Living (1/4)

Food (2/4)

Kitchen (3/4)

Bad (4/4)

Munich - Old Town-Lehel

sold

Stylishly renovated old building apartment in optimal city centre location

Quiet best central location, complete renovation house/flat 2001, 1st floor with elevator, very neat flat with oak herringbone parquet, coffered doors and box windows, room height approx. 2.74, generous living/dining area with open fireplace and two small south balconies, high-quality fitted kitchen, separate dining room, 2 bedrooms, 2 modern baths, parking space for rent can be taken over.

Basic data

Property: ETW 2499
Property type: Apartment
Construction year: 1902
Floor: 1. OG
Lift: yes
State: redeveloped

Area listing

Living space: approx. 156 m²

Space and equipment

Room: 4

Purchase price

This property is already sold.

View current offers

Location

Heiner Riedel

Founder

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

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Real estate guide

How is real estate valued?

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.

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How is a renovation sensibly financed?

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.

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What is meant by a land register?

Land and rights equivalent to land (e.g. heritable building rights) are a delimited part of the earth's surface (§ 905 BGB) and are registered in the land register.

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What is a declaration of division?

The declaration of division is regulated in § 8 of the Condominium Act (WEG). The declaration of division can be described as the "statutes" or "basic law" of a divided property, as all the essential rights and obligations of the co-owners are established here.

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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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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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Real Estate Agent Munich

Real Estate

Stylishly renovated old building apartment in optimal city centre location

Stylishly renovated old building apartment in optimal city centre location

Other offers nearby

Newly renovated 1.5-room apartment with underground parking space in a highly sought-after location near the Isar River

A Bright, Airy Space Under the Roof: Charming 2-Bedroom Apartment with a Panoramic Terrace

Real estate guide

RIEDEL Immobilien – Your real estate agent in Munich & Grünwald