House view (1/1)
Munich - Allach
sold
Nice gable house from 1950/60 with nice garden
Good residential area, living area 119m² + 50m² in separate outbuilding with 2 apartments, nice terrace to the south garden, single garage.
Basic data
- Property
- HS 436
- Property type
- Single-family house
- Construction year
- 1950
Area listing
- Land area
- 656 m²
- Living space
- approx. 119 m²
- Useful area
- approx. 62 m²
Space and equipment
- Room
- 4
- With a cellar
- no
Purchase price
This property is already sold.
Location
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Real estate guide
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.
Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.
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.
The amount of repayment determines the total term of the financing.
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.
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.