Living room (1/4)

Masterbad (2/4)

Bad (3/4)

Garden (4/4)

Munich - Nymphenburg / Gern

sold

Dream designer garden apartment

Beautiful garden flat, noble equipment in top-modern style, Italian fitted kitchen, floors in noble wood or sandstone, alarm system, 2 luxoriöse baths, generous living space approx. 32 m ², particularly beautifully put on own west garden with 2 large terraces (approx. 320 m ²).

Basic data

Property: ETW 2399
Property type: Ground floor apartment
Construction year: 1999
Floor: EG
Lift: no

Area listing

Living space: approx. 117 m²

Space and equipment

Room: 3

Purchase price

This property is already sold.

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Location

Heiner Riedel

Founder

+49 89 15 94 55-14 Send e-mail

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Real estate guide

What is meant by standard land value?

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.

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What is a declaration of division?

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.

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What is a "ground lease" anyway?

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".

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What initial amortization do you recommend for real estate loans?

The amount of repayment determines the total term of the financing.

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How is a renovation sensibly financed?

This depends on the income situation as well as the use. In other words, whether the property is acquired for own use or as an investment.

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Is new construction generally more expensive than a used property?

If only the price per m² of living space is taken into account, new buildings can be up to 50 % more expensive than existing properties.

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Learn more

Real Estate Agent Munich