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House view (1/6)

Staircase (2/6)

Living (3/6)

Kitchen (4/6)

Room (5/6)

Garden (6/6)

Munich - Nymphenburg / Gern

rented

Exclusive three-room garden apartment with fireplace

Very good residential area in Gern, beautiful garden apartment, small complex in modern light architecture, excellent equipment, oak parquet, room height approx. 2.70 m, spacious living room with open fireplace and floor-to-ceiling window fronts, high-quality fitted kitchen, two large bedrooms, two bathrooms, all rooms with garden access, large partly covered south-facing terrace, own elaborately designed garden area approx. 95 m², two underground parking spaces (no duplex).

Basic data

Property: VM 3356
Property type: Ground floor apartment
Construction year: 2002
Floor: 1. OG
Lift: no
State: neat

Area listing

Living space: approx. 112 m²

Space and equipment

Room: 3
Parking spaces: 2
Fitted kitchen: yes

Rental price

This property is already rented.

View current offers

Location

Maximilian Riedel

Authorized signatory and shareholder

Real Estate Economist (IRE|BS)

+49 89 15 94 55-32 Send e-mail

Real estate guide

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 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.

(read more)

What ancillary costs must be expected when buying real estate?

When buying a property, you must expect the following ancillary acquisition costs: Land transfer tax, notary and land registry fees, brokerage fees and bank charges.

(read more)

What is a "ground lease" anyway?

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".

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If I am buying from a developer, can I put in my own work?

Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.

(read more)

What is meant by a "sole mandate"?

In German brokerage law, a broker's sole commission is a contract that defines an exclusive contractual relationship between a broker and the client. In the case of a sole commission, the client binds himself to a single broker who, in return, is obliged to provide a service.

(read more)

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Real Estate Agent Munich

Real Estate

Exclusive three-room garden apartment with fireplace