What are the advantages of buying private property in Germany?
According to economists, prices for real estate in Germany (especially in large cities) will only grow in the coming years. Therefore, if you plan to buy the private property, for example an apartment building, for the purpose of further letting, the return on such an investment can be obtained in a fairly short time. Well-thought-out […]
What expenses will I bear if purchase the property in Germany?
When estimating the budget for the purchase of real estate, in addition to the property value specified in the contract, you need to take into account the related costs: 3.5 to 6.5% of the land tax, depending on the federal state; approx. 2% for the transaction legal registration by the notary, and about 3 to […]
What expenses will I bear to maintain the private property?
First of all, it is utilities (Hausgeld): water supply and heating (9 Euro per 1 cubic meter per month), garbage collection (about 20 euros per month), electricity is always paid separately depending on the area and electricity consumption (about 50 euros per month for a two-bedroom apartment). Utilities (hot and cold water, heating, gas, etc.) […]
Why are property prices in Frankfurt significantly higher than in other cities in Germany?
The economic attractiveness of the city is the main factor of stability of the local real estate market, the prices for which will grow. According to one of the world’s leading real estate agencies, since 201, prices in Frankfurt am Main have grown by 21%! Real estate in Frankfurt am Main is a great way […]
Why is it profitable to invest in new construction in Germany?
For our clients who want to buy residential real estate, both for the purpose of investment (rental) and for their own use, we recommend considering new buildings for the following reasons: • there is a choice of apartments (you can choose the most suitable layout, floor, decoration – as a rule, 5 decoration lines are […]