Real Estate in Munich, Germany

Last updated on Jul 05, 2023

Summary: The most desirable neighborhoods in Munich, Germany are Schwabing, Bogenhausen, and Maxvorstadt. The average cost to buy a nice 2 bedroom home in Munich is around $500,000 USD, and a nice 3 bedroom home is around $700,000 USD. These properties typically include modern amenities such as updated kitchens, bathrooms, and living spaces. Foreigners are allowed to purchase property in Munich, however, they must obtain a residence permit from the local authorities. When searching for a home to buy in Munich, an expat should consider their budget, desired location, and amenities. It is also important to research the local real estate market and consult with a real estate agent who is familiar with the area. Additionally, expats should consider the cost of living in Munich, and the availability of public transportation.

How do I find a place to live in Munich?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Munich is to use online resources such as websites and apps. Popular websites such as ImmobilienScout24, WG-Gesucht, and Immowelt are great for finding apartments, houses, and rooms for rent. Additionally, there are many apps such as Nestpick, Spotahome, and Roomster that can help you find a place to live in Munich. It is also possible to find a place to live through local newspapers, real estate agents, and word of mouth," explained one person living in Munich, Germany.

"Live near my wife's work, so the commute is walk-able, 1 mile, even in winter. We are on the subway line so city center is 15 minutes away. Used an online search to find it," said one expat in Munich.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.