Sales of condominiums in Giesing increases, particularly the acquisition of new housing boomed in 2010. History: Giesing was first mentioned in the year 790 for the first time. Due to the proximity of the city of Munich Giesing became a shelter for day laborers, who had no right of abode in the city in the middle ages. 1818 Giesing is part of an independent municipality and 1854 at Munich. The Giesing district was divided in 1936 in Obergiesing and Untergiesing-Harlaching. Approximately 48,000 inhabitants live in Munchen Obergiesing, 16% are older than 65 years, 1,800 are unemployed.
The structural appearance of non-uniformly represents in Obergiesing. Single family homes, as well as small settlements on the one, multi storey flats/apartment buildings on the other side. Untergiesing-Harlaching has today about 48,000 residents, Untergiesing alone approximately 35,000 inhabitants. Objects in Giesing are usually advertised under lower and Obergiesing according to real estate agents in Munich. For this reason is also a separate consideration. In the area of Houses purchases there in Obergiesing year 2011 a total of 60 deals in Ludwigsvorstadt, 106.
Villas and Semidetached houses in a price range between approximately euro 600.000,-& 900.000,-were the bulk of the houses offers in Obergiesing. Untergiesing, however, the residential buildings were considerably more expensive. There they found prices of approximately EUR 750.000,-to EUR 1.800.000,-. All pricing information referred to here in the article it is mean and about prices, to enable a simplified representation. 20 villas and bungalows in a price range from an average 3.000.000,-euros was found in Ludwigsvorstadt. It is striking that in the high-priced market segment, the private deals are rare or non-existent and the real estate agent from greater Munich dominate this segment of the market. According to Rainer Fischer, real estate agent from Munich Neuhausen most sites under top and Untergiesing are not advertised in the condominiums, under the”umbrella” Giesing.