Munich's street prices are exploding: Bogenhausen is the most expensive district!

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Munich tops the list of the most expensive properties in Germany. A study shows the top street Hotterstraße with 15,891 €/m².

Munich's street prices are exploding: Bogenhausen is the most expensive district!

Munich is considered one of the most expensive cities in Germany, and a recent study by Immowelt has now identified the city's most expensive streets in detail. In a country where property prices have risen sharply in recent years, the study shows that all of Germany's ten most expensive streets are in Munich. The purchase price for properties in the best locations in the city reaches record levels of up to 15,891 euros per square meter, especially in the elegant districts such as Bogenhausen and Altstadt-Lehel.

The most expensive street, Hotterstrasse in the Altstadt-Lehel district, has the highest price at 15,891 euros per square meter. This is directly followed by Möhlstraße and Lapplacestraße, both in Bogenhausen, which reach prices of 15,378 euros and 15,063 euros per square meter respectively. Nine of the ten most expensive streets are in Bogenhausen, a district known for its villas and stately homes in natural surroundings. Here are the details for the most expensive streets:

Most expensive streets in Munich

rank Street Price per square meter (Euro)
1 Hotterstraße, Altstadt-Lehel 15,891
2 Möhlstrasse, Bogenhausen 15,378
3 Laplacestrasse, Bogenhausen 15,063
4 Friedrich-Herschel-Strasse, Bogenhausen 15,038
5 Mauerkircherstrasse, Bogenhausen 14,923
6 Pienzenauerstrasse, Bogenhausen 14,833
7 Flemingstrasse, Bogenhausen 14,764
8 Lamontstrasse, Bogenhausen 14,699
9 Cuvilliestrasse, Bogenhausen 14,582
10 Holbeinstrasse, Bogenhausen 14,488

The average purchase price for property in Munich is around 8,249 euros per square meter, meaning the most expensive streets are exorbitant for potential buyers in comparison. To get a feel for the dimensions: Hotterstraße is even 93% more expensive than the average price in Munich. This price development is indicative of the general market situation, as other large cities in Germany also record lower real estate prices in comparison.

Prices compared to other cities

To illustrate the situation in Munich, the average prices for real estate in other German cities show how much the Munich prices differ. For example, the price per square meter in Nuremberg is 3,579 euros, while Stuttgart is 4,614 euros and Berlin is 4,828 euros. The most expensive areas in cities like Hamburg, at 5,937 euros, or Frankfurt, at 5,633 euros, are also not as high as in Munich.

On the other hand, there are diplomatic and economic incentives in Munich that are further driving demand for high-class real estate. These developments reinforce the city's assessment as a center for high-priced living situations in Germany. The figures from the Immowelt study offer an insightful look at Munich's real estate market, which remains a popular place to live despite the high costs.

The entire data is based on offers for residential properties on immowelt.de as of May 1st, 2025 and once again proves Munich's dominance in the German real estate landscape. The study only takes into account streets with primary residential use and at least 20 addresses. At a time when the race for real estate is becoming ever more intense, Munich remains a goldmine for buyers and investors.