
Save taxes through tax allowances
The amount of allowances you can utilise
- 3 min read

The amount of allowances you can utilise

Selling your parents' house - there can be various reasons for taking this step. For example, the sale of the parental home is often the result of an inheritance or if the parents wish to downsize in old age. However, this change raises a number of questions: Should one sell the parental home within the family instead of bequeathing it? And are children allowed to sell their parents' house when they are no longer legally competent? We explain these and other questions below.
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How modern landscaping boosts your property value

They are the epitome of a cosy living atmosphere and set individual design accents in their various forms, from modern to classic: wood-burning stoves have a long tradition worldwide and are very popular with property owners. What's more, the combination of energy efficiency and design can make a fireplace a real heating alternative, which also makes retrofitting worthwhile. In this article by your real estate agent Engel & Völkers Hamburg Elbe, you can find out why it may be worth installing a fireplace in your house or flat in Hamburg and what requirements your property must fulfil.
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If you want to buy or sell a multi-family house, you have to comply with some building laws which are particularly relevant for investors. In addition to the current legal situation, the possible development of municipal regulations should also be taken into account when making an investment decision.

How do you calculate the value of a plot of land? How does the price of a property come about? For these and similar questions, the so-called standard land value is a decisive factor. It serves as the basis for calculating the value of real estate and land.

How intestate succession works

Strategies for premium real estate success

To the north of Constance, the district of Dingelsdorf is picturesquely situated on a slight hillside and meanders along the shores of Lake Überlingen. Here you will find marvellous Constance condominiums with lake views. Or would you like to buy a house in Constance for the whole family at attractive prices? In the quiet residential area of the town with its approx. 2200 inhabitants, you can enjoy the relaxed atmosphere of the green region on Lake Constance between Dettlingen and Litzelstetten. Relax in your leisure time at the lidos or in the Dingelsdorfer Ried nature reserve. The ferry takes you to Überlingen on the other side of the lake in ten minutes. You can reach Allensbach and the B 33, on which you can cross the whole of Baden-Württemberg, just as quickly by car. Even Constance's old town is only around a quarter of an hour away. By the way, with Engel & Völkers you will also find Properties in the district of Constance as well as in other districts and towns.

A change of use from commercial to residential or vice versa can make sense in many cases. After all, the real estate market is in a constant state of flux. Demand and usage patterns change, especially in economically turbulent times. This demands flexibility from the owners of a property. In this way, it is possible to react to the current trends in real estate use and to increase the Value creation potential of the property can be fully exploited.

Tips for inheriting the family home

The broker’s fee is one of the biggest cost factors arising from property sales for owners and buyers. But what does a real estate agent do for the brokers fee you pay and why does it pay off?
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310