View of the property (1/1)
Inning - Buch district
sold
Attractive building plot near the lake for a spacious detached house
Beautiful and absolutely quiet residential area close to the lake, ideally buildable with a spacious detached house with approx. 240m² living space.
Basic data
- Property
- GR 80
- Property type
- Land
Area listing
- Land area
- 936 m²
Purchase price
This property is already sold.
Location
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Ralf Heidemann
Authorized signatory and shareholder
Dipl.-Kaufmann / Dipl.-Sachverständiger (DIA) / Member of the Board IVD Süd e.V.
Real estate guide
Excellent market knowledge is essential for the valuation of single-family homes. In Germany, an owner-occupied single-family house is generally valued using the asset value method (§§ 21-23 ImmoWertV).
The risk profile of the property should be comprehensively assessed as part of a "due diligence", i.e. a simple consideration of the gross yield (annual rent : sales price x 100) is certainly not sufficient. This involves a large number of assessment steps, which are only presented as examples in the context of this blog.
There are three standardised methods for determining the value of real estate in Germany: the comparative value method, the capitalised earnings value method and the asset value method. The aim of the valuation is to determine the market value of the property.
Land and rights equivalent to land (e.g. heritable building rights) are a delimited part of the earth's surface (§ 905 BGB) and are registered in the land register.
In German brokerage law, a broker's sole commission is a contract that defines an exclusive contractual relationship between a broker and the client. In the case of a sole commission, the client binds himself to a single broker who, in return, is obliged to provide a service.
If only the price per m² of living space is taken into account, new buildings can be up to 50 % more expensive than existing properties.