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Real Estate in Munich
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€ 349 900
-
Property type: Apartments -
Rooms: 1 bedroom
2022
34 м 2
April 2024
63,000 - 555,000 €
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April 2024
63,000 - 555,000 €
Munich is the economic center of the country, where such giants as BMW, MAN, Siemens have settled. It has the lowest unemployment rate and the highest wages. The number of people wishing to live and work in the capital of Bavaria is growing every year. The flow of those who dream of buying an apartment in Munich and making money on local real estate is not decreasing either. An apartment in Munich is considered an ideal option for long-term investment. Rental income is not very large, about 5% of the property value per year. Just because you will spend a tidy sum on buying a home. But the probability that the apartment will become cheaper zeros.
Munich is the most expensive city in Germany! Apartments here cost twice as much as in Berlin. The average cost per square meter is €7-8 thousand. As a result, 60-meter apartments will cost €350-450 thousand. And this is not yet in the most prestigious areas of the city. If you want to buy an apartment of 120 sq.m., get ready to spend €8100/sq.m., the same apartment in Berlin will cost €4200/sq.m. and in Frankfurt €5300/sq.m.
