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House view (1/1)

Munich - Pasing / Laim

sold

Classic detached 1-2 family house with beautiful garden

Dwelling house in appealing solid architecture with extremely generous floor plans and beautiful light conditions, extensive renovation 1995, floor space 172m² + approx. 50m² developable attic, generous living/dining area with parquet and beautiful view into the garden, 5 bedrooms, 2 baths, (also as two-family house usable), large beautifully ingrown garden around the house, double garage.

Basic data

Property: HS 602
Property type: Single-family house
Construction year: 1960

Area listing

Land area: 660 m²
Living space: approx. 172 m²

Space and equipment

Room: 7
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

Real estate guide

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 important to look out for during the visit?

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.

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What styles of old buildings can be distinguished?

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.

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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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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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How much equity do I need to buy a home?

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.

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Real Estate Agent Munich

Real Estate

Classic detached 1-2 family house with beautiful garden