House view (1/1)
Munich - Altgiesing / Au
sold
Charming attic apartment in attractive old building
Particularly beautiful location in historical quarter - Altgiesing/Au, attractive 3 room apartment in top reorganized old building, original herringbone parquet flooring, stucco, high rooms, high-quality modern bath.
Basic data
- Property
- ETW 2420
- Property type
- Apartment
- Construction year
- 1912
- Floor
- 3RD FLOOR
- Lift
- no
Area listing
- Living space
- approx. 78,23 m²
Space and equipment
- Room
- 3
Purchase price
This property is already sold.
Location
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Real estate guide
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.
The marketing period is highly dependent on the attractiveness of the property, the selected rental price and the sales concept. In a first step, RIEDEL Immobilien analyses the marketing opportunities of a property, develops a sales concept adapted to the property and recommends a rental price in line with the market.
This depends, among other things, on the value of the property in conjunction with the tax allowances. Consultation with a tax advisor or accountant with corresponding costs is advisable.
The "hereditary lease" is prohibited by law in Germany today. Colloquially, however, the "Erbbaurecht" is often referred to as "Erbpacht". A "hereditary building right" is a right equivalent to real property which is formed in a separate "hereditary building right land register".
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.
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.