Munich is a major metropolis in southern Germany, sitting on the River Isar, the Isar-Werkkanal, and the Würm. It serves as the capital of Upper Bavaria and is situated in the state of Bavaria. The city is a prominent financial center and a major college town, home to institutions such as the Technical University of Munich, the Munich University of Applied Sciences, and Ludwig-Maximilians-Universität München. International travel to and from the city is supported by Munich Airport.
Living in Munich is expensive, with property prices that are about double the average for Germany. The housing stock is distributed across several key districts, with Schwabing-West and Trudering-Riem holding more of the homes than any other areas. Schwabing-West offers prices slightly below the city average, while Trudering-Riem is more expensive. For those seeking the most exclusive addresses, Bogenhausen and Schwabing-Freimann are the dearest districts in the city. By contrast, Ramersdorf-Perlach is the most affordable of the main residential areas, with prices sitting far below the city-wide average.
