New building in excellent modern architecture, elevator, beautiful 3 room apartment on the 1st floor, living room 39 m² with floor-deep wide window front and large balcony to the south, fireplace connection, 2 baths.
Land and rights equivalent to land (e.g. heritable building rights) are a delimited part of the earth's surface (§ 905 BGB) and are registered in the land register.
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.
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.
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.
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