The growth of the German real estate industry did not halt even in 2019 - the time to sell an apartment or house has never been better in Germany thanks to the considerable demand, the low interest rate on bank loans and generally high asking prices.
Are you considering taking advantage of the opportunity to profitably sell your property to benefit from the added value of the home or apartment? Then you should get in touch with a reputable real estate agent in order to harness the full potential of your property for sale.
The following article will give you an insight into the decisive advantages that you get from a professional real estate agent marketing over the sales on your own.
Many private owners of houses or apartments in Germany lack the necessary prior experience and the technical know-how to correctly assess the current value of their own property. The consequence is that a self-imposed selling price is based on a wrong basis. Although a selling price that is set too low often leads to short selling times, it simply gives away part of your own capital - a mistake that should be avoided at all costs. On the other hand, an excessively high offer price has the opposite effect: potential buyers refrain from buying, so that the property stays on the market for a long time and the impression of being inhabitable arises. In order to define a really reasonable selling price, in addition to a specific location, equipment, year of construction, size and condition of the house or apartment, the current market situation in Germany with possible competitive offers and other factors must be included - a private seller rarely has access to all the necessary Information.
If you turn to a competent real estate agent, you benefit from years of location experience in your regional market: Thanks to comprehensive comparison values, a complete overview of the current real estate offer in your area and an eye for all the necessary details, you can work with your real estate agents at Engel & Völkers Germany to determine both the value and a suitable sales price range, which leaves enough room to figure out the final sales price, depending on the speed or return of the sale. Since the brokerage fee for the real estate broker is usually split between the buyer and the seller and only covers a fraction of the total sales made, it is always preferable to consult the real estate broker against improper valuation.
At Engel & Völkers Germany you have the opportunity to have a professional appraisal of your house or apartment done by our expert real estate agent team - free of charge and without obligation. Learn more!
In addition to the question of the right price of your real estate for sale, hiring a real estate agent also brings along some crucial benefits in terms of comfort and time savings. When it comes to a successful real estate sale, there is much more to it than just the mere upload of the offer into an online real estate portal: viewing appointments want to be organized and carried out, contract documents require preparation and customization. But the abundance of administration and communication, which makes a real estate sale necessary, requires many hours of work. If you want to create a meaningful synopsis with digital impressions of your property that convinces potential buyers right from the first impression, the sale in its entirety can quickly become a full-time endeavor.
A trusted real estate agent will take care of all these tasks for you. Through their routine work within this field of activity, they can perform all the necessary work not only faster but also better in terms of quality than is usually possible in the private context. This way, you can make good use of the time quota won and at the same time benefit from a satisfactory sales result that your real estate agent realizes for you.
In summary, the decision to sell a home or apartment with real estate agents proves to be consistently worthwhile, both financially, temporally and qualitatively. For efficient marketing, Engel & Völkers real estate broker teams are available throughout Germany with the highest level of expertise and expertise. In an individual consultation in one of our real estate shops in your area, we would be pleased to personally convince you of our high quality service offer. Feel free to email us or call to set up an appointment with your local real estate agent soon!
Real estate investing in Germany, whether it's for private or commercial use, can be a highly rewarding venture. We've been operating in the this real estate market for over 30 years, and have offered commercial brokerage services since 1988. Our specialist shops are staffed by advisors that are always on hand to help you find the perfect space, be it for business or personal investment. If you’re seeking real estate in Germany, then read on for valuable insight.
The residential real estate market in Germany, particularly the premium side, is currently performing very well. We only deal with high-end properties, and are perfectly placed to help you find your dream house for sale in Germany. The commercial sector is well suited for rental investments in particular, with office properties in high demand. If you're looking for a strong return on investment when you sell property in Germany, our teams can ensure you locate the right retail, office or industrial space for your portfolio.
The cities dominate the German residential markets. Berlin remains one of the highest-value areas, as does Munich. However, you'll find plenty of premium houses for sale in Germany out in the countryside too. If you're considering real estate investing, then high-end properties will offer you the greatest returns, especially in the current climate. We ensure that our portfolio contains only the very best property for sale in Germany, so you don't have to spend time sorting through lengthy lists of low-value prospects.
1) Buying and selling apartments
Choosing to buy an apartment in Germany, especially in a city, can be a solid investment. Whether you're planning on selling an apartment, living there yourself or renting, now is a great time for the German property market in general. Large exclusive residential complexes are of particularly high value at the moment,and lowering interest rates make this a good time to purchase a residential property too. Berlin is currently a great location for apartment sellers and renters; particularly Berlin-Mitte and Charlottenburg-Wilmersdorf where apartments are garnering high prices.
2) Buying and selling houses
Looking to buya house in Germany? Luxury homes are always in demand, especially in urban areas. Earlier this year, we reported that Munich saw the largest increase in value for detached and semi-detached properties inthe Oberföhring district. Stuttgart is also a prime location for upscale property. Our studies found that the sale value of mansions in this area rose dramatically last year. High-end houses are an excellent way to get an impressive return on investment given the current market trends.
3) Urban and rural properties
One thing to consider if you're looking at investing in real estate in Germany is whether to opt for a rural or urban location. While markets certainly make the most movement in cities and the surrounding areas, there are superb investments to be found in rural locales as well. The current rise in housing prices in urban centres makes it a much better climate for sellers. This is causing an investor trend of moving to second tier cities and more rural areas. Slightly more remote properties are likely to only increase in value as the urban markets stabilise.
We apply the same approach to our commercial portfolios in Germany as well. Current trends indicate that it's a great time to invest in a commercial German property, and demand for smaller retail and office spaces is set to increase. This means long-term rental demand is also on the rise. Commercial property investment requires different skills and approaches to residential lettings, which is why our agents know their local markets, be they in Germany or abroad. Ongoing training and analysis ensures our teams can help you with consultation and brokerage as well as buying and selling.
1) Industrial and logistics
As online retail and startups continue to take more of a share of the retail market overall, the demand for storage and logistic space also continues to grow. This means that warehouse space,especially if it's well connected to transport networks, is in demand. If you have an existing facility you wish to sell, then now is a good time. Our experienced team can take you through all the necessary steps. Conversely, if you're looking to buy commercial space as an online retailer or small company, we can help you find the right option for your business.
Also related to the startup boom and increase in online retail is the accompanying demand for office space. Location, however, is growing in importance. Smaller businesses and their employees are more focused than ever on the whereabouts of their workplace, as well as what amenities and cultural locations are within reach. Affluent regions are increasingly becoming the focus of investors for this reason, as well as the fact such areas tend to have lower competition intensity.
3) Retail properties
Traditional retail properties like shops and outlets are less of a secure investment in the current climate. While online retailers are driving demand for smaller, better-placed offices and logistical space, this is having a backlash on the demand for conventional retail properties in Germany. That said, an increase in sales of retail space is expected according to some sources, which means it's a potentially good climate if you're considering selling yours in order to diversify your investments or alter your existing portfolio.
At Engel &Völkers we pride ourselves on being able to offer transparent, concise and expert advice on real estate in Germany. Have a look at our property insights for inspiration and tips, or contactus today.