Buy an Apartment in Munich
Are you looking to buy a condominium in Munich? Here you will find current apartments for sale in Munich, from old buildings in Schwabing to new constructions in Trudering-Riem. Browse our offers and find the right property for your needs.
Germany, Grünwald
695.000 EUR
Germany, München
1.990.000 EUR
Germany, München
on request
Germany, München
560.000 EUR
Germany, München
1.395.000 EUR
Germany, München
498.006 EUR
Germany, Oberammergau
on request
Germany, Planegg
329.900 EUR
Germany, München
299.998 EUR
Munich as a Location for Buying an Apartment
Between the Isar River and the Alps, between DAX corporations and beer gardens. Munich combines economic dynamism with a quality of life that is unparalleled in the German-speaking world. The Bavarian state capital has around 1.61 million inhabitants and is steadily growing. According to the latest population forecast by the city administration, the population is expected to rise to approximately 1.83 million by 2045. This corresponds to an increase of 14 percent.
This growth is mainly driven by the good supply of jobs and training positions. With Siemens, BMW, Allianz, and Linde, several DAX corporations have their headquarters in Munich. In addition, there is a strong technology and startup scene as well as renowned universities such as LMU and TU Munich. The demand for housing has exceeded supply for years, which significantly supports price stability in the Munich housing market.
Apart from economic strength, Munich impresses with its cultural density and proximity to nature. The English Garden, the Isar meadows, and the Nymphenburg Palace Park are located right in the city. The Alps are reachable in less than an hour. For families, professionals, and investors, Munich offers an environment that combines quality of life and value retention.
Real Estate Prices for Condominiums in Munich
Munich is one of the most expensive apartment markets in Germany. The average price per square meter for condominiums is currently around 8,000 to 9,200 euros (as of early 2026). The range varies from about 5,000 euros in more affordable peripheral areas to over 12,000 euros in premium districts such as Altstadt-Lehel or Bogenhausen.
After a noticeable price correction in 2022 and 2023 due to the interest rate turnaround, apartment prices have been stabilizing again since 2024. Compared to the previous year, the market shows a largely sideways to slightly positive trend. Further price developments largely depend on the ECB's interest rate decisions. Market observers expect stable to moderately rising prices in 2026, provided interest rates continue to ease.
A differentiated look at the city districts is worthwhile. In sought-after locations such as Schwabing-West, Maxvorstadt, or Au-Haidhausen, prices per square meter often range between 9,000 and 11,000 euros. In growing districts like Aubing-Lochhausen-Langwied or Trudering-Riem, apartments can be found at more moderate prices, with good prospects due to ongoing new construction projects. Those willing to consider the surrounding area will find significantly lower price levels in communities such as Germering, Haar, or Unterhaching, with good S-Bahn connections.
Popular Districts for Buying an Apartment in Munich
Munich is divided into 25 city districts, each with its own character. The following are among the most sought-after addresses for apartment buyers:
Schwabing-West: One of Munich's most desirable districts. Schwabing-West combines urban flair with quiet residential streets, well-stocked shops, and a diverse range of dining options. The proximity to the English Garden and the university makes the district attractive for professionals and young families.
Maxvorstadt: Munich's cultural center with the Old and New Pinakothek, the Kunstareal, and Ludwig Maximilian University. Apartments in Maxvorstadt are especially popular with buyers who value short distances and an urban environment.
Au-Haidhausen: Located east of the Isar, Au-Haidhausen impresses with its established neighborhood structure, charming old buildings, and the market at Wiener Platz. The district offers a good balance of central connectivity and residential tranquility.
Bogenhausen: One of the city's most upscale districts. Bogenhausen stretches from the representative Herzogpark to the spacious residential areas at Arabellapark. The district is suitable for buyers seeking space, peace, and an upscale living environment.
Neuhausen-Nymphenburg: Characterized by the Nymphenburg Palace Park, wide avenues, and an established retail structure. Neuhausen-Nymphenburg offers family-friendly living with good infrastructure and connection to the city center.
Trudering-Riem: One of Munich's fastest-growing districts. Large new construction projects, proximity to the trade fair, and S-Bahn connections make Trudering-Riem particularly interesting for families and price-conscious buyers. A population increase of over 40 percent is expected here by 2045.
Sendling and Sendling-Westpark: Located south of the center, these districts combine a relaxed living environment with good accessibility. Westpark offers spacious green areas, and the surrounding streets provide solid local supply for everyday needs.
What Types of Apartments Are There in Munich?
The Munich housing market covers a wide range. Depending on location and year of construction, the offerings differ significantly:
Old Building Apartments: In neighborhoods like Schwabing, Maxvorstadt, or Haidhausen, there are numerous Gründerzeit and Art Nouveau apartments. High ceilings, stucco elements, and wooden floors make these properties particularly desirable. Many have been extensively renovated in recent years, combining historic charm with contemporary living comfort.
New Building Apartments: Especially in the development areas of Freiham, Trudering-Riem, and the Riem Trade Fair City, modern residential complexes are being built with energy-efficient construction and well-thought-out layouts. New building apartments are often priced above the existing stock level but offer lower ongoing costs in return.
Penthouse and Attic Apartments: In upscale locations like Bogenhausen, Lehel, or at Gärtnerplatz, penthouse apartments are particularly sought after. They offer spacious roof terraces and, in many cases, views over the city to the Alps.
Maisonette and Garden Apartments: These types of apartments are often found in new developments and offer a sense of space similar to a house. Garden apartments with private access are especially popular with families with small children.
Apartments and Micro-Apartments: Compact units with efficient space utilization, often in central locations. They are suitable as investment properties or as an entry into the Munich real estate market.
Buying an Apartment in Munich: Additional Costs and Purchase Process
In addition to the purchase price, there are other costs when buying an apartment in Munich that should be considered in financial planning:
Property Transfer Tax: In Bavaria, the property transfer tax is 3.5 percent of the purchase price. This is the lowest rate of all federal states. For a condominium costing 500,000 euros, this corresponds to 17,500 euros.
Notary Fees: The notary certifies the purchase contract and accompanies the transfer of ownership. The costs are about 1.0 to 1.5 percent of the purchase price.
Land Register Entry: For the registration in the land register, around 0.5 percent of the purchase price is charged.
Brokerage Commission: Since December 2020, the legal regulation on the sharing of brokerage commission applies. Buyers and sellers usually split the costs equally. The total rate is mostly around 7.14 percent including VAT.
Overall, buyers in Munich should expect additional costs of about 8 to 12 percent of the purchase price. Compared to cities like Hamburg, Berlin, or Cologne, the burden is noticeably lower due to the low Bavarian property transfer tax.
When buying a condominium, there are additional apartment-specific checkpoints. The declaration of division, the community rules, and the minutes of the last owners' meetings provide information about the condition of the property, planned renovations, and the amount of the maintenance reserve. Especially with Munich's old buildings with communal renovation projects, such as on the roof, facade, or heating system, the amount of reserves can be decisive for the purchase.
KENSINGTON Munich: Condominiums with On-Site Consultation
The Munich housing market is complex. The price differences between districts are significant, the supply in sought-after locations is limited, and many attractive properties change owners before they are publicly listed. This is exactly where we at KENSINGTON Munich come in.
We advise you not only on location and price but also place each property in the context of the respective neighborhood. How is the district developing? What construction projects are planned? Does the apartment fit your life situation, whether as an owner-occupier or as an investment? This classification makes the difference between a purchase and a well-founded investment.
Our network in the Munich real estate industry gives you access to apartments that do not appear on common portals. If you are looking for a condominium in Munich, contact us. We take time for a personal consultation.