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The high demand for residential real estate has led to a supply bottleneck and an increased price level in prime locations. At the moment, the average price per square meter of apartments for sale in sought-after neighborhoods such as Lehel, Schwabing, Bogenhausen or the old town is up to 20, euros.
The selling price of houses and villas, however, currently scales between 4 and 16 million euros. According to our market experts, rising demand will continue to lead to further price increases in the top locations of Munich.
Benefit from our in-depth knowledge of the market and up-to-date know-how based on the results of annual market surveys on the sale or purchase of a luxury villa , a fantastic home, or a prime location apartment.
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Munich has always been a famous party city, especially since the spiritual home of beer. Modern Munich, with its dynamic mix of artists, writers, students, designers, musicians, high finance and over establishments licensed to serve alcohol, continues that tradition in style.
The city's motto is "Munich Loves You" and a memorable night out will leave you in no doubt that they mean it. All of Germany has undergone a transformation since the re-unification of East and West, but Munich has been particularly energised.
It is the third largest city in Germany, has the strongest economy and lowest unemployment of any German city and, in , was 9th place in Fortune Magazine's Global list of business cities, far ahead of any other German city.
The document was signed in Augsburg. But during the archaeological excavations at Marienhof in advance of the expansion of the S-Bahn from , shards of vessels from the 11th century were found, which prove again that the settlement of Munich must be older than their first documentary mention in In Munich received city status and fortification.
Wittelsbach's heirs, the Wittelsbach dynasty , ruled Bavaria until He strengthened the city's position by granting it the salt monopoly, thus assuring it of additional income.
In the late 15th century, Munich underwent a revival of Gothic arts : the Old Town Hall was enlarged, and Munich's largest Gothic church — the Frauenkirche — now a cathedral, was constructed in only 20 years, starting in When Bavaria was reunited in , Munich became its capital.
The arts and politics became increasingly influenced by the court see Orlando di Lasso and Heinrich Schütz. During the 16th century, Munich was a centre of the German counter reformation , and also of renaissance arts.
Duke Wilhelm V commissioned the Jesuit Michaelskirche , which became a centre for the counter-reformation, and also built the Hofbräuhaus for brewing brown beer in The Catholic League was founded in Munich in When the bubonic plague broke out in and , about one-third of the population died.
Under the regency of the Bavarian electors, Munich was an important centre of Baroque life, but also had to suffer under Habsburg occupations in and In the city became the capital of the new Kingdom of Bavaria , with the state's parliament the Landtag and the new archdiocese of Munich and Freising being located in the city.
Munich's annual Beer Festival, Oktoberfest, has its origins from a royal wedding in October The fields are now part of the 'Theresienwiese' near downtown.
In , Landshut University was moved to Munich. Many of the city's finest buildings belong to this period and were built under the first three Bavarian kings.
Especially Ludwig I rendered outstanding services to Munich's status as a centre of the arts, attracting numerous artists and enhancing the city's architectural substance with grand boulevards and buildings.
On the other hand, Ludwig II , known the world over as the fairytale king, was mostly aloof from his capital and focused more on his fanciful castles in the Bavarian countryside.
Nevertheless, his patronage of Richard Wagner secured his posthumous reputation, as do his castles, which still generate significant tourist income for Bavaria.
Later, Prince Regent Luitpold 's years as regent were marked by tremendous artistic and cultural activity in Munich, enhancing its status as a cultural force of global importance see Franz von Stuck and Der Blaue Reiter.
Following the outbreak of World War I in , life in Munich became very difficult, as the Allied blockade of Germany led to food and fuel shortages.
During French air raids in , three bombs fell on Munich. After World War I, the city was at the centre of substantial political unrest.
When Communists took power, Lenin , who had lived in Munich some years before, sent a congratulatory telegram, but the Soviet Republic was ended on 3 May by the Freikorps.
While the republican government had been restored, Munich became a hotbed of extremist politics, among which Adolf Hitler and the National Socialists soon rose to prominence.
In , Adolf Hitler and his supporters, who were concentrated in Munich, staged the Beer Hall Putsch , an attempt to overthrow the Weimar Republic and seize power.
The city again became important to the Nazis when they took power in Germany in The party created its first concentration camp at Dachau , 16 kilometres 9.
Because of its importance to the rise of National Socialism, Munich was referred to as the Hauptstadt der Bewegung "Capital of the Movement".
The city was the site where the Munich Agreement signed between Britain and France with Germany as part of the Franco-British policy of appeasement.
The British Prime Minister Neville Chamberlain assented to the German annexation of Czechoslovakia 's Sudetenland region in the hopes of satisfying Hitler's territorial expansion.
Munich was the base of the White Rose , a student resistance movement from June to February The core members were arrested and executed following a distribution of leaflets in Munich University by Hans and Sophie Scholl.
The city was heavily damaged by Allied bombing during World War II , with 71 air raids over five years. After US occupation in , Munich was completely rebuilt following a meticulous plan, which preserved its pre-war street grid.
In , Munich's population surpassed one million. The city continued to play a highly significant role in the German economy, politics and culture, giving rise to its nickname Heimliche Hauptstadt "secret capital" in the decades after World War II.
Since , Munich has been the host city for annual conferences on international security policy. Munich was the site of the Summer Olympics , during which 11 Israeli athletes were murdered by Palestinian terrorists in the Munich massacre , when gunmen from the Palestinian " Black September " group took hostage members of the Israeli Olympic team.
Most Munich residents enjoy a high quality of life. Mercer HR Consulting consistently rates the city among the top 10 cities with the highest quality of life worldwide — a survey ranked Munich as 4th.
Environmental pollution is low, although as of [update] the city council is concerned about levels of particulate matter PM , especially along the city's major thoroughfares.
Since the enactment of EU legislation concerning the concentration of particulate in the air, environmental groups such as Greenpeace have staged large protest rallies to urge the city council and the State government to take a harder stance on pollution.
For its high quality of life and safety, the city has been nicknamed "Toytown"  among the English-speaking residents. German inhabitants call it "Millionendorf", an expression which means "village of a million people".
Due to the high standard of living in and the thriving economy of the city and the region, there was an influx of people and Munich's population surpassed 1.
The local rivers are the Isar and the Würm. Munich is situated in the Northern Alpine Foreland. The northern part of this sandy plateau includes a highly fertile flint area which is no longer affected by the folding processes found in the Alps, while the southern part is covered with morainic hills.
Between these are fields of fluvio-glacial out-wash, such as around Munich. Wherever these deposits get thinner, the ground water can permeate the gravel surface and flood the area, leading to marshes as in the north of Munich.
By Köppen classification templates and updated data the climate is oceanic Cfb , independent of the isotherm but with some humid continental Dfb features like warm to hot summers and cold winters, but without permanent snow cover.
Studies of adaptation to climate change and extreme events are carried out, one of them is the Isar Plan of the EU Adaptation Climate.
The city center lies between both climates, while the airport of Munich has a humid continental climate. The warmest month, on average, is July.
The coolest is January. Showers and thunderstorms bring the highest average monthly precipitation in late spring and throughout the summer.
The most precipitation occurs in July, on average. Winter tends to have less precipitation, the least in February. The higher elevation and proximity to the Alps cause the city to have more rain and snow than many other parts of Germany.
The Alps affect the city's climate in other ways too; for example, the warm downhill wind from the Alps föhn wind , which can raise temperatures sharply within a few hours even in the winter.
Being at the centre of Europe, Munich is subject to many climatic influences, so that weather conditions there are more variable than in other European cities, especially those further west and south of the Alps.
At Munich's official weather stations , the highest and lowest temperatures ever measured are The data is supposed to be used to create a plan for action for adapting the city to better deal with climate change as well as an integrated action program for climate protection in Munich.
With the help of those programs issues regarding spatial planning and settlement density, the development of buildings and green spaces as well as plans for functioning ventilation in a cityscape can be monitored and managed.
From only 24, inhabitants in , the city population doubled about every 30 years. It was , in , , in and , in Since then, Munich has become Germany's third-largest city.
In July , Munich had 1. The largest foreign resident groups by 31 December . As in the rest of Germany, the Catholic and Protestant churches have experienced a continuous decline in membership.
As of 31 December , There is also a small Old Catholic parish and an English-speaking parish of the Episcopal Church in the city.
According to Munich Statistical Office, in about 8. As the capital of Bavaria, Munich is an important political centre for both the state and country as a whole.
It is the seat of the Landtag of Bavaria , the State Chancellery , and all state departments. Munich has a much stronger left-wing tradition than the rest of the state, which has been dominated by the conservative Christian Social Union in Bavaria CSU on a federal, state, and local level since the establishment of the Federal Republic in Munich, by contrast, has been governed by the SPD for all but six years since As of the local elections, green and centre-left parties also hold a majority in the city council Stadtrat.
The most recent mayoral election was held on 15 March , with a runoff held on 29 March, and the results were as follows:.
The Munich city council Stadtrat governs the city alongside the Mayor. The most recent city council election was held on 15 March , and the results were as follows:.
Munich is twinned with the following cities date of agreement shown in parentheses :  Edinburgh , Scotland   , Verona , Italy  , Bordeaux , France   , Sapporo , Japan , Cincinnati , Ohio, United States , Kyiv , Ukraine and Harare , Zimbabwe Since the administrative reform in , Munich is divided into 25 boroughs or Stadtbezirke , which themselves consist of smaller quarters.
The city has an eclectic mix of historic and modern architecture, because historic buildings destroyed in World War II were reconstructed, and new landmarks were built.
A survey by the Society's Centre for Sustainable Destinations for the National Geographic Traveller chose over historic destinations around the world and ranked Munich 30th.
At the centre of the city is the Marienplatz — a large open square named after the Mariensäule , a Marian column in its centre — with the Old and the New Town Hall.
Its tower contains the Rathaus-Glockenspiel. Three gates of the demolished medieval fortification survive — the Isartor in the east, the Sendlinger Tor in the south and the Karlstor in the west of the inner city.
The Karlstor leads up to the Stachus , a square dominated by the Justizpalast Palace of Justice and a fountain.
The Peterskirche close to Marienplatz is the oldest church of the inner city. It was first built during the Romanesque period, and was the focus of the early monastic settlement in Munich before the city's official foundation in Nearby St.
Peter the Gothic hall-church Heiliggeistkirche The Church of the Holy Spirit was converted to baroque style from onwards and looks down upon the Viktualienmarkt.
The nearby Michaelskirche is the largest renaissance church north of the Alps, while the Theatinerkirche is a basilica in Italianate high baroque, which had a major influence on Southern German baroque architecture.
Its dome dominates the Odeonsplatz. Other baroque churches in the inner city include the Bürgersaalkirche , the Trinity Church and the St.
Anna Damenstiftskirche. The Asamkirche was endowed and built by the Brothers Asam , pioneering artists of the rococo period. The large Residenz palace complex begun in on the edge of Munich's Old Town, Germany's largest urban palace, ranks among Europe's most significant museums of interior decoration.
Next door to the Residenz the neo-classical opera, the National Theatre was erected. All mansions are situated close to the Residenz, same as the Alte Hof , a medieval castle and first residence of the Wittelsbach dukes in Munich.
Lehel, a middle-class quarter east of the Altstadt, is characterised by numerous well-preserved townhouses. The St. Both the property and the location A very well-kept property from the 80s and a historic villa today form this tasteful, postmodern ensemble that reflects the stately style of the former Dr.
Scholl Villa still The charming roof terrace apartment extends over the 2nd and 3rd floors of a well-kept apartment building and can be easily reached via a lift.
Thanks to the double room height as A very well-maintained property from the 80s and a historic villa make up today this tasteful, postmodern ensemble, the stately architecture of the former Dr.
Scholl Villa Built in , the house Quiet but still right in the middle. From the lively French Quarter with its countless culinary and gastronomic temptations you are only a stone's throw away from your own innerDownload as PDF Printable version. Archived from the original on 23 May Pinkelparty Geschenke Mitbringen Retrieved 28 February SinceMunich has been the host city for annual conferences on international security policy. The building is located in a good and clean area, has excellent Neosurf Kaufen roads, access to public transport, and the city's main As of 31 December Munich is a major international cultural Tipico Casino App Android and has played host to Manuel Charr Instagram prominent composers including Orlando di LassoW. Hirschgarten is the largest beer garden in the world, with 8, seats. Anna Damenstiftskirche. It was designed and laid out by Benjamin ThompsonCount Rumford, both for pleasure and as Torschützen Bvb work area for the city's vagrants and homeless. The city was heavily damaged by Allied bombing during World War IIwith 71 air raids over five years. Archived from the original on 12 May Our Shops in Munich. The northern part of this Munchen Real plateau includes a highly fertile flint area which is no longer affected by the folding Kinderspiele.De Kostenlos found in the Flap Meat, while the southern part is covered with morainic hills. Particularly interesting districts for luxury real estate include Nymphenburg, Neuhausen, Schwabing, Lehel, the noble district of Bogenhausen with its many villas and estates and the Untergiesing neighborhood. In the Isar River valley of southern Munich, Grünwald is a treasured, exclusive residential community featuring fabulously elegant. About Sotheby’s International Realty Affiliates LLC. Founded in to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. EXPO REAL, the international trade fair for real estate and investment, is the unmissable business platform for the entire sector—all in one place.