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):

Living on the beach: Weststrand, Knyphausenstraße, Kaiserstraße

Norderney is one of the East Frisian islands in the North Sea. Only seven of the 12 islands are inhabited. With its almost 7,000 inhabitants, Norderney is the most densely populated island of all and delights with its unspoilt nature, picturesque beaches and multitude of sights and monuments.

List: The most expensive places & streets

Before we take a closer look at the individual streets on Norderney, you will now get an overview of the most expensive streets on the island. The purchase price per square metre is between €10,000 and €12,000.

• On the west beach
• Kaiserstrasse
• Knyphausenstraße

On the west beach

The street Am Weststrand in Norderney convinces with its proximity to the beach. Several bars, restaurants, playgrounds and green spaces are also located here. Whether it’s an exclusive holiday apartment with a view of the sea or a permanent residence away from the mainland – everyone feels at home here. So if you want to buy a plot of land on Am Weststrand, you have to reckon with 11,200 euros per square metre.

The price per square meter here is 11.200€ /sqm

Maximum price up to 11.200€/ sqm

Here you will find top adresses like:

• North Sea
• Beach promenade with bars

Map and location of the street Am Weststrand

See for yourself and explore the street Am Weststrand in a virtual way.

Streetview On West Beach:

Kaiserstraße: Living on the beach

Who wouldn’t want to live right on the beach? On Kaiserstrasse, this is possible with the right budget. for around 10,000 euros per square metre, you can buy an apartment, flat or house. The unbeatable location on the island is complemented by numerous restaurants and leisure facilities.

The price per square meter here is 10.100€ /sqm

Maximum price up to 10.100€/ sqm

Here you will find top adresses like:

• Direct location at the North Sea
• Beach promenade with bars
• Golf Club
• Hotels
• Numerous restaurants

Map and location of Kaiserstraße:

See for yourself and explore the Kaiserstraße in a virtual way.

Streetview Kaiserstrasse:

Knyphausenstraße: Central living

Norderney can not only beach! If you prefer to live centrally in the city and don’t miss the view of the sea, you will find Knyphausenstraße among the top 3 most expensive streets in Norderney. In addition to numerous holiday apartments, you can also find a property for sale here from time to time. But watch out: The real estate market of the island, is similar to Sylt overrun and very popular.

The price per square meter here is 10.000€ /sqm

Maximum price up to 10.000€/ sqm

Here you will find top adresses like:

• Restaurants
• Many holiday homes
• Small shopping mile

Map and location of Knyphausenstraße:

See for yourself and explore the Knyphausenstraße in a virtual way.

Streetview Knyphausen Street:

Overview: Most expensive residential streets in Norderney

Sources: Image / Engel und Völkers / Lukinski

Most expensive streets in Germany: real estate, districts & prices per square metre

Berlin, Munich, Sylt & Co: Germany’s metropolises are home to some of the most luxurious properties. Inselstraße in Berlin, Königinstraße in Munich and Südliche Seestraße on Lake Starnberg – only those who can afford it live here! Would you like to buy a property here? Find out everything about Germany’s most exclusive streets, what makes them so special and above all: how much a square metre costs here.

• Most expensive streets in Germany: properties, districts and prices per square metre – List

Tips & Tricks Real Estate Norderney: To live or to buy

Finding a suitable property is not always easy. Especially if you are looking on the thriving and most popular real estate markets in Germany. Besides the right budget, there are other factors that need to be considered. On Norderney or Sylt, for example, there are many villas and large properties, while in the big cities of Germany the housing market is booming.

Buying a Villa: Exclusive property – house, investment, checklist, procedure

You will not find exposés of first-class properties on real estate portals. Villas are bought and sold discreetly. The purchase of real estate has a fixed procedure: Property search, viewing, negotiations, purchase contract, notary, taxes & Co. The purchase of villas is of course a bit more demanding. If only because you certainly don’t want to waste time on 8, 9 or even 10 viewings, like normal house buyers. Are you looking to buy your first villa? Here’s a little insight into the world of luxury real estate.

• Buying a Villa: Exclusive property – house, investment, checklist, procedure

Holiday home & holiday apartment: Buy instead of rent!

The dream of a holiday home exists for many city dwellers. Whether a house by the sea on Sylt or Norderney, in the warm south or simply a retreat in the country. However, there is a lot to consider when making such a big decision and you should plan well before you decide to take that big step. In this post, you’ll find out all about taxes, costs, second homes and property abroad. However, if you’re more interested in the pros and cons and features of such a property, feel free to check out our post on buying a holiday home.

• Holiday home & holiday apartment: Buy instead of rent! Financing, taxes and renting

Selling old real estate: What to look out for?

Berlin, Hamburg, Munich, Cologne, Düsseldorf, Frankfurt and throughout Germany, this guide is specially designed for newcomers and the first sale. First of all, the initial situation is an important point of reference for the next steps. In principle, there are only two important questions:

• Who wants to buy my old house?
• How much is my old house still worth?

Your house sale, your multi-family house sale is basically like any house sale, only the valuation of the house, the valuation of the multi-family house is a little more demanding, depending on the year of construction and defects.

Let’s start with the “most important” question:

What is my old house worth?

Even if many first-time sellers often think so at first:

Who would be interested in my old house?

Even if your old house or apartment building is in absolute need of renovation and is in a C-location:

Offer price makes buyers

Firstly:

Buyers can always be found for the right price

Secondly, remember this:

Where there’s a house, there’s a plot of land!

Living space is scarce and land always has its value. Old detached houses, semi-detached houses or terraced houses and especially apartment buildings offer potential.

Want to learn more about sales?

Here I have all the steps for you in one guide:

• House sale
• Sale of apartment building

Let’s move on to the valuation of your old house:

Assessment: Dilapidated, in need of renovation, what to look out for?

How is a house valued? Anyone selling their very first home will have many questions about the procedure, the process and also the valuation of the old property. After all, the valuation is the basis for the offer price and purchase price and, ultimately, your profit from the sale of the property.

What type of house are you selling?

We are about to provide you with even more detailed advice on real estate valuation for houses, apartment buildings and villas, depending on the type of house you want to sell. The parameters change depending on the type of house, from terraced houses and detached villas to country houses and apartment buildings.

Depending on the size of the property, the condition of the property, the higher the letting capacity (versus vacancy), the location and the size of the plot, the offer price will be realistic and attract prospective buyers for your property.

Evaluation criteria: Location, size, condition

Here is an overview of the five most important evaluation criteria:

1. Type of house / type of use (owner-occupied, rented, multi-party houses)
2. Size of the property
3. Size of the property
4. Situation and development
5. Condition of the object
6. Current letting

Of course, you do not prepare this valuation yourself, it is prepared by professionals like us, by experts or surveyors. This provides an objective valuation(market value) as the basis for the entire calculation, from which the offer price can be calculated. When calculating the asking price, prospective developments are also factored in.

Want to learn more about valuation?

Learn more basics about house valuation, valuation of apartment buildings and, of course, the valuation of land.

• Rate house
• Valuate apartment building
• Valuation methods
• Typical defects by year of construction

Even away from the big city, living space is rare and you will find a buyer.

Selling an old apartment building: Get in touch!

Stephan M. Czaja (Lukinski)

If the floor space is large enough and the apartment building has enough condominiums, old houses, apartment buildings and their plots can have great potential with real estate investors, both domestic and foreign.

With renovation backlog, vacancy, dilapidated, please contact me without obligation:

• Contact us

Apartment building / apartment building for sale off market

In order to reach such investors (family offices, companies, investment and real estate funds, other institutions), you need to sell your property with experts in the off-market sector. What does that mean? This is where real estate is marketed exclusively by a real estate agency.

1:1, so to speak, the real estate agency only contacts selected contacts based on the previously known profile. Your property will then not appear on real estate portals, but will be presented very specifically to individual investors with a suitable purchase profile. Large investors want direct and exclusive access, other properties are not of interest to them because they cost time.

The big advantage:

The entire sale is discreet, anonymous and you don’t waste time with interested parties who have no money or just want to have a look.

Advantages of off-market sales:

• Targeted approach of investors and institutions
• Exclusive access for selected contacts with a matching profile
• No presence on public real estate portals
• Faster sale and potentially higher sales price

Capital and purchasing power: e.g. for modernization

These investor groups also have the necessary capital to develop the old property. They have 2 options.

Example: Development from rental to ownership

A very simple example: You have an old apartment building with 15, 20, 30 or 40 tenants. Now you have two options:

Option 1: Regional buyers

Regional investors generally have less capital than investors who operate nationally or internationally. Accordingly, the majority of properties will continue to be operated as they are.

This means that there is less potential in the old property and the purchase price falls.

Option 2: Supra-regional investors

Larger investors, on the other hand, take capital into their own hands and develop the property, for example by turning rental apartments into condominiums.

As a seller, you will also receive higher offers.

That’s why you don’t waste your time on real estate portals, having to answer 100 emails, constantly running credit checks. And how do you check the buyer’s equity or financing?

If you sell your old property off-market, it is not uncommon for the first person you contact to become the buyer of the property. The purchase contract and notary appointment are completed four weeks later.

Advantage: Proof of financing is available, as are the investors’ purchase profiles = fast sales process

Properties in the renovation backlog:

Old castle, palace or estate?

Even more special than houses and apartment buildings are properties such as old castles and palaces that have seen their best days.

However, there is also a good chance that real estate investors or investment funds will be interested in your property. Depending on the status of the listed building, “simple” options (conversion into condominiums) or more complex options for conversion or rededication can be implemented.

That’s why we can’t offer you a standardized guideline here, similar to old houses and apartment buildings. It always depends on the individual location, the development possibilities, for example due to the listed building status, but the history also counts for such properties.