House view (1/2)
Apartment (2/2)
Munich - Top location of Schwabing
sold
Quiet apartment with winter garden
Quiet prime location close to Münchner Freiheit, 2nd floor. generous living-/dining area 31 m ², small winter garden, parquet flooring, beautiful south balcony to the leafy inner courtyard, TG parking space.
Basic data
- Property
- ETW 2390
- Property type
- Apartment
- Construction year
- 1985
- Floor
- 2. OG
- Lift
- no
Area listing
- Living space
- approx. 62 m²
Space and equipment
- Room
- 2
Purchase price
This property is already sold.
Location
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Real estate guide
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.
When purchasing a newly built property, a building description is attached to the certified purchase contract as an essential part.
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 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.
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.
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.