Most expensive real estate in 2025: Hamburg and Munich set records!
Harvestehude leads the ranking of the most expensive properties in 2025, with a luxury apartment on the Alster for 12.5 million euros.

Most expensive real estate in 2025: Hamburg and Munich set records!
In the exciting world of luxury real estate, Hamburg and Munich are absolute pioneers when it comes to the most expensive properties of the year. real estate world reports that the price regions in the housing segment in particular have reached extraordinary heights in these two cities.
The crown of the ranking goes to an impressive apartment in Hamburg Harvestehude with a price of a whopping 12.5 million euros. On a generous 470 square meters, spread over two levels, the new owners can enjoy the fantastic view over the Alster and the exclusive location in one of the most upscale districts of Hamburg. The furnishings meet international luxury standards and leave nothing to be desired.
A list of top objects
But other cities also have a lot to offer. Here is an overview of the top places:
- 1. Platz: Apartment in Hamburg Harvestehude – 12,5 Millionen Euro
- 2. Platz: Penthouse in Berlin Mitte – 11 Millionen Euro
- 3. Platz: Penthouse in München Bogenhausen – 10,9 Millionen Euro
The second-placed penthouse in Berlin Mitte, which is offered for 11 million euros, impresses with its exclusive location in the villa district at Tiergarten as well as a sunny balcony and its own pool area - ideal conditions for relaxing days. The penthouse in Munich Bogenhausen follows almost immediately with a price of almost 10.9 million euros. With its five rooms and an area of around 315 square meters, it offers a prime central location in a stable premium address.
Trends in the luxury real estate market
But what makes this market so fascinating? According to that Luxury Outlook Report 2025 There are some notable trends that should also please investors. Sustainable and innovative properties are considered future-proof options, while emotional aspects are becoming increasingly important when looking for your dream property. Exceptional furnishings and individual living comfort play an important role here.
Finding locations with potential is crucial. Market volatility and regulatory changes are factors that investors should consider to minimize risks. It is advisable to seek professional assistance from experienced real estate experts to stay on top of the complex luxury home selling process.
Market growth and challenges
There are also interesting developments on a global level. The luxury real estate market is getting loud Business Research Insights estimated at around $295.5 billion in 2025, with continued growth through 2033 reaching an impressive $504.5 billion. Buyers are looking for lifestyle improvements and privacy, while at the same time integrating sustainability and eco-conscious features is becoming more important.
The main challenges are high costs, regulatory hurdles and market volatility. Still, the market remains resilient as demand for larger living spaces, personal outdoor spaces and second homes in scenic locations increases.
Overall, the luxury real estate market remains an exciting terrain that presents both challenges and opportunities. A good hand when selecting properties can make the difference here. The combination of exclusive locations and sustainable concepts will be crucial for the future development of this market.