavaria

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.

Schwabing: Map & Location

The famous Schwabing district is located in the north of the city and borders Maxvorstadt. The Altstadt, Lehel and Neuhausen-Nymphenburg are also nearby. It is also home to the most expensive streets in Munich. The trendy quarter stretches from the Siegestor in the south to the Ring, bordering Freimann, in the north. In the east, the Isar forms the magical border to the next district and in the west everything up to Friedrichstraße and Mainzer Straße counts as Schwabing.

Here map and location of Schwabing:

Sights, Monuments & Co.

The district of Schwabing can look back on a long and eventful history. In the 19th century Schwabing was considered a city of art, where artists from all over Germany resided for decades. Even today Schwabing is known as a trendy district and inspires with its variety of monuments, sights, museums and parks.

Here is a list of some of the famous sights:

• Catholic parish church St. Sylvester
• Harrach-Schlösschen
• English Garden
• Lake Kleinhesseloher
• Pacelli Palace
• Leopold Park
• Seidlvilla

Caution: Schwabing or Freimann? The subtle difference

Not all Schwabing is the same. Many real estate agents are aware of the hype of the trendy district and the rising real estate prices in Munich and so some real estate portals quickly claim that the property is located in Schwabing. So if you come across a property near the Allianz Arena or even near Müllberg, be careful. In this case it is no longer Schwabing, but Freimann. Both districts together belong to the twelfth district of Munich and so confusion is quickly pre-programmed.

Wealthy neighbours, German celebrities & successful entrepreneurs

If you too would like to buy a property in Schwabing, sooner or later you will ask yourself the question: Who lives in Schwabing? In the most expensive streets of Munich you will mainly meet well-off middle-aged employees. Retired older people and families with children, on the other hand, are seldom to be seen. In addition, just under 54 percent of all households in Schwabing are one-person households and couples live in just under 30 percent of the apartments.

Sightseeing: A tour through Schwabing

Schwabing is colourful, varied and above all one thing: full of life. While the Kleinhesselohrsee invites you to an exciting boat trip, the Leopoldstraße and Hohenzollernstraße inspire with their exclusive boutiques, traditional coffee houses and luxurious bars. Join us on our tour through Schwabing.

Kleinhesselohrsee: Relaxed leisure facilities in the north of Schwabing

You need a few hours break from the busy city life? In the south of the English Garden you can end your day relaxing on the shores of Kleinhesselohrsee. Small streams, beer gardens and the open-air swimming pool Ungererbad also delight, especially on hot summer days. And if you like it a bit more sporty, you can rent one of the many rowing boats and pedal boats at the Seehaus.

Here the view of one of the most beautiful lakes Munich:

Leopoldstraße: Cosy pubs and modern bars

Barschwein, Schwabinger 7 and The Cave – in Schwabingens Leopoldstraße the night turns into day. Whether it’s a cosy after-work beer, an exotic cocktail or an indulgent coffee at lunchtime, Leopoldstraße is one of the liveliest streets in the trendy district.

See more on Streetview:

Hohenzollernstraße: Shopping mile of the extra class

It’s too mainstream for you in the pedestrian zone? You prefer a place with selected shops where far less is going on? Then Hohenzollernstraße is the right place for you! Here, small street cafés are lined up next to each other, decoration shops inspire with excitingly decorated shop windows and the biggest fashion labels in the world are at home here.

Here is a walk through the shopping mile of Schwabing:

Real estate & prices per square metre in Schwabing

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.

Old building apartment in Schwabing East, English Garden & Co.

The most sought-after residential areas for condominiums can be found in the Schwere-Reiter-Strasse area. Here you can expect to pay around €8,000 per square metre. Prices are rising again on the corner of Schwabing Ost and Englischer Garten. Here, an apartment in an old building can quickly command 9,150 euros per square metre.

• Schwere-Reiter-Straße: 8,000 euros per square metre
• English Garden & Schwabing East: 9,150 euros per square metre
• Average throughout Schwabing: 7,000 euros per square metre

In comparison: five years ago, condominiums here cost only 5,000 euros per square meter.

Newly built apartment: Schweren-Reiter-Straße & Münchner Freiheit

New-build apartments in Schwabing are in demand and are priced higher than apartments in older buildings. You can now expect to pay just under €10,000 per square metre for a new-build apartment on Schweren-Reiter-Strasse. In the Münchner Freiheit area it is around €9,500.

New apartment in Schwabing: 10,000 euros per square metre

Rent apartment, house and land

Not only have purchase prices risen, but so have rents. An existing property currently costs between €18 and €19 per square metre and a new build property just under €20 per square metre. Unless you decide on a property directly at the English Garden. Here, a rented apartment can quickly cost 27 euros per square metre.

Property at the English Garden: 27 euros per square metre

Given the rental prices, you’re probably thinking: why not buy an apartment building and then rent it out lucratively? In fact, we currently advise against it. Although rental prices have risen, the rapid increase in purchase prices has hardly any effect on the return. You can’t make up for the twice as high purchase prices even with the five euros extra rent.

• Existing property: 18-19 euros per square metre
• New build property: 20 euros per square metre

Conclusion: Living in Schwabing

Living and dwelling in Munich – many dream of this. Schwabing in particular can look back on a long and eventful history. This is not only evident from the many sights, but also from the large number of apartments in old buildings, the romantic architecture of bygone times and the many art nouveau facades. As a chic trendy district of Munich, Schwabing is also very well connected to the other parts of the city, making life here exciting and varied. While the high rental prices encourage you to buy an apartment building, we advise you not to. It is much better to invest in your own holiday apartment or in an exclusive penthouse as a permanent residence. 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, architect & 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

Living in Bogenhausen: Upscale villa district with elegant flair

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.

Welcome to Munich: The capital of Bavaria

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.

Bogenhausen: Map & 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.

Bogenhausen is a district and a borough at the same time. The district Bogenhausen can be subdivided into:

• Bogenhausen
• Oberfoehring
• Daglfing
• Denning
• Englschalking
• Johanneskirchen
• Zamdorf
• Steinhausen

Here map and location of Bogenhausen:

Sights of Bogenhausen: From the banks of the Isar River to Villa Struck

Bogenhausen is not only one of the most popular districts in Munich, it is also one of the places with the highest quality of life. No wonder: While the most expensive streets in Munich with their breathtaking architecture invite you to take a leisurely stroll, the local coffee houses and typical Bavarian restaurants delight with their local delicacies. Several monuments and sights can also be found in Bogenhausen. And if you need a change of scenery, you can quickly get to other parts of the city by car or public transport.

Here are the most famous sights in Bogenhausen:

• Angel of Peace
• Villa Struck
• Monacensia in the Hildebrand House
• Bogenhausen Cemetery
• River bank of the Isar

Especially the sunsets at the riverside belong to the most beautiful sunsets in Germany:

Celebrity neighbours: Jerome Boateng, Boris Becker, Manuel Neuer & Co.

If you live in Bogenhausen, you can count on celebrity neighbours. Whether it’s film, television, music or sport – it’s not just entrepreneurs and investors who have discovered this district of Munich for themselves, but also some of the most famous faces in Germany. For example, professional athletes Jerome Boateng and Boris Becker are among Bogenhausen’s best-known residents. Goalkeeper Manuel Neuer is also rumored to be moving here soon. The history of the villa district shows: Many a celebrity has also been drawn here in recent decades. Author Eric Kästner, actor Walter Sedlmayr and director Rainer Werner Fassbinder have not only lived here in the meantime, but are now buried here in Munich’s most famous celebrity cemetery.

Here are the famous residents of Bogenhausen:

• Jerome Boateng
• Boris Becker
• Manuel Neuer
• Eric Kästner
• Walter Sedlmayr
• Rainer Werner Fassbinder

Sightseeing: A tour through Bogenhausen

Living in the middle of the city in a stately villa with an adjacent park and its own beach? That’s also possible in Munich. And you don’t even have to be of blue blood to do it, although it helps immensely if you belong to the moneyed aristocracy. The highest density of villas in the city is to be found in the Bogenhausen district. This is the district north of Prinzregentenstrasse, which for decades has been the favorite neighborhood of celebrities – along with Grünwald – and has correspondingly high real estate prices. This is where society meets at the “Käfer” delicatessen counter or at the noble restaurant Aquarello in Mühlbauer Straße, goes out to the Prinzregenten Theater in the evening or visits one of the city’s celebrities during a walk through the old cemetery of St. Georg: Fassbinder, Eichinger, Sedlmayr and Helmut Fischer are buried here.

Alt-Bogenhausen: Historic apartment buildings & baroque architecture

Alt-Bogenhausen not only inspires with its many monuments, churches and historical sights. The most beautiful old buildings and monuments of the city are also at home here. For example, the magnificent old mansions in the classicist and baroque style of past centuries can be found along Maria-Theresia-Straße and Ismaninger Straße. They are among the most sought-after properties in the city.

The top locations in Alt-Bogenhausen: Maria-Theresia-Straße & Ismaninger Straße

See more on Streetview:

Mauerkircherstraße: Exclusive villas experience price increase

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 tranquility of the district. As a result, there has hardly been such a high price increase for real estate in any other street. You can expect prices per square metre of up to €13,700.

Apartment & house: 13,700 euros per square meter

Take a look at the most beautiful villas in Bogenhausen:

Real estate & prices per square metre in Bogenhausen

The Bogenhausen villa district has not only grown in size in recent years, but has also always enjoyed a large influx. The high demand is also reflected in the prices per square metre. How much does a newly built apartment in the east of the district cost? And how much rent can you ask for when you finally want to buy an apartment building, right on the banks of the Isar? You can find out this and more here.

Buy property: Altbogenhausen, Daglfing. Johanneskirchen & Co.

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! For example, you now pay 12,300 euros per square metre for new apartments in Altbogenhausen, and almost 13,000 euros per square metre in the vicinity of Herzogpark. By way of comparison: five years ago, the price per square metre here was only 6,700 euros! Whereas apartments in older buildings used to be worth just under €4,000 per square metre, today you can hardly get an apartment for this price, even on the outskirts of the district, as prices per square metre have also jumped rapidly in the east.

Square meter prices almost double after 5 years!

Here everything at a glance:

• Altbogenhausen (new building): 13,000 euros per square metre
• Daglfing (existing): 6,000 euros per square metre
• Johanneskirchen (existing): 5,350 euros per square metre
• Daglfing & Johanneskirchen (new construction): 6,100 to 8,400 euros per square metre

The properties near the river are therefore among the most popular properties in the whole of Munich:

Rent apartment, house & land: Old building & new building

Rents have also risen in the meantime. Especially at Herzogpark, i.e. on the banks of the Isar, you can expect prices of up to €19 per square metre. That is still 5 euros higher than in the east of Bogenhausen. Whereas the western part of the district is attractive because of its proximity to the Isar, the eastern part is impressive because of its modern, newly built apartments, the good connections to the train station and airport, as well as the proximity to schools, theatres, shopping centres and hospitals.

In the west almost 5 euros higher than in the east

Here are the most important figures at a glance:

• New construction in the west: 18-19 euros per square metre
• Old building in the west: 11-12 euros per square metre
• New & old buildings in the east: 14 euros per square metre

Conclusion: Living in Bogenhausen

You would like to live in Munich? Here Bogenhausen delights with its prime location, the many historic mansions of years gone by and its proximity to the lakeside of the Isar. A high quality of life, first-class real estate and the elegant ambience of the district are what make Bogenhausen so charming. The exclusivity of the district is also reflected in the prices per square metre. Although these have risen rapidly in recent years, as an investor and landlord this means that you can look forward to a high return here. If you would like to buy a property in Bogenhausen, we recommend that you contact a competent estate agent. He will not only advise you on the subject of taxes and finances, but will also accompany you through the entire purchase process. 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

Living in the Königsallee: Attractive place to live in Düsseldorf

Noble boutiques, well-kept parks, gastronomic variety and first-class cafés – this is what one of Germany’s most exclusive luxury streets is known for. Berlin has the Kurfürstendamm, Düsseldorf has the Königsallee. Locally situated in the centre of the fashion and media metropolis, Königsallee is characterised by its high quality of life and safety. Düsseldorf’s renowned universities, the most famous hotspots and the city’s business centre are also not far away from here. This is appreciated by investors and entrepreneurs as well as families and single people. .

Welcome to the city centre

The famous Königsallee is located in the city centre of the media metropolis Düsseldorf, and is bordered to the east by the two popular residential areas Altstadt and Carlstadt. The city districts of Oberkassel and Golzheim are also not far away by car. With a population of just under 15,000, the city centre is considered one of the most densely populated parts of the city. This economic centre of Düsseldorf is not only home to the luxury shopping street Königsallee, but also to a large number of offices and international companies.

Here is the map at a glance:

The Kö: Map & Location

The “Kö” as it is also affectionately called by Düsseldorfers, begins at the Hofgarten in the north of the district and ends south-west at Graf-Adolf-Platz. Here you will find a variety of exclusive boutiques, delicious restaurants and historic coffee houses. The Kö-Graben and the local trees also contribute to the unique flair of the street.

Noble boutiques, gastronomic variety & prominent neighbours

The Kö stands for pure luxury. Sparkling diamonds, eccentric haute couture and exclusive prêt-à-porter of the luxury jewellery and fashion world can be found here. Five-star restaurants and gastronomies awarded with the Michelin Guide are also at home here. So it is not only tourists from all over the world who are drawn here, but also international celebrities who drop by at each of the many exclusive events on the Kö.

Sightseeing: Tour of the Königsallee

Fancy a little sightseeing? The Königsallee in Düsseldorf is very easy to reach by public transport due to the many underground stations and bus stops. Once arrived, you can stroll quite relaxed on foot over the Königsallee. Join us here on a tour of Düsseldorf’s most expensive street!

North of Königsallee: Stadtgraben, Tritonenbrunnen & Co.

Between the two boulevards of the Königsallee is the Düsseldorfer Stadtgraben, which is also called the Kö-Graben by the residents. Start in the north of the Königsallee you can not only admire the local Indian collared parakeets, which are at home in the plane trees at the Stadtgraben, but also a variety of sights, such as the Tritonenbrunnen.

In addition to the “Schlanke Else”, the Tritonenbrunnen is also considered a landmark of the Kö. Always in the background: the city’s most exclusive boutiques.

Louis Vuitton, Versace, Gucci & many more: Exclusive boutiques for him and her

As one of the most famous luxury streets in the world, Königsallee is home to many luxury brands in the fashion industry. Paris, Milan, Shanghai or New York City – the biggest designers from all continents are represented here. Local boutiques include Gucci, Versace, Louis Vuitton, Hermés, MaxMara and many more!

See for yourself here in Streetview:

Real estate & prices per square metre in Königsallee

The real estate market in Düsseldorf is booming. Not only the demand is high, but also the supply. This is also reflected in the property prices in Düsseldorf. Especially apartments enjoy great popularity. Whether you are an investor, a student or a family – if you live in Königsallee you are always just a few steps away from the colourful big city life. And this is also reflected in the prices.

Learn more here! Düsseldorf: Most expensive streets

Prices per square metre for apartment, house & land: buy and rent

You would like to invest in a property as a capital investment? Then you can buy a property or an apartment building to rent it out lucratively. Or do you prefer to live in rented accommodation? Whether renting or buying – there is room for everyone in the Kö! Currently, houses are selling for an average of 4,350 euros per square metre. Depending on the type of apartment, you can expect to pay around 3,900 euros per square metre for a condominium.

Summarized here:

• Buy a house: 4.350 €/m²
• Buy apartment: 3.900 €/m²

The trend also shows that new-build apartments are currently far more expensive than older buildings. The record for the most expensive apartment sold in Düsseldorf is 18,000 euros per square metre!

Record price for the most expensive apartment in Düsseldorf: 18,000 €/m²

Spacious apartments in particular enjoy great popularity in Königsallee:

Rent for 23,000 euros a month: Exclusive apartments in Königsallee

Old building apartment with high ceilings and polished package, spacious loft with a view of the Düsseldorf skyline or upscale maisonette with marble – the apartments near the Kö are among the most luxurious properties in the whole city. Especially apartments are popular here. After all, the city center is densely populated and so between the wild nightlife, cozy coffee houses and posh boutiques not enough space for large houses.

Especially apartments are in demand in the Königsallee!

While restaurants, cafés and shops are located on the lower floors of the elegant houses, the upper floors are used for offices and medical practices. So most of the apartments are located in the side streets of the Kö, just a few metres away from the hustle and bustle. But if you look closely, you can also find a few hidden exclusive penthouses here and there. In order to protect the privacy of the residents here, many property sales here take place off market. No wonder: After all, rent of up to 23,000 euros per month is paid here in some cases.

Conclusion: Living in the Kö

The Königsallee is centrally located. It is considered to be one of the most exclusive shopping streets in Europe and inspires with its multitude of luxurious fashion shops, historic coffee houses and exclusive restaurants. The popularity and uniqueness of the boulevard is also reflected in the purchase and rental prices. Properties in the Kö regularly achieve top prices of up to 18,000 euros per square metre! If you would like to live in the Königsallee, we recommend that you seek the advice of a competent real estate agent. A real estate agent will not only guide you through the entire buying process, but will also advise you on the topics of financing, taxes & Co.

Düsseldorf: Real estate in the metropolis on the Rhine

Düsseldorf has a fascinating attraction. Although the Rhine metropolis Cologne is only a few minutes away, you can find the big luxury boutiques, international companies, advertising agencies and many other interesting industries here. The fashion industry in particular has made Düsseldorf a very international, stylish location. If you are looking for beautiful real estate here, maybe even luxury real estate, you will find it.

Real estate in Düsseldorf

Düsseldorf stands for luxury, shopping and an internationally positioned local economy. High-fashion companies have their headquarters here, but also the state government of NRW. The Düsseldorf real estate market is therefore highly sought after. The city is located in the heart of the state of North Rhine-Westphalia. The state capital is divided into several districts and is very popular with property buyers due to its charming location on the Rhine.

• Real estate Düsseldorf

Living in Düsseldorf: Popular districts & residential areas

With just under 640,000, Düsseldorf is one of the largest cities in the Rhineland and home to Germany’s third largest airport, after Munich and Frankfurt. With its authentic charm, the city attracts businesses from all over the world. This international audience not only demands places to go out and work, but is also always on the lookout for the right apartments. Whether it’s the Old Town, Oberkassel or Golzheim – everything about the city’s most popular residential areas and the most expensive streets in Düsseldorf, including tips on location, property prices in Düsseldorf & Co. To the overview: Living in Düsseldorf.

• Old Town
• Oberkassel
• Golzheim

House, apartment and land for sale in Düsseldorf

A wide range of shopping facilities, a large selection of restaurants and the modern infrastructure make Düsseldorf a sought-after city for property buyers in the long term. Would you like to sell your apartment, your property or your apartment building here? Whether historic Old Town, luxurious Pempelfort, exclusive Carlstadt, magnificent Oberkassel or sought-after Golzheim – with our guides to the sales process, property valuation and the most important documents, you are very well prepared for your property sale. To the overview: Selling real estate in Düsseldorf.

• Carlstadt
• Golzheim
• Pempelfort
• Oberkassel

Living on Kurfürstendamm: An attractive place to live in Berlin

Kurfürstendamm is considered one of the most historic streets in Germany. Everyone feels at home here – from curious tourists to families with children to Germany’s most famous faces from film, television, musk and sport. The Kurfürstendamm not only inspires with its prime location, but also with the multitude of top-class boutiques and the excellent gastronomy. The popularity of this residential location can also be seen in the rising prices per square metre. More about how the most expensive apartment in Berlin was sold here at over 8 million euros later.

Welcome to the heart of Charlottenburg

Berlin’s legendary Kurfürstendamm is located in the middle of the trendy district of Charlottenburg-Wilmersdorf. It is not only home to Berlin’s most exclusive shops and famous restaurants, but also to the sought-after residential areas of Halensee, Grunewald, Charlottenburg, Wilmersdorf and Schmargendorf. It is not only the excellent infrastructure that makes Charlottenburg one of the most attractive places to live in the city, but also the large number of opera houses, theatres, sights and cultural institutions. The well-kept green spaces and parks also contribute to the flair of the residential area. The popular districts of Schöneberg, Pankow and Prenzlauer Berg are also not far away by car.

Here is the location of Charlottenburg:

Kudamm: Map & Location

One of Berlin’s most famous streets, Kurfürstendamm (or Kudamm, as it is often affectionately known) connects the two districts of Charlottenburg and Grunewald. The variety of shops, cafés, restaurants and attractions delight residents and tourists alike, while the local zoo invites you to spend a relaxing afternoon away from the hustle and bustle of the city.

Infrastructure: Bus, train & Co.

The German capital Berlin has one of the best infrastructures in Germany. In addition to the local Berlin airport, there are also a variety of subway stations, buses and taxis. Thus, the Kurfürstendamm and the nearby surroundings are easily accessible by public transport.

Sightseeing: Tour of the Kurfürstendamm

Fancy a little sightseeing? Due to the good infrastructure of Berlin, the Kurfürstendamm is not only easy to reach by car, but also by public transport, such as bus and train. You can also take a taxi to get from A to B in a relaxed manner, and you are already well prepared for a day at the Kudamm on foot. All the important shops, stores, restaurants and offices can be reached on foot in less than an hour. In comparison, it only takes 8 minutes by car.

Café Kranzler at the underground station Kurfürstendamm

Before you set off on a stroll through the shopping street, it’s worth stopping by one of the many famous coffee houses. How fitting that the famous Café Kranzler is located right at the Kurfürstendamm subway station and at the beginning of the historic street! This coffee house is particularly popular with tourists, residents and German celebrities from film and television. The biggest sights of the street are also not far away here!

Hermés, Chanel, Louis Vuitton & Co: Exclusive boutiques for him and her

After some time you will notice: The international fashion world is also at home on Kurfürstendamm! From Valentino’s haute couture to Gucci’s prêt-à-porter, the biggest brands in Europe, America and Asia are represented here.

See more here in Streetview:

Real estate & prices per square metre on Kurfürstendamm

More and more people are drawn to the vicinity of the Kudamm. This is also reflected in the purchase prices and so there is no end in sight to the steady rise in prices in the near future. While apartments directly on Kurfürstendamm with a view of the Berlin skyline are the most sought-after, it is mainly families and couples who are drawn to the houses and villas slightly off the street.

Exclusive real estate designed by Christoph Mäckler, Helmut Jahn & Co.

If you choose a property on Kurfürstendamm, you can look forward not only to a fabulous view, but also to architectural masterpieces in a class of their own! At Kurfürstendamm old meets new and so you can find not only modern new buildings, but also breathtaking mansions of past years. Among the most popular buildings are the Kranzler-Eck on the corner of Joachimsthaler Straße, designed by the famous German architect Helmut Jahn at the turn of the century, as well as the Zoofenster – a high-rise building and hotel designed by Christoph Mäckler, which opened in 2012. Haus Cumberland is also nearby – a listed building that now serves as a commercial and residential building.

Modern and historical architecture meet at Kurfürstendamm!

See here the Kranzler-Eck designed by Helmut Jahn:

Prices per square metre for apartment, house & land: buy and rent

Since Charlottenburg is more densely populated compared to Berlin’s villa districts, such as Weißensee, it is mainly apartments for sale and rent that can be found here. From spacious lofts to exclusive apartments in old buildings – all types of houses and apartments are very popular on Kurfürstendamm. Prices per square metre for apartments here are just under 4,900 euros per square metre. The square metre prices for city villas & co. are somewhat expensive at 5,400 euros per square metre, but also offer far more space and privacy.

Reading tip: Prices per square metre in Berlin: buying & renting real estate

You are not yet sure whether you want to buy a property and prefer to rent an apartment or a house first? You can currently expect prices per square metre of between €9 and €24.

Here are all the figures at a glance:

• Buy a house: 5.400 €/m²
• Buy apartment: 4.900 €/m²
• Rent property: 8-24 €/m²

Spacious apartments in particular enjoy great popularity on Kurfürstendamm:

Apartment sold for 8.5 million euros: Luxury real estate on Kurfürstendamm

The real estate landscape of the Kudamm regularly breaks records. Did you know that the most expensive new apartment in the city was sold here? For a whole 18,200 euros per square metre, one of Charlottenburg’s most exclusive properties thus changed hands. This example shows:

The Berlin real estate market is booming!

And rightly so. After all, Kurfürstendamm is not only centrally located and offers plenty of variety. The Berlin shopping street is also considered one of the safest areas of the city, attracting more and more entrepreneurs, investors, families and singles.

Conclusion: Living & Housing on the Kudamm

So you are drawn to the capital of Germany? You want to live in Berlin and preferably centrally? Located in the popular districts of Charlottenburg and Grunewald, Kurfürstendamm has a lot to offer. It is considered a safe place to live with very good connections to schools, hospitals and cultural institutions. The variety of coffee houses, restaurants and boutiques allow for a varied everyday life and the very good location allows to participate in the colorful city life, while the many green spaces invite you to relax. Admittedly: The prices per square metre here are a little higher than in other parts of the city, but the many advantages of living on Kurfürstendamm are all worth it!

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Berlin real estate market: Overview

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

• Real Estate Berlin

Living in Berlin: Popular residential areas

We present the most beautiful districts of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.

• Grunewald
• Charlottenburg
• Zoo
• Dahlem
• Schmargendorf
• Prenzlauer Berg
• Kreuzberg
• Kurfürstendamm

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

• Pankow
• Charlottenburg
• Wilmersdorf
• Friedrichshain-Kreuzberg
• Prenzlauer Berg
• Kreuzberg
• Wannsee
• Steglitz
• Schöneberg

Turkey: Economy and State

Investor infrastructure, political development, inflation & co. A comprehensive look at Turkey as an investment destination.

In summary: Istanbul in numbers

• Total number of home sales in Turkey between 2013 and 2018: 8 million.
• Total housing stock in Turkey in 2018: 34.2 million.
• Total number of house sales to foreigners in Turkey between 2013 and 2018: 134,000
• Class A office supply in Istanbul in 2019: 5.7 million square meters
• Active gross leasable area in shopping malls across Turkey in 2019: 14.5 million square meters
• Total logistics real estate stock in Istanbul in 2019: 4 million square meters

Source: Investment Office of the Presidency of the Republic of Turkey

Infrastructure: airports, railways, bridges

If you invest in Istanbul, you’ll be in the city in no time. Turkey has been investing large sums in the development of its infrastructure for a long time. In the years around 1990 to 2000, many new airports were built in the country. In 2010, there were 99 active airports in Turkey.

Investments in the road and aviation sectors will continue in the coming decades, as can be seen above from the large investments. According to the Ministry of Transport, it appears that the Erdoğan government will rebalance its policies in the infrastructure sector and build at least 10,000 kilometers of high-speed rail lines.

Chinese companies in particular are helping to finance the projects. Double-track railways between Ankara and Istanbul and between Ankara and Konya are currently under construction.

Of great importance in the infrastructure sector, Istanbul has become an “infinite city” where not even the construction of a third bridge connecting Europe and Asia will solve the complex traffic problem.

The infrastructure is certainly needed, after all, the Turkish state is growing continuously.

Population: Forecast 2024

Stability also often lies in the reproduction of the population. This is where the intergenerational contract kicks in. Here you can see the total Turkish population from 1980 to 2018 and forecasts until 2024 (in millions of inhabitants).

You can find more statistics at Statista

Political development: party and leadership

Turkey is a constitutionally secular republic. Actually. President Recep Tayyip Erdogan’s Justice and Development Party (AKP) has pushed an Islamist agenda and eroded democracy piece by piece.

Erdogan further consolidated his power after the 2018 elections, allowing an AKP coalition with the Nationalist Action Party to retain control of the unicameral National Assembly. While Erdogan won a narrow victory for a second four-year term as president.

25 percent still work in agriculture

Turkey’s largely market-based and diversified economy is driven by its industrial and service sectors, but traditional agriculture still accounts for about 25 percent of employment.

Although the economy has proven resilient in the past, political instability has blocked necessary reforms, and a currency crisis and recession in 2018 have put the country under severe pressure. The resilience of the Turkish economy is due to sound public finances, well-capitalized banks, and a dynamic and diversified private sector.

Until 2018, economic growth was pretty much always stable. Until a currency and debt crisis plunged the economy into recession.

Inflation rate: Forecast 2021

Inflation rate from 1980 to 2019 and forecasts to 2021 (year-on-year).

Reforms: Labour market and justice

The economy thus requires reforms to make the labor market more competitive. More urgently, the government will need to strengthen the effectiveness of the judiciary and the fight against corruption, both of which were damaged after the crackdown following the 2016 coup attempt. The event also caused major waves in Germany.

The most famous case is probably the arrest and imprisonment of journalist Deniz Yücel. But the Jan Böhmermann case also made headlines, due to “lese majeste”, a remnant in the German legal code that has since been abolished by the case.

Unemployment rate

Unemployment rate from 1980 to 2018 and forecasts to 2021:

Rating: Fragile States Index (FSI)

Assessment according to the Fragile States Index (FSI) from 2010 to 2020.

You can find more statistics at Statista

International market position & growth

Turkey’s largely free market economy is driven by industry and increasingly by the service sector, although the traditional agricultural sector still accounts for about 25% of employment, as described earlier.

Out of 137 countries covered in the 2017-2018 Global Competitiveness Index, Turkey ranked 53rd, down two places from 2016-2017 but still higher than the historic low of 43rd in 2012.

The depreciation of the lira in 2017 helped Turkish exports, and the government stimulated domestic demand by strengthening monetary and fiscal policy.

The government is playing a more active role in some strategic sectors and has used economic institutions and regulators to target political opponents, undermining private sector confidence in the judicial system.

Credit rating: reduction by rating agencies

Between July 2016 and March 2017, three rating agencies downgraded Turkey’s sovereign credit rating, citing concerns about the rule of law and the pace of economic reforms.

Economic impact of the crisis

German-Turkish trade relations

GDP (Gross Domestic Product): Current

What do the latest figures from the Turkish Statistical Office tell us?

The growth rate deteriorated in 2018, but the 2019 figures also give pause for thought. Data released in March 2019 from the statistics office show the effects are carrying over. After a sharp contraction in the previous quarter, which was 3%, as value added fell by 8.7% in the construction sector, 6.4% in industry, 0.5% in agriculture and 0.3% in services.

Gross Domestic Product (GDP) fell from $851.5 billion in 2017 to $784.1 billion in 2018. In the fourth quarter of 2018, GDP was $184.9 billion, which is the lowest amount since the first quarter of 2017, when it reached $175.9 billion, while GDP per capita at current value in 2018 was about $960,000 dollars.

GDP forecast 2024

Gross domestic product (GDP) in current prices from 1980 to 2018 and projections to 2024 (in billions of US dollars).

Here you can see real gross domestic product (GDP) growth from 1980 to 2019 and forecasts to 2021 (year-over-year).

GDP per capita: real growth for inhabitants

GDP is a top indicator of the overall economy, but what do individual residents get out of it? Is GDP per capita rising or falling? Here you can see the gross domestic product (GDP) per capita in current prices from 1980 to 2018 and forecasts to 2024 (in US dollars).

Factor: Tourism

Agriculture, industry, services, all important sectors of Turkey. Looking at the country as a whole, one sector in particular stands out, tourism. Already a large part of Turkey’s GDP. But by 2028, Turkey should be able to increasingly detach itself from tourism, as seen here. This is the evolution of the direct and total contribution of the Turkish tourism sector to GDP from 2012 to 2028 (in billions of euros).

• 2012: 35,54 %
• 2018: 32,78 %
• 2028: 33,14 %

Investing in real estate: Prices

While you can buy only 16 m² for 1 million in Monaco, 25 m² in New York and 28 m² in London, as an investor you get 98 m² for the same price in Istanbul. In comparison, you would currently get 77 m² in Berlin. Let’s start with the most important fact: What do I get for my money?

Square meter price

Here you can see the current prices per square meter worldwide. The big question is how much living space do you get, exemplified by $1,000,000. Similar to the “Big Mac Index”, this calculation is good to compare the different cities.

For $1 million, you get:

• Monaco – 16 m²
• New York – 25 m²
• London – 28 m²
• Berlin – 77 m²
• Istanbul – 98 m²

Turkey on top in financial support

70% of property owners in Turkey have received help with property financing. Here you can see the percentage of property owners who received financial assistance in selected countries around the world in 2012.

You can find more statistics at Statista

Price levels in comparison: living in the city

How cheap or expensive is living in Istanbul? Compared to the other metropolises, you can quickly see that life in Istanbul is relatively cheap at only 66.3 points. In Germany, the price level is currently 73.8 (Munich) and 72.6 (Frankfurt). Price level in the world’s most important metropolises (in points):

• Oslo 103.0
• Zurich – 100.0
• Tokyo – 83.4
• New York – 74.1
• London – 73.9
• Istanbul – 66.3

New investments! View real estate now

İyi günler – Here are our new objects that you can invest in now:

Istanbul, 41250: Villa in Kartepe

1,810 SqFt Cardpe

• Property: Istanbul, 41250: Villa in Kartepe

Istanbul, 34530: Penthouse Loft in Kumburgaz

2,970 SqFt Kumburgaz – $570,000

• Property: Istanbul, 34530: Penthouse Loft in Kumburgaz