Very nice 8 room villa from 1928

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.

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.

Before buying a property, the building fabric and building services should be examined in detail. In the case of houses, the building must be thoroughly examined from the outside. Are the facade, windows and doors in order? Is there a need for repair? The gutters, downpipes and exterior lighting should also be considered.

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 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.