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
When purchasing a newly built property, a building description is attached to the certified purchase contract as an essential part.
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.
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.
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.
There are three standardised methods for determining the value of real estate in Germany: the comparative value method, the capitalised earnings value method and the asset value method. The aim of the valuation is to determine the market value of the property.
Excellent market knowledge is essential for the valuation of single-family homes. In Germany, an owner-occupied single-family house is generally valued using the asset value method (§§ 21-23 ImmoWertV).