German commercial real estate market is considered to be a seller's market, with high-quality properties getting snapped up, and realtors mostly prefer to work with local clients. But large and riskier transactions are a different matter, requiring increased scrutiny from the buyer, i.e. ‘due diligence’.
International real estate broker Tranio has assisted a Russian investor in purchasing a land plot for the construction of a residential complex in Hamburg.
Independent participation in property redevelopment requires a large budget and business experience in the local market. However, mezzanine loans are making this more accessible to a broader audience.
This article explains how to earn on renovating and leasing flats, as exemplified by a real project in Munich.
If an investor plans on leasing a property, the tax on the rental fees is different if the property is registered to an individual or a legal entity. In this article, Tranio describes the steps to opening a GmbH in Germany as well as its registration and maintenance fees.
Real estate maintenance costs in Germany include taxes and insurance, property management fees and utility bills as well as monthly mortgage payments. It costs €1,200–1,500 per year to maintain an apartment and up to €3,500 for a house.
In Germany, foreign nationals can buy real estate of all types — land plots, residential and commercial properties — without limits. Germany is a seller’s market, so owners typically dictate the sales terms, and buyers pay agent (realtor) fees.
Tranio presents a report on the commercial property markets of Austria, the United Kingdom, Germany, Spain, the United States, France and the Czech Republic.
Tenant rights in Germany benefit from strong legal framework that can threaten a landlord’s income. Follow these recommendations by Tranio.com to minimise this risk.
Among the millions of skyscrapers around the world, there are some truly unique works of art including malls that look like flying saucers, shoes and even a waterfall.
European commercial property is getting more and more popular.
Have the money and ready to invest? This guide will help you identify what property is worth choosing according to your budget.
Most overseas property buyers are over 55 and already planning real estate succession before they sign the sales contract.