Engel & VölkersEngel & Völkers

Your real estate guide – Knowledge, trends, and tips

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Calculating Usable Area and Living Space Correctly for Houses and Apartments in Hamburg

One of the most important details in a real estate listing is the size specification of the living area or usable space. This information helps potential buyers understand how much space a house or apartment offers and whether the price per square meter positions the property above or below the average market level. However, there are fundamental differences between the professional definitions of living space and usable area—differences that not every property owner is familiar with. Engel & Völkers Hamburg aims to explain the basics of these area calculations in this article, so you can be well prepared for selling your property in Hamburg Wilhelmsburg or the surrounding districts.

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What to consider when handing over the keys after a property sale

After the conclusion of contract negotiations and the notarized signatures of both parties, your property sale is finalized: the planned transaction can now be executed by the buyer transferring the agreed purchase amount to you, and you, in return, preparing everything for the handover of the keys to your house or apartment in Hamburg. To avoid any oversights during this important appointment and to ensure a smooth process, this article explains how a successful handover of your property in Hamburg Altona and the surrounding area should ideally proceed. Let Engel & Völkers Hamburg’s real estate agents guide you through the key points!

  • 2 min read
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Rent control in Hamburg: Current information for property landlords

Real estate remains one of the most stable and low-risk investments in Germany: Houses and apartments, for example in Hamburg Bergedorf, have proven to be valuable assets even during times of crisis. Additionally, renting out the property generates passive income. However, to realistically calculate your expected returns, it is important to consider legal regulations. This includes, for example, the rent control ordinance of the Free and Hanseatic City of Hamburg, better known as the “Mietpreisbremse” (rent brake). Your real estate agent Engel & Völkers Hamburg summarizes what you should keep in mind when renting out a property for the first time in Hamburg Bergedorf or one of the surrounding districts in the following article.

  • 4 min read
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Engel & Völkers Germany

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20457 Hamburg, Germany

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