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On Global Properties you will find 1 of ads for property for sale in Munich from reliable agencies and developers. Check out the full database of offers, or sort properties by your desired parameters to narrow down your search. In each listing, you will find a detailed description, the cost of the property in Munich and the seller's contact details for quick communication. Thanks to the inbuilt converter, you can see the price of the property in dollars and euros.
- Minimum property prices in Munich: €884743.
- Highest property price: €10.9 million.
- Minimum area: 34 m².
- Largest area: 730 m².
The most popular destinations to get investment real estate in Munich are: the neighbourhoods of Nymphenburg Palace, Altstadt, Maxforstadt and Bogenhausen.
In the north-west of the city is the famous Nymphenburg Castle (Nymphenburg), near which particularly prestigious residences can be found. There is also a park for walking and a large number of buildings reminiscent of the history of the region. This destination combines proximity to the centre with a relaxed, almost suburban lifestyle, which is accentuated by low-rise architecture.
Altstadt is a historic centre known for its architectural monuments such as Marienplatz. Housing in this neighbourhood is predominantly luxury apartments and old buildings. This makes it one of the most expensive places in the city.
Maxforstadt is a cultural and educational centre, home to many universities, museums and galleries. A variety of housing options can be found here, from studios for students to spacious multi-room apartments for families and professionals.
Bogenhausen is a prestigious and quiet neighbourhood in the east of the city, known for its green parks and villas. The neighbourhood's housing stock includes both modern apartment buildings and luxurious private residences, making it popular with wealthy families.
Property in Munich
The Bavarian capital is one of the most attractive cities to buy property in Germany. This territory is famous for its culture, high quality of life, and stable economic development. Foreigners can buy a home or properties in Munich for investment. Here are the categories available for investment:
Flats:
- 1-bedroom apartments and studios: ideal for students and young professionals.
- Multi-bedroom flats: suitable for families and those looking for more space.
- Luxury residences: located in prestigious neighbourhoods and offer a high level of comfort and security.
Houses:
- Guest houses: often purchased to rent out.
- Private houses: both modern villas and traditional Bavarian buildings can be found in the city.
Commercial sector:
- Office buildings: in the city centre and business districts.
- Commercial space: includes premises for shops, restaurants, and cafés.
The process of buying houses and apartments in Germany for foreigners is the same as for citizens of the state:
- Searching for an object: Foreigners are free to pick up housing in Germany. It is important to conclude a contract with a reliable agency, where specialists will have an impeccable understanding of the region or city you are interested in.
- Reservation of the lot: After selecting the object, the buyer must sign a contract and pay a deposit.
- Inspection of the property: A due diligence of the premises should be done to ensure that there are no debts and encumbrances.
- Conclusion of the transaction: The transaction is formalised at the notary's office. The parties conclude the main contract of sale. Foreigners must be present in person when signing the documents.
- Purchase costs: Notary and registration fees.
- Purchase tax: In Bavaria, it is 3.5% of the value of the property.
- Obtaining the title to the property: After all procedures, the investor is issued with a property certificate.
The capital of Bavaria is a favourable investment destination, given the stable growth in value and high demand for local housing.
Reasons for investing in property in Munich
The capital of Bavaria is renowned for its stable economy, high quality of life, and diverse business opportunities. In 2024, the local market is showing smooth development and offers a large number of opportunities for buyers. Let's take a look at the main advantages of getting real estate for sale in Munich:
- Political stability: The stable political situation in the country creates favourable conditions for investment.
- High rental demand: There is a high demand for apartments in the city, which provides a stable income for owners.
- Rising property values: Steady growth is seen in the residential and commercial sectors. For example, in Q1 2024, transaction volume in Munich's commercial market reached €1.24 bil, up from €1.18 bil in the whole of 2023.
- Low interest rates: Germany offers a comparatively low mortgage rate, allowing you to choose a more expensive property.
- Ease of purchase for foreigners: There are no purchase restrictions for foreign citizens in Germany, which simplifies the investment process.
- High standards of living: The city and the country as a whole are known for their high standard of living, advanced infrastructure, and decent medical care.
The above factors make the German market attractive to investors from all over the world.
Buying real estate in Munich
Investing abroad is becoming more and more accessible thanks to the development of digital platforms, with which the buyer is able to familiarise himself with the offers without leaving home. Our aggregator site is the leading website for flats and villas in Germany. Explore offers and contact sellers of properties in Munich, Germany, for a quick transaction.