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Munich - Obermenzing

sold

Stately old villa from 1925 on 3.370m² park ground

Absolutely quiet prime location in the villa colony I, stately ambience and charm of the 20s, largely preserved in original condition, room height 3.20m, stucco, inlaid parquet, representative living/dining area 72m², 7 bedrooms, further expansion possibility in the attic, separate garage building with driver's room, wonderfully landscaped park property.

Basic data

Property: HS 462
Property type: Single-family house
Construction year: 1925

Area listing

Land area: 3.370 m²
Living space: approx. 323 m²
Useful area: approx. 166 m²

Space and equipment

Room: 11
With a cellar: no

Purchase price

This property is already sold.

View current offers

Location

Heiner Riedel

Founder and shareholder

+49 89 15 94 55-14 Send e-mail

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Real estate guide

What do you need to consider when buying income 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.

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Is new construction generally more expensive than a used property?

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.

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What ancillary costs must be expected when buying real estate?

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.

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What initial amortization do you recommend for real estate loans?

The amount of repayment determines the total term of the financing.

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Approximately how long does it take to rent an apartment?

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.

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What is meant by standard land value?

The responsible expert committee evaluates all property sales and uses them to determine location-specific "standard land values", which are generally published every two years. These averaged prices apply to average plots of land in a defined area with a specific development potential at a given point in time.

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Real Estate Agent Munich

Real Estate

Stately old villa from 1925 on 3.370m² park ground

Stately old villa from 1925 on 3.370m² park ground

Other offers nearby

Upscale family home in a privileged location between nature and the lake

Old villa on a dream plot in a sought-after location in the villa colony I

Real estate guide

RIEDEL Immobilien – Your real estate agent in Munich & Grünwald