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Real estate prices Maxvorstadt: Apartments and houses
The real estate market in Munich-Maxvorstadt
Real estate prices in Munich-Maxvorstadt reflect the demand and popularity of the district. Condominiums cost an average of 10,960 EUR/m² and are characterized by a stable trend.
Real estate sales and property prices in Maxvorstadt
Real estate prices in Maxvorstadt have been characterized by an upward trend in recent years. This applies to both condominiums and houses. Since 2012, purchase prices for condominiums have risen by over 93 percent. While in 2013 a pre-owned condominium cost an average of 5,680 EUR/m², by 2023 that figure had reached nearly 11,000 EUR/m². For houses, the average price per square meter was 3,340 EUR/m² in 2012, whereas by 2023 average purchase prices of almost 6,000 EUR/m² were achieved.
The average rent is 20 EUR/m². Real estate prices for newly built apartments average 16,000 EUR/m². For newly built apartments, the average rent is 27 EUR/m². The marketing duration in Maxvorstadt varies depending on the location and type of property. When selling condominiums in this district, it averages 60 days. However, this can vary depending on the asking price. Not only the proximity to the old town has made Maxvorstadt one of Munich's most popular residential areas.
Maxvorstadt, home to the renowned Ludwig Maximilian University and Technical University, mainly attracts young people who benefit from the numerous educational institutions. This district offers a rich cultural and artistic scene, which is enhanced by major museums and a variety of cultural facilities.
The streets of Maxvorstadt are lined with small shops and galleries that shape the neighborhood just as much as the countless cafes, restaurants, and pubs that create a special atmosphere. Architecturally, Maxvorstadt stands out for its multitude of neoclassical buildings, which significantly shape the cityscape.
In the residential areas of this district, modern housing complexes can be found alongside meticulously renovated turn-of-the-century buildings, creating a varied and harmonious cityscape. Maxvorstadt thus combines tradition and modernity, offering a unique living and lifestyle environment in the heart of Munich.
What is your property in Munich-Maxvorstadt worth?
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Sold properties in Maxvorstadt
Below you will find an overview of real estate sales in Munich-Maxvorstadt. The information is based on investigations by the Committee of Valuation Experts for Property Values in the City of Munich. The information comes from the current real estate market report for the year 2022. Further information on real estate transactions from the year 2023 will be available starting in June 2023.
Looking at the number of newly built properties sold in Munich-Maxvorstadt and comparing the figures with those from 2018, a significant decline in the sale of new real estate can be observed. While a total of 31 newly built properties were sold in 2018, in 2022 there were only five newly built apartments. The total sales volume for newly built condominiums in 2022 was 9 million EUR.
A total of 273 purchase contracts for pre-owned condominiums were notarized, amounting to a total turnover of EUR 220 million. The number of pre-owned condominiums sold had been higher in some previous years.
Sold new construction properties
Quantity: 5
Revenue: 9 million EUR
Resold items
Quantity: 273
Revenue: EUR 220 million
The development in Munich's Maxvorstadt is characterized by many apartment buildings, which is why the number of single-family homes sold in this district is generally lower compared to other districts. In 2022, one single-family home was sold. The purchase price is not published for data protection reasons. In the apartment building market, 10 properties were sold, with the total revenue exceeding EUR 112 million and the area sold amounting to 0.5 ha.
Sold single-family homes
Quantity: 1
Revenue: –
Area: –
Sold apartment buildings
Quantity: 10
Revenue: EUR 112 million
Area: 1.5 ha
Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, resale condominiums, and newly built properties in Maxvorstadt is exceptionally good. For several years now, a very sharply rising trend in real estate prices has also been visible in Maxvorstadt. This affects plots of land, houses, and condominiums, regardless of whether they are new construction projects or resale properties.
Since land prices have risen significantly, these are reflected in the new construction projects. We, as Real estate agent for Munich-Maxvorstadt look forward to new offers. If you have any questions about our work, please feel free to contact us contact.
Real estate agent for Munich-Maxvorstadt
- Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Maxvorstadt.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Maxvorstadt.
- With us, you can quickly and securely achieve the best possible price for your apartment, house, or property in Munich-Maxvorstadt.
- With us, you can count on genuine customer service characterized by honesty, clarity, and success.
- We are more than happy to take the time to address your questions and concerns.
- We look forward to hearing from you.
Clear presentation of real estate prices in Munich Maxvorstadt
Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, resale condominiums, new-build properties, and plots of land in Maxvorstadt is outstanding. Here, we have graphically illustrated the development of real estate prices for condominiums and houses in Munich-Maxvorstadt. This allows you to see at a glance where prices currently stand and how they have evolved from 2018 to the present. The percentage increase refers to the year 2017.
Development of real estate prices for apartments in Munich-Maxvorstadt since 2018
Development of real estate prices for houses in Munich-Maxvorstadt since 2018
The appreciation in value and marketability of real estate in Maxvorstadt is outstanding. This highly sought-after residential area with its vibrant university district enriches the neighborhood. Cultural diversity, cosmopolitanism, and tolerance await you here. For this reason, Maxvorstadt is particularly appreciated. The economic structures in this district are well-established. Here is a brief overview of some streets in Maxvorstadt that enjoy great popularity.
Prinz-Ludwig-Strasse
Prinz-Ludwig-Straße is one of the prestigious and sought-after addresses in Maxvorstadt. It is located only about 300 meters from Marienplatz, and the Pinakotheken are almost right on the doorstep. That is hard to beat. Buyers particularly appreciate Prinz-Ludwig-Straße for its very central yet quiet location. In recent years, many buildings have been renovated and upgraded, and the new facades provide a wonderful ambiance. Purchase prices have risen by 209 percent since 2007 and average around EUR 10,870/m² for previously owned condominiums.
Fuerstenstrasse
A very centrally located address. Here, the city center is only about 600 m away. The street is narrow and the buildings on both sides of the street are very dense. This affects the natural light. Especially apartments located up to the second floor suffer from shadowing caused by the opposing buildings. Real estate prices for condominiums on Fürstenstraße are around 10,810 EUR/m² and have risen by 209 percent since 2007. The value growth is slightly below the average compared to other locations in Maxvorstadt, nevertheless, buying a property on Fürstenstraße is a good investment.
Schoenfeldstrasse
On Schönfeldstraße, real estate prices for condominiums average 10,750 EUR/m². The beautifully designed facades, the central location, and the proximity to Ludwigstraße ensure high demand. The properties are ideal as an investment or for owner-occupancy. The English Garden with its many benefits is only a 3-minute walk away.
Ohmstrasse
Ohmstraße is located to the right of the Siegestor and connects Leopoldstraße with Königinstraße. The old architecture creates a special atmosphere that is highly appreciated by buyers and tenants alike. Condominiums on Ohmstraße average 9,760 EUR/m², and good appreciation in value is expected over the next 10 to 15 years. Due to it being a one-way street, traffic is limited, which significantly enhances the quality of living. The Universität subway station, served by the U3 and U6 lines, is quickly accessible and offers excellent connections.
Georgenstraße
Georgenstraße is a very attractive address. The closer the property is to Leopoldstraße, the higher its value. The micro-location must be examined very closely during property valuation. The purchase prices for condominiums in this location average 12,300 EUR/m². Georgenstraße has infrastructure that is hard to beat. Subway and bus lines can be easily reached within a 5-minute walk. The English Garden, a city park known beyond the borders of Munich, is also within walking distance. Naturally, there are many restaurants, numerous sidewalk cafés, several cinemas, and theater stages to choose from. The center is only about 1,100 meters away.
When purchasing real estate in Maxvorstadt, it is recommended to buy a garage, as public parking options are limited.
Do you want to sell your property in Maxvorstadt?
Distribution of buildings in Maxvorstadt
EFH
MFH
Commercial
Living in Munich Maxvorstadt
The third district of Munich is relatively close to the center: in the southeast, Altstadt-Lehel at, in the north of Schwabing-Freimann and Schwabing-West. The neighboring district to the northwest is Neuhausen–Nymphenburg; in the southwest, Schwanthalerhöhe and in the south Ludwigsvorstadt-Isarvorstadt The English Garden forms the border in the east. Maxvorstadt is primarily characterized by the high density of scientific institutions, such as Munich's two major universities, several universities of applied sciences, as well as numerous cultural and artistic institutions. Maxvorstadt is therefore considered a center for art, culture, and science. However, many large corporations, banks, and insurance companies also have their headquarters here. In addition, several state ministries, the Bavarian Broadcasting Corporation, the State Office of Criminal Investigation, and two well-known breweries are located in Maxvorstadt.
Living environment and population
Urbanistically, the district is characterized by the Classicist style. Well-known architectural monuments include the Königsplatz with the Glyptotheca and Propylaea, the Pinakothek, and various magnificent buildings along Ludwigstraße. Maxvorstadt is considered an academic and student district and thus a very lively residential area. The proportion of 20- to 30-year-olds is particularly high. This is certainly also due to the housing structure, which has a very high proportion of one- and two-room apartments. But not only students, also the enormous number of tourists and the many workers ensure a cosmopolitan flair, hustle and bustle, and a busy atmosphere.
Infrastructure
Maxvorstadt has excellent connections to the public transport network. The U1, U2, U3, and U6 subway lines run through the district and serve multiple subway stations.
Furthermore, tram lines 16, 17, 20, 21, 27, and 28 run through Maxvorstadt, as do several MVG bus lines. In addition, the district offers a good educational infrastructure. It is home to 61 daycare centers, four elementary schools, two special education schools, two grammar schools, and 35 vocational schools, ten of which are part-time vocational schools.
Local recreation
Anyone who wants to escape the hustle and bustle of the city can do so wonderfully in the Old Botanical Garden. Lawns invite you to relax or view various art objects, and there is a large playground for children. Equally lovely is the Maßmannpark, which offers a particularly large number of sports and play areas. However, the nearby English Garden is also well-suited for extensive leisure activities. Furthermore, one of Munich's most spectacular beer gardens at the Chinese Tower can be found here.
Architecture & History
The architecture in Maxvorstadt has a lot of history to tell. The oldest building still preserved in Maxvorstadt today is located at Veterinärstraße 10. The house was built around the year 1800. Originally, it housed a vinegar and spirit of wine factory. The Palais at Ludwigstraße 13, which was once at the center of Munich's social life, is used today by the Deutsche Bundesbank Munich for executive offices and the main administration. One of the finest preserved examples of Munich Art Nouveau is the building at Georgenstraße 19, which was erected by the Swiss architect Ernst Robert Fiechter in 1903.
Social structure in Munich-Maxvorstadt
Aubing covers an area of 1,109.26 hectares and has a total population of 52,657.
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighboring districts of Maxvorstadt
Would you like to know what purchase prices are being achieved in the vicinity of Maxvorstadt? Here we have compiled further real estate market reports for you, which explain the events on the real estate market in detail. Learn more about the sale of apartments, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Maxvorstadt
Are you thinking about selling your property in Munich-Maxvorstadt? We would be delighted to hear from you! You are welcome to contact us by phone – 089 70065020 – or send us a message via our contact form. We are always at your disposal and happy to help if you have any questions or concerns. So do not hesitate to contact us!
We look forward to hearing from you
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