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?
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The real estate commission—also known as the brokerage fee or agent’s fee—is the compensation for the intermediary or proof-of-opportunity services provided by a real estate agent. Anyone looking to buy or sell property will quickly face these core questions: Who pays the agent when selling a house? How high are the fees when buying? And when is the payment due—after the notary appointment or earlier?
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To furnish or not to furnish? As a landlord, it’s one of the key questions. If you’re wondering whether or not you need to invest in some furniture for your property before you rent out, there are a few things you need to consider so you can make the right decision.
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.
When a property is part of a company's assets
New EU directive, harmonised efficiency scale, extended obligation to present the certificate
A current energy performance certificate for a house sale, which provides information on the energy condition of a property, is one of the essential documents. Since the Building Energy Act (German: Gebäudeenergiegesetz, abbreviated to GEG), such an energy performance certificate is mandatory if you are selling your property. Below, we explain the most important questions regarding the energy performance certificate obligation when selling a house and present the two different types of certificates.
In the age of online marketing, open house viewings seem almost antiquated, but before you completely abandon the concept, you should know that real estate consultants have good reason to stick to these group events. This classic approach is perfect for attracting new customers and - to the seller's delight - for starting a bidding competition.
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Thanks to virtual property viewings, house sales are becoming more digital: In addition to the classic viewing appointment, Engel & Völkers offers homeowners the opportunity to market their property by means of virtual property viewings. We have summarised for you below how this works, what advantages digital marketing offers and what buyers should consider when taking a virtual tour:
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.
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Many foreign buyers are looking for the “real Paris” – first and foremost: Americans
What wills and inheritance contracts regulate
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310