German property markets at a glance

Property investment in München

Munich is Germany's most expensive and most stable housing market. Yields are low, but vacancy and price volatility have historically been minimal — the classic capital-preservation market.

Key figures

Price
9.200 €/m²
Gross yield
2.9 %
Appreciation p.a.
+3 %
Renter share
74 %
Demand
high
Price trend
↑ rising
Population
1.5 Mio.

Why invest here

  • ✓The lowest vacancy rate among Germany's major cities
  • ✓Home to BMW, Siemens, Allianz and a strong tech cluster
  • ✓Germany's highest-income tenant base

Who rents here

Corporate employees, engineers, research staff and international professionals.

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Other markets

Indicative benchmarks (2025/26) for orientation. Gross yield before costs. Not investment advice and not a promise of return.

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