Rent + buy in Brunswick! House, apartment, districts and yield – Broker Interview
Rent or buy in Braunschweig. Green parks, renovated apartments or beautiful single-family homes. Braunschweig offers you everything! Rentals and capital investments. Find your dream property in Braunschweig in the heart of Germany. Should you rather buy and rent? How good are the returns in Braunschweig and the surrounding area? And which districts are the most beautiful in Braunschweig to live in? You can find out all this and more here in this article. More realtor recommendations for Bra unschweig and the surrounding area. Also in Germany in our article: Realtors Germany
Rent, buy, live in Braunschweig
A good start in the real estate world is always the purchase of the first apartment. In his interview with FIV Magazine, the Welfen Immobilien team explains their experience with properties in a good C-location. The yield here depends on the type of house or apartment. For example, microapartments have different exploitation possibilities than single-family homes. Location is also a decisive factor in pricing, whether in Elmaussicht, Mascherode and other districts such as Rühningen or Stöckheim.
This is where Braunschweig is located in Germany:
Brunswick from close up:
Rents in Braunschweig: Price orientation of the city districts
After the successful purchase of the property and the execution of the purchase contract, you naturally want to furnish your newly acquired property according to your individual needs. From the living room furnishings, to the garden design, nothing stands in their way of your creative imagination.
Buying in Braunschweig: yield and ancillary costs
In our interview, you will learn everything about real estate and returns in Braunschweig. Should you buy a property in Braunschweig or is it more worthwhile to buy nearby, for example in Wolfenbüttel or Salzgitter?
Interview about real estate in Braunschweig
The first condominium or real estate as an investment? In this interview you will learn the most important tips & tricks. Buy, rent, live in Braunschweig but also tips for capital investments. We ask the questions, he provides the answers.
Guelph ImmoService: Real estate agent interview
FIV: Before we talk about Braunschweig and its real estate market and your recommendations for tenants and buyers, we would like to know a little more about your agency Welfen ImmoService. Could you briefly summarize for our readers what your agency does and what you specialize in?
Answer: We rent and sell properties in the area of Braunschweig, Wolfenbüttel and surroundings. From the 1 room apartment to the apartment building, everything is possible with us.
Favorite properties: architect homes & franchises
FIV: As a real estate agent in Braunschweig, which properties do you personally prefer to broker?
Answer: We care about every customer, whether it’s a small apartment for rent or an architect’s home, every customer gets the same attention. We also have a strong presence in commercial leasing and serve many clients with start up businesses or franchises looking for new locations.
New building with loft apartments in Rühningen:
Neighborhoods with a future: Ostring & parks
FIV: Neighborhoods for Singles, Families & Co. – For those who don’t live in Braunschweig yet and want to move to Braunschweig, which neighborhoods have a future? Where should you move to in Braunschweig if you want to live nicely?
Answer: Very popular in Braunschweig is the eastern ring with its large parks, but there are unfortunately big problems with parking spaces. For some years now, the western part of Braunschweig has been in trend, with many redeveloped apartments and suitable rental prices.
Development of the real estate market in Braunschweig
FIV: Rents are a big topic, all over Germany. How has the real estate market and rental prices in Braunschweig developed in recent years and how will they develop in the future?
Answer: Due to the energy efficiency measures, rents have also risen sharply in Braunschweig. In principle, a rental price of between €8 and €11 is acceptable in our
catchment area the norm. In the future, a lower increase in rents is to be expected due to the many new buildings.
Broker recommendations for price orientations
FIV: In Germany, more people rent than buy. What would you recommend to a young couple or even a single person, renting or buying in Braunschweig?
Answer: We recommend that young couples with a secure income buy as early as possible. A property represents a secure retirement provision if it is bought in the right price range and buyers should in any case have at least 10 percent equity capital at the time of purchase. An important point is good advice on the purchase, including financing. With the first real estate purchase price should not be too high, often one must make the customers consciously like long it lasts until the buyer can call the object its own.
Garden of a property in Mascherode:
From apartment to single-family house buying in Brunswick
FIV: Anyone who rents in Braunschweig is relatively flexible and can move if necessary. Anyone who buys a property, whether a home or a condominium, is at least tied to the property for the long term by the loan or financing. What are typical first-time buyer mistakes from your experience as a real estate agent and how can you avoid them?
Answer: A property that is too large or a purchase price that is too high.
We recommend! From the apartment to the house is the healthy way.
If a foundation has already been laid by a paid property and a profit can possibly be made on the sale, this is the best way to build a new home; i.e. a single-family house.
Real estate transfer tax and incidental purchase costs
FIV: The purchase price of a property is one thing, but what ancillary costs and taxes must buyers in Braunschweig expect?
Answer: In Brunswick, the buyer must expect a little over 10 percent in ancillary acquisition costs, this is ideally available as equity.
2-storey family house in Brunswick:
Real estate as an investment: Where to buy?
FIV: Let’s talk about real estate as an investment in Braunschweig, for those who want to buy and rent. If our reader decides to buy, with subsequent renting: Which 2 districts or satellites around Braunschweig would you recommend to a buyer for their capital investment in Braunschweig? In your opinion as an expert, where do the most future opportunities lie?
Answer: In the western area of Braunschweig and Wolfenbüttel with good connections to Braunschweig.
Real estate with a future: commercial units or Tiny houses
FIV: In your opinion, what type of real estate has a future in Braunschweig, what should one invest in? Small, large, existing, new construction?
Answer: Small commercial units for redevelopment, as well as properties in outlying areas. New construction only if the builder is a professional. Or expansion of existing properties
through extensions or additions. Tiny houses are also on the rise, as they can be built on small areas.
Selling a house or apartment: What to do?
FIV: Finally, one more question: You had mentioned the typical mistakes buying a property. Many buy, but some also want to sell. As an experienced real estate agent in Braunschweig, what tips can you give to those who are selling a property for the first time? What are the first steps and how do you successfully sell a property in Braunschweig?
Answer: It is best to go through a broker with experience, owners are usually bad sellers because they are emotionally attached to the property.
Thanks to Welfen ImmoService for the interview!
Buying your first apartment: Owner occupation or capital investment
You want to realize the dream of the first own property, but do not know where to start? Learn everything about the first home and the most important steps in our article.
Rent, buy, live in Braunschweig
For the realization of their dream of the first home, whether you rent with or buy, and how to get the maximum return in Brunswick learn in our article about realtors in Brunswick.