Der angespannte Immobilienmarkt macht die Wohnungssuche in der bayrischen Landeshauptstadt nicht immer einfach. Eine günstige Wohnung zu finden, scheint manchmal unmöglich. Besonders wer aus einer anderen Stadt nach München zieht, fragt sich, welche Möglichkeiten es gibt. Mr. Lodge gibt Ihnen den Überblick.
Inhaltsverzeichnis
- Wohnung mieten oder kaufen in München?
- Vorteile, eine Wohnung in München zu kaufen
- Wie man in München eine Wohnung kauft
- Finanzielle Aspekte des Wohnungskaufs in München
- Vorteile, eine Wohnung in München zu mieten
- Wenn es schnell gehen muss: Wohnen auf Zeit in München
- Ist es leicht, in München eine Wohnung zu finden?
- FAQ
Um diese Frage zu beantworten, empfiehlt es sich, die marktüblichen Mieten mit den Finanzierungskosten von Kaufimmobilien in München zu vergleichen. Außerdem betrachten wir zusätzlich die Option Wohnen auf Zeit, die notwendig wird, wenn es schnell gehen muss.
Kaufimmobilien sind in München günstiger geworden. Wer sich heute für einen Kauf in München entscheidet, trifft auf etwas günstigere Angebote als in den Vorjahren, da die Preise je nach Segment und Lage 10-20% nachgegeben haben. Jedoch ist die größte Herausforderung, eine geeignete Eigentumswohnung im Stadtbereich Münchens zu finden.
Das Angebot hat sich zuletzt zwar vergrößert, die Erschwinglichkeit ist aber wegen der gestiegenen Finanzierungszinsen immer noch herausfordernd. Für eine gebrauchte Eigentumswohnung bewegt sich der Kaufpreis bei ca. 9.000 Euro auf den Quadratmeter.
Wie sich die Immobilienpreise entwickelt haben, können Sie in unserem Marktbericht für München und Umgebung nachgelesen werden.
Eine Mietwohnung guter durchschnittlicher Qualität in München zu finden, ist aufgrund des geringen Angebots meist nicht leicht und oft ein zeitraubendes Geduldsspiel. Die ausgeschriebenen Mietpreise bewegen sich bei den Nettokaltmieten inzwischen oft bei mindestens 20,- Euro pro Quadratmeter.
If you want to use the apartment yourself, you benefit from the following:
- Sustainable investment: Munich is a city with a high quality of life. It offers a good infrastructure, green parks, cultural attractions, a diverse gastronomic scene and an attractive business location. A condominium is therefore a good investment in an attractive real estate market.
- Reducing dependencies in the rental market: Anyone who owns a condominium in Munich is not exposed to the increasingly expensive Munich rental market. In a condominium, you can also help shape upcoming energy decisions.
- Flexibility: If you no longer live in the apartment yourself, you can rent it out easily. The resale prospects will also remain at a comparatively high level despite the current fall in prices.
If you would like to buy an apartment as an investment in Munich, you have the following advantages:
- Value appreciation: Even though property prices have fallen recently, the real estate market in Munich is known for its long-term value retention. This is due to the high demand for living space and the limited supply. If you buy an apartment in Munich, you therefore have a good chance of seeing a return on your investment. Now that purchase prices are lower, there are good opportunities to find a suitable investment property.
- Stable rental opportunities: Munich has a high demand for rental apartments due to the large number of workers, students and continuing immigration.
- Attractive yields: Due to high rental demand and appreciation, apartments in Munich can provide good yields.
- Long-term stability: Munich is an attractive business location and has a solid labor market structure. The city is home to many large companies, including international corporations, and thus offers good economic stability. This contributes to the general stability of the real estate market and increases the attractiveness of apartments as a long-term investment.
Es ist jedoch wichtig zu beachten, dass der Immobilienmarkt in München auch einige Herausforderungen mit sich bringt. Es kann schwierig sein, eine geeignete Wohnung zu finden. Deshalb ist es ratsam, sich vor einem Wohnungskauf gründlich über den Markt zu informieren. Wir von Mr. Lodge sind durch unsere langjährige Tätigkeit bestens mit dem Münchner Immobilienmarkt vertraut und wissen, wann sich eine Wohnung zur Selbstnutzung oder als Investment lohnt.
Clarify financing
Before you set out to find an apartment in Munich, you should first assess your financial situation and make sure that you have sufficient equity or a suitable financing option.
Check your credit score to determine how much you can afford and what your budget is. Consider not only the purchase price, but also the ancillary costs of the property as well as incidental purchase costs such as land transfer tax, notary and estate agent fees. This is a decisive factor, especially in the Munich real estate market.
Let a financing expert advise you on this. We at Mr. Lodge can recommend independent financing experts to you. Once all the general conditions have been clarified, have your lending institution issue you with a financing confirmation. Sellers will then see that you are serious.
Viewing
You can then start your search. If you find an apartment in Munich that matches your search criteria and your budget, arrange viewing appointments with the estate agent or owner. Take your time: on the one hand in advance to think about critical questions, on the other hand during the viewing itself to take a close look at everything. Don't just look at the apartment, but also at the condition of the building.
Due diligence: due diligence
As soon as you have found an apartment that meets your requirements, you should carry out what is known as due diligence. Check the legal and financial aspects, such as land register excerpts, ownership structure, building permits and any encumbrances on the property. This is particularly important for real estate investments. It may be advisable to consult a lawyer or notary to assist you with this process.
Purchase contract
If you are satisfied with the results of the due diligence, you can have the purchase contract for the apartment checked. The purchase contract should include all relevant conditions, prices, payment terms and legal provisions. Again, it is advisable to consult a lawyer or notary to review the contract and protect your interests.
Conclude financing
Even before the purchase contract is signed, you need to finalize the financing. If necessary, make sure you have the required financing documents and conclude the loan agreement with your bank.
Handover and transfer of ownership
As soon as the notary appointment and transfer of ownership have been completed, a handover date will be agreed. The handover, when you receive the keys to the apartment, completes the purchase process. Make sure that all agreements in the handover process are fulfilled.
Financial aspects of buying a home in Munich
When financing an apartment in Munich, there are several aspects you should pay attention to:
Equity
It is advisable to have sufficient equity before you finance an apartment in Munich. A high equity ratio can help you to obtain more favorable loan conditions and reduce the risk. As a rule, it is recommended that you contribute at least 20 percent of the purchase price as equity.
Budget planning
Make sure you plan your budget thoroughly and take your financial capacity into account. Consider not only the monthly mortgage payment, but also other associated costs such as interest, repayments, service charges, maintenance and insurance.
Compare mortgages and offers
Carry out a comparison of the various mortgage interest rates and conditions. Examine the offers from various banks and financial institutions to obtain the best possible conditions. Pay attention to the APR, the term, the repayment options and any fees or ancillary costs.
Financing confirmation
Before you buy a home, it is advisable to obtain a financing confirmation from your bank or financial institution. This confirmation shows sellers that you have sufficient funds to complete the purchase. This can help you to strengthen your negotiating position and speed up the purchase process.
Interest rate development
Pay attention to current interest rate trends and possible changes in the future. We are currently experiencing how interest rates can change over time. You can opt for a fixed interest rate, which keeps interest rates constant over the entire term of the loan, or a variable interest rate, which adjusts to the market. In the case of very high interest rates, this can be a good way to save money when interest rates go down again. However, you should always keep an eye on interest rate developments. For example, if it becomes apparent that interest rates will rise, it is advisable to switch to a fixed interest rate beforehand. However, you should always seek advice on this from an independent financing expert.
Subsidy programs
Find out about possible subsidy programs or support for buying a home in Munich. There are various government programs that promote the purchase of residential property, such as the KfW subsidy. Check whether you are eligible for such programs and what advantages they offer.
Advantages of renting an apartment in Munich
Anyone who is currently unable to buy an apartment in Munich due to the high financial burden will turn to the rental market.
As a rule of thumb, if the monthly installment minus repayments is significantly higher than the monthly rent, it makes more sense to rent an apartment in Munich than to buy one.
In a dynamic market phase coupled with a high purchase price level, as is currently the case in Munich, many property seekers decide to opt for a rental apartment until either sufficient equity has been saved or the affordability of properties for sale has improved.
The temporary living model then offers clear advantages to high earners, because furnished apartments with a fixed-term tenancy agreement are available more quickly than unfurnished apartments with open-ended tenancies.
When time is of the essence: Temporary living in Munich
Temporary rental offers are not linked to the Munich rent index. This is why the prices per square meter are higher here compared to permanent tenancies.
In addition, the apartments are already equipped with everything you need to move in straight away.
This is a great advantage, especially for people who are moving to Munich and do not have enough time for an intensive apartment search. They can get to know the city and decide on their favorite location at a later date.
Once they have found their new home, they can then take their time to look for an apartment that meets their needs and requirements.
Hinweis: Die veröffentlichten Bewertungen stammen von Drittportalen. Ob sie von echten Kunden von Mr. Lodge GmbH stammen, kann nicht sichergestellt werden, da sie teilweise unter Pseudonym hinterlassen werden.
The city is experiencing a steady influx. Both internationally and throughout Germany, Munich is a sought-after place to live and work. As a result, demand for real estate has outstripped supply on the market for years. This is particularly true in the rental market. For this reason, it is really difficult to find an apartment in Munich. Even if, objectively speaking, an applicant meets all the criteria, they still have to compete with almost 100 other applicants.
Many vacant apartments are passed on under the table and do not even find their way onto public real estate portals. Landlords who offer their property in this way often remove it from the platform after a short time: the flood of interested parties is simply too great.
If the property seeker is also under time pressure to find a suitable property - possibly even in a certain neighborhood - this is considered an almost unmanageable challenge in Munich.
Suggestions on how to find a home in Munich:
- Create a search profile with major Munich real estate houses like Mr. Lodge. This way, you will be the first to find out about apartments that are tailored to your needs
- Get active and put up notices with your apartment search on the notice boards of supermarkets, bakeries, butchers or simply on advertising pillars throughout the city or in your preferred neighborhood. Ideally with contact details that you can simply tear off and take home with you.
- Advertise in local newspapers and place ads in magazines that suit you and your lifestyle.
- Real estate portals such as IS 24 or ebay are important platforms for your search.
- Buy shares in housing cooperatives. Although an initial investment is necessary here, the apartments are usually affordable and most of them are in good condition. There are no notices of termination for personal use here.
- Get in touch with property management companies. You may be lucky and there may be a vacant apartment somewhere that has not yet been let!
- Use the possibilities of social media. Publicize your search on Facebook, Instagram, Twitch, Xing and LinkedIn.
- Gather all the necessary documents well before the viewing appointment. The employment contract, the last three salary statements, a copy of your ID card, a current SCHUFA statement and a form that provides information about yourself, including your job title, home address and hobbies.
- Prepare your application documents in such a way that your portfolio immediately catches the eye and gives you a competitive advantage. How about an application folder in red with a professional picture as an eye-catcher?
- Prepare logical arguments as to why exactly you are the ideal tenant for the property and make sure you talk to the landlord.
- Offer to pay the rent for a few months in advance if you win the bid for the apartment. This signals solvency to the landlord.
- Do not try to negotiate the rent with the landlord. Demand determines the price and this is unbroken. There are enough prospective tenants who will pay the advertised price without batting an eyelid, plus the estate agent's commission and the purchase of permanently installed interior fittings.
- Enlarge the catchment area where you are looking. Maybe it doesn't necessarily have to be the Glockenbachviertel, perhaps Ismaning can also meet your requirements!
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Wie schwer ist es, in München eine Wohnung zu finden?
In München eine Wohnung zu finden, die gefällt und bezahlbar erscheint, ist herausfordernd, aber findbar. Genau genommen ist der Mietmarkt der Landeshauptstadt einer der härtesten in der Bundesrepublik Deutschland. Nur Metropolen wie Berlin, Hamburg und Frankfurt spielen hier in derselben Liga, wenn es darum geht, eine Wohnung zu finden. Der Markt ist leergefegt. Neubauten haben ihren Preis. Selbst mit allen notwendigen Dokumenten gelingt es oft nicht, zeitnah eine Wohnung zu finden.
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Wie kann man eine Wohnung finden in München?
Wie überall auf der Welt sind Kontakte bei der Wohnungssuche goldwert. Auch das Ausweichen auf nicht so angesagte Stadtteile kann helfen, eine geeignete Bleibe zu finden. Sicherlich ist die Wohnungssuche in Maxvorstadt schwieriger als in Obermenzing. Selbstredend sind Dokumente, welche die Solvenz des Suchenden dokumentieren, hilfreich beim Suchen einer Wohnung. Auch Statussymbole bei der Besichtigung des Wunschobjekts sind – in Maßen verwendet – geeignet, um schneller an seine Traumwohnung zu kommen. Generell bietet sich, besonders bei wenig Zeit zur Wohnungssuche oder dem Wunsch zeitnah eine Wohnung zu finden, das Einschalten eines Maklers zur Suche an. Je besser sein Netzwerk, desto schneller haben Sie bei der Wohnungssuche Erfolg. Alternativ bietet sich möbliertes Wohnen an. Hier können Sie unkompliziert in eine Wohnung in Ihrer Wunschgegend einziehen, die Wohnung ist bereits mit allem ausgestattet, was Sie sich erträumen. Diese vorübergehende Bleibe taugt bestens, um dann in aller Ruhe nach der passenden Wohnung in gewünschter Wohnlage zu suchen.
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Wie teuer sind die Wohnungen in München?
Der durchschnittliche Preis pro Quadratmeter variiert innerhalb der Stadt enorm. Je nach Lage, Ausstattung und Zustand zahlen Mietinteressenten in München unterschiedlich viel pro Quadratmeter. Möchte man einen Durchschnittswert, so hilft der Mietspiegel der Stadt aus dem Jahre 2023. Anhand einer repräsentativen Umfrage erstellt und von offizieller Stelle abgesegnet, beträgt die durchschnittliche ortsübliche Vergleichsmiete aktuell 14,58 Euro pro Quadratmeter.
Wohnen auf Zeit
Willkommen in Ihrem
neuen Zuhause.
Doris Palmiero
Director Real Estate Rentals
Authorized Signatory
Immobilienverkauf
Ihre Immobilie, Ihre Bedürfnisse.
Unsere Rundum-Betreuung.
