Historical view (1/3)

View (2/3)

Garden (3/3)

Munich - Gern

sold

Historic townhouse in need of renovation with enchanting south garden

Best location in the historical part of Gern, charming art nouveau town house, reconstruction 1968, extensive renovation necessary, room height 3.50 m, large living/dining area (approx. 42 m²) with fireplace connection and herringbone parquet (in need of restoration), upper floor: large room with balcony terrace, studio room 41m² with herringbone parquet and 3.90 m room height (currently suspended), attic: two bright rooms, beautifully grown south garden with veranda and terrace.

Basic data

Property: HS 650
Property type: Mid-terrace house
Construction year: 1907

Area listing

Land area: 260 m²
Living space: approx. 202 m²
Useful area: approx. 242 m²

Space and equipment

Room: 5
With a cellar: no

Purchase price

This property is already sold.

View current offers

Location

Heiner Riedel

Founder and shareholder

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

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Real estate guide

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 do you need to consider when buying income property?

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.

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What ancillary costs must be expected when buying real estate?

When buying a property, you must expect the following ancillary acquisition costs: Land transfer tax, notary and land registry fees, brokerage fees and bank charges.

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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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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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If I am buying from a developer, can I put in my own work?

Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.

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Real Estate Agent Munich

Real Estate

Historic townhouse in need of renovation with enchanting south garden

Historic townhouse in need of renovation with enchanting south garden

Other offers nearby

Stylish and family-friendly: High-quality modernized townhouse with airy Scandi flair

Spacious detached house with individual charm in an idyllic, central location

Real estate guide

RIEDEL Immobilien – Your real estate agent in Munich & Grünwald