House view (1/1)

Munich - Gern

sold

Historic townhouse from 1926 in prime location

In quiet prime location of Nymphenburg/Gern, historic terraced house with many original elements such as staircase and coffered doors, five bedrooms, balcony, two modern bathrooms, ceiling height approx. 2, 75 m, former dairy store in the basement, expandable as another room, renovation according to historic model desirable, idyllic southeast garden.

Basic data

Property: HS 696
Property type: Mid-terrace house
Construction year: 1926

Area listing

Land area: 200 m²
Living space: approx. 140 m²

Space and equipment

Room: 6
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

Schliersee - Schliersberg
Box seat at Schliersee: Semi-detached house with fantastic lake and mountain views
Plot 529 m² - Living approx. 82 m² - 995.000€
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Real estate guide

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.

(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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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 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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How is a renovation sensibly financed?

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.

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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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Real Estate Agent Munich

Real Estate

Historic townhouse from 1926 in prime location

Historic townhouse from 1926 in prime location

Other offers nearby

Box seat at Schliersee: Semi-detached house with fantastic lake and mountain views

Real estate guide

RIEDEL Immobilien – Your real estate agent in Munich & Grünwald