PROGEDO presents Munich

10 places in Munich where the whole world visits

Munich is quite cosmopolitan and liberal in its own way and you can sample the whole world in Munich. We present 10 special places where the wide world is waiting for you next door: from the Egyptian Museum to the Japanese teahouse and from the English Garden to the French Quarter.

USA
America is located on Karolinenplatz. For everyone who thinks that the United States and Canada are more than just Coca-Cola, American Football and skyscrapers, this is the epicenter of North American culture: English-language library, readings and theatrical performances, and much more.

Netherlands
You can find the “Oranjes” to the English Garden. This cozy residential area in the borough of Schwabing is also known as Dutch Quarter in common parlance and demonstrates its connection to the Benelux countries with street names such as Brüsseler, Brabanter, Luxemburger and Hollandstraße.

Greece
The elaborate building of this mock-Athens on the Isar were inspired by the architecture of antiquity. The Propylaea were commissioned to commemorate the accession to the Greek throne of King Otto, who was the younger son of King Ludwig I and thus a Bavarian prince.

Egypt
If you want to discover the treasures of Ancient Egypt, you can travel to Cairo or simply visit the State Museum of Egyptian Art in Munich. On just under 20,000 ft² there are 5,000 years of art on display. Also worth mentioning is the stunning architecture of the museum itself.

France
Weißenburger Platz, Bordeauxplatz, Lothringer- and Metzstraße: not only do the streets bear French place names, but the architectural and culinary style in this neighborhood also evoke the flair of Paris.

England
The English Garden has little to do with England. It doesn’t even rain nearly enough… The name comes from the craze for English landscaped garden style parks which were all the rage in the late 18^th century. The effect is the semblance of unspoiled nature although every acre is carefully curated.

Thailand and Nepal
The Far East, really close: The Nepali pagoda and the Thai sala with its Buddha figure are the greatest attractions of the popular Westpark. Here you will find peace and quiet – unless it’s time for the lively celebrations of Vesak (Buddha Day).

Italy
It’s old hat that Munich is the northernmost city of Italy. There are innumerably many ristorante, pizzerie and alimentari. Enjoy dolce vita and a glass or two of vino in Schwabing on the steps of St Ursula or on Gärtnerplatz.

Japan

The Far East, really close (pt. 2): in the Japanese teahouse in the English Garden you can regularly witness a traditional tea ceremony and the annual Japan Festival. The teahouse, protected by a moat, was a gift by Munich’s sister city Sapporo in 1972.

Spain
The Instituto Cervantes has been calling the Munich Residenz its home since 1994. The ancient seat of Bavaria’s kings is now the very place from which the enthusiasm for the Spanish language and culture emanates into the world. This year will see the celebrations of the 400^th anniversary of the death of Miguel de Cervantes, the great national poet and auther of Don Quijote.

Property market Munich

Munich, the metropolis with a heart…

…is also known as the northernmost city of Italy because of the lifestyle of its inhabitants, the beauty of its architecture, and the Mediterranean atmosphere that abounds in Munich. With roughly 1.5 million inhabitants, Munich is the third biggest city in Germany after Berlin and Hamburg. Munich is famous for its Oktoberfest, which takes place every year in September (!) and attracts millions of visitors from all over the world.

The most expensive rents in Germany
Munich is also known for the highest price levels when it comes to apartment rents in all of Germany. According to the local rental index for Munich (as of June 2015), the average price per square meter is 17.10 euros while nationwide the average rent per square meter is just 7.10 euros (as of May 2015). The economic prosperity of Munich leads to a rapidly growing influx of new inhabitants and this in turn causes the housing market to teeter on the brink of collapse.

The Munich housing market remains very strained.

Property prices have scaled new record heights and rents, too, continue to soar. By now the price hikes have reached even suburbs like Neuperlach, Feldmoching, Trudering and Aubing, which used to be less affected by the general trend.

Among the best residential neighborhoods in Munich are Bogenhausen, Schwabing, Maxvorstadt, Altstadt-Lehel, Neuhausen-Nymphenburg and Solln in the southern periphery of Munich. In these popular residential areas, the rents excluding heating and other expenses range from 15 to 20 euros per square meter. There are hardly any apartments in historical buildings on the market and the rents for the few that are available average 17 euros per square meter.

The neighborhoods around the two international schools – MIS (Munich International School) in Starnberg (southwest of Munich) and BIS (Bavarian International School) in Haimhausen (northwest of Munich) are especially popular with expatriate families. The number of houses and apartments available in these neighborhoods is very limited at all times and the rents are rather expensive, ranging from about 15 to 22 euros per square meter exclusive of heating and other expenses.