Feel free to contact us with any questions you may have regarding the buying or selling real estate.
Tel.: +49 89 340 823-540 | verkauf@mrlodge.de
Jacqueline Sauren
Head of Real Estate Sales
| Purchase price | 690,000 € |
|---|---|
| Living area ca. | 117.84 m² |
| Apartment | 3.5 Rooms |
| Purchase price | 1,450,000 € |
|---|---|
| Living area ca. | 124.11 m² |
| Apartment | 3 Rooms |
| Purchase price | 879,000 € |
|---|---|
| Living area ca. | 132.11 m² |
| Attic Apartment | 3.5 Rooms |
| Purchase price | 650,000 € |
|---|---|
| Living area ca. | 69.08 m² |
| Apartment | 3 Rooms |
| Purchase price | 949,000 € |
|---|---|
| Living area ca. | 122.31 m² |
| Maisonette | 3.5 Rooms |
| Purchase price | 595,000 € |
|---|---|
| Living area ca. | 101.02 m² |
| Apartment | 3.5 Rooms |
| Purchase price | 513,000 € |
|---|---|
| Living area ca. | 90 m² |
| Apartment | 3.5 Rooms |
| Purchase price | 470,000 € |
|---|---|
| Living area ca. | 85.46 m² |
| Apartment | 3 Rooms |
| Purchase price | 699,000 € |
|---|---|
| Living area ca. | 70.22 m² |
| Apartment | 3 Rooms |
| Purchase price | 1,765,000 € |
|---|---|
| Living area ca. | 140.4 m² |
| Penthouse | 3.5 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 104 m² |
| Ground floor apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 59 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 98 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 83.56 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 80 m² |
| Maisonette | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 81 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 78 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 69.91 m² |
| Apartment | 3 Rooms |
| Purchase price | sold |
|---|---|
| Living area ca. | 73 m² |
| Apartment | 3 Rooms |
Feel free to contact us with any questions you may have regarding the buying or selling real estate.
Tel.: +49 89 340 823-540 | verkauf@mrlodge.de
Jacqueline Sauren
Head of Real Estate Sales
Buying a 3-room apartment in Munich is generally aimed at couples who need space, small families, and shared living arrangements. Compared to smaller apartments, the main focus here is on the extra space—which can serve as a children’s room, a second bedroom, a guest room, a home office, or an additional quiet retreat. This versatile property type is therefore suitable both for long-term owner-occupancy and as a solid investment for rental purposes.
In Munich in particular, demand for well-designed 3-room apartments remains consistently high. Here, too, the economic stability and the diverse range of industries and institutions (universities, Max Planck and Fraunhofer Institutes) in the city and the Munich region stand out as a first-class foundation for sustainable prospects in terms of value appreciation and rental potential.
Particularly attractive locations include Schwabing, Bogenhausen, Glockenbachviertel, Au-Haidhausen, Maxvorstadt, Nymphenburg, Giesing, Pasing, Sendling, Trudering, Riem, and the Munich suburbs.
Those who prefer a more compact living space or have a limited budget will find suitable alternatives in Munich in the form of one-bedroom or two-bedroom apartments. If more space is needed, a four-bedroom apartment in Munich may be a better option.
The Munich real estate market remained stable in the first quarter of 2026, showing a slightly positive trend, and was more subdued in the second quarter. Following the price adjustments of recent years, prices have largely stabilized. According to analyses by the City of Munich’s Appraisal Committee, the average price per square meter for condominiums is around €8,165, and significantly higher in particularly sought-after locations such as Schwabing or Altstadt-Lehel. For detailed insights into price trends, see our guide to real estate prices in Munich.
A 3-room apartment is also attractive as an investment property. Renting it out furnished offers additional flexibility and the potential for higher rental income. Rent levels remain high: According to ImmoScout24, the average (unfurnished) is currently around €20.44/m², with a range of approximately €15.57 to €34.13/m².
For a 3-room apartment (existing property) with a typical living area of about 70 to 90 m², purchase prices range from approximately €455,000 to €840,000. For new construction (first-time occupancy), prices range from around €700,000 to €2,250,000.
The key factors are location, condition, and year of construction: Existing apartments typically range from €6,500 to over €12,000 per m², depending on their features; new construction ranges from €10,000 to €15,000 per m², and in prime locations, prices can exceed €25,000 per m².
Would you like to know what your property is currently worth? Find out how to determine the value of your property and which factors influence prices in Munich. For a quick initial estimate, use our online price calculator.
When buying a 3-room apartment in Munich, the neighborhood is a key factor in determining quality of life, rentability, and value appreciation. Locations that combine good infrastructure and green spaces with excellent public transportation access are in high demand.
The following Munich neighborhoods offer exactly this combination:
Schwabing & Maxvorstadt
Au-Haidhausen & Glockenbachviertel
Bogenhausen & Nymphenburg
Giesing, Perlach, and Ramersdorf
Trudering & Riem
Laim & Pasing
The areas surrounding Munich are also becoming increasingly attractive to buyers of 3-room apartments, particularly due to the larger living space and often more attractive price levels. Which location is best for you ultimately depends on your priorities regarding the neighborhood, infrastructure, and budget. We’d be happy to advise you personally so we can work together to find the right location for you.
When buying a 3-room apartment in Munich in 2026, you should expect to have a down payment of about 20–30% of the purchase price, plus closing costs of about 5–9% of the purchase price.
Depending on your creditworthiness, financing with a lower down payment may also be possible.
Example: For a purchase price of €700,000, this corresponds to a down payment requirement of approximately €175,000 to €273,000.
You can learn more about this in our guide to real estate financing.
Yes, a 3-room apartment in Munich often makes sense as an investment.
It offers: high rental demand, stable value appreciation, and good rentability. It appeals to singles who need a home office, couples, shared apartments, and small families. The gross return is usually between 2 and 4 percent. In some locations, returns of over 4 to 5 percent are also possible.
As a general rule, the best locations usually have a lower rental yield but are considered more stable in terms of value. An attractive location is recommended for renting. Additionally, when purchasing, keep in mind that for properties in Munich where the first occupancy took place in October 2019 or later, the rent is not regulated by law under the so-called “rent cap.”
Find out here what the process of a successful real estate purchase with Mr. Lodge looks like. If you’re looking for long-term value preservation, protection against inflation, and reliable rental income, you’ll find a solid investment here.
In addition to the purchase price of a 3-room apartment, you should expect additional purchase costs of approximately 5 to 9% in Munich. These consist primarily of real estate transfer tax, notary fees, and the cost of registration in the land registry, as well as a real estate agent’s commission, if applicable:
Total: 5–8.57% of the purchase price
Typically, a 3-room apartment has a living area ranging from 65 to 95 square meters. A common layout includes a separate living area, two additional rooms, and a kitchen with a dining area; these are usually apartments in a well-maintained residential complex.
In practice, individual apartments may be slightly smaller or larger depending on the year of construction, floor plan, and building type, but most listings range from about 70 to 90 m². Smaller units around 65 m² are described as compact, while 3-room apartments larger than 90 m² are considered spacious.