Apartments in Munich are profitable and attract investments as real estate prices in Bavaria's capital are constantly on the rise. Munich has also the highest rental rates in the country so real estate can show cumulative yields reaching 23%.
Flats in Munich are the most expensive in Germany. A small studio of 30 sq. m can sell for €5,500/sq m on average. €250,000–400,000 can buy a more spacious two-bedroom apartment in Munich. Buying prices for three-bedroom apartments start at €400,000.
Au-Haidhausen and Bogenhausen are the most expensive districts with apartments for sale at €8,500/sq. m and €8,000/sq. m respectively. Apartments for sale in Munich in the central historic districts of Altstadt-Lehel, Glockenbach and Maxvorstadt are also in demand. The green and respectable Harlaching is a popular borough in the south of Munich with many new residential complexes in forest areas priced at €7,500/sq. m on average.