Rent, buy, live in Stuttgart

A good start in the real estate world is always the purchase of the first apartment. Michael Maile explains in his interview with FIV Magazine his experience with real estate in a good A-location. The yield here depends on the type of house or apartment. For example, microapartments have different exploitation possibilities than single-family homes. The meso location is also decisive in pricing, whether in Bad Canstatt, Feuerbach and other districts such as Sillenbuch or Vaihingen.

This is Stuttgart in Germany:

Stuttgart from close up:

Rent: Contract & Settlement

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.

Buy: Return on investment through real estate

In our interview, you will learn everything about real estate and returns in Stuttgart. Should you buy a property in Stuttgart or is it more worthwhile to buy nearby, for example in Esslingen or Ludwigsburg?

Real estate agent interview about real estate in Stuttgart

The first condominium or real estate as an investment? In this interview you will learn the most important tips & tricks. Buy, rent, live in Stuttgart but also tips for capital investments. We ask the questions, he provides the answers.

Maile Immobilien: Interview Partner

FIV: Before we go into Stuttgart and its real estate market and your recommendations for tenants and buyers, we would like to know a little more about your agency Maile Immobilien. Could you briefly summarize for our readers what your agency does and what you specialize in?

Michael Maile: We are a real family business with me in the 4th generation. To guarantee a service with one’s name for so many decades is not a matter of course and of course totally shapes one’s daily actions and dealings with our customers.

Some of our customer relationships even date back to the founding year of 1925.
We have been located extremely centrally in Stuttgart’s Königstraße for almost 100 years and serve the entire greater Stuttgart area from here as a reliable contact for valuations, sales and rentals.

Interview partner Michael Maile:

Single family home or townhouse? Favorite properties

FIV: As a real estate agent in Stuttgart, which properties do you personally prefer to broker?

Michael Maile: Most people probably think that real estate agents always dream of the large luxury villas that undoubtedly exist in Stuttgart. Personally, however, I have always had the best experiences with somewhat smaller properties such as small detached houses, semi-detached houses or terraced houses. These are basically my favorite objects, also because you often have to deal with very pleasant customers on both the seller’s and the buyer’s side.

Rents in Stuttgart: Neighborhoods with a future

FIV: Neighborhoods for Singles, Families & Co. – For those who do not yet live in Stuttgart and want to move to Stuttgart, which neighborhoods have a future? Where should you move to in Stuttgart if you want to live nicely?

Michael Maile: Stuttgart has a very unique topography with the well-known Stuttgart Kessel. This in turn means that the city center is relatively limited. So if you want to live very urban with short distances or perfect local connections, there is something for everyone here. I wouldn’t make any big distinctions between the districts.

As before, the west and south is certainly the most popular.

For families, again, other priorities apply with something quieter, safer and greener location. There are plenty of these around Stuttgart, too. I personally favor the southern parts of the city, such as Sillenbuch, Degerloch and Möhringen, because of their very good infrastructure and short distances not only to the city center, but also to the airport or the highway.

Development of the real estate market: rent stagnation

FIV: Rents are a big topic, all over Germany. How has the real estate market and rental prices in Stuttgart developed in recent years and how will they develop in the future?

Michael Maile: Even if you hear different things in the media. We are noticing a clear stagnation of rents in all areas. The times of constant increases seem to be over for the time being. However, due to the natural limitation of the Stuttgart cauldron, the supply remains fundamentally very manageable. Even redensification or additions to existing buildings are only marginally feasible. In this respect, demand is still significantly higher than supply.

Through Corona, however, there are already sustainable reasons here, such as the home office, which rather provide for some relaxation in the inner city area. In turn, the green peripheral locations have become more sought-after. The future always means looking into a crystal ball, but I still consider Stuttgart to be a very stable location, although it seems to be settling at a fairly high level.

Modern apartments in Stuttgart-Vaihingen:

Recommendations for beginners: rent or buy?

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 Stuttgart?

Michael Maile: As you know, there are different philosophies here. And there are simply no blanket statements here. I myself am a big fan of owner-occupied property because it simply means a lot of freedom in everyday life and, in case of doubt, also a good retirement provision.

However, this must be preceded by a clear commitment to the location and solid financing that still leaves enough leeway for vacation, children, etc. These are often quite big hurdles. On the one hand, flexibility in the job often has to be higher today, and on the other hand, the purchase price is so high that financing is only possible with considerable restrictions.

In such cases I advise then rather to rent and rather to buy only if a family is to be founded. And then, in case of doubt, clearly outside the city at affordable prices and with other priorities such as short distances to school or a large garden.

Buying the first condominium in the city

FIV: Anyone who rents in Stuttgart 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?

Michael Maile: There are plenty of mistakes lurking around when selling and buying. For example, buyers tend to underestimate the capital required, look too much at the property and not enough at the location, or inspect the property superficially without an expert opinion. For me, however, one of the most serious is the lack of willingness to make sacrifices.

The perfect property simply does not exist.

And the sooner you recognize this and consciously set priorities, the sooner you will find something. In many cases, people have been looking for many years. And while the real estate became more and more expensive, it simply did not succeed at some points to be satisfied with less. In the end, I often hear “if only we had…”.

Therefore: Make a clear priority list with weightings and then do not hesitate for long when a good object appears. You will not find the perfect object.

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 Stuttgart expect?

Michael Maile: The land transfer tax in Baden-Württemberg is currently 5% of the purchase price. For the notary and the land registry you should calculate 1.5%. If a broker is involved, this is between 0%-3.5%. Sometimes the seller pays the broker alone. In total, this is about 6.5-10% of the purchase price.

Stuttgart at a glance:

• Real estate transfer tax: 5%
• Notary fees: 1.5%
• Brokerage costs: 0-3.5%
• Total: 6.5 – 10%

Real estate as an investment – city proximity & old buildings

FIV: Stuttgart districts for real estate investment – we come still to real estates as capital investment in Stuttgart, for those, which want to buy and letting. If our*r Leser*in for the purchase, with following letting, decides: Which 2 districts or even satellites around Stuttgart, would you recommend to a buyer for their capital investment in Stuttgart? In your opinion as an expert, where do the most future opportunities lie?

Locations close to the city center continue to be of interest to investors.

Michael Maile: Here I would rather aim at charming old buildings than at replaceable new buildings. The development of the Rosenstein Quarter in particular will mean that quite a lot of apartments will be built in the city center in the medium term. So you should also be able to offer something unique here in the long term.
The better returns, however, are certainly to be found outside the confines of the city. I see Möhringen and Vaihingen, for example, as very interesting locations with very good infrastructure and large employers.

Types of real estate with a future – optics and efficiency

FIV: In your opinion, what type of real estate has a future in Stuttgart, what should one invest in? Small, large, existing, new construction?

Michael Maile: As already mentioned, I am rather a friend of the charming old building. Energy efficiency will certainly play an even more important role in the future, but the beautiful sandstone Art Nouveau façade will certainly not be insulated. Such buildings will always be sought after and in demand. Personally, I am not a fan of the often very monotonous new building architecture with the same residential silos that are arranged around a sad little playground, in which even the last square meter of the property is built on.

Nevertheless, it must also be emphasized that, for example, accessibility will be a more important issue, which is more likely to be found in newer buildings. Here, everyone has to weigh things up for themselves. And then, of course, it’s better to have three small apartments than one large one, also in terms of risk diversification.

Attic room of a family house:

Selling a property – quality check

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 Stuttgart, 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 successfuly sell a property in Stuttgart?

Michael Maile: First of all: In principle, you can do most things in the world yourself. The question is always how much time you have available and in what quality you can do this sustainably. Therefore, I would always strongly advise an inexperienced real estate seller to take an experienced broker on board. Simply because selling real estate at the best possible price involves much more effort than is commonly imagined. You should ask around among friends and acquaintances, check references and get a non-binding impression of the real estate company.

Renovation and modernization are always worthwhile!

Otherwise, it is important to make the bride pretty before the wedding. Small renovation works up to the conscious “stagen” of the real estate are financially worthwhile practically always. You should not only have all the documents relevant for the banks at hand, but also understand them and thus know, for example, the circumstances under land registry law or the regulations in the declaration of partition and be able to communicate them accordingly.

Deficiencies must be known and skillfully communicated. What is fatal here, of course, is the wilful concealment of such a defect.
On site it is important to arouse the emotions of a buyer. To understand which priorities he has and with which details you can arouse his final interest. Price negotiations are also often a fine line, where inexperienced sellers all too often have great difficulties.

Conclusion: Inexperienced sellers should definitely seek advice from a reliable and trustworthy expert first. Experienced sellers usually know that a good broker does not cost money, but brings money through his know-how, contacts and the enormous time savings.

FIV: Thanks to Maile Immobilien 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.

• Buy first apartment

Rent, buy, live in Stuttgart

For the realization of their dream of the first home, whether you rent with or buy, and how to achieve the maximum return in Stuttgart, you can learn in our article about realtors in Stuttgart.

• Real estate agent in Stuttgart

Rent, buy, live in Wuppertal

Our interview partner specializes in the brokerage, sale and rental of real estate in Wuppertal. In an interview talked about attractive districts, financing options and the current real estate market. Here you can learn everything about the first apartment purchase, different types of houses and types of apartments.

Wuppertal at a glance:

Wuppertal from close up:

Rentals: Service charges

You have decided to rent or even rent a house or apartment? Then you should definitely know more about bedroom furnishing and exclusive terrace design.

Purchase: New construction to old building

Find your new home in attractive neighborhoods of Wuppertal and avoid serious mistakes in your purchase! What you should know before your purchase you will learn in this article! Are you also interested in other cities? We have selected other interesting cities for you, such as Düsseldorf, Aachen and Duisburg.

Interview about Wuppertal real estate

Are you looking for a suitable property in Wuppertal? But are you wondering which are the most popular districts to live in, whether it is better to rent or buy now, or how high the ancillary costs and taxes are in Wuppertal? Then you have come to the right place. Because we have talked to a real estate agent who will answer all your questions about real estate in the region.

Oertel real estate team about the real estate market

FIV: Before we talk about Wuppertal and its real estate market and your recommendations for tenants and buyers, we would like to know a little more about your agency Oertel Immobilien. Could you briefly summarize for our readers what your agency does and what you specialize in?

Oertel Immobilien: We are primarily specialized in investment properties such as multi-family houses as well as commercial properties. However, we started our brokerage activities with condominiums and one/two-family houses. We now have a separate department for this and it receives equal attention from us. From time to time we get inquiries from owners whether we can use our marketing strategy also for renting – of course we help with such a request.

Our marketing strategy is modern and process-oriented. We value fairness with sellers and buyers and our cleverly devised processes mean that there is no room for dubious brokerage. At the end of the day, we live primarily from referrals and are delighted when buyers and sellers alike are happy to sign the contract.

Bathroom in a Wuppertal apartment:

Mediation from land to houses

FIV: As an agent in Wuppertal, which properties do you personally prefer to broker?

Oertel Immobilien: Buyers of commercial and investment properties are experienced in buying real estate and know exactly what is needed for their own decision and for the financing bank. In this respect, buyers demand a very good service and we naturally meet this requirement. It is fun to see convinced customers. It is even better when this leads to new contacts in one’s own network. However, we can by no means limit ourselves, as every property has its own charm. We build up high sympathy with every property.

Neighborhoods in Wuppertal with opportunities for the future

FIV: Neighborhoods for Singles, Families & Co. – For those who do not yet live in Wuppertal and want to move to Wuppertal, which neighborhoods have a future? Where should you move to in Wuppertal if you want to live nicely?

Oertel Immobilien: One of my employees moved to Wuppertal from Düsseldorf with his partner, and since then he has never wanted to return to Düsseldorf. He feels diversity and cohesion in Wuppertal. He is convinced by the architecture of the buildings as well as by the natural leisure facilities. All districts have their own charm. In the Briller Viertel or on the Cronenberg one lives exclusively, in Barmen the rents are relatively inexpensive, in the Nordstadt it is particularly communal, in the Südstadt one is quickly at the university and in Beyenburg one lives in the country. As you can see, there is something for everyone.

Neighborhoods with charm:

• Brill quarter
• Cronenberg
• North City
• South City
• Beyenburg

Briller Viertel at a glance:

Rental price development in recent years to date

FIV: Rents are a big topic, all over Germany. How has the real estate market and rental prices in Wuppertal developed in recent years and how will they develop in the future?

Oertel Immobilien: Wuppertal has been developing at breakneck speed for a decade and, due to its good transport links, is also becoming increasingly interesting for people from surrounding cities such as Cologne, Düsseldorf or Dortmund. Compared to the aforementioned cities, the rent here continues to be lower, which is why people decide to move to Wuppertal. However, the demand for real estate offers is also very high here and the rents have not been as cheap for a long time as you might remember from the past.

It is likely that rents will continue to rise. The old properties are gradually being renovated, turning them into very nice old buildings with high ceilings and large windows, which is why the price per square meter is also rising. New construction projects are also not being finished fast enough so that the demand could be satisfied.

Here you can see a wardrobe in a granny apartment:

Broker assessment: rent or buy

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 Wuppertal?

Oertel Immobilien: That’s a very individual question that everyone has to answer for themselves.

If someone has the opportunity to purchase a property, he should do so.

Real estate prices will not fall so easily and with the favorable loans currently, it has not been so appealing to become the owner of a property for a long time. If single people or young couples at some point the property becomes too small, they have made an investment for the future at a young age and benefit from it when you want to buy a larger property.

Home and condominium: buy or rent

FIV: Anyone who rents in Wuppertal 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?

Oertel Immobilien: First-time buyers like to make the mistake of not getting enough advice, but at the same time, a property is usually sold quickly, so you don’t have the opportunity to think long and hard about a purchase offer. The lack of knowledge makes it so difficult, which is why it is advisable to observe the market beforehand. Only when you feel confident and you know exactly what kind of real estate you want to buy, you should take the first steps to buy real estate.

It makes sense if the financing is already clarified with the bank in advance. In case of questions, an open and honest communication with the real estate agent is helpful, because this avoids doubts and wrong decisions.

Living and dining room area in family house:

Service charges and taxes in NRW

FIV: The purchase price of a property is one thing, but what ancillary costs and taxes must buyers in Wuppertal expect?

Oertel Immobilien: A real estate buyer is usually aware to include the brokerage fee and incidental purchase costs. Depending on the broker, the commission can range from 0 to 10%. The land transfer tax for Wuppertal is 6.5% and the notary takes about 2% for the notarization.

• Broker commission: 0 – 10%
• Real estate transfer tax: 6.5%
• Notary: 2%

Often the cost of renovation and relocation is underestimated and not factored in.

Investment: Wuppertal districts with a future

FIV: Wuppertal neighborhoods for real estate investment – Let’s move on to real estate as an investment in Wuppertal, for those who want to buy and rent. If our*r reader*in for the purchase, with subsequent letting, decides: Which 2 districts or satellites around Wuppertal would you recommend to a buyer for their capital investment in Wuppertal? In your opinion as an expert, where do the most future opportunities lie?

Oertel Immobilien: That varies from project to project. If you want to take a certain risk and invest in an inexpensive property, which may increase in value in a few years, you are probably served with the district Oberbarmen & Heckinghausen. If you want security, you buy an expensive investment property in Elberfeld-, in Barmen or in Vohwinkel-Zentrum.

Districts that increase the value of the property:

• Oberbarmen
• Heckinghausen
• Elberfeld
• Vohwinkel

Heckinghausen at a glance:

For those who bring time and do not necessarily pay attention to securities and quick profit, are probably better served with Oberbarmen and surroundings. But beware, it is up to the property whether it is worth the investment or not. It is important to have a close look at the property and to know the history behind the house. Thus one avoids bad investments in allegedly promising locations. If one is not careful, one buys too expensive a building plot with a demolition object.

Real estate types with future opportunities

FIV: In your opinion, what type of real estate has a future in Wuppertal, what should one invest in? Small, large, existing, new construction?

Oertel Immobilien: Wuppertal stands out with its old building charm and lovers of such properties appreciate this. Due to the fact that there are still enough old buildings and hardly any space for new construction, people are forced to invest in existing properties. Some of these are in need of renovation or are already up to date and ready for the first move. Both with the one and with the other one stands on good ground.

Suspension railroad: landmark of Wuppertal

The suspension railroad in Wuppertal is the city’s trademark. It runs a 13-kilometer route and stops at a total of 16 stations. With 80,000 users per day, it is an everyday means of transport for the city’s residents, but is also a popular attraction for tourists.

Typical myths in the sale of real estate

FIV: Lastly, one more question – you had mentioned the typical mistakes when buying a property. Many buy, but some also want to sell. As an experienced broker in Wuppertal, 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 successfuly sell a property in Wuppertal?

Oertel Immobilien: Three fatal myths exist among many sellers.

Typical myths:

1. Myth: “I set the price higher and I can always go down”.
2. Myth: “I have time and do not have to sell directly”.
3. Myth: “I’ll try it myself first. I can always call in a broker”.

With each seller, we address these myths during a consultation and help avoid the worst mistakes. Apart from that, self-sellers can pick up a free guide from us, in which we explain in seven steps how to sell at the best price. But to be honest, very few people manage to do that. The very fact that the owner usually has a full-time job and can’t answer the high number of inquiries fast enough, he loses serious prospective buyers.

We are specialized in this. It is our job to sell the property successfuly. We do this every day and know what buyers want, what measures are necessary and what must be paid special attention to when selling.

Thanks to Oertel Immobilien for the interview!

Rent, buy, live in Wuppertal

The real estate market in Wuppertal is large and for this reason it is important to find the best real estate agent for you. In our overview you will find the best real estate agents from Wuppertal, who can make your dream of your property possible.

• Real estate agent Wuppertal

First apartment? Step by step to capital investment

Buy your own apartment – As soon as you move into your first own apartment, for most people it’s rent, rent, rent. Every month you go to work many hours, to spend the largest part ultimately for the next rent due at the beginning of the month. It’s no wonder that many young people are considering buying a condominium as soon as possible.

• Buy first apartment

How much do I pay for a broker?

A real estate agent can take a lot of the burden off your real estate search. For private purchases, the buyer and the seller share the broker’s commission, i.e. 50:50. If you buy a property commercially, the buyer and the seller can decide for themselves how to share the broker’s commission.

That means in a nutshell:

• Private purchases: buyer:seller split = 50:50
• Commercial purchase: division freely selectable

Brokerage commission: Percentages of the federal states

The respective percentage of the broker’s commission always depends on the federal state in which you buy your first apartment. You can see the distribution of the percentages in the federal states here:

Commission by state:

• Baden-Wuerttemberg 3.57
• Bavaria 3.57 %
• Berlin 7.14 %
• Brandenburg 7.14 %
• Bremen 5.95 %
• Hamburg 6.25 %
• Hesse 5.95 %
• Mecklenburg-Western Pomerania 3.57 %
• Lower Saxony 3.57
• North Rhine-Westphalia 3.57
• Rhineland-Palatinate 3.57
• Saarland 3.57 %
• Saxony 3.57 %
• Saxony-Anhalt 3.57
• Schleswig-Holstein 3.57 %
• Thuringia 3.57 %

The next step: property tax of a real estate

If you own a property or are the owner of an apartment, you have to pay property tax. Depending on where you bought your first own apartment or property, the property tax differs by state or municipality. But how much property tax do I have to pay in the end? Learn everything about the cost of property tax here.

Real estate transfer tax: incidental costs of the first apartment

Your real estate agent has found your dream apartment at a dream price? Good, but in addition to the purchase price, there are the ancillary purchase costs, which include, among other things, the land transfer tax. But how high is the real estate tax that I have to pay additionally, once when buying my first own apartment? Depending on the state in which you buy, the land transfer tax has a different percentage. How you can easily calculate this, you can find out here!

• Real estate transfer tax

8 mistakes when buying real estate: location, owner-occupancy and resale value

Mistakes always like to creep into the purchase process of a property. Whether it’s a bad location of the property, reasons against self-interest or a purchase out of emotion – mistakes cost you a lot of money. In order to avoid this, we have put together a guide for you, with which you are guaranteed never to make a mistake again when buying your next property.

• Mistakes when buying real estate

Why do I have to pay property tax?

The property tax generally taxes the property. In contrast to land transfer tax, which is only levied once when an apartment is purchased, property tax is levied up to four times a year. For tenants, the property tax does not mean any additional costs, because it is part of the operating costs that can be passed on to the tenant. The property tax is calculated on the basis of the area or value and the individual assessment rates of the municipalities. There are also two types of property tax.

Two types of property tax:

• Land tax “A”: land for agricultural and forestry use
• Real estate tax “B”: Other developed and developable real estate

Property tax B: factors

Real estate, such as your first apartment that you bought as an investment, therefore always falls under the property tax B. However, the property tax does not have a specific value, but there are many factors that influence the property tax B, such as the assessment rate of each municipality, the state or the type of real estate.

Factors that influence the property tax are:

• Survey according to real estate value (unit value = real estate value)
• Individual assessment rate of the municipality
• State
• Real estate type

How is the property tax B calculated?

Fortunately, the property tax is easy to calculate. The unit value figure must always take into account the value of the land, which falls or falls depending on whether it is developed or undeveloped. The determined unit value is first multiplied by the uniform factor, the property tax rate, which in turn is multiplied by the municipal assessment rate.

Here is the formula of the calculation in brief:

Unit value x property tax rate x municipal assessment rate = property tax rate

Excursus Hebesatz: What is it?

The assessment rate for calculating the property tax is determined by each municipality itself and thus varies throughout the country. It ranges from 0% to 1,050%.

Property tax rate: what is it?

The property tax rate applies to the whole of Germany, but a distinction is made between the old and the new federal states. The figure is often given not in % but in per mille, i.e. ‰.

Old federal states

Here in brief how the property tax rate is measured in the old federal states:

• Single-family houses up to ~ 38,347 euros: 0.26%.
• Single family houses above: 0,35
• Semi-detached house: 0.31%
• Other residential property: 0.35%

New federal states

Here are the measurements of the new federal states:

The next step: documents for the bank

You’ve found the perfect apartment? Great, now it’s down to the nitty-gritty – the financing, with the self-disclosure and all documents for the bank. Here, the completeness, neatness and seriousness is particularly important. What else you need for your financing and what you should pay attention to, you can find out here!

Why do I have to pay land transfer tax?

Everyone who buys a property has to pay the real estate transfer tax. The good thing about it – it only has to be paid once at the time of purchase, and not annually like property tax. Since the real estate transfer tax is more or less depending on the federal state, one should inform oneself about the percentages before blindly buying an apartment for emotional reasons, because the price always plays a role. Generally, the land transfer tax is set between 3.5% and 6.5%.

Calculation of the real estate transfer tax

The real estate transfer tax can be calculated quite simply:

Purchase price x tax rate by federal state = real estate transfer tax

Overview: Property tax rate of the federal states

Here is a brief overview with the 16 federal states and the individual real estate transfer tax rate:

The next step: brokerage costs in the search for housing

You want to buy your first property, such as a condominium, and want to hire a real estate agent? Good idea, but first you should know that a real estate agent costs quite a bit of money, whereby a distinction is made between private and commercial sales. How much that is, as a percentage of the purchase price, you can find out here.

Buying real estate: What costs will I incur?

When buying a property, you always have to reckon with compound costs. On the one hand there is the purchase price, or the price for which the property is advertised, and on the other hand there are the ancillary purchase costs.

Incidental purchase costs: What are they?

The ancillary purchase costs are not always the same, they differ depending on the federal state. Therefore, always inform yourself in advance about the land transfer tax and the brokerage costs of the federal state in which you want to buy. The notary costs and the land register entry, on the other hand, always remain the same in percentage terms.

Incidental purchase costs are derived from:

• Real estate transfer tax (3.5-6.5%); varies by state
• Notary fees (1.5%)
• Land register entry (0.5%)
• Broker commission (3.57-7.14%; 50:50 for private purchase); varies by state

How do I calculate the total cost of my dream property?

The calculation of the service charges and the subsequent total costs of a property is actually quite simple. So that you understand it directly, we have an example calculation for you here. Let’s assume you buy a condominium in North Rhine-Westphalia with a purchase price of 200,000 euros. The final price is made up of six steps.

The six steps to the final price:

1. Purchase price
2. Real estate transfer tax
3. Notary fees
4. Land register entry
5. Brokerage costs
6. Incidental purchase costs

Step 1: Purchase price of the property?

Let’s start with the purchase price. In this example, it is 200,000 euros for a condominium in NRW.

• Purchase price: 200.000 Euro

Step 2: Amount of real estate transfer tax?

In NRW, the land transfer tax for each property is 6.5%. For our apartment, this means a surcharge of 13,000 euros

• Real estate transfer tax: 13,000 euros

Step 3: Amount of notary fees?

The notary fees are the same in every federal state. They amount to 1.5% of the purchase price, which corresponds to 3,000 euros.

• Notary fees: 3,000 euros

Step 4: Costs of the land register entry?

The costs of the land register entry are also the same in every federal state, namely always 0.5%. So another 1,000 euros are added to the purchase price.

• Land register entry: 1.000 Euro

Step 5: Calculation of the brokerage costs?

When you hire a real estate agent, you always pay a certain fee in brokerage costs in addition. These costs vary depending on the federal state. In NRW these costs amount to 3.57%. The positive thing about it? The brokerage costs are divided equally between the buyer and seller, i.e. 50:50%.

• Brokerage commission: (3.57% [7,140 / 2]): 3,570 euros

Step 6: The result of the total cost

Once you have calculated the incidental costs in relation to the purchase price, you can determine what you will ultimately have to pay.

• Purchase price: 200.000 Euro
• Real estate transfer tax (6.5% in NRW: 13,000 euros
• Notary fees (1.5%): 3,000 euros
• Land register entry (0.5%): 1,000 euros
• Brokerage commission: (3.57% [7,140 / 2]): 3,570 euros

Total amount:

• Total incidental costs: 20,570 euros
• Total price at purchase: 220,570 euros

The next step: land transfer tax

You have found your dream apartment at a dream price? Good, but the purchase price is accompanied by ancillary costs, which include land transfer tax. But how high is the land transfer tax that I have to pay additionally, once when buying my first own apartment? Depending on the state in which you buy, the land transfer tax has a different percentage. How you can easily calculate this, you can find out here!

Determine maximum purchase price: Creditworthiness, equity & Co.

How much real estate can I afford at all? This question is asked at the beginning of the process of buying what may be your first home and depends on many factors. These include your creditworthiness and self-disclosure, in terms of assets, the monthly asset balance (repayment), the equity and the mortgage lending value of the property to be financed. Here you will learn everything you need to know to determine the maximum purchase price.

• Maximum purchase price

Operating costs: statement and allocation

Setting up the operating costs is easy if you know the associated law. They are set by the Federal Ministry of Justice and Consumer Protection. Here we have listed all the operating costs.

These are, in brief:

• Current public charges
• Water supply
• Drainage
• Heating system and fuels
• Hot water system
• Connected heating and hot water supply systems
• Passenger or freight elevator
• Street cleaning and garbage disposal
• Building cleaning and vermin control
• Garden maintenance
• Lighting
• Chimney cleaning
• Property and liability insurance
• Janitor
• Community antenna system and broadband
• Operation of the facilities for laundry care

1. current public charges

The ongoing public charges of a property are part of the operating costs. This also includes the land transfer tax, which must be paid no matter in which location you buy and varies depending on the federal state.

Ongoing public costs include:

• Real estate transfer tax

2. water supply

The water supply of a building is also part of the operating costs.

These include:

• Water consumption costs
• Basic fees
• Costs of renting, calibrating & using water meters
• Calculation & allocation costs
• Costs for maintenance of water quantity regulators
• Costs for operating an in-house water supply system
• Costs for operating an in-house water treatment plant

3. drainage

The cost of drainage plays an equally important role in operating costs.

These include:

• Fees for house and property drainage
• Cost of operating a corresponding non-public facility
• Cost of operation of a drainage pump

4. heating system and fuels

The costs of the heating system and the fuels can also be apportioned to the tenants. Here, four different types of costs for heat procurement are to be considered, on the one hand the operation of the central heating system including the exhaust gas system, the operation of the central fuel supply system, the independent commercial supply of heat, and the cleaning and maintenance of floor heating systems and individual gas furnaces.

The cost of operating the central heating system, including the exhaust system;

• Cost of consumed fuels and their delivery
• Operating current costs
• Costs of operation, monitoring and maintenance of the plant
• Costs of regular inspection of operational readiness/operational safety including adjustment by a qualified person
• Cleaning of the plant and the operating room
• Costs of measurements according to the Federal Immission Control Act
• Rental costs
• Cost of using consumption metering equipment (calibration, calculation & apportionment).

The cost of operating the central fuel supply system:

• Cost of consumed fuels and their delivery
• Operating current costs
• Monitoring costs
• Costs of cleaning the plant and the operating room

The cost of independently commercial supply of heat:

• Fee for heat supply
• Cost of operating the associated building facilities

The cost of cleaning and maintenance of floor heating systems and gas single fireplaces:

• Cost of removing water deposits and combustion residues in the plant.
• Costs of regular testing of operational readiness and operational safety
• Cost of hiring by a specialist
• Costs of measurements according to the Federal Immission Control Act

5. hot water system

Hot water system costs include three broad areas, the cost of operating the central hot water supply system, the cost of independently supplying hot water commercially, and the cost of cleaning and maintaining hot water equipment.

The cost of operation of the central hot water supply system:

• Water supply costs
• Water heating costs

The cost of independently commercial supply of hot water:

• Charge for the supply of hot water
• Cost of operating the associated building facilities

The cost of cleaning and maintenance of water heaters:

• Cost of removing water deposits and combustion residues inside the device.
• Costs of regular inspection of operational readiness and operational safety, adjustment by a specialist

6. connected heating and hot water supply systems

Associated plants also incur operating costs. They are to be compared with section 4 of the heating systems and section 2 of the water supply.

Thus, costs are incurred for:

• Central heating systems
• The independently commercial supply of heat
• The connected floor heating and hot water supply systems

7. passenger or freight elevator

Is there a passenger elevator in the building where your condominium is located? Great, because not only the walking, but also the costs are taken off your hands.

Ongoing costs include:

• Operating current costs
• Costs of supervision, operation, monitoring and maintenance of the plant
• Costs of regular inspection of operational readiness and operational safety, adjustment by a specialist
• Cost of cleaning the plant

8. street cleaning and garbage disposal

Also, do not forget about cleaning in front of the house, as well as the removal of waste.

The costs incurred for street cleaning include:

• Fees for public street cleaning
• Cost of corresponding non-public measure

Waste disposal costs incurred include:

• Fees for garbage collection
• Costs of corresponding non-public measures
• Costs of operation of garbage compressors, garbage chutes, garbage extraction systems, operation of garbage collection systems.
• Calculation and distribution costs

9. cleaning of buildings and vermin control

Woodworm has infested your building? Don’t worry, the costs for pest control can also be passed on to the tenant.

Costs include:

• Costs of cleaning the parts of the building used jointly by the residents (entrances, corridors, staircases, cellars, floor rooms, laundry rooms, elevator).

10. garden maintenance

A garden also needs to be maintained. If this cannot be done yourself, a gardener must be called in.

Costs include:

• Costs of maintenance of horticultural areas including renewal of plants and woody plants.
• Maintenance of playgrounds, including the replacement of sand and maintenance of squares, accesses and driveways.

11. lighting

Electricity for electrical appliances, especially lighting, is one of the highest costs in a building.

These costs include:

• Cost of electricity for outdoor lighting and lighting of the parts of the building shared by the residents

12. chimney cleaning

The cost of chimney cleaning includes:

• Sweeping fees according to the applicable fee schedule

13. property and liability insurance

Every house should be insured, for which there are running costs.

These costs include:

• Costs of insuring the building against fire, storm, water and other natural hazards.
• Glass insurance costs
• Cost of liability insurance (oil tank, elevator, building)

14. janitor

The janitor is like a janitor responsible for your building and a contact person for the tenants. But the numerous tasks of a janitor must be remunerated.

Costs include:

• The remuneration, social contributions and all pecuniary benefits for the janitor
• Insofar as work is carried out by the janitor, costs for labor services in accordance with numbers 2 to 10 and 16 may not be applied

15. community antenna system and broadband

Today, we can’t imagine life without television and wi-fi. Either a community antenna system or broadband must be paid for.

These incurred community antenna system costs include:

• Operating current costs
• Cost of periodic testing of their operational readiness, adjustment by a specialist.
• User fee for an antenna system not belonging to the building
• Fees incurred for cable retransmission under the Copyright Act

These broadband network costs incurred include:

• Cost according to community antenna installation
• Ongoing monthly basic charges for broadband connections

16. operation of the facilities for laundry care

In many houses there are laundry rooms or washing facilities for residents in the basement. This causes costs.

These include:

• Operating current costs
• Costs of monitoring, maintenance and cleaning of facilities
• Costs of regular testing of their operational readiness and operational safety
• Water supply costs (see section 2)

The next step: technical testing

You’ve already subjected your property to a commercial audit? Great, then let’s move on to the technical inspection. This is not about the price, but about the condition of your apartment, single-family home or apartment building. Here you can find out everything you need to know about the inspection of your own and the common property before you buy your first apartment.

Buying new construction: Is New Always Better?

New construction refers exclusively to completely, newly built objects. On the one hand, they are uncomplicated because everything is state of the art, resulting in a low risk of maintenance and repair costs. On the other hand, you have to expect significantly higher investment costs here, which means a low return on investment and a higher incidental purchase price payment.

Advantages of new construction

• Current state of the art
• Low risk for maintenance and repairs
• Co-determination in interior design

Disadvantages of new construction

• Higher purchase price and incidental purchase costs
• Lower rental yield
• High value loss at the beginning
• Other costs for public development

Buy stock: Old also has its advantages

Existing real estate has many advantages. In addition to a lower purchase price, you only have to pay a low amount of incidental purchase costs. However, due to the age of the building, there is a higher risk for maintenance and repairs.

Advantages of stock

• Low purchase price and incidental purchase costs
• Low use of equity capital
• Higher rental yield
• No costs for public development

Disadvantages of stock

• Higher risk for maintenance and repairs

Read more about existing or new building/ Immobilien-Erfahrung.de

Conclusion: Invest in new or existing buildings?

Whether new construction or existing depends on your individual goals. Nevertheless, existing properties with a higher return and a low purchase price and ancillary purchase costs are the more sensible investment to buy your first property.

The next step: Year of construction and condition of a property

You want to invest in an old building? Then you need to consider a few things before buying. Old properties have some advantages, but also disadvantages. We have compiled a brief overview of all the facts of the different construction years in comparison.

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 successfuly 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.

• Buy first apartment

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.

• Real estate agent in Braunschweig

Rent, buy, live in Hanover

A good start in the real estate world is always the purchase of the first apartment. Mirko Kaminski explains in his interview with FIV Magazine his experiences with real estate in a good B-location. The yield here depends on the type of house or apartment. For example, micro apartments have different exploitation possibilities than single-family houses. The meso location is also decisive in pricing, whether in Kirchrode, Misburg and other districts such as Bothfeld or Vahrenheide.

Here is Hanover in Germany:

Hanover from close up:

Rent: Contract and settlement

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.

Buy: Return on investment through real estate

In our interview you will learn everything about real estate and returns in Hannover. Should you buy a property in Hannover or is it more worthwhile to buy nearby, for example in Hildesheim or Langenhagen?

Real estate agent interview about real estate in Hannover

The first condominium or real estate as an investment? In this interview you will learn the most important tips & tricks. Buy, rent, live in Hannover but also tips for capital investments. We ask the questions, he provides the answers.

Arthax real estate agents: Interview partner

FIV: Before we go into Hannover and its real estate market and your recommendations for tenants and buyers, we would like to know a little more about your agency arthax-immobilien.de. Could you briefly summarize for our readers what your agency does and what you specialize in?

Mirko Kaminski: With arthax-immobilien.de we let, sell and administer for well 20 years, in and around Hanover, each real estate with heart and mind. We are not only digital, but with our central store office above all personally responsive and attainable. On top of that, with our experience as administrators, we advise and accompany property owners better and longer than pure real estate agents can.

Digitally, we are present on social media and operate a blog with real estate topics.
We specialize in the sale of residential real estate in and around Hanover and the management of small and medium-sized owner associations.

Favorite real estate in the city: monument protection and historic buildings

FIV: As a real estate agent in Hanover, which properties do you personally prefer to broker?

Mirko Kaminski: For us, it doesn’t always have to be square, practical and good, like many new buildings. Properties also have corners and edges, and some of them can even still tell nice stories. That’s why we prefer to broker historic old buildings from the Wilhelminian, Bauhaus and Brick Expressionist eras, and when choosing our store office, we deliberately opted for a listed old brick building in the beautiful Vahrenwald-List district of Hanover.

Real estate agent Mirko Kaminski:

Districts with a future: Linden & Kronsrode

FIV: Neighborhoods for Singles, Families & Co. – For those who do not yet live in Hannover and want to move to Hannover, which neighborhoods have a future? Where should you move to in Hannover if you want to live nicely?

Mirko Kaminski: As we all know, beauty is in the eye of the beholder. The Leibniz City of Hannover is a large city with currently 51 districts. Each district has something special and is excellently accessible by public transport and bicycle.

For whom which district is best suited in the respective phase of life depends on personal factors.

While students are drawn to the vicinity of universities, families are looking for short distances to daycare centers, schools and work. Senior citizens are happy to forego their cars and seek more leisure and culture. The List, Oststadt, Südstadt, Linden and Nordstadt districts will always remain popular classics. However, Kronsrode is currently being developed as a completely new district.

Real estate market development: planning, constraints & adjustments

FIV: Rents are a big topic, all over Germany. How has the real estate market and rental prices in Hannover developed in recent years and how will they develop in the future?

Mirko Kaminski: Housing must be worthwhile, for landlords as well as tenants. New construction and maintenance of real estate involve a lot of planning, requirements and energy-related adjustments, and skilled workers and materials remain scarce.

So if new construction is to continue and existing properties are to be maintained, the costs will have to be financed through corresponding rents. Like all prices, these will continue to rise. Only policymakers can put the brakes on this, most sensibly by promoting sufficient new housing.

FIV: In Germany, more people rent than buy. What would you recommend to a young couple or even a single person, rent or buy in Hanover

Mirko Kaminski: The search for the right property is always a search for compromises. Before property is purchased, the possibilities of long-term financing (first discussion with the house bank) must be secured and the location of the property must fit the current life situation. Until then, renting is more flexible than buying, and will be again in old age anyway.

First condominium in Hanover: mistakes & experiences

FIV: Anyone who rents in Hannover 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?

So let him who commits himself for ever test himself, and see if he can’t find something better…

Mirko Kaminski: Once the purchase of a property has been decided, you remain tied down, i.e. immobile.

In no time at all, however, a change in family plans can throw a spanner in the works, as can a career change, job loss, accident, prolonged illness, divorce, a new financing agreement or major repairs and modernization to the property itself. Every buyer should therefore be aware of all the risks before buying and always have enough money in his or her piggy bank, and not just for the next vacation trip.

Incidental purchase costs and land transfer tax: Acquisition of a property

FIV: The purchase price of a property is one thing, but what ancillary costs and taxes must buyers in Hanover expect?

Mirko Kaminski: Every real estate purchase price is increased by their ancillary purchase costs. These are mainly the land transfer tax of the respective federal state (5% in Lower Saxony) and about 2% notary and court costs, calculated on the purchase price.

But also the costs for the distribution in the commercial real estate brokerage (brokerage fee or developer sales) play a role. While a broker’s fee is usually openly communicated in the exposé (3% buyer’s fee, 3% seller’s fee), a developer’s sales costs remain only an internal component of the real estate price.

However, the acquisition of a property also triggers other costs. These include ongoing management costs, maintenance and repairs. In the medium to long term, costs for refurbishment, modernization and renovation will also be necessary. In addition, a new fitted kitchen will become due sooner or later.

• Real estate transfer tax: 5%
• Notary fees: 2%
• Buyer and seller fee: 3%

The office of the Arthax real estate agency:

Rent or lease: Investments & Districts

FIV: Hanover districts for real estate investment – we come still to real estates as capital investment in Hanover, for those, which want to buy and let. If our*r Leser*in decides for the purchase, with following letting: Which 2 districts or even satellites around Hannover, would you recommend to a buyer for their capital investment in Hannover? In your opinion as an expert, where do the most future opportunities lie?

Mirko Kaminski: My favorites are central districts like Vahrenwald-List or Südstadt. Every location, location, location… has certain advantages and disadvantages. What would always be important to me would be urbanity, infrastructure and that the buyer is so convinced of the property himself that he would want to live in it himself at any time.

Politicians are currently planning to build 400,000 new homes a year. Many attractive new housing developments will be built in and around Hannover, and we can’t wait to see them.

Investment tips: Beginner or Expert?

FIV: In your opinion, what type of real estate has a future in Hannover, what should one invest in? Small, large, existing, new construction?

Mirko Kaminski: Definitely the condominium. A condominium that is still rented out today will be paid off in the near future. It is then suitable for owner-occupation or to supplement the pension. This form of capital investment is therefore a valuable component of one’s own retirement provision.

New buildings generally offer a much higher energy standard and accessibility at a significantly higher purchase price.

Selling a house or apartment in Hannover: 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 Hanover, 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 sell a property in Hanover successfuly?

Mirko Kaminski: There are specialists for everything in life. A free real estate appraisal, which can be carried out conveniently in just a few minutes on the Internet, is a first indication. An independent real estate appraisal can provide more information about the actual value of the property.

However, a local real estate agent who has been working successfuly in the immediate vicinity for many years not only surpasses the statistical purchase price predictions of the Internet and expert opinions, but also ensures an all-round smooth process. This starts with the procurement and preparation of important documents necessary for the sale, continues with the obtaining of official information, the preparation and accompaniment of the notary appointment, and ends with the orderly handover of the property.

He also has a well-kept file of demonstrably pre-registered prospective buyers and the best references.

As a digital professional, he has a wide reach, and on top of that, he is personally approachable and can be visited in his attractive offices.

FIV: Thanks to arthax-immobilien.de 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.

• Buy first apartment

Rent, buy, live in Hanover

For the realization of their dream of the first home, whether you rent with or buy, and how to achieve the maximum return in Hanover learn in our article about realtors in Hanover.

• Real estate agent in Hannover