PROGEDO presents: Munich
At 10 locations in Munich, the whole world is close at hand
Munich is not only cosmopolitan, it's also a great place to discover the world. There are 10 places where Munich is so close to the world: from the Egyptian Museum to the Japanese Teahouse and from the English Garden to the French Quarter.
USA
America is located at Karolinenplatz. For those who understand the USA and Canada as more than Coca-Cola, American football, and skyscrapers, this is the embassy of North American culture: a library, English-language readings and theater performances, and much more.
Holland
The Oranjes are located right next to the English Garden: the cozy residential area in Schwabing, popularly known as the “Dutch Quarter,” marks its connection with the Benelux with Brussels, Brabanter, Luxemburger, and Hollandstraße streets.
Greece
The buildings of Ludwig's Isar-Athens on Königsplatz are modeled on antiquity. The Propylaea has more than a hint of the Acropolis.
Egypt
The 1,800 m² State Museum saves visitors the trip to Cairo if they want to discover the treasures of the Nile. 5,000 years lie at their feet, and the building's architecture is also impressive.
France
Weißenburger Platz, Bordeauxplatz, Lothringer- and Metzstraße: These are the coordinates where not only the streets have French names, but also the cuisine and architecture immediately make you think of Paris.
England
The English Garden has nothing to do with England. It doesn't rain enough for that... However, the English park style reigns here: tamed nature, shaped by human hands, but with a natural experience in its effect.
Thailand and Nepal
The Far East is close at hand: The Nepalese pagoda and the Thai sala with its Buddha statue are highlights of the popular West Park. Here, you'll find exotic serenity, unless the Vesakh festival is being celebrated.
Italy
It's been said that Munich is Italy's northernmost city for a long time. The restaurants, trattorias, pizzerias, and alimentari in Munich are countless. Bella Italia and Dolce Vita can be found in Schwabing, on the steps of St. Ursula's Church, or sipping wine on Gärtnerplatz.
Japan
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The Far East is just around the corner: The teahouse in the English garden regularly hosts the Japanese tea ceremony and the annual Japan Festival. This gift from the twin city of Sapporo has radiated its majesty since 1972, protected by a moat.
Spain
The Instituto Cervantes has been based in Munich's Residenz palace since 1994. From the seat of the Bavarian kings, enthusiasm for the Spanish language and culture now spreads throughout the world. This year marks the 400th anniversary of the death of the great national poet Cervantes, who created the unforgettable Don Quixote.
Munich real estate market
Munich, the cosmopolitan city with heart…
...is often called Italy's northernmost city, due to the lifestyle of its people, the beauty of its buildings, and Munich's southern flair. With 1.5 million inhabitants, Munich is the third-largest city in Germany after Berlin and Hamburg. Munich is known worldwide for its annual Oktoberfest, which takes place in September and attracts millions of international visitors.
The highest rents in Germany
Munich is also known for having the highest rental prices in Germany. According to the Munich rental index (June 2015), the average rental price in Munich is €17.10 per square meter. For comparison, the average rental price in Germany is €7.10 per square meter according to the rental index (May 2015). Munich's favorable economic situation is leading to a rapidly growing influx of residents and, as a result, a very tight housing market.
The real estate market in Munich remains very tense.
Purchase prices have reached record highs. Rents also continue to rise sharply. The price increases have now also reached the outskirts of the city, including districts such as Neuperlach, Feldmoching, Trudering, and Aubing, which had previously been less affected by the price increases.
The best residential areas in Munich include Bogenhausen, Schwabing, Maxvorstadt, Altstadt-Lehel, Neuhausen-Nymphenburg, and Solln on the southern outskirts of Munich. In these desirable residential areas, cold rents range between approximately €15.00 and €20.00 per square meter. The availability of older apartments in these districts is very limited, and cold rents average €17.00.
The area surrounding the two international schools – MIS (Munich International School) in Starnberg (southwest of Munich) and BIS (Bavarian International School) in Haimhausen (northwest of Munich) – is particularly popular with international families. The supply of houses and apartments in this area is very limited and comes with expensive rents, ranging from approximately €15.00 to €22.00 per square meter.