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Real estate prices Neuhausen 2024: Price per square meter for houses and apartments
The real estate market in Munich-Neuhausen
Would you like to get a current overview of property prices in Neuhausen? The real estate market report by Rogers Immobilien provides information on the sale of condominiums, houses, apartment buildings, and plots of land in Munich-Neuhausen.
Development of the real estate market and current real estate prices in Neuhausen
The current price development may not please every owner. If you compare current real estate prices with the prices achieved in the past, you will notice a significant increase. Currently, the average price per square meter for apartments is 8,230 EUR, and for houses, the price per square meter is approx. 12,530 EUR. Depending on the residential location, amenities, and year of construction, there can sometimes be significant deviations in real estate prices in Neuhausen.
Between 2007 and 2009, real estate prices for apartments in Munich-Neuhausen stagnated, but a strong increase has been recorded, especially since 2010. In 2007, the purchase price for a condominium near Rotkreuzplatz averaged around 2,960 EUR per square meter.
Currently, a property costs an average of 8,230 EUR/m², which is an increase of about 78 percent since 2014. Newly built condominiums in Neuhausen cost an average of 12,240 EUR/m². Most apartments and houses in Munich-Neuhausen are offered and brokered by real estate agents.
Real estate prices in Neuhausen: What determines the value development?
Market pricing is shaped by a variety of influences and depends on different factors resulting from the interplay of supply and demand. On the supply side, the availability of land, construction costs, legal framework conditions, and interest rates are crucial. Demand, on the other hand, is influenced by population growth, income levels, the employment situation, interest rates, and the overall economic situation. An increase in population or an upward trend in incomes in Neuhausen generally leads to greater demand for housing, which can result in price increases.
Additionally, overarching factors such as economic developments, political decisions, infrastructure measures, and the attractiveness of the location also affect real estate prices. Together, these factors form a complex network that determines the dynamics of the real estate market. Through the interplay of these diverse influencing variables, both short-term fluctuations and long-term trends in property values in Neuhausen can emerge, making the region equally interesting for investors and residents alike.
What is your property in Munich-Neuhausen worth in 2024?
Do you want the current Market value of your property Want to know? For well-founded property valuations, we are very happy to assist you.
You can best reach us at the telephone number 089 70065020 or write to us.
Our real estate valuation includes for you:
- A high-quality and comprehensive analysis of your property.
- Well-founded real estate valuation including market analysis.
- Ideal for owners, sellers, and buyers.
Purchase prices for real estate in Neuhausen
Demand for property in Neuhausen has risen in recent years. The expert committee recorded the sale of one plot of land for individual residential construction in Neuhausen. The purchase price and the area sold are not published for data protection reasons.
On the multi-family residential land market, three plots of land were sold for a purchase price of EUR 2.9 million. The total area sold was 0.2 ha.
Sale of the residential building plots
Quantity: 1
Revenue: –
Area: –
Sale of the multi-family residential building plots
Quantity: 3
Revenue: EUR 2.9 million
Area: 0.2 ha
New construction apartments in Neuhausen are in excellent demand. Over the past year, a total of 33 newly built apartments were sold for a combined purchase price of 33 million EUR. Regarding the second-hand apartment real estate segment, a total of 254 purchase agreements were notarized and a sales volume of 162 million EUR was achieved.
Sold new construction properties
Quantity: 33
Revenue: EUR 33 million
Resold items
Quantity: 254
Revenue: EUR 162 million
Due to the development in Neuhausen, the number of sold single-family homes is generally lower than the number of sold multi-family houses. The expert committee reports a total of three sold single-family homes with a total turnover of EUR 5.6 million and a total area of 0.1 ha.
A total of 13 properties were sold on the apartment building market. A total volume of EUR 101.7 million was generated from the purchase in Neuhausen, and the area sold was 1.3 hectares.
Sold single-family homes
Quantity: 3
Revenue: EUR 5.6 million
Area: 0.1 ha
Sold apartment buildings
Quantity: 13
Revenue: EUR 101.7 million
Area: 1.3 ha
For several years now, a very strongly rising trend in real estate prices has also been visible in Neuhausen. This affects plots of land, houses, and condominiums, regardless of whether they are new construction projects or existing properties. Since land prices have risen extraordinarily, these are reflected in the new construction projects. We as Real estate agent for Munich-Neuhausen look forward to new offers. If you have any questions about our activities, please feel free to contact us contact.
Real estate agent for Munich-Neuhausen
- Since 2004, we have been successfully brokering apartments, houses, and plots of land in Munich-Neuhausen.
- We offer individualized and personalized advice.
- Benefit from our market knowledge in Neuhausen.
- With us, you can quickly and securely achieve the best possible price for your apartment, house, or property in Munich-Neuhausen.
- 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.
Development of real estate prices in Munich-Neuhausen
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 Neuhausen. Here, we have graphically illustrated the development of real estate prices in Munich-Neuhausen for apartments and houses. This allows you to see at a glance where prices currently stand and how they have developed from 2018 to the present. The percentage increase refers to the year 2017.
Development of apartment prices in Munich-Neuhausen from 2018 to 2024
Development of house prices in Munich-Neuhausen from 2018 to 2024
Do you want to sell your property in Neuhausen?
Limits and Freedoms: The Interaction of Rent Controls and the Real Estate Market
In August 2015, the rent control cap was introduced in Bavaria and thus also in the state capital. However, the Munich Regional Court declared this to be insufficiently justified at the end of 2017, as it was not clearly explained why the Munich housing market should be classified as tight. Following corresponding adjustments by the Bavarian state government, the rent control cap came into force again in August 2019, this time covering the entire city of Munich. But what other options for rent adjustments exist, and under what conditions? Key aspects are examined below.
When re-letting existing properties, the rental price may not exceed the local comparative rent by more than 10 percent, based on the qualified rent index.
Exceptions to the rent cap:
- New buildings There is no upper price limit for the initial letting of newly built apartments. Landlords have the option to independently determine the rents of newly constructed apartments without the restrictions of the rent control cap, in accordance with Section 556f, Sentence 1 of the German Civil Code (BGB). This specifically concerns apartments that are first occupied, rented, and brought to the market after the cut-off date of October 1, 2014, as defined in Section 556g, Paragraph 1a, No. 3 BGB.
- Modernizations: Landlords are permitted to pass on the costs of extensive modernization work (not to be confused with pure maintenance) to tenants to a certain extent. A property is considered „comprehensively modernized“ if the investment reaches at least one-third of the construction costs for a new building, minus the maintenance costs.
- File protection Existing rental agreements do not fall under the rent control. In the case of re-letting, a landlord may keep the previously charged rent, but must prove the rent amount of the previous tenancy.
Permissible rent increases
Within existing tenancy agreements, an adjustment up to the local comparative rent is possible, though limited to a maximum of 15 percent over three years in Munich. This does not apply to rent adjustments due to modernization.
Market developments in the rental housing market
The rental market, especially the new construction sector, is experiencing a sharp rise in rental prices, driven by increased demand for rental properties as a result of rising interest rates and inflation. High-earning professionals from the tech sector in particular, so-called high potentials, are boosting demand in the high-priced rental segment in and around Munich. Both apartments and houses in Neuhausen are affected by this trend.
Advice on rent control and renting
Do you have any questions or need assistance regarding the rent control law? We are at your disposal.
Distribution of buildings in Munich-Neuhausen
EFH
MFH
Commercial
Living in Munich-Neuhausen
Munich-Neuhausen, together with the district of Nymphenburg lying to the west of it, forms Munich's 9th city district. To the east is the inner city fringe of Munich. To the north, the district of Oberwiesenfeld with the large Olympic Park and the Westfriedhof borders Neuhausen. To the south, the railway tracks of the Pasing main station form the border.
Neuhausen used to be a rural village with an unfavorable location. Nothing of that can be felt today. The connection to the A8 motorway and a section of the Mittlerer Ring, as well as the U1 subway line toward the large Olympia-Einkaufs-Zentrum, ensure a good private and public transportation network.
The Donnersbergerbrücke is one of the busiest routes in Europe. Very high traffic volumes are also to be expected along Landshuter Allee.
It took about 500 years for the former village to become a thriving district. Today, many companies, primarily in the trade and services sectors, have settled along Landshuter Allee and Arnulfstraße. In addition, Munich-Neuhausen is home to numerous public and important social institutions.
The cityscape of Munich-Neuhausen is reflected in much old building stock and, on the other hand, modern glass buildings. Here you can find architecture that ranges from its founding to today's modern times. The old Winthir Church is a witness of the former village and the Sacred Heart Church represents modern architecture.
Residential and commercial buildings from the period before the First World War define the cityscape along Nymphenburger Straße and around Rotkreuzplatz. The side streets around the square are quiet and offer plenty of greenery with stately, old-style apartments.
Spacious residential areas with cooperative apartments are located in the Arnulfstraße and Donnersbergerstraße area. Arnulfpark has been created behind the Donnersbergerbrücke, an area with completely new residential and office buildings.
The lively and urban city center of Rotkreuzplatz invites you to stroll, shop, and enjoy yourself at its small stalls or street cafés. Munich-Neuhausen boasts a diverse pub culture anyway.
The proximity to Nymphenburg Palace with its large park, the Hirschgarten, and the Nymphenburg Canal ensures ample recreation whether in summer or winter.
Social structure in Munich-Neuhausen
Munich-Neuhausen is a livable and high-quality district with a wide variety of faces. Approximately 92,000 residents live throughout the district, predominantly possessing a medium to higher level of education. Neuhausen is primarily home to the middle class. Numerous doctors, pharmacies, hospitals, four nursing homes, schools, and daycare centers can be found in the district.
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighboring districts of Neuhausen
Would you like to find out what purchase prices are being achieved in the Neuhausen area? Here we have put together further real estate market reports for you that explain events on the real estate market in detail. Find out more about the sale of apartments, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Neuhausen
Are you thinking about selling your property in Munich-Neuhausen? We look forward to hearing from you! Do not hesitate to call us at 089 70065020 to contact us or send us a message via our contact form. We are always ready to assist you with any questions or concerns.
We look forward to hearing from you
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