
House view (1/1)
Munich - Obermenzing
sold
Charming detached house from 1927
Nice location in cul-de-sac, attractive old building with bay window, upstairs 2 bedrooms and bathroom, attic studio with 2nd bathroom, nice west garden with large wooden terrace, garage.
Basic data
- Property
- HS 431
- Property type
- Single-family house
- Construction year
- 1927
Area listing
- Land area
- 585 m²
- Living space
- approx. 115 m²
- Useful area
- approx. 45 m²
Space and equipment
- Room
- 4
- With a cellar
- no
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
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.
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.
The amount of repayment determines the total term of the financing.
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.
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.
