Property Market Report

Engel & Volkers published the latest market information on the residential real estate market in 2009 for Weilheim and the Pfaffenwinkel. -Facts – pay prices demand rises disproportionately offers Weilheim: in the high-end segment, the location is the most important The absolutely achieved record prices have increased considerably Weilheim, September 18, 2009. The residential real estate market in the region because home benefits also in 2009 continue to of in comparison to the greater Munich area and around Starnberger See and Ammersee always still tend to be lower price level. However, the prices in good and very good locations are easy in comparison to the market review of the year 2008 to some extent increased. Detached single family homes and land are particularly sought after. “There is much more demand in this segment as offer exists”, Martin Breitschafter, Managing Director of S & V Weilheim, knows how to report. More than ever, the situation especially in the premium segment plays a crucial role. The location, right is also a high restoration inventory objects or renovation costs accepted.

But not only houses and land are in demand. Also the demand for 2-3 bedroom apartments close to the city when compared to the previous year. This is due to the economic crisis, which push more investors in the real estate market again. Modern architectural styles with lots of steel, glass and wood or the Bauhaus style are very popular but you’ll find such objects extremely rare in Weilheim. There is still a significant potential for the local real estate market. Also new building projects currently not implemented in good locations.

The number of sales is only slightly, the average prices and the absolutely achieved prices however are increased significantly. This means that much more residential real estate in the high-priced and luxury segment be sold at stable sales. This, it is interesting that the price increases – refer up to extraordinary objects in a prominent location with mountain views or wide – almost exclusively on the municipal area of Weilheim. In the only a few kilometres distant outlying prices rather stable to declining.

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