The real estate market in Munich-Thalkirchen
Real estate prices in Munich-Thalkirchen have risen in recent years. This is due, among other things, to the scarcity of available properties on the market, not only in the district itself, but in Munich in general.
Real estate sales and property prices in Thalkirchen
Looking at the price development since 2014, an increase in prices of 86 percent can be observed for condominiums, while houses in Munich-Thalkirchen have seen an average increase of approximately 71 percent. „At the end of 2023, real estate prices for houses in Thalkirchen were EUR 8,740/m². For condominiums, the purchase prices were EUR 8,200/m², keeping in mind that this is an average price. When evaluating the property, both the micro-location and the macro-location have a decisive influence.
Thalkirchen is generally one of the desirable districts, but within the district, real estate prices can vary greatly. Current demand in relation to supply must also be taken into account to determine which properties are currently in demand and to what extent in terms of living space, number of rooms, etc., says real estate agent Katerina Rogers of Rogers Immobilien. Determining the right price when selling a property is of crucial importance. Many factors play a role here. Location is of fundamental importance and must be evaluated individually for each property, says Rogers, the real estate agent for Munich-Thalkirchen.
What is your property in Munich-Thalkirchen worth?
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Sold properties in Thalkirchen
Enclosed, we provide you with an overview of real estate sales in Munich-Thalkirchen. The information is based on data compiled by the Committee of Valuation Experts for Property Values in the state capital of Munich. Real estate is generally in high demand in Munich. Because Thalkirchen is considered a highly sought-after real estate location within Munich, demand here is particularly high.
In Thalkirchen, a total of 4 plots of land for individual residential construction with an area of 0.4 ha were sold. The total purchase price was EUR 14 million. In addition, two plots of land for multi-story residential construction were sold in Thalkirchen. The sold area was 0.1 ha and the total purchase price was EUR 11.00 million.
Sale of the residential building plots
Quantity: 4
Revenue: EUR 14 million
Area: 0.4 ha
Sale of the multi-family residential building plots
Quantity: 2
Revenue: 11.0
Area: 0.1 ha
There was brisk construction activity in Thalkirchen. A total of 40 newly built apartments were sold for a total revenue of EUR 33 million. In the market for pre-owned condominiums, a total of 192 properties changed hands. The purchase price achieved was EUR 105 million.
Sold new construction properties
Quantity: 40
Revenue: EUR 33 million
Resold items
Quantity: 192
Revenue: EUR 105 million
Due to the type of development—predominantly apartment buildings—in Munich-Thalkirchen, the figures for the sale of single-family homes were not very high. A total of 15 single-family homes with an area of 0.5 ha were sold. The total turnover was EUR 26.6 million. As for the apartment building market, the sale of 3 apartment buildings was notarized in Thalkirchen. The area sold was 0.8 ha and the total real estate price was EUR 42.5 million.
Sold single-family homes
Quantity: 15
Revenue: EUR 26.6 million
Area: 0.5 ha
Sold apartment buildings
Quantity: 3
Revenue: EUR 42.5 million
Area: 0.8 ha
The records include sales that were made both privately and through real estate brokers. For several years now, a very sharp upward trend in real estate prices has also been visible in Thalkirchen. This affects plots of land, houses, and condominiums, regardless of whether they are new construction projects or existing properties. Since land prices have risen significantly, this is reflected in the new construction projects.
We as Real estate agent for Munich Thalkirchen look forward to working for you. If you have any questions about our work, please feel free to contact us. contact.
Real estate agent for Munich-Thalkirchen
- Since 2004, we have successfully brokered plots of land, houses, and condominiums in Munich-Thalkirchen.
- We offer individualized and personalized advice.
- Take advantage of our market knowledge in Thalkirchen.
- With us, you can quickly and securely achieve the best possible price for your apartment, house, or plot of land in Munich-Thalkirchen.
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Clear overview of real estate prices in Munich-Thalkirchen
Many investors prefer investing in real estate in the economically strong location of Munich. The demand for apartment buildings, resale condominiums, new construction properties, and plots of land is excellent in Thalkirchen. Here, we have graphically illustrated the development of real estate prices in Munich Thalkirchen 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 day. The percentage increase refers to the year 2017.
Development of real estate prices for apartments in Munich-Thalkirchen since 2018
Development of real estate prices for houses in Munich-Thalkirchen since 2018
Do you want to sell your property in Thalkirchen?
Distribution of buildings in Munich-Thalkirchen
EFH
MFH
Commercial
Living in Munich's green recreation area: Thalkirchen
Thalkirchen is a very popular district in the south of Munich and, with the Isar floodplains, is considered a top recreational area and the green lung of the city. The supply of condominiums is limited, especially in the Isargärten, as this district is one of the most sought-after residential areas in Munich.
The best residential areas are the Prinz-Ludwigs-Höhe villa district and, as already mentioned, the Isargärten, which extend around Maria-Einsiedel-Straße. Of course, the district not only features luxury residential complexes and villas, but also a long-established apartment building stock.
Characteristic here are the apartment complexes on the square of the same name, Thalkirchner Platz, which were built in the 1920s style with muntin windows, dormers, loggias, and chimneys, as well as the monotonous white giant complex of the 1970s-style residential high-rise on the Isar Canal. In addition to a location in a green park and a good quality of living, the residents also enjoy a fantastic view.
People love coming to Thalkirchen for swimming, cycling, running, walking, and barbecuing. Thalkirchen is one of Munich's most beautiful neighborhoods.
Together with Obersendling, Forstenried, Fürstenried, and Solln, Thalkirchen forms Munich's 19th municipal borough, which can be reached via the A 95 motorway and the B 11 federal highway. All districts of the 19th borough have their own subway connection served by the U3 line, and the S7, S20, and S27 suburban train lines also serve this route.
Thalkirchen is also one of the oldest settlements in the south of Munich and is of great importance to the entire city as a recreation area due to the renatured Isar river with the raft slide, the Flaucher, and its proximity to the famous Hellabrunn Zoo. The pretty Maria Thalkirchen church, the Maria Einsiedel natural outdoor pool, the Hinterbrühl Lake with its park, and the Prinz-Ludwig-Höhe with its magnificent villa colony are also among the popular excursion destinations. In addition, this Munich neighborhood gem features a large campsite, a golf course, countless various places to stop for food and drink, and diverse kayaking clubs. Furthermore, in the northern Isar district of the 19th borough, there are two renowned clinics, an internal medicine center, and a surgical specialist center.
Thalkirchen, where it's green, so green, with painter's corners, villas, penthouses, Isar meadows, and raft landing stage – a universally coveted, picturesque idyll that comes with a corresponding price tag!
Social structure in Munich-Thalkirchen
Thalkirchen has around 13,900 residents, with an average age of 42. About 3,980 people live here per square kilometer of total area.
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighboring districts of Thalkirchen
Would you like to find out what purchase prices are being achieved in the Thalkirchen 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 apartments, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Thalkirchen
Are you thinking of selling your property in Munich-Thalkirchen? We look forward to hearing from you! Do not hesitate to contact us by phone at 089 70065020 or send us a message via our contact form. We are always ready to help you with any questions or concerns.
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