MUNICH
Munich remains one of the most sought-after cities in Germany for buyers looking to fulfill their dream of exclusive homeownership, according to Kurt Distler, management consultant at RIEDEL, the Christie’s International Real Estate affiliate in Munich. “Following a period of restraint, demand for luxury properties has significantly increased in recent months,” he explains. This demand was reflected in RIEDEL’s portfolio, in which the total number of sales of properties over $1 million increased by 30% in 2024. This trend indicates a potential shift back towards a seller’s market. Currently, though, higher interest rates and slightly tempered price developments still present selective opportunities for negotiations, while rising demand could significantly limit the availability of sought- after properties in prime locations such as Bogenhausen, Lehel, and Nymphenburg, according to Distler. Buyers who prioritize spacious layouts, modern technology, and high-end features should act strategically to capitalize on current market conditions. Properties with sustainable features, high energy efficiency, and a focus on privacy remain highly desirable. Munich continues to be a stable and secure investment, supported by its economic strength and ongoing population growth. The market in 2025 is expected to gain momentum, with buyers who act swiftly likely to secure long- term benefits in a competitive environment.
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