House view (1/5)
Living room (2/5)
Dining room (3/5)
Living room with fireplace (4/5)
Garden (5/5)
Munich - Pasing am Stadtpark
sold
Attractive terraced corner house on approx. 500m² of land
Absolutely quiet best location directly at the city park, well cut and maintained house, bright living area with 33m² and large window front to the garden, fitted kitchen, fireplace room, 3 bedrooms, 2 baths, especially beautiful garden, TG parking space.
Basic data
- Property
- HS 587
- Property type
- Semi-detached house
- Construction year
- 1975
Area listing
- Land area
- 500 m²
- Living space
- approx. 131 m²
Space and equipment
- Room
- 6
- With a cellar
- no
Purchase price
This property is already sold.
Location
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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.
This depends on the income situation as well as on the amount of equity capital invested in order to enable an extensive debt relief until retirement age.
The declaration of division is regulated in § 8 of the Condominium Act (WEG). The declaration of division can be described as the "statutes" or "basic law" of a divided property, as all the essential rights and obligations of the co-owners are established here.
The exact amount of equity to be contributed depends on the financial and income situation of the potential buyer as well as the location and risk profile of the property.
When buying a property, you must expect the following ancillary acquisition costs: Land transfer tax, notary and land registry fees, brokerage fees and bank charges.