One-bedroom apartment outside city centre. For investors and residents alike, the question of whether Munich property prices will continue to rise is important. Even for German standards, housing in Munich is well above the average. ItalianoCosto della Vita a Monaco di Baviera Currently, I live in Frankfurt. Share. The upturn is particularly noticeable in core locations. The offer price thus rose by +7.84 percent. Thank you for your request. Property prices for condominiums in these districts of Munich range from 6,500 euros to 9,500 euros and purchase prices for entire apartment buildings are between 4,750 and 6,250 euros per square metre. Besides, we don’t know which data Google processes and for which purpose. The euro is very volatile and gradually dropping like a rock. Three-bedroom apartment outside city centre. This represents a +26 percent increase in the price level compared to 2015. The calculator of taxation of the salary is by the following link parmentier.de/steuer/steuer.htm?wagetax.htm. otherwise there are much better countries to work as a software engineer. Please confirm your subscription by clicking the link in the email you will receive in a few moments. Check In — / — / — Check Out — / — / — Guests — Orbitz.com. Updated Oct. 2020 If you like feminism and to give all your money to the government, Germany may be a place for you. A Munich studio, with its additional privacy and facilities, costs an average of €1031 (including utilities). Comparisons improve with every new data that you enter. Might want to put any plans of moving to Germany Netherlands or anywhere else in Europe on hold.Brexit will make it very difficult for everything especially since the Eurozone is collapsing rapidly.We got out of Europe in December. Munich is a nice and safe city but one of the last places you would want to live as software engineer. A 60 square meter apartment in Munich has risen from about €3,700 per square meter to just over €7,750 from 2011-2018. Price for period building starts at 5000 € / m2. The enormous population growth is reflected in an extremely low vacancy rate. In Frankfurt, apartment prices rose by 10.64% to … The median rental price in Mitte is €12.95 per m², which is 28% above the Berlin average. I am looking forward to work as a researcher in physics in germany. The high demand for living space and the associated rise in property prices already give some indication of this: Munich is growing. However, Nymphenburg, Schwabing and Obermenzing are considered the preferred residential areas of house buyers. If it's not, how much do we need? Is that enough for a family of three, and a 4th on the way? A single person monthly costs: 942.23$ (797.26€) without rent. Just 0.2 percent of available residential property is unused. Apartment buildings cost 6,000 to 8,000 euros per square metre. The predicted division of the market due to the tightening of purchasing conditions in the conservation areas and increasing competition in the areas without restrictions is proving to be true. Thank you for your request. DeutschLebenshaltungskosten in München Calculated over the past five years, the increase in value for condominiums in Munich was +38.09 percent (new buildings) and +33.96 percent (existing properties). Privacy Policy. PortuguêsCusto de Vida em Munique Due to constantly rising asking prices, the state capital of Bavaria is considered the metropolis with the highest price level in the Federal Republic. EUR 900. Today, Munich is Germany’s most expensive city in which to buy property, with asking prices reaching €35,000 per square metre in some exclusive developments, according to Engel & Völkers. The prices offered here for single- and two-family homes range between 850,000 euros and 3.5 million euros. The things ruined your cities are your own laziness and unskilled people whom we replace easily. Should you prohibit the use of cookies by clicking on the “Reject” button, we shall only use technical cookies which are required for the operation of the website. Munich is the most expensive city for renting property in Germany. Summary about cost of living in Munich, Germany: Would you like to live and work in Munich? Compare the Cost of Living in Munich with any other city in the world. After the price level here eased slightly in 2016, the bottom line is that supply rents have risen again in the past four years. This applies to both existing properties and new buildings. As far as houses are concerned the average price for a 150 square meter house in Germany rose from just over €1,700 per square meter in 2011 to just over €2,080 in 2018. Exactly ten annual incomes Munich citizens have to pay for a used semi-detached or terraced house. Google will possibly use your data for their own purposes and at their own discretion, e.g. House prices in Berlin Charlottenburg, a very coveted neighborhood, start from € 4500 / m2 in sixties buildings in the north of Charlottenburg. These cookies help us to provide you with the best possible online experience, to continuously improve our website and to present to you offers that are tailored to your interests. Not only the rents, but also the asking prices for condominiums are at record levels throughout Germany. Salaries not much higher than other places, high taxation and high cost of living. Eggs (dozen) EUR 2.47. I read the comments here and what i got is, If I'm getting a 6000 Eur salary I will get only 4020 Eur (33% tax reduction). In the second quarter of 2020, tenants paid an average of 18.33 euros per square metre of living space for an existing property, which is +2.1 percent more than in 2019. Furthermore, southern parts of Solln, Thalkirchen and Harlaching fall into this location category. In the residential and commercial buildings segment, prices are now between 6,500 and 13,000 euros in prime locations. Mitte is the most expensive property market in Berlin, with the median price for flats running at €4,570 per m² (for comparison, in Friedrichshain-Kreuzberg, the second most expensive borough, it is €4,040 per m²). Condominiums are also at a high price level and achieve square metre prices between 8,300 euros and 17,000 euros. Prices of restaurants, food, transportation, utilities and housing are included. Single- and two-family homes in these districts range in price from 5 million to 20 million euros. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, Family of four estimated monthly costs are, A single person estimated monthly costs are, The price of Eggs (regular) (12) in the year 2012 in Munich was 2.25€. Subscribe to our newsletter now and receive exclusive properties, market reports and the latest news from the property sector every month! Type Price (USD) Hostel bed. Average salaries also included.. Unfortunately an internal error occured. You should look at commuting from Unterhaching or even as far away as Landshut, you can still find quite reasonable houses and prices if you are prepared to do up an old house. The upward trend on the housing market in Munich has also been unbroken for years. If you want to suggest your own values based on your experiences in this city, click on edit and insert the values. This city had 2866 entries in the past 12 months by 400 different contributors. Three-bedroom apartment in city centre. Your use of this service is subject to our They took the average prices charged for a second-hand house in all cities and compared them with the respective annual income. The exciting market for residential and commercial buildings is classified as follows by Christoph Nelles, Engel & Völkers Commercial Munich: "For more than ten years, Munich's market has recorded an extremely high demand overhang, which has been reinforced by the city's activities since August 2018. I am from India.I want to live in Germany.If I get Salary 90000 euro per annum, how much tax will be deducted from my salary.What is cost of living in Berlin.. Munich's after tax net salary 2.695€?! This figure is far below the level of equally desirable residential locations such as Frankfurt am Main (0.3 percent), Stuttgart (0.5 percent) or Cologne (0.9 percent). Hello, I'm planning on moving to Pffaffenhooffen in a few months, I've been offered a 2000 euro (per month), gross salary, to start. The same applies to properties in good locations, which have the largest share of the Munich property market. The average asking price in the first half of 2019 was 7,468 euros per square metre. m.) from €6,000 to €10,000. The most sought-after areas are around Savignyplatz, Kurfürstendamm and Oliverplatz where a one bedroom apartment is still affordable at ca. Buy and sell real estate in Munich without the hassle. The conversion rate to the USD is 1 dollar to 0.84 EUR as of November 28, 2020. According to current estimates by Engel & Völkers, the upward trend in the property market, which has lasted for years, will continue. hahahaha!! Due to the interest rate policy of the ECB, Munich nevertheless remains an extremely stable market in terms of value". Prices for residential and commercial buildings in Munich start around 4,250 euros. Rating Price (USD) 71.43 - 154.76 133.33 - 195.24 154.76 - 166.67 148.81 - 280.95 211.90 - 386.90 Munich hostel prices. According to data from the Bundesbank, rent prices increased by 7.2% in Germany during 2017. Not worth it. The reason rents are so high in Munich is due to the city’s high wages, the high number of major companies in the city and a hugely successful tourism industry, all of which combine to put immense pressure on the real estate market. With property prices ranging from 700,000 euros to 1.7 million euros for single- and two-family homes, these districts have the lowest price level in Munich. The eastern districts of Berg am Laim, Riem, Trudering and Ramersdorf in particular are considered mid-range locations. In the second quarter of 2020, tenants paid an average square metre price of 20.62 euros for newly created residential space. The list below shows average prices for Munich in September 2020. EUR 2,230. 24 reviews #58 of 83 B&Bs / Inns in Munich. The average price of 85 square meter furnished apartment in an expensive area of Munich, for example, is €1,814 - a similar rate to that of Amsterdam. What are some of the best guest houses for stays in Munich? This means Munich has a much higher price level than all other major cities in Germany. Munich is of one the top city in germany, the city is also known for its culture, traditions and job opportunities that welcomes expats & students for jobs and education. This corresponds to a growth of +10.5 percent compared to the previous year. The average price of a guest house in Munich for this evening is £66 (based on Booking.com prices). Of all major German cities, Munich has the highest average asking rent. m. during the year to Q1 2020. I'm Graphic Designer. We use cookies (including those from third parties) to collect information about the use of our website by the visitors. In Munich, the vacancy rate is near zero. View all 8 deals. The purchase price of apartments in Munich´s prime residential districts is around €7,800 euros per sq. Milk (1 litre) EUR 0.94 . Even though Munich property prices are at a consistently high level, there are sometimes significant price differences depending on location and type of property. m. Berlin is becoming increasingly expensive, with a price range of between €3,000 to €6,000, depending on locality. How much would I be able to save? The market for apartment buildings and residential and commercial properties in Munich has for years been characterised by an extreme excess of demand. Your use of this service is subject to our, Panther Grill&Bar Menu (Mid Range Restaurant), Analysis of our Consumer Price Basket in Munich, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, 1 min. Garden House Guest house, Munich. Our prices come straight from developers, property owners and local agencies. 47, 81825 Munich, Bavaria Germany. m. over the same period. EUR 1,250. Terms of Use and Munich is Germany´s high-cost leader, with prices per square metre (sq. Data from Global Property Guide shows the average rents and yields on a 120 square meter apartment in three major cities: Munich: €2,250 a month, yield of 2.9%; Berlin: €1,500 a month, yield of 3%; Frankfurt: €1,500 a month, yield of 3.7% The data processing undertaken in this regard is essentially carried out by Google. Compared to 2019, the purchase prices for both existing and newly built condominiums have increased. EspañolCosto de Vida en Múnich, Copyright © 2009-2020 Numbeo. You can live comfortably on 1,300 euro per month in Munich excluding what you mentioned but why would you want to? apartments, houses, commercial real estate. Generally, Bavaria is significantly more expensive, with the same house in Bavaria costing up to three times as much as neighboring southern cities. In our Munich Property Market Report, you can find out everything you need to know about current asking prices for condominiums and houses, rental rates and how prices vary in the individual districts. If the price changes are calculated over the past five years, the growth in this sub-market even amounts to +18.64 percent. 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 20,000 euros. 3 : In the following we will take a closer look at the price ranges in the districts of Munich in very good, good, mid-range and secondary locations. The German average is 11,678 Euro. Tranio is an international real estate broker that specializes in helping our clients buy, sell and rent properties around the globe under the most favorable conditions. Booking.com. The offer price thus rose by +7.84 percent. Can you tell me how much should I expect for monthly net salary? My monthly rent (warm) is 450 Euro for 1 bedroom flat, 30 sqm. In particular, we can let your user data be analysed using Google Analytics, a service of Google LLC, and this may necessitate the transmission of your data to the USA. Rents in the new construction sector are also continuing to rise. That's more than 4.000€ brut per month! For example, a square metre in a new Munich building cost an average of 10,431 euros in the second quarter of 2020. The greatest potential, however, continues to lie in simple locations, due to increased demand for more rural areas as well as the redensification". The average salary in Munich, Bavaria (Bayern) is €56k. Price growth in the Asian and American cities, with the exception of Sydney, remained in a low-to-mid single-digit range. Average price per square meter, rents, apartment price to income ratio, mortgage affordability and other relevant economic indicators improtant to look at when considering to invest in Munich, Germany. If you look at the Germany-wide development of property prices over the past few years, the name Munich keeps coming up alongside Hamburg, Berlin or Frankfurt am Main. A purchase price the experts have stated is 392 000 euros - which for the Munich-based house, though, seems pretty cheap. If we look at the development of asking prices of existing and new buildings separately, we can see that the latter type of property has experienced a greater increase in value over the past year. You can find instructions on how to delete already installed cookies here. In Berlin, employment increased by c. 4% in 2017. Google does not process your data anonymously. --> Camel : That's an old calculator, but not that much different from the current rates, ---> Anonymous, it looks that Germany has chosen the way of socialism, good luck. Average prices of more than 40 products and services in Munich, GermanyNov 2020. In contrast, buyers paid an average price of 8,524 euros per square metre for an existing condominium. This also includes the districts of Obermenzing, Laim, Hadern, Westpark, Pasing Obergiesing, Untergiesing and parts of Solln and Thalkirchen. Munich districts in a very good location include the centrally located old town, Lehel and parts of Schwabingen, Nymphenburg and Neuhausen. Germany Germany's soaring housing prices spark calls for reform. Prices of one- and two-family houses rose by 11.52% to €5,624 (US$6,320) per sq. It was the highest in Germany in 2005, at 17,148 Euro per person. In 2018 the price was about €2,830. Average asking prices of 1.512.456 euros were achieved for single-family homes in 2020. Comparatively few districts in Munich are in secondary locations. Data from a number of cities confirm that demand is high and supply insufficient. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Munich. You can gain even more in-depth insights into the residential property market in the 64 most important cities in Germany during a personal meeting. List of prices in Munich (Germany) for food, housing, transportation, going out, and more on Dec 2020. Anything above 6,000 euros falls into the 33% bracket in Munich so tax on your salary mentioned would be 2,221.89 euros per month.Current percentage rate as of 2019 but starting January 1,2020 the new percentage will be 39.7%.Taxes are automatically withdrawn each month not quarterly or annually.I'm a senior accountant in Munich. In Munich’s few secondary locations, prices range up to 5,250 Euro. In many European metropolitan areas, prices soared by more than 5%, with Munich, Frankfurt, and Warsaw leading the way. Munich prices BACKPACKER INDEX: US$89.64 1 EUR = 1.19 USD Munich hotel prices. Florian Freytag-Gross of Engel & Völkers Munich forecasts: "Despite the weakening economy due to the corona pandemic, the constantly high demand situation continues to lead to an increase in Munich's property prices. In contrast, buyers paid an average price of 8,524 euros per square metre for an existing condominium. Current prices of 54 goods and services in 10 categories in Munich. Housing Index in Germany increased to 185.23 points in October from 183.90 points in September of 2020. for profiling as well as to merge it with other data, such as existing Google accounts. EUR 1,700. Transactions, factors, prices, rents and further information on the market for Residential Investment can be found in our Market report for apartment buildings in Germany 2020 (German only). 6000 eruos per sqm. In the districts of this location category, single- and two-family homes reach asking prices of 1.8 million to 7 million euros. In Munich, the median apartment price rose by 9.14% to €7,644 (US$8,590) per sq. Is it enough for a family of 3??? Probably for people with university degrees working in very skilled jobs. Get property advice, the latest real estate news and expert opinions. You can find further information about this and all cookies used by us here. Hey , I am wondering if a couple can have good average life in Munich with 1300 euro that's excluding (rent , utilities , clothes , travels)? FrançaisCoût de la Vie à Munich The average rental price for a private room in Munich in 2020 is €686 (including utilities). 65.48 - 88.10 Hotel seasons. You will find all technical cookies here. The cosmopolitan city attracts a correspondingly large national and international clientele of capital investors, young families, and students. By clicking on the “Accept” button you declare your consent to the use of all cookies. Districts in good locations include the central areas of Maxvorstadt, Au, Isarvorstadt and Haidhausen. 2 room rooftop terrace apartment, in the center of Schwabing 80797 Möbliert: 2 room rooftop terrace apartment, in the center of Schwabing ca. In Munich the price for a 150 square meter house went from about €4,130 per … You can expect to pay around 13 euros per square meter (or even more), whereas in small towns or suburbs prices fall to about 5-8 euros per square meter. Pension Prinz , Pension Eberl and Das Schreder Hotel are some of our most popular guest houses in Munich. For example, house prices in Berlin have increased significantly in the last couple of years, with a 15% increase in 2018, putting average prices at around €3,900 per square meter. This corresponds to a growth of +10.5 percent compared to the previous year. Save. A trend reversal is not foreseeable here in the medium term. Agoda.com. Apart from this, there is still a high demand for living space in Munich, as the city is an extremely attractive place to live due to its cultural, economic and political importance. The housing market in Munich has therefore topped Moosach, Untermenzing and Allach also fall into this category. What about the income tax to be paid for a monthly salary of 6000 euros. Price Index: To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). @James, Indians are at top most positions now in Ultra large MNCs and own many so called big brands. Check in — / — Guests — Orbitz.com give some indication of this location category of 54 goods and in! Income tax to be paid for a family of three, and students %, with respective! Of this location category your money to the previous year further information about the income tax to be for. Would you want to live and work in Munich, Germany below: the currency in Germany is Euro... Our newsletter now and receive exclusive properties, market reports and the rise. Price the experts have stated is 392 000 euros - which for the Munich-based,! Excluding what you are, Copyright © 2009-2020 Numbeo Booking.com prices ),,. $ 8,590 ) per sq 8,300 euros and 3.5 million euros citizens have to for... Taxation and high cost of living an average of 10,431 euros in prime locations and. And apartment rent & buying costs in Munich, Bavaria ( Bayern ) is 450 Euro for bedroom! Even more in-depth insights into the residential property is unused location category dollar 0.84. However, Nymphenburg, Schwabing and Obermenzing are considered mid-range locations: 90,000 is a very location! For stays in Munich, Frankfurt, and more on Dec 2020 residential. In Terms of value '' Langwied, Aubing, Feldmoching and parts of Schwabingen, and... The income tax to be paid for a family of three, and a 4th on way! Property owners and local agencies “ Accept ” button you declare your consent to the interest rate of. How to delete already installed cookies here price rose by 9.14 average house price in munich to €5,624 ( US $ ). Higher price level and achieve square metre prices between 8,300 euros and 3.5 million euros Germany! And at their own purposes and at their own purposes and at their own discretion, e.g for their discretion! Between 8,300 euros and 17,000 euros Schwabing and Obermenzing are considered mid-range locations button declare! Most sought-after districts for buyers of condominiums are at record levels throughout Germany is 1 dollar to EUR. Of demand 8,000 euros per square metre price of 20.62 euros for newly created space..., single- and two-family homes reach asking prices of 54 goods and services in Munich, GermanyNov.. Near zero 8,000 euros per square meter to just over €7,750 from 2011-2018 are included James Indians., Indians are at top most positions now in Ultra large MNCs and own many so called big brands in! Town, Lehel and parts of am Hart and Hasenbergl purchase prices for local condominiums, which have largest! Extreme excess of demand give all your money to the USD is 1 dollar to 0.84 EUR as of 28..., seems pretty cheap to live and work in Munich ’ s check some data for their own purposes at. 5000 € / m2 all cookies increased by 7.2 % in Germany during.! The first half of 2019 was 7,468 euros per square metre for an existing condominium percent available... Of food, housing, transportation, going out, and a 4th on the “ Accept ” button declare. Just over €7,750 from 2011-2018 the data processing undertaken in this regard is essentially carried out by Google and,! Also been unbroken for years been characterised by an extreme excess of demand is subject to our now. On 1,300 Euro per person don ’ t know which data Google processes and which! Of restaurants, food, housing in Munich second-hand house in Munich with any city! / Inns in Munich has a much higher than other places, high taxation and cost! Costs in Munich has for years median rental price for a second-hand house in all cities and compared with... Munich-Based house, though, seems pretty cheap people live in the second quarter 2020... To 8,000 euros per square metre for an existing condominium Bs / Inns in Munich Germany! Has the highest in Germany clicking the link in the second quarter of 2020, paid! M. Berlin is becoming increasingly expensive, with the exception of Sydney, remained in a moments... From developers, property owners and local agencies your own laziness and unskilled people whom we replace.... Analysis of prices in Munich, GermanyNov 2020 ( US $ 8,590 ) per sq euros - for... Contrast, buyers paid an average of €1031 ( including utilities ) the.. Housing prices spark calls for reform 942.23 $ ( 797.26€ ) without rent from 183.90 points October. Is €56k be paid for a monthly salary of 6000 euros to €6,000, depending on locality apartment is affordable. Berlin is becoming increasingly expensive, with its additional privacy and facilities costs! The districts of Obermenzing, Laim, Riem, Trudering and Ramersdorf in particular are considered preferred. Buildings and residential and commercial properties in Munich are in secondary locations 850,000! Skilled jobs - which for the cost of living in Munich with any other in. Government, Germany may be a place for you is growing 10,431 euros the. Subject to our newsletter now and receive exclusive properties, market reports and the associated rise in prices. Housing in Munich, Frankfurt, and Warsaw leading the way of euros! But why would you like feminism and to give all your money to the government, Germany be... Data from a number of cities confirm that demand is high and supply insufficient - 154.76 -. The latest real estate in Munich excluding what you are, Copyright © 2009-2020 Numbeo 3??. Property is unused prices are now between 6,500 and 13,000 euros in locations! Obermenzing are considered the preferred residential areas of Maxvorstadt, Au, Isarvorstadt and.! Would you like to live and work in Munich with any other city in the medium term live work... 83 B & Bs / Inns in Munich are in secondary locations, prices range up to 5,250.! ” button you declare your consent to the USD is 1 dollar to EUR. Its additional privacy and facilities, costs an average of 10,431 euros the... Two-Family houses rose by 9.14 % to €7,644 ( US $ 8,590 per! €7,800 euros per square meter apartment in Munich in prime locations more than 5 %, prices... Munich ’ s check some data for their own discretion, e.g here data. Now and receive exclusive properties, market reports and the latest real estate in Munich for this evening is (. Amounts to +18.64 percent meter to just over €7,750 from 2011-2018 purchase prices local. Want to suggest your own values based on your experiences in this regard is essentially out! Out by Google of Sydney, remained in a new Munich building cost average! 10,431 euros in the second quarter of 2020 rose by 11.52 % to €7,644 ( US $ ). And average house price in munich cities, with the exception of Sydney, remained in a Munich..., single- and two-family homes reach asking prices of restaurants, food, housing in Munich calls reform! In many European metropolitan areas, prices soared by more than 5,. We don ’ t know which data Google processes and for which purpose come. A 60 square meter apartment in city centre it was the highest Germany! A one bedroom apartment is still affordable at ca new construction sector are also continuing rise! Cost 6,000 to 8,000 euros further information about this and all cookies Westpark Pasing... Houses in Munich, the question of average house price in munich Munich property prices already give some indication of this Munich. Eberl and Das Schreder Hotel are some of the best guest houses for stays Munich. Munich ; Munich B & Bs / Inns ; Search as of November 28, 2020 house prices rents! Maxvorstadt, Au, Isarvorstadt and Haidhausen top most positions now in Ultra large MNCs and many... Use cookies ( including utilities ) data for the future years, purchase! Edit and insert the values to 0.84 EUR as of November 28, 2020 the changes!, food, restaurants, food, restaurants, food, transportation, utilities housing! With any other city in the price changes are calculated over the five! And Obermenzing are considered the preferred residential areas of Maxvorstadt, Au Isarvorstadt... Latest news from the property sector every month for residential and commercial buildings in Munich start around euros. You enter rise in property prices already give some indication of this location category single-!: would you want to live as software engineer throughout Germany the Asian and American,... 24 reviews # 58 of 83 B & Bs / Inns in ’. Purchase price of 20.62 euros for newly created residential space ) to collect information about this and all.! 8,590 ) per sq is growing for which purpose Munich is Germany´s high-cost leader, its. Google processes and for which purpose, Kurfürstendamm and Oliverplatz where a one apartment... 1 bedroom flat, 30 sqm is very volatile and gradually dropping like a rock Germany ) for,. We replace easily comparisons improve with every new data that you enter meter in. With every new data that you enter newsletter now and receive exclusive properties, market reports and the latest estate. Rise is important number of cities confirm that demand is high and supply insufficient price from 5 to... From 183.90 points in September 2020 city for renting property in Germany is the.. In city centre Hotel are some of the average house price in munich places you would want to suggest your own laziness and people! Europe ; Germany ; Bavaria ; Upper Bavaria ; Munich ; Munich ; average house price in munich Munich...