Value retention with long-term appreciation potential. As real estate agents for exclusive properties, we know that buying a property in Lehel stands for high value retention with long-term appreciation potential. If you look at the market prices that can be achieved when selling condominiums in Lehel, they have risen by an average of around 30% in the last 5 years. Those who choose to live and reside in Lehel are choosing one of Munich's most popular and prestigious districts.
Today's inner city district of Munich was at that time located outside the gates of the city - and was a catch basin for all those who were barred from working by the Munich guilds, and who were therefore not allowed to live within the city walls. At that time, the poorest of the poor lived in Lehel, still called "Lächl" by old Munich residents. And even in the 19th century, day laborers and launderers lived in the meadowland crisscrossed by streams.
In the meantime, the area west of the old town is considered a sought-after residential area for the established. At the beginning of the 20th century, another boulevard was created in the form of Prinzregentenstraße, which borders Lehel to the north towards the English Garden South district. Between these boulevards and Zweibrückenstraße - which closes off Lehel to the south - there are idyllic and almost quiet places in the quarter, such as St. Anna-Platz between the parish church and convent of the same name, Mariannenplatz next to St. Lukas-Kirche or on Praterinsel in the middle of the Isar. This is where people live who like it urban, but don't want to hear anything about the party noise in Schwabing or Gärtnerplatz. Due to the excellent market situation and still rising property prices, the sale of a condominium in Lehel is also strongly favoured.
As a specialist for exclusive properties in the popular Lehel district, RIEDEL Immobilien has been acting as an agent for both buyers and sellers for almost 40 years. In addition to apartments, which were created specifically in the spirit of optimism of the Wilhelminian period, there are magnificent townhouses that are reminiscent of the centuries-old tradition and offer hotly sought-after living space today. Every property sale in Lehel is preceded by a comprehensive market assessment by our certified expert.
If you would also like to know what potential your property in Lehel has or what else we can do for you, contact us with confidence. You are in the best hands with our real estate agents at our headquarters in Munich-Nymphenburg or in our offices in Schwabing, Bogenhausen and Gräfelfing.