Almost 16 million euros
Luxury real estate ranking: This city surpasses Sylt and Munich
12/9/2024 – 12:07 p.mReading time: 2 minutes
The market for luxury real estate in Germany continues to grow. And the prices are also skyrocketing. A new ranking reveals the most expensive locations.
400 square meters of living space, ten rooms and an almost 3,000 square meter property. The most expensive house in Germany is on Sylt with a price in the double-digit million range. This emerges from a ranking by the real estate portal immowelt.de.
The villa in the municipality of Kampen in the Nordfriesland district is offered for 15.5 million euros and includes its own swimming pool, sauna and fireplace. Not far from this luxury property is the property in third place in the ranking. In List in the north of Sylt, a 270 square meter house on a 3,150 square meter property is being offered for 14.5 million euros.
More expensive than the house in List is a villa in the northwest of Munich in the Obermenzing district in second place. With a living space of 312 square meters and a 2,598 square meter plot, it is offered for 14.98 million euros. This includes eight rooms, a wine cellar and a home cinema.
Apartments were also listed by immowelt.de. The most expensive is a penthouse in Berlin-Mitte. With an asking price of 15.8 million euros – almost 27,600 euros per square meter – it even exceeds that of the luxury villa on Sylt. It offers nine rooms, 574 square meters and a view over the Berlin skyline.
There is also an apartment in Berlin in third place in the ranking. The 324 square meter luxury apartment with a private elevator and its own roof terrace is located in the Wilmersdorf district in the west of the capital and costs a whopping 37,000 euros per square meter at 11.99 million euros. According to Statista, the average price per square meter for a condominium in Berlin is currently 4,903 euros.
With five apartments in the ranking of the most expensive apartments in Germany, Munich is at the top. A luxury property in the Bavarian capital also came in second place. A penthouse in the northeastern district of Bogenhausen costs 12 million euros with nine rooms and a living space of 470 square meters.
According to its own information, immowelt.de created the ranking from advertisements that were published on the platform between January and November 2024. The prices stated are offer prices and not final prices. The properties were listed based on the asking price and not the price per square meter.
