Knowledge
5 tips to help you when buying your first real estate property
Continue reading5 tips to help you when buying your first real estate property
Buying your first property is usually a big and challenging step. That's why we have put together five initial tips that can spare you the occasional dilemma when it comes to buying your first real estate property.
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The lease-purchase and how it works
A lease-purchase is a real estate transaction in which tenants can buy the house or apartment they live in after a certain period of time. Learn here how this model works and what advantages and disadvantages it has.
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Have you already invested in real estate?
Looking back at 2020, when the pandemic swept across Germany, and checking the subsequent developments in 2021, it is safe to say that homeownership has gained in value and esteem more than many other things.
Continue readingNew Initiative Wants to Increase Housing Construction and Homeownership Rate
It hardly qualifies as news anymore that Germany’s housing market has been unimpressed by the coronavirus crisis so far. Property prices have nowhere to go but up, and buying a condominium is a paying proposition.
Continue readingNearly a Quarter-Million Applications for Child Tax Credit
For more than a decade after the end of the nationwide homeownership subsidy in 2006, no central public subsidies worthy of the name were available in Germany – until the child tax credit for first-time home buyers was introduced in September 2018.
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Real estate as capital investment
Investing in a freehold apartment offers many advantages. What to consider and when the purchase makes sense, will be explained here.
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Property appraisals to become subject to standard rules across Germany in early 2022
The re-enacted Real Estate Valuation Ordinance (ImmoWertVO) will enter into force in early 2022. The purpose of the legislative amendment is to establish uniform principles.
Continue readingCondominium Prices Set New Records Despite COVID-19
Germany’s real estate market proved decidedly robust during the coronavirus crisis year of 2020. Selling prices for condominiums surged noticeably in 75 out of 81 major German cities last year...
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Real Estate Glossary
Buying a flat involves all sorts of decisions and duties. Sound and reliable information is of the essence, which is why our Real Estate Encyclopaedia brings you all sorts of details on homeownership, from A like “Acquisition” to Z like “Zoning.”
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Five Good Reasons to Invest in a Property
There are five good reasons to explain why this is a great time to invest in real estate. Principally speaking, a residential property investment is never a bad idea.
Continue readingNumber of Planning Consents Hits Second-highest Level since Turn of the Millennium
No one would deny that Germany suffers from pent-up demand for new-build housing construction, but at least as far as planning consents go, it is heading in the right direction, as the latest stats confirm...
Continue readingConversion of Rental Flats into Condominiums Remains an Option
The contentious condominium conversion ban for rental flats which the Federal Minister of the Interior, Horst Seehofer, had proposed some time ago will apparently not be written into law after all.
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Acquisition-process
Individual freehold ownership, condominium declaration, common ownership, maintenance reserve, HOA manager, individual freehold property manager, etc. – during a condominium acquisition you will sooner or later come across some or all of these terms.
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