Munich: Villa in Bogenhausen breaks record with 47.2 million euros!
Munich: Villa in Bogenhausen breaks record with 47.2 million euros!
Bogenhausen, Deutschland - In Munich, the real estate market remains a hot topic. A few days ago, a villa in Bogenhausen was sold for a proud 47.2 million euros. This set a new record for single -family houses in the Bavarian capital. However, the buyer is unknown, while the seller is a local real estate entrepreneur who has obviously did a good business with this deal. This villa is granted not only because of its price, but also because of its first -class location in the northeast of the city, probably in the duke park. The purchase price for the inventory of the villa was also 1.5 million euros, which shows that not only the building itself, but also the equipment is a lot of value, reports T-Online .
But the 47.2 million euros are not the only highlight on the Munich real estate market. According to a recent report by Tz there are also other impressive sales figures that are also used for inflation in the luxury segment indicate. A building plot in the northeast of the city was sold, for example, for an incredible 13,800 euros per square meter, and a 380 square meter new apartment in the old town achieved a price of 18 million euros. That is almost 47,500 euros per square meter - you can only be amazed! At the same time, the prices for existing apartments in Isarvorstadt and other properties are breathtaking. An apartment there changed the owner for 10 million euros, which corresponds to a square meter price of 62,500 euros.
market development and price trends
An analysis of the market development shows that despite these record sales, the prices for land, apartments and houses in Munich have dropped as a whole. According to the city real estate market report in 2024, prices dropped on average by two to twelve percent. It is particularly striking that the prices for new construction apartments in coveted locations fell by about 7 % compared to the previous year. The average price for a 73 square meter apartment in less sought-after locations is 10,050 euros per square meter, while an apartment in a good location comes to around 11,450 euros per square meter, such as reported.
Nevertheless, one should not forget the dynamic demand that shapes the Munich real estate market. The development is supported by a persistent interest in luxury properties. Klaus-Michael Kühne, for example, bought 320 rental apartments on the site of the former Paulaner brewery for 265 million euros and thus sets a new standard for apartment investments in Munich.
conclusion about the real estate situation
In summary, it can be seen that the Munich real estate market shows both strong price increases in certain segments and falling average prices. While the records of luxury objects set new standards, other areas of the market feel the pressure and the development of prices show a clear tendency to adapt. It remains to be seen whether future investments in Munich will actually be based at the amount of over 47 million euros of a single -family house.| Details | |
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| Ort | Bogenhausen, Deutschland |
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