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Seller
Speculation period: You should pay attention to this when selling your property
Houses, flats and other properties in Munich have risen sharply in value in recent years: The great popularity of the Bavarian capital, the rising population and the resulting surplus demand have created a seller's market that provides comfortable starting conditions for owners. In order to utilise these as effectively as possible and achieve the maximum return when selling a property in Munich, the potential obligation to pay speculation tax should always be kept in mind. This article by real estate agent Engel & Völkers Munich sheds light on the cases in which speculation tax must be paid, the role played by the speculation period and why a sale can be particularly worthwhile for you after this period has expired.
What can be done with a property in the event of a divorce
Living happily together in your own four walls is part of the ideal of a life together as spouses. This is why buying or building a home of one's own as an investment with a stable value becomes part of the joint wealth accumulation for many couples.
The declaration of division of a property in Hamburg: structure, content and function
If more than one owner is to be registered for a house, a condominium or a plot of land in Hamburg, a so-called declaration of division is required: This clearly defines the ownership structure between several people who together form the community of owners. If you are planning to buy a property in Hamburg and name more than one owner, you can use this article from your real estate agent Engel & Völkers Hamburg Elbe to find out what the contents of the declaration of partition are and what functions it performs for the community of owners.
Private subletting - what is permissible and what is not?
You want to sublet your apartment? Whenever a contract is signed, the signatories should be aware of the applicable legal situation in order to avoid any subsequent disputes resulting from inadequate knowledge of the law. This also applies to subletting your own four walls. We would like to inform you about the most important legal principles by answering frequently asked questions.
Lofty ambitions for your home: the value of attic conversions
What if there were thousands of pounds just waiting for you in your loft? Attic conversions are considered among the top ways to increase your home's selling power by real estate agents, adding up to 20% to the value. Whether you've got a penthouse suite, a games room or cosy library in mind, transforming your loft can add space to your property and increase your return on investment.
Rezoning: What about fire protection and parking?
Office instead of restaurant? Gastronomy instead of retail? When a change of tenant is imminent, owners of a commercial unit sometimes think about letting another industry move in. But then a change of use must be applied for. What should owners know about this?
Example of hotel use
Hotel properties are Purpose-built properties with an infrastructure and furnishings geared to the purpose of tourist accommodation. Especially in the case of small and medium-sized hotels in central locations, a change of use to profitable residential use is often an economically attractive option for the property owner.
House sale contract - what you should pay attention to
A house sale contract is needed to facilitate the change of ownership of a property. At the same time, such a contract usually raises many questions for buyers and sellers. After all, selling a property is an everyday undertaking for very few people. It is therefore all the more important that the contract for the sale of a house is drawn up with appropriate care and prepared in a way that is understandable for all parties involved. In the following, we therefore explain in advance key questions regarding the contract of sale of a property.
Contact
Contact your personal advisor
Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310