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
In German brokerage law, a broker's sole commission is a contract that defines an exclusive contractual relationship between a broker and the client. In the case of a sole commission, the client binds himself to a single broker who, in return, is obliged to provide a service.
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.
This depends on the income situation as well as on the amount of equity capital invested in order to enable an extensive debt relief until retirement age.
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".
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.
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.