For many young people, owning a home continues to be a major life goal. While buying a home is of course a big emotional decision, it is also a serious financial choice and can seem like a maze of pros and cons. Will it be worth it in the long run? Should you buy now or wait? What are your options to make it a sound financial decision?
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An overview of the rights, taxes, and obligations associated with owning and using your own holiday home.
World-class metropolis offers the highest quality of life
Community ownership forms the foundation for harmonious and regulated coexistence in multi-family houses or residential complexes. It comprises all flat owners and plays a crucial role in the management and maintenance of the communal property. But what legal principles apply to community ownership, and how is decision-making organised? In this article, we shed light on the most important aspects and demonstrate the responsibilities undertaken by property managers and the advisory board, as well as the potential advantages and disadvantages of community ownership.
Retrofitting a solar thermal system can be environmentally friendly and also attractive from an economic point of view for property owners. Depending on the existing heating system and taking into account the local conditions, a solar thermal system actively supplements the heating or hot water supply. Due to rising energy costs, what has long been standard in new buildings also pays off when it comes to renovating old buildings. The state subsidises property owners with up to 35 per cent of the purchase price. Find out in our guide when it is feasible to retrofit a solar thermal system and what you need to consider before making the purchase.
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With its countless leisure activities, picturesque beaches, good accessibility and infrastructure, the German Baltic Sea region is a popular destination for millions of holidaymakers every year. Those who are completely taken by the enthusiasm for the location may think about staying permanently and buying a house on the Baltic Sea.
Sonnenberg is one of the most popular southern suburbs. The attractive residential area amidst generous green spaces and extensive wooded areas has a high residential value with many opportunities for recreation and leisure. You will find an excellent infrastructure in nearby Degerloch. It takes less than 15 minutes to get to Stuttgart city center by subway and you can be on the freeway or at the airport in no time at all by car.
Prices per square meter in the high-end segment up to 10,000 euros
You just want to leave work and everyday stress behind from time to time and have been travelling to the same holiday destination over and over again for years? Then it's time to invest in your own local property. A Second home abroad guarantees a relaxing holiday feeling and allows you to get to know new facets of your favourite region. Thanks to the increasing demand for properties in the first line of the sea, a second home not only serves as a comfortable holiday domicile in the preferred holiday destination, but often also generates attractive returns.
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One of the clear Advantages of real estate as a capital investment compared to other investment opportunities, such as gold as an investment, is the possibility of lending through banks. It is important to note that the banks evaluate the personal income situation in addition to the property when financing the first property.
The house viewing is certainly one of the most important phases when buying and selling a house. For prospective buyers, it provides the opportunity to get an accurate impression of the property, while giving the owner the opportunity to find the right buyer. It is therefore all the more important that this part of the property sale is carefully prepared and carried out. In the following we therefore explain the most important aspects of a house viewing and what buyers and sellers need to be aware of.
The villa residential area around the "Killesberg" is one of the most sought-after locations in Stuttgart and is characterized in particular by its quiet surroundings in the green belt of a relaxed residential area and its attractive individuality. Sports facilities such as the Weissenhof tennis club, the riding and driving club, TC Doggenburg and the green spaces of the Höhenpark and Kräherwald offer a high recreational value. Stuttgart airport is approx. 20 minutes away by car.
Contact
Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310