Analysis: Real estate prices in Munich and the surrounding area depend on the location of the subway and S-Bahn. Financial expert explains effects.
According to a report from www.tz.de, condominiums in Munich are expensive, and the surrounding area is also affected by the high real estate prices. The location to the subway and S-Bahn has a significant impact on the price per square meter. According to an analysis by immowelt, the asking prices for condominiums are within a 500 meter radius of subway and S-Bahn stops in Munich and the surrounding area. The result was that in the center of Munich the prices per square meter climbed to a peak of up to 13,180 euros, while the average price level in the outskirts of the S-Bahn fell to less than 5,000 euros per square meter. The details show that properties in the center of Munich are on average...

Analysis: Real estate prices in Munich and the surrounding area depend on the location of the subway and S-Bahn. Financial expert explains effects.
According to a report by www.tz.de,
Condominiums in Munich are expensive, and the surrounding area is also affected by the high real estate prices. The location to the subway and S-Bahn has a significant impact on the price per square meter.
According to an analysis by immowelt, the asking prices for condominiums are within a 500 meter radius of subway and S-Bahn stops in Munich and the surrounding area. The result was that in the center of Munich the prices per square meter climbed to a peak of up to 13,180 euros, while the average price level in the outskirts of the S-Bahn fell to less than 5,000 euros per square meter.
The details show that properties in the center of Munich are offered for an average of over 10,000 euros per square meter. The most expensive offers are around the Lehel subway station, Marienplatz and the Isartor. Prices per square meter are also highest at the southern end of the U4 subway line.
As far as the location to the S-Bahn is concerned, there are clear differences here too: home ownership on the S-Bahn main line is more expensive than on the edges of the network. The cheapest place to own a home is at the S-Bahn terminus in the surrounding area.
This analysis shows how strong the influence of transport connections is on real estate prices in Munich and the surrounding area. This is important information for potential buyers and investors to make informed decisions.
Read the source article at www.tz.de