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Second home tax Hamburg - What does a second home in Hamburg cost?

If you use a second home in the Free and Hanseatic City of Hamburg, the tax office for transfer taxes and real estate may ask you to pay the second home tax in Hamburg. The tax applies to holiday homes, student flats or secondary residences for other purposes. Even a caravan on a permanent pitch can be a second home subject to registration. In Germany, the local authorities themselves determine whether they levy tax on the use of secondary residences, who is liable to pay tax and how much tax is payable. Find out whether your second home on the housing market in Hamburg is subject to the Hamburg Second Home Tax (HmbZWSt). With Engel & Völkers Hamburg Elbe you will find fantastic flats as a capital investment, main residence or secondary residence.

  • 2 min read
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Aerial view of Zurich's historic city center showing luxury waterfront properties along the Limmat River, featuring traditional Swiss architecture, church spires, and high-value real estate in Switzerland's most expensive property market

Zurich real estate prices: Stable market, high demand

Zurich real estate prices continued to show a stable upward trend in 2024. As an economically important metropolis, Switzerland's largest city experiences enormous popularity, even beyond national borders. From urban flair with diverse cultural offerings and entertainment options to magnificent landscapes for recreation, the city and its surrounding canton offer something for every taste. Where does Zurich show its most beautiful side, and how are real estate prices developing? Our Market Insights Zurich provide you with insights into developments and trends!

  • 5 min read
  • 16.12.2024
Visit Zurich real estate prices: Stable market, high demand
The image shows the impressive architecture with its undulating glass roof, reminiscent of water waves or sails. The lower third of the building consists of a sturdy red brick base, reminiscent of the former quay warehouse building. The Elbe River can be seen in the foreground.

Hamburg's perhaps most exclusive flat in the Elbphilharmonie

Since their completion, the condominiums in the Elbphilharmonie have undoubtedly been among Hamburg's most sought-after real estate properties. Almost all available flats in the concert hall at Hamburg's harbour, which opened in January 2017, were marketed within a short time. But even if you are not one of the new owners of the luxurious flats, you can still experience the incomparable living flair of these unique properties. Engel & Völkers Hamburg Projektvermarktung invites you to take a tour of one of Hamburg's most exclusive flats in the Elbphilharmonie:

  • 3 min read
Visit Hamburg's perhaps most exclusive flat in the Elbphilharmonie
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Buy a Seaside Home with Engel & Völkers

A house or villa in a frontline coastal position - the most coveted of locations - is more than just an exceptional home; it is a guaranteed escape from the pace of city life and the daily routine. Furthermore, the opportunity to „share" your property in such a sought-after destination through holiday rentals makes the purchase of such a home a highly profitable real estate investment.

  • 4 min read
  • April 7, 2026
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Historic German villa featuring red brick construction, distinctive round tower with conical roof and flag, half-timbered elements, landscaped gardens with manicured hedges, mature trees, and traditional fence under blue sky

Straight to your dream flat: With these tips, you can successfully apply for a rental offer

In tight housing markets such as Hamburg, where there are often several interested parties applying for a single rental offer for a flat, landlords are often free to choose the tenant of their choice. Especially if you have found your dream property to rent, for example in Hamburg Eimsbüttel, a convincing application is particularly helpful for the final acceptance. The following tips from your real estate agent Engel & Völkers Hamburg Elbe will help you to appear as confident and evident as possible in the application process for your new flat in Hamburg Eimsbüttel.

  • 3 min read
Visit Straight to your dream flat: With these tips, you can successfully apply for a rental offer
Cobblestone street with cafés and timber-framed homes in Harburg’s old town – attractive residential and mixed-use location

Jork - the paradise in the Old Land

Less than 35 kilometers separate Jork in Lower Saxony from Hamburg city center. Between Stade and Hamburg Harburg, the small municipality with just over 12,000 inhabitants is picturesquely situated on the southern bank of the Elbe. Covering an impressive 62.26 square kilometers, the heart of the Altes Land offers plenty of space for fruit trees, but also for families, couples or singles and their properties. The romantic village has a lot to offer its residents and visitors. At first glance, time seems to have stood still a little in Jork. Charming half-timbered houses adorn the center of Jork and the banks of the Elbe as well as the various districts along the Este. There are no traffic jams or dense population in Jork. As the center of the largest fruit-growing region in Europe, Jork consists of seemingly endless rows of fruit trees. There are said to be around 20,000,000 trees that produce the famous apples as well as other trees that bear delicious fruit. The seven districts are generously spread out in between, where it is still possible to live comfortably and with plenty of open space.

  • 2 min read
Visit Jork - the paradise in the Old Land
A serene residential area with modern white apartment buildings, balconies with plants, a pedestrian-friendly walkway, bicycle racks, and green spaces, exemplifying community ownership and sustainable urban design.

The Fundamentals of Community Ownership

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.

  • 4 min read
  • 26.09.2024
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Bird's-eye view of a city with many buildings. On the left, you can see water with a stretch of beach and a row of green trees.

What is the local comparable rent based on?

The local comparative rent is formed from the usual rents of the municipality (or a comparable municipality). The living space must be comparable in terms of type, size, equipment, quality and location. The period under consideration for the local comparable rent is four years. Increases due to increases in operating costs are not taken into account.

  • 5 min read
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Engel & Völkers Germany

Vancouverstraße 2a

20457 Hamburg, Germany

Tel: +49 40 361310