How Munich and Salzburg realize living dreams together

How Munich and Salzburg realize living dreams together

The close connection between Munich and Salzburg is described by experts as an engine for the real estate markets of both cities. According to Stefan Striedl, the managing director of CBRE in Munich, there is a high quality of life in both cities, which results in numerous options for investors. In particular due to the bankruptcies in both markets, capital -strong buyers could currently find good opportunities.

A new upswing is emerging for the Bavarian capital; The economic structure shows Resilient and increasingly attracts national and international companies. This not only promotes the stability of the market, but also makes expectations of the real estate cycle look optimistic. Striedl emphasizes that "the fundamental data is correct" and the market is ready for new developments.

lack of living space and rising rental prices

A main factor for the dynamics in Munich is the increasing demand for living space. With a vacancy rate of only 0.1 percent and a growing population, the living space is becoming increasingly scarce. In the city, 840,000 residential units with a total area of 22 million square meters are currently available, but prices are high - for new buildings, buyers have to expect an average of around 11,500 euros per square meter.

rising rental prices are also a result of the ongoing demand. Current rents are around 25 euros per square meter, which makes the search for living space a challenge for many Munich. The city, which is stimulated by 110,000 students, also has another significant population layer that heats up the demand accordingly.

The continuing popularity of Munich is also supported by the economic structure. The region houses many prominent companies from the "Old Economy" such as the automotive industry as well as new players from the areas of Life Sciences and IT. This variety of industries contributes to the robustness of the region and attracts job -seeking academics, 41 percent of which now live in the metropolitan region.

The Munich office markets are very dynamic in terms of square meter prices. Striedl reports that despite the potential difficulties with vacant office space, demand remains stable. By 2029, experts expect an increase in rental inquiries, while the range of new office space is declining. Only around 170,000 square meters are expected to be provided this year - a decline of 61 percent compared to last year.

An upswing on the investment market is noticeable, supported by interest rate cuts that bring back trust among investors. The office sector shows a growing interest of investors because they expect the real estate to stabilize the performance of the real estate. Even if there are certain uncertainties, especially through new regulations in the areas of ESG (Environmental, Social and Corporate Governance), the situation for investors remains optimistic.

The positive developments of the Munich real estate trends have direct influence on Salzburg, which benefits greatly from the attractiveness of Munich with its high quality of life and economic prosperity. Buyers who are active on both the Munich and the Salzburg market intensively check the various investment options.

An extraordinary aspect is the high quality of life in both cities, which is estimated by both locals and potential buyers. The interaction of education, economy and leisure activities makes both Munich and Salzburg into first-class locations for life and investment decisions. These factors are not only crucial for personal well -being, but also for the positive development of the regional real estate market.

Overall, it can be seen that the confidence in the real estate markets of Munich and Salzburg is growing, while the opportunities for investors who think across national borders are varied. Information that helps to assess market opportunities are essential to benefit from this dynamic environment. The report on www.s.n.at . .