Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Thurnau.
Selling a property is a far-reaching decision. As experienced real estate agents, we support owners in Thurnau with a clear structure, sound market knowledge, and a marketing strategy tailored to the specific property. Whether it's a house sale, apartment sale, land sale, or letting — we stand for clean processes and targeted mediation of your property.
A significant proportion of properties in Thurnau change owners before an advertisement is placed. Those with a registered search profile are on the list the moment an owner commissions us. You describe once what you are looking for — location, size, budget, condition — and you will only hear from us when it truly matches.
Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
We generally market your property in Thurnau initially off-market — without a sign, without an online advertisement, without a public exposé. Only when the discreet route has been exhausted and you expressly wish it, do we move to broad marketing. This way, your privacy is preserved — from neighbours, tenants, employees, and the tax office.
»Competent and trustworthy, absolutely perfect«
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Anyone looking for an experienced real estate agent in Thurnau expects more than just the publication of an advertisement. Crucial factors are a realistic valuation, a suitable marketing strategy, high-quality documentation, professional communication with prospective buyers and secure contract processing. This is precisely where we come in.
As a real estate agency for Thurnau, we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.
Personal consultationPersonal, discreet, with over 15 years of market knowledge – your real estate agent for Thurnau.
You don't have to come to us: For a personal consultation or a property valuation, your real estate agent will, of course, come to you in Thurnau – discreetly, without obligation, and at an appointment time that suits you.
Market data for Thurnau at a glance: purchase prices for houses and flats, rents, and land values, each with a history of several years. The basis is publicly available statistics and analyses from the valuation committees.
Thurnau is a market town in the Upper Franconian district of Kulmbach, located at the northern edge of Franconian Switzerland. The town is approximately 10 kilometers from Kulmbach and 15 kilometers from Bayreuth. The A 70 motorway crosses the municipal area from east to west. The 50th parallel north runs through the southern municipal districts of Felkendorf, Kröglitzen, and Leesau. These facts position Thurnau as an appealing location for property buyers and owners seeking good transport links within a rural setting.
Source for local facts: Wikipedia
Current average purchase price per m² for houses in Thurnau: 2,650 €/m²
House prices in Thurnau have risen significantly over several years — driven by its proximity to Munich, high demand for family-friendly home ownership, and limited supply. Strong increases until 2022 were followed by a slight correction in 2023/2024, before the market recently showed renewed strength.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 1,780 €/m² | – |
| 2017 | 1,880 €/m² | +5.6 % |
| 2018 | 1,990 €/m² | +5.9 % |
| 2019 | 2,120 €/m² | +6.5 % |
| 2020 | 2,260 €/m² | +6.6 % |
| 2021 | 2,430 €/m² | +7.5 % |
| 2022 | 2,620 €/m² | +7.8 % |
| 2023 | 2,690 €/m² | +2.7 % |
| 2024 | 2,650 €/m² | -1.5 % |
| 2025 | 2,650 €/m² | 0 % |
Current average purchase price per m² for apartments in Thurnau: 2,850 €/m²
Apartments in Thurnau have also shown a positive long-term price development. It was particularly dynamic between 2017 and 2022. Since 2023, a noticeable calming has been observed — albeit without significant price decreases. The limited supply continues to support the price level to this day.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 1,950 €/m² | – |
| 2017 | 2,060 €/m² | +5.6 % |
| 2018 | 2,180 €/m² | +5.8 % |
| 2019 | 2,320 €/m² | +6.4 % |
| 2020 | 2,470 €/m² | +6.5 % |
| 2021 | 2,650 €/m² | +7.3 % |
| 2022 | 2,830 €/m² | +6.8 % |
| 2023 | 2,900 €/m² | +2.5 % |
| 2024 | 2,860 €/m² | -1.4 % |
| 2025 | 2,850 €/m² | -0.3 % |
Current average rent per m² in Thurnau: 8.90 €/m²
Rents in Thurnau have continuously increased in recent years. The development was particularly dynamic between 2018 and 2022. In 2023/2024, the increase continued at a more moderate pace — a sign of an already high rental level with stable demand.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 6.10 €/m² | – |
| 2017 | 6.30 €/m² | +3.3 % |
| 2018 | 6.55 €/m² | +4 % |
| 2019 | 6.80 €/m² | +3.8 % |
| 2020 | 7.05 €/m² | +3.7 % |
| 2021 | 7.45 €/m² | +5.7 % |
| 2022 | 7.95 €/m² | +6.7 % |
| 2023 | 8.30 €/m² | +4.4 % |
| 2024 | 8.60 €/m² | +3.6 % |
| 2025 | 8.90 €/m² | +3.5 % |
Current average land value per m² in Thurnau: 170 €/m²
The land value in Thurnau has developed significantly upwards — a reflection of the quality of the location and its proximity to the Munich market. Plots are scarce, and demand is structurally high. Strong increases until 2022 were followed by a brief consolidation before values stabilised.
| Year | Avg. value | Change |
|---|---|---|
| 2016 | 95 €/m² | – |
| 2017 | 100 €/m² | +5.3 % |
| 2018 | 108 €/m² | +8 % |
| 2019 | 116 €/m² | +7.4 % |
| 2020 | 125 €/m² | +7.8 % |
| 2021 | 138 €/m² | +10.4 % |
| 2022 | 152 €/m² | +10.1 % |
| 2023 | 162 €/m² | +6.6 % |
| 2024 | 168 €/m² | +3.7 % |
| 2025 | 170 €/m² | +1.2 % |
The real estate market in Thurnau is generally more of a buyer's market with selective demand: good locations, well-maintained properties, and energy-efficient buildings find interested parties quickly, while properties requiring extensive renovation may have longer marketing periods. For sellers, the price level remains decent, but the phase of rapid price increases is over for the time being. Demand is primarily driven by owner-occupiers, families, and commuters from the Kulmbach, Bayreuth, and wider Upper Franconia areas. Investors will find a stable, low-risk submarket in Thurnau with limited but reliable rental demand. The gross rental yield range is currently mostly between approximately 3.4% and 4.6% gross, depending on the purchase price, condition, and micro-location. Anyone planning to buy a house in Thurnau or buy an apartment in Thurnau should, in addition to the price per square metre in Thurnau, primarily check the need for modernisation, energy costs, and long-term lettability. Overall, the market points to a solid, value-stable development without overheated price dynamics.
A closer look at the last few years shows how the Thurnau real estate market has developed specifically within the Bavarian market with its strong links to Munich. For detached and terraced houses in Thurnau, the average purchase price moved from €1,780/m² in 2016 to the current €2,650/m² (2025) — a total change of +48.9% over 9 years, which corresponds to an average value increase of +4.5% p.a. The previous peak was reached in 2023 at €2,690/m²; since then, the market has corrected by -1.5% — a typical pattern in many German mid-sized markets following the interest rate turnaround. Apartments in Thurnau started at around €1,950/m² in 2016 and are now at €2,850/m² (+46.2% over 9 years, Ø +4.3% p.a.). This makes them suitable as an entry point into home ownership or as an investment with a manageable ticket size. The average net cold rent in Thurnau developed from €6.10/m² (2016) to the current €8.90/m² — +45.9% over 9 years or Ø +4.3% p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value in Thurnau rose from €95/m² (2016) to the current €170/m² (+78.9% in 9 years) — an essential indicator of the structural location quality and local demand for building land. Based on current values, a rented apartment in Thurnau yields a calculated gross rental yield of around 3.7% — without taking into account vacancy, maintenance, and ancillary purchase costs. Experience shows that realistic net yields are 0.8 to 1.5 percentage points lower. With around 4,000 inhabitants, Thurnau forms a comparatively tight market segment — which means: properties priced correctly for the market and well-prepared are usually sold or let quickly, while overpriced offers remain on the market longer and lose negotiating room. For owners in Thurnau considering a sale or letting, an individual, data-based valuation is the most important first step — it replaces estimates from online calculators that cannot reflect micro-location, energy efficiency, and property substance. FREITAG® provides this valuation free of charge and without obligation.
Rental yield range (approx.): 3.4 – 4.6 % gross.
These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.
Current market values in Thurnau compared to the median of all municipalities in Bayern.
| Key figure | Thurnau | Bayern (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,650 €/m² | 3,650 €/m² | -27.4 % |
| Flats Ø | 2,850 €/m² | 3,850 €/m² | -26 % |
| Rents Ø | 8.90 €/m² | 9.80 €/m² | -9.2 % |
Annual average values for purchase prices (houses & flats) and rents in Thurnau, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2016 | 1,780 €/m² | – | 1,950 €/m² | – | 6.10 €/m² | – |
| 2017 | 1,880 €/m² | +5.6 % | 2,060 €/m² | +5.6 % | 6.30 €/m² | +3.3 % |
| 2018 | 1,990 €/m² | +5.9 % | 2,180 €/m² | +5.8 % | 6.55 €/m² | +4 % |
| 2019 | 2,120 €/m² | +6.5 % | 2,320 €/m² | +6.4 % | 6.80 €/m² | +3.8 % |
| 2020 | 2,260 €/m² | +6.6 % | 2,470 €/m² | +6.5 % | 7.05 €/m² | +3.7 % |
| 2021 | 2,430 €/m² | +7.5 % | 2,650 €/m² | +7.3 % | 7.45 €/m² | +5.7 % |
| 2022 | 2,620 €/m² | +7.8 % | 2,830 €/m² | +6.8 % | 7.95 €/m² | +6.7 % |
| 2023 | 2,690 €/m² | +2.7 % | 2,900 €/m² | +2.5 % | 8.30 €/m² | +4.4 % |
| 2024 | 2,650 €/m² | -1.5 % | 2,860 €/m² | -1.4 % | 8.60 €/m² | +3.6 % |
| 2025 | 2,650 €/m² | 0 % | 2,850 €/m² | -0.3 % | 8.90 €/m² | +3.5 % |
Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.
Frequently asked questions about buying, selling, financing, and living in Thurnau — concisely answered.
Many owners in Thurnau are sitting on an asset that they cannot access because they do not want to give up their home. This is precisely whatProperty annuity (Immobilienverrentung) is for: The sale takes place, but the move-out does not. Depending on the model — Usufruct, Right of abode, Life annuity or Leaseback — the purchase price is paid as a lump sum, as a monthly annuity, or as a combination of both.
Security is crucial: The right of abode (Wohnrecht) is entered in the land register (Grundbuch) in the first rank, before the buyer is registered as the owner. We will calculate for your property in Thurnau how much the usufruct (Nießbrauch) value reduces the purchase price — and whether this is more profitable compared to a traditional sale.
We approach this with an open mind. If a normal sale with a subsequent move is economically better for you, we will tell you — instead of trying to sell a property annuity (Immobilienverrentung) model that doesn't suit your needs.
Entrepreneurs in Thurnau who wish to sell their commercial property and lease it back use Sale & Lease-Back: They sell office buildings, warehouses or practice premises to an investor, receive liquidity for growth or consolidation, and lease the property back long-term. The location in Thurnau remains unchanged.
FREITAG® accompanies the entire process: value-based valuation, selection of qualified investors, contract drafting with clear lease-back conditions — including options for repurchase and flexible terms.
We check free of charge whether your commercial property in Thurnau is suitable for a Sale & Lease-Back and obtain transparent offers — without obligation and without hidden costs.
Hospitality properties in Thurnau are valued differently from residential properties: Key factors are turnover, contribution margin, seating capacity, kitchen technology, licences, and whether the business can function without the previous owner. We value based on the earnings approach and openly state which portions are attributable to the property, inventory, and goodwill.
Marketing is conducted discreetly. A publicly visible sales offer unsettles staff, regular customers, and suppliers in Thurnau — therefore, we approach interested parties specifically and under a confidentiality agreement.
Whether selling, leasing, or handing over to a successor within the family: We structure the path that suits the situation of your business in Thurnau , and accompany you until the notary or lease agreement appointment.
Managing Director of FREITAG® Beteiligungsgesellschaft mbH
For over 30 years, Gerhard Hahn has been active as a real estate appraiser, real estate consultant, and real estate agent in Bavaria and Southern Germany — focusing on high-quality residential property, off-market marketing, and the discreet support of owners, communities of heirs, and family offices.
A reliable valuation in Thurnau requires genuine comparative data and a feel for micro-location — Gerhard Hahn has internalised both after 30+ years of market proximity in Bavaria. Personal appointments in Thurnau are an integral part of every mandate for Gerhard Hahn — no remote diagnosis, no templates.
Note: This list is based on AI-powered research (ChatGPT) of publicly available sources and does not constitute an official evaluation or recommendation. The order does not imply a hierarchical ranking.
Established real estate agency in Thurnau with many years of experience in the region. The company manages the sale and rental of residential properties in the Kulmbach district. Specialised in local property market knowledge in Thurnau and the surrounding area.
Owner-managed estate agency focusing on residential properties in Thurnau and the immediate vicinity. Bernd Brendel offers personal advice and brokerage for properties for sale and rent. Available via telephone and email for individual enquiries.
Modern estate agent in Thurnau, powered by eXp Germany with a good rating on ImmoScout24. Specialised in the sale and rental of residential properties in the Kulmbach region. Offers both digital and personal consultations.
The property experts Kirchner & Kollegen specialise in professional property valuations. Based in Kulmbach, they cover the Free State of Bavaria, including Thurnau and the surrounding area. Ideal for accurate asset valuations before buying or selling.
Visit websiteJÖNA Immobilien GmbH, led by Matthias Koch, brokers properties in Thurnau and the Kulmbach district. With a rating of 4.4 stars, they offer expert advice for sales and rentals. As a local provider on ImmoScout24, they have a strong presence in the region.
Visit websiteAre you looking for a real estate agent not directly in Thurnau, but in the surrounding area? FREITAG® also serves the following municipalities in Bavaria with local market knowledge, current purchase prices, and personal advice:
These locations are within a price band of ±10% around the current average house price per square metre of Thurnau (Ø 2,650 €/m²) — ideal for an honest market comparison and alternative location assessments.
Thurnau is located in a border region — many of our clients compare locations across countries. These municipalities in neighbouring countries offer similar location qualities and are often the closest alternative:
From measurements and the energy performance certificate to buyer selection: We fully prepare your house before it goes on the market — and conduct negotiations up to notarisation.
We consider the declaration of division (Teilungserklärung), service charge (Hausgeld), energy performance certificate, reserves, and target group — and structure the entire sales process for you.
A plot of land sells based on what can be built on it. We determine the realistic building rights and approach property developers and private buyers in parallel.
Office, practice, warehouse, hotel, or gastronomy — discreet marketing with a sound valuation and personal support until completion.
Professional market placement, well-considered tenant selection, and legally sound documents for a smooth letting of your flat.
Detached houses, semi-detached houses, or terraced houses appeal to different target groups — we ensure the appropriate presentation and solvent tenants.
Right of residence (Wohnrecht), leaseback, life annuity (Leibrente), or usufruct (Nießbrauch) — we examine the most suitable option for you and advise on opportunities and framework conditions.
Comparative value, intrinsic value (Sachwert) or income approach (Ertragswert): We select the appropriate method for the property and disclose the derivation, instead of just stating a number.
Contact us — we will advise you without obligation on valuation, marketing, and next steps.
Phone hours: Mon–Sat 09:00–20:00 · Sun & public holidays closed
The market town of Thurnau provides information on the establishment of the 'Am Badersbach' development plan and the associated amendment to the land use plan. The notice also mentions an information event regarding the planned building area, confirming the concrete expansion of a residential or construction site in Thurnau.
The article reports on the start of the renovation of the castle park in Thurnau. A municipal contribution is also mentioned, indicating a concrete public investment and development project in the municipality.
The company is planning a 240-meter-long and 45-meter-wide production and administration building in Thurnau as the first construction phase. The article thus describes a major commercial investment at the Thurnau location.
Emons has begun construction work on a new logistics center in Thurnau and announced an investment of 16 million euros for it. The article classifies the project as part of the company's larger location and real estate investments.
