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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.

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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.

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Calculating living space - the right way!

If you are looking for a new property or even want to sell your property yourself, you will often come across terms such as living space or floor area. But what exactly do these terms mean and what is the difference? In this article we would like to clarify the topic of living space and show you how it is calculated.

A small house model figurine on a newspaper article with the headline "Immobilien" (real estate), surrounded by blueprints and a calculator.

Market value vs. sales price: what's the difference?

Before a property can be sold, you need to find out what its financial value is. This is where the market value comes into play: various methods can be used to determine the objective value of a property. The market value thus forms the basis for the selling price of a property and is based on the price that can be achieved in the ordinary course of business at the time of the determination, taking into account all relevant factors such as location, condition and building materials used. This value is determined without taking into account personal or unusual circumstances and takes into account legal circumstances and actual characteristics. In simple terms, the market value represents the most likely selling price.

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Engel & Völkers Germany

Vancouverstraße 2a

20457 Hamburg, Germany

Tel: +49 40 361310