House view (1/4)
Living room (2/4)
Living room (3/4)
Garden (4/4)
Gauting - West Munich
sold
Charming semi-detached house with beautiful garden
Beautiful residential area, very well maintained house, bright living/dining area with large window front, 3 bedrooms + dressing room, balcony, enchantingly landscaped south garden, single garage.
Basic data
- Property
- HS 596
- Property type
- Semi-detached house
- Construction year
- 1960
Area listing
- Land area
- 702 m²
- Living space
- approx. 138 m²
Space and equipment
- Room
- 5
- With a cellar
- no
Purchase price
This property is already sold.
Location
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Real estate guide
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.
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 responsible expert committee evaluates all property sales and uses them to determine location-specific "standard land values", which are generally published every two years. These averaged prices apply to average plots of land in a defined area with a specific development potential at a given point in time.
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, 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 amount of repayment determines the total term of the financing.