House view (1/2)
Garden with terrace (2/2)
Munich - Obermenzing
sold
Attractive garden apartment in top villa location
Floßmannstraße - absolutely quiet residential area, special attractive living over 2 levels with large south-facing terrace and south-facing balcony, completely fitted kitchen, parquet flooring, modern bath, separate guest toilet, enchanting south-facing garden, underground parking space.
Basic data
- Property
- ETW 2412
- Property type
- Apartment
- Construction year
- 1995
- Floor
- EG
- Lift
- no
Area listing
- Living space
- approx. 81 m²
Space and equipment
- Room
- 3
Purchase price
This property is already sold.
Location
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Real estate guide
Before buying a property, the building fabric and building services should be examined in detail. In the case of houses, the building must be thoroughly examined from the outside. Are the facade, windows and doors in order? Is there a need for repair? The gutters, downpipes and exterior lighting should also be considered.
Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.
When purchasing a newly built property, a building description is attached to the certified purchase contract as an essential part.
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.
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.