Living in MunichIyna Bort Caruso
Munich’s skyline is one dominated by church spires. The twin copper onion domes of the Cathedral Church of Our Lady form a sacred silhouette. And yet the city is a seat for technology and finance sectors. Munich is also the publishing powerhouse of the country.
Situated along the banks of the Isar River, Munich is the capital of Bavaria and about 90 kilometers from the Alps. When the famous dry, warm foehn winds blow in the city, the skies clear and the mountains come into view.
Globally competitive and fast growing, Munch boasts a high standard of living. It is ranked fourth out of 130 cities on the 2016 Mercer Quality of Living Index. Oktoberfest, the world’s largest beer festival, may be its most famous attraction, but the city is a well-rounded cultural destination, packed with museums, theater, opera and orchestras. Englischer Garten (English Garden), along the Isar River, is one of the world’s largest urban parks. It’s been Munich’s green oasis since the 18th century.
High net worth individuals, both domestic and international, find Munich an attractive market and appreciate its quality that can feel both urban and small town.
Among historic properties are neo-baroque and neo-renaissance villas, miniature castles and modern flats in Jugendstil buildings, Germany’s take on Art Nouveau.
The city is divided into boroughs with Marienplatz at its center, the big open square dating back to the Middle Ages in the pedestrian-only historic district of Altstadt, or Old Town. Radiating from here are desirable neighborhoods like Schwabing, once an artists quarter and now an area of elegant townhouses and Jugendstil architecture. Schwabing is also a popular spot for its lively Leopoldstrasse strip of cafes, bars and boutiques. The wealthy area of Bogenhausen, with its lush and leafy pockets, is another home for the city’s well-heeled.