Aerial view (1/1)
Gräfelfing - West Munich
sold
Akilindastraße in Gräfelfing - Top building plot for spacious detached house
Absolutely calm best situation, buildable with generous single-family dwelling, prospective floor space up to 260 m ², at present built with partly basement single-family dwelling, outside pool and garage building with adjoining room.
Basic data
- Property
- GR 77
- Property type
- Land
Area listing
- Land area
- 1.148 m²
- Living space
- approx. 260 m²
Purchase price
This property is already sold.
Location
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Real estate guide
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".
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.
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 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.
The exact amount of equity to be contributed depends on the financial and income situation of the potential buyer as well as the location and risk profile of the property.