Reason (1/1)
Munich - Solln
sold
Especially beautiful building plot in Malerwinkel
Absolutely quiet prime location in very sought-after residential area of Alt-Solln, ideally buildable with generous villa with approx. 300 m² living space.
Basic data
- Property
- GR 81
- Property type
- Land
Area listing
- Land area
- 748 m²
Purchase price
This property is already sold.
Location
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Ralf Heidemann
Authorized signatory and shareholder
Dipl.-Kaufmann / Dipl.-Sachverständiger (DIA) / Member of the Board IVD Süd e.V.
Real estate guide
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.
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.
Excellent market knowledge is essential for the valuation of single-family homes. In Germany, an owner-occupied single-family house is generally valued using the asset value method (§§ 21-23 ImmoWertV).
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.
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.