The real estate market in Munich-Laim
Munich-Laim enjoys great popularity among prospective buyers. Real estate in western Laim ranks among the best in this district. Here, you can find attractive detached and semi-detached houses. Properties with plots of land that are generous by Munich standards are very popular. In the area around Agricolaplatz, it is rarely possible to acquire one of the lovely detached houses for prices under one million euros.
Real estate sales and price trends in Laim
Real estate prices in Munich-Laim have risen sharply in recent years, and this trend is continuing. Between 2007 and 2009, condominium prices were characterized by a slightly upward trend. A sharper increase in purchase prices has been observed since 2010. While an apartment was offered for an average of 2,300 EUR/m² in 2007, the average is 7,210 EUR/m² in 2023. That is an increase of 92.5 percent since 2013. The demand for apartments, primarily with 3 rooms or more and a living space of approx. 85 m² and above, is currently very strong.
The trend in real estate prices for houses in Munich-Laim is similar to that of condominiums. The significant increase in purchase prices since 2010 is undeniable. Houses in Munich-Laim were offered at an average purchase price of EUR 4,000/m² at the beginning of 2007, and by 2023 it was over EUR 9,000 per square meter. Thus, purchase prices for houses in Munich-Laim have risen by 77.4 percent since 2013. Overall, the market development for houses and condominiums continues to be characterized by strong demand. Since Laim is a very attractive district for families and property developers, the demand for houses and plots with old buildings is increasing. Most apartments and houses in Munich-Laim are offered and brokered by real estate agents.
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Sold properties in Laim, Munich
Below you can get a detailed overview of property prices and real estate sales in Munich-Laim. The information is based on investigations by the Committee of Valuation Experts for Property Values in the area of the state capital Munich. The information comes from the current real estate market report for the year 2022. New data on real estate vendors from the year 2023 will be published starting in June 2024.
In Munich-Laim, a total of 9 plots of land for individual residential development were sold at a total price of EUR 15.5 million, with a total area of 0.4 ha. The number of sold plots and the sold area are similar to those in 2021. No plots were sold for multi-story housing construction.
Sale of the residential building plots
Quantity: 9
Revenue: EUR 15.5 million
Area: 0.4 ha
Sale of the multi-family residential building plots
Quantity: –
Revenue: –
Area: –
Several new construction projects have been realized on the market for condominiums and partial ownership properties (e.g., garages) in Laim. A total of 57 properties were sold in Munich-Laim, generating a sales volume of EUR 40 million. In the case of pre-owned real estate, a total of 281 condominiums (including partial ownership) changed hands, with a total sales volume of EUR 116 million.
Sold new construction properties
Quantity: 57
Revenue: 40 million EUR
Resold items
Quantity: 281
Revenue: EUR 116 million
Last year, a total of purchase agreements for 13 single-family houses in Laim with a total turnover of EUR 20.6 million and an area of 0.5 ha were notarized. One multi-family house was sold in Laim. The purchase price and the size of the property are not published for data protection reasons.
Sold single-family homes
Quantity: 13
Revenue: EUR 20.6 million
Area: 0.5 ha
Sold apartment buildings
Quantity: 1
Revenue: –
Area: –
The population of Laim is growing and with it the demand for real estate. As in other neighborhoods, larger plots of land are being subdivided and built upon more densely. „In recent years, Laim has become much more attractive to prospective buyers. Above all, properties with spacious plots are in very high demand and are achieving corresponding prices. The exact location of the property plays a major role in determining the price,“ says real estate agent Rogers. Real estate prices in Laim are characterized by a very strong upward trend. This applies to condominiums as well as to houses and plots of land.
Real estate listings in Laim are stagnating. Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, resale condominiums, and new construction properties in Laim is outstanding. We as Real estate agent for Munich-Laim look forward to new offers. You benefit from our individual advice and numerous contacts. If you have any questions about our work, please feel free to contact us contact.
Real estate agent for Munich-Laim
- Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Laim.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Laim.
- With us, you can quickly and safely achieve the best possible price for your apartment, house, or plot of land in Munich-Laim.
- 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 overview of real estate prices in Munich Laim!
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 is excellent in Laim. Here, we have graphically illustrated the development of real estate prices in Munich-Laim for apartments and houses for you. This allows you to see at a glance where prices currently stand and how they have developed from 2018 to the present day.
Development of real estate prices for apartments in Munich-Laim from 2018 to 2023
Development of real estate prices for houses in Munich-Laim from 2018 to 2023
Do you want to sell your property in Laim?
Navigating the interest rate dilemma: Interest rates and their impact on investments and the real estate market
Loan interest rates play a crucial role in the decision to purchase real estate. It may be tempting to hope for further falling interest rates, but experts point out that such a development could have an unexpected effect: lower interest rates could actually drive property prices back up. The background is that more favorable credit conditions make the real estate market accessible to a larger number of people, which leads to increased demand and consequently rising prices. The experts' recommendation is therefore not to hesitate and to buy, albeit with a preference for short-term fixed interest periods. This approach offers the opportunity to benefit from potentially lower interest rates during refinancing.
This tactic is clearly resonating with buyers. Evaluations by various credit brokers show that in the recent past, there has been an increased demand for loans with short-term fixed interest rates. This suggests that many consider the current moment to be an optimal time for real estate acquisition and are taking a strategic approach in order to benefit from potential future developments in the interest rate market.
The decision to purchase real estate, whether a condominium, a house, or a plot of land, is influenced by numerous factors. Current market research and expert opinions suggest that it may be advisable for potential buyers to take action now rather than speculate on further price or interest rate reductions.
Distribution of buildings in Munich-Laim
Laim covers a total area of 528.50 hectares. The district is predominantly built up with residential properties. Businesses have only settled near the tracks in the north of Laim.
EFH
MFH
Commercial
Living in Munich-Laim
Originally, Laim was a rural settlement and the old village center is still visible today around St. Ulrich's Church. Laim consists of the districts of Friedenheim and St. Ulrich. To the east, Laim borders on Schwanthalerhöhe and to the west on Pasing. Other districts that border Laim are Sendling-Westpark and Hadern. In the north and south, Laim lies between the railway line and the Lindau A96 motorway.
Laim can be turbulent, mainly along Landsberger Straße and Fürstenrieder Straße. At the same time, the district is quiet, idyllic, and partly village-like, which makes Laim very attractive for many buyers and tenants. On the one hand, Munich-Laim is home to cooperative apartment buildings, while on the other hand, modern multi-story residential construction can be found here.
Laim is very popular for its beautiful single-family housing estates with terraced houses, semi-detached houses, and villas. In the southwest of Laim, houses from the Gründerzeit era are predominantly found. In the north of this area, there is a small-house terraced estate with beautiful facades and small gardens.
Laim owes the creation of its settlement to the world-renowned architect Theodor Fischer. With the construction crafts settlement in 1910, he created one of the first terraced housing estates in the world.
A brief look into the history of Laim
The history of Laim can be traced back to the year 1050, when Laim is first mentioned in a document. The name of the district is derived from the clayey soil, although one could by far not extract as much clay in Laim as on the high banks of the Isar.
Laim was a small farming village for many centuries, but at the end of the 19th century, the district developed into a metropolitan neighborhood. The railroad line and the Laim marshalling yard contributed to this.
Several worker housing estates were built in the originally small farming village, but this belongs to the past. Today, Laim is predominantly inhabited by employed white-collar workers and civil servants.
Significant structures and buildings in Laim
Laim is home to several historic villas built by the formerly affluent upper middle class, such as the impressive Ballauf Villa on Laimer Anger.
Swiss country house style can be admired at Villa Wallach, located at Perhamerstraße 31. The former noble residence at Agnes-Bernauer-Straße 112 – the Laimer Schlössl – is also characterized by outstanding architecture.
The impressive school building at the corner of Fürstenrieder Straße and Agnes-Bernauer Straße is one of Laim's architectural landmarks, and many magnificent residential buildings can be admired around Laimer Agricolaplatz.
Infrastructure & Transport Connections
Apart from the Laim S-Bahn station, the district is perfectly connected to the public transport network by three underground stations (Westendstraße, Laimer Platz, Friedenheimer Straße).
Two subway lines (lines U4 and U5) connect Laim with other districts. There are also several bus connections and a tram line that runs from Pasing via Laim to the city center. The Lindau A96 freeway and the A99 ring road help relieve traffic in the district and ensure that you can get anywhere quickly.
Fürstenrieder Straße, Landsberger Straße, Agnes-Bernauer-Straße, as well as Zschokke- and Gotthardstraße, are among the important and heavily trafficked streets in Laim.
Education & Work
Families really enjoy living in Laim. Among other things, this is due to the good educational opportunities. Several day nurseries, kindergartens, primary schools, secondary modern schools, regular secondary schools, and a grammar school are available in Laim.
Additionally, the private business school Munich Business School is located on Elsenheimerstraße in Laim, which has been educating young people to become managers since 1991.
Many jobs in Laim used to be provided by Europe's largest marshalling yard. When it was decommissioned in the 1990s, these jobs were lost.
Today, the service sector is predominantly represented. Most companies are located along Landsberger Straße. Around 1,500 people, mostly bank employees, work on the south side of the station in the so-called Laimer Würfel.
Shopping
The shops in Laim don't have it so easy, because the tram ride to the city center only takes a few minutes.
The Pasing Arcaden with their diverse shopping options are also just a stone's throw away. But of course, all shops for daily needs are available in Laim and offer everything your heart desires.
The Laimer Farmers' Market, which takes place every week on Friday morning on Agnes-Bernauer-Straße, right next to the Agnes-Bernauer-Arkaden, is very popular.
The Schmidhofer bakery and confectionery at Fürstenrieder Straße 92 provides its customers with a very large and delicious selection of baked goods. Many appreciate that the Schmidhofers bake everything themselves. Unfortunately, that is no longer a matter of course these days.
Free time
Cultural Center Interim and the „Neue Rex“. The former Protestant Interim Church was turned into a cultural center. The Bürgertreff Laim association organizes cabaret, theater, music, small-scale art, and civic events here.
In addition, the only cinema in the neighborhood, the „Neue Rex“, offers a great deal of entertainment.
The Laim City Library, with its lovely reading garden and inviting interior design, is a well-frequented place. Several courses are offered here in cooperation with the adult education center. In addition, exhibition openings are regularly held here.
Distributed throughout the entire district, there is an excellent selection of restaurants, such as Trattoria Lindengarten, Straunber Wirtshaus, or the Greek tavern Elia. The extremely popular dining establishment at Camerloherstraße 82 is known far beyond the borders of Laim. In the open kitchen, regionally produced, tasty health food is prepared. It is a cozy place where people can catch up on the latest news.
The Westbad at Weinbergerstraße 11 is located in Pasing, but borders directly on Laim. Here you can relax wonderfully in both summer and winter.
The indoor pool, the outdoor pool, a long water slide, a current channel, and the sauna area are equally popular with singles, couples, and families. The residents of Laim are also very pleased with the proximity to the Westpark, which is located in Sendling.
Those who live in Laim appreciate the proximity to the various excursion destinations in the surrounding area with numerous lakes, plenty of nature, and a diverse range of leisure activities.
Social structure in Munich-Laim
Laim has a total of 55,374 inhabitants.
Purchase price index: 131.0
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighborhoods adjacent to Laim
Would you like to find out what purchase prices are being achieved in the Laim area? Here we have compiled further real estate market reports for you that explain the events on the real estate market in detail. Learn more about the sale of condominiums, houses, and plots of land in the following districts.
Contact your real estate agent for Munich Laim
Are you thinking about selling your property in Munich-Laim? We would be very glad to hear from you! You are welcome to contact us by phone – 089 089 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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