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House view (1/2)

garden (2/2)

Munich - Nymphenburg

sold

Historic, listed property from 1890

Absolute top location in the heart of Nymphenburg, listed building, many original details, extension 1929, attic conversion 1960, ground floor 155 m², beautiful staircase, parquet and floorboards, attic apartment with floor-to-ceiling studio windows and large roof terrace, very beautiful south-facing garden with old trees.

Basic data

Property: HS 512
Property type: Single-family house
Construction year: 1890

Area listing

Land area: 1.304 m²
Living space: approx. 378 m²
Useful area: approx. 155 m²

Space and equipment

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

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Real estate guide

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 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.

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What is meant by a 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.

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What is meant by standard land value?

The responsible expert committee evaluates all property sales and uses them to determine location-specific "standard land values", which are generally published every two years. These averaged prices apply to average plots of land in a defined area with a specific development potential at a given point in time.

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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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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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Real Estate Agent Munich

Real Estate

Historic, listed property from 1890

Historic, listed property from 1890

Other offers nearby

Jewel in an enchanting garden location: stylishly modernized half of a house

Enchanting Art Nouveau townhouse from 1912 with charming south-facing garden

Real estate guide

RIEDEL Immobilien – Your real estate agent in Munich & Grünwald