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
The exact amount of equity to be contributed depends on the financial and income situation of the potential buyer as well as the location and risk profile of the 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.
Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.
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".
The architecture of the 20th century was essentially shaped by four architectural styles. The design and conception of each architectural style depended on the technological and constructive possibilities of the time.
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.