
Buying or renting: Which is more worthwhile?
Paying rent every month or buying a property: Find out here what you should consider when making your decision.
- 11 min read
- 12.11.2022
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Paying rent every month or buying a property: Find out here what you should consider when making your decision.
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Step by step from property data to the exact tax amount

Who wants to pay rent when financing a property is so cheap at the moment? The low construction interest rates make buying a house or a flat particularly attractive at the moment. However, there are many things to consider when financing - for example, interest rates are very likely to rise again in the next few years. That's why comparing different financial service providers can save you a lot of money, especially when it comes to real estate financing.

When buying a house, the land register entry offers optimal security, because it is almost like a biography of the house. The land register contains information on the origins, the owners and the Real estate financing. The land register entry is reliable and shows ownership of a property in a legally binding form.

Buying a second property is a goal for many capital investors and prudent families. Perhaps you’re considering a weekend getaway, looking for a future retirement property, wanting to size up and rent your current home, or thinking about an investment to pass on to your children. Whatever your reason, you’ll need a solid financial plan.

Selling a property can be a significant financial milestone, yet the tax implications often catch sellers off guard. In Germany, the speculation tax on real estate (Spekulationssteuer) is a critical factor for any private seller. If you divest a property within the statutory speculation period and realize a profit, that gain may be subject to taxation.

The student housing market is heating up in german university towns, with investors racing to finance new purpose-built developments. If you’re interested in a high-yield student accommodation investment, here are a few considerations.

The whole world of luxury real estate - discover our global portfolio of dreamlike and luxurious properties.

As one of the most polarising topics in the political discourse, the amendment to the Building Energy Act energy law is also occupying the owners of houses, flats and other properties in Hamburg Obligation to retrofit for older heating systems in favour of the heating transition in Germany was debated in the media and in public, and it took a long time for the coalition parties to reach a consensus. In mid-June 2023, an internal government Agreement has now been reached, which is considered a promising basis for adoption in the Bundestag. In this article, your estate agent for the north-east of Hamburg, Engel & Völkers Alstertal, would like to summarise for you the changes that the so-called "Heating Act" will bring for owners of houses and flats and why this is particularly important in Hamburg can be expected to be implemented more quickly than at federal level. Find out more now!

A rustic chalet in the mountains, a country estate steeped in history or a stylishly furnished penthouse - the world of luxury real estate is as exclusive as it is varied. Luxury houses and flats stand out from other properties by more than just a large living space, numerous rooms or the purchase price: a special sense for details, craftsmanship and architectural refinements and the use of exquisite materials distinguish every luxury property. And last but not least, such residential properties are always in the best locations. Here you will find the most exclusive luxury properties in the world and useful information on the development of properties in the luxury segment.
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The Canada real estate market is attracting more and more international investors. Whether as a capital investment, vacation home, or long-term wealth strategy – property prices Canada offer attractive entry opportunities compared to other global metropolises. In this article, you will learn everything about current real estate prices Canada, regional differences, legal framework conditions for house purchase in Canada, and why purchasing property in Canada remains an interesting option despite new regulations.

Buying a house anywhere, even if it's for the relaxing pursuit of a holiday, is a financial investment. That's why you should be looking for the best place to buy a holiday home based on market trends, gathering all the information you can before investing in a property.There are some upcoming hotspots around Europe you should be looking if you're considering a second home, combining everything you could possibly want from your holiday with a solid investment in real estate.
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310