
Letting residential property
Important aspects when letting a flat
- 4 min read
- 01.11.2023
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Important aspects when letting a flat

What you should bear in mind when inheriting across borders

Hamburg has used its own property tax model since 2025. Here we explain what this means for you and how high your tax burden is likely to be, including the formula and a practical example.

What you need to know now

If you want to find out about land prices in the various locations in the city, the standard land value for Kiel is a good guide. The digital standard land value map shows the different standard land value zones can be viewed. This gives property sellers and prospective buyers an initial impression of the different land prices with the help of the standard land value in Kiel. As the standard land value always refers to a reference property of a certain size, the stated standard land value for another property must be converted accordingly.

Useful facts about lifetime gifting

At a glance: The statutory rent freeze and what landlords should know about it

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.

If you’re fortunate enough to have space in your home that you don’t require for your own personal use, there’s no need to let it sit there unused. Instead, you can capitalise on your extra space by putting it to work in several different ways, all of which can earn you some additional money.

Whether an imposing villa or a modern apartment: a variety of real estate dreams come true in Lüneburg
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An overview of the rights, taxes, and obligations associated with owning and using your own holiday home.

A standard tenancy agreement specifically for Hamburg tenancies is the so-called Hamburg tenancy agreement. It was developed by the Hamburg Landowners' Association. As a Hanseatic organisation representing the interests of private land and property owners, the model contract was originally created to provide assistance to its own members. Not only landlords but also tenants benefit from using the standardised Hamburg tenancy agreement. This is because the standardised tenancy agreement offers legal certainty for the entire housing market in Hamburg. But that's not all. Tenants and landlords of commercial property also have the opportunity to benefit from a commercial version of the Hamburg tenancy agreement. There is also a model contract for the letting of garages and car parks. All three Hamburg tenancy agreements have the same requirements and advantages. With Engel & Völkers Hamburg Elbe, you will also find fantastic flats and houses to rent or buy. Discover interesting properties with us in Baakenhafen, the Elbe suburbs and other districts of the Free and Hanseatic City of Hamburg. Find out more about the individual properties:
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310