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Munich's rich history: from the monarchy to modernity

Munich, the vibrant metropolis in the heart of Bavaria, is known for its high quality of life, economic strength and cultural diversity. The city offers a multitude of historic buildings, renowned museums and lively cultural events. As a major center for education and research, Munich has numerous universities and research institutes that attract international talent.
Economically, Munich is one of the strongest locations in Germany, with a dynamic mix of traditional companies and innovative start-ups. The housing market in Munich is correspondingly lively, with a high demand for both furnished and unfurnished apartments.

The quality of life in Munich is wonderful thanks to the many green spaces, parks, proximity to the Alps, outdoor activities and recreation in nature.

An overview of Bavaria's capital

In the middle of Bavaria lies Munich, a vibrant city full of history and culture. It is the most important city in the Bavarian part of Germany and loves Bavarian traditions. People here wear traditional clothing such as lederhosen for boys and dirndls for girls. They also enjoy classic Bavarian food such as pretzels, sausages and beer. Munich is a place where old customs meet modern life. You can visit beautiful old buildings, relax in green parks and feel the lively atmosphere all around. Whether you explore historical sights, try tasty Bavarian dishes or simply enjoy the atmosphere, Munich promises an unforgettable experience for everyone.

Munich's festive atmosphere: Oktoberfest

The Oktoberfest in Munich, the largest folk festival in the world, takes place annually on the Theresienwiese and lasts around two weeks. It began in 1810 for the wedding of Ludwig of Bavaria and Princess Therese. Since 1950, the tapping of the barrel with the cry “O’zapft is!” has been a central event. Today, it is mainly associated with beer, with around six million liters consumed during the festival.

Munich: Where tradition and innovation meet in the business world

Munich has a great business environment that attracts large companies such as BMW, Siemens and Allianz, which have their headquarters in the city of Munich. Germany, which is consistently ranked as the best European country for start-ups, sees Munich as a beacon of innovation: 20% of the most successful start-ups have chosen the Bavarian capital. With a dynamic mix of established industry leaders and up-and-coming start-ups, Munich is a vibrant center of economic prosperity.

Munich's green oasis: the English Garden

The English Garden in Munich is a 900-hectare city park that stretches for 5.5 kilometers and connects the Isar floodplains with the old town. Highlights include the Monopteros with its view, the Eisbach wave for surfers, the Japanese teahouse and Kleinhesseloher Lake. Visitors can picnic, play sports or take a romantic carriage ride. The Eisbachwelle has been attracting surfers for over 40 years. In winter, Kleinhesseloher See offers cross-country skiing and ice skating. Events such as the Kocherlball, the Christmas market and the beer garden at the Chinese Tower add to the park’s charm.

Munich real estate market

The housing market in Munich remains tight, with real estate prices rising steadily since 2010, driven by low interest rates and investment interest. Despite the high prices, the city’s popularity has not waned, leading to a continuous rise in prices. Rental prices of around €20/m2 for first-time lettings are common in prime areas and can be even higher in the city center. Purchase prices are rising even faster, with annual growth rates of 5-10%. Munich apartments continue to be sought-after investment properties, with location having a significant influence on prices. However, there are no signs that the situation will ease in the near future as long as demand remains high and prices remain acceptable.

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Our favorite districts:

Munich, known for its high quality of life, offers a variety of neighborhoods, each with its own charm and appeal. Here are some of the best neighborhoods in Munich:

  • Altstadt-Lehel: The historic heart of Munich with its cultural attractions such as Marienplatz, Viktualienmarkt and Hofbräuhaus is very lively. It offers upscale shopping and a lively city atmosphere, perfect for those who love history and the center of the action.
  • Schwabing: is a trendy, lively neighborhood with the English Garden, a vibrant nightlife and eclectic cafés and stores. It’s perfect for young professionals, students and anyone who likes an artistic, bohemian atmosphere.
  • Maxvorstadt: is an intellectual neighborhood with renowned museums, universities and charming cafés. It is ideal for students, academics and culture lovers who like a lively, cultural atmosphere.
  • Haidhausen: is a quaint, family-friendly neighborhood with charming streets, traditional beer gardens and the Gasteig cultural center. It offers a relaxed, cosmopolitan atmosphere, ideal for families and expats.

Munich, where the past meets the future. With its famous landmarks, vibrant culture and delicious beer, it is a city that combines tradition and modernity in a unique way.


Author Katharina

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