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.
For employees who regularly have to travel long distances to work, staying overnight at their place of work during the week is a convenient option. Hamburg city centre is a typical example: numerous hotels here offer permanent accommodation for commuters. The monthly amounts paid for the hotel stay can be invested much more sustainably: On closer inspection, buying a condominium at the place of work is the much more sensible option. Find out from your real estate agent Engel & Völkers Hamburg Elbe why home ownership quickly pays off for commuters.
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Why the spring housing market holds new opportunities for you
Mexico is increasingly becoming one of the most sought-after destinations for investors looking to acquire vacation homes Mexico as a second residence or profitable investment. With its cultural diversity, stunning beaches, and attractive real estate market, the country offers ideal conditions for purchasing property. This comprehensive guide informs you about everything you need to know about vacation homes for sale in Mexico.
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Centuries-old building tradition and trademark of the north German coastal region
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.
Whether it’s a holiday home, weekend retreat, or investment property – what really matters when buying a holiday property.
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.
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!
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.
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310