Blogs

Have the complex legal, tax, and market laws in Germany ever distracted you from your desire to buy real estate there? You’ve got company! Whether you are looking to buy your dream home or secure a solid investment, Germany’s property market offers fantastic opportunities-but it is a lot to understand the process. Let’s break this…

Congratulations on planning for a dream house in Germany. After all, you are about to embark on a challenging journey that will be very exciting. However, it must always be said that the financing process would be quite different from buying a plot or an existing property. Here’s a walk-through for you about the different…

There is one thing you just must consider if you have ever considered purchasing real estate in Germany: the Schufa score. We’re going to take a first look at Schufa today, covering its definition, operation, and—above all—the reasons you should be aware of it when you’re thinking about purchasing your first home in Germany. What…

Congratulations on finding a potential German property! The next crucial step of your buying process is obtaining and sensibly analyzing a set of crucial documents. These documents may give an impression of the legal status, ownership history, financial standing of the property, and much more. Knowing what to look for in these documents will enable…

It is always an adventure when purchasing a new property especially when buying one in Germany. However, this is not a decision that can be made without adequate research in advance. We have put together five basic propositions aimed at enhancing the experience and efficiency of your property viewing in the subsequent section. It’s easier…

Buying a house in Germany for a newcomer could be exciting embarking on a journey. However, a few heads-up may help. Specifically, these concerns relate to the fees a buyer incurs bask when trying to secure a property for oneself. Chief among these fees-not as commonly known, but every so often encountered-is the “reservation fee.”…

It is especially interesting, that when home loans are acquired in the country of Germany, the borrower may not be required to pay back the interest charged on the full amount of the loan at once. This feature considered as Bereitstellungszinsfreie Zeit, is a very good practice especially for people who are into home construction…

Depreciation has a direct tax-reducing effect on income from letting – without a outflow of cash out of your pocket. This also applies to properties that can be sold tax-free in accordance with Section 23 of the Income Tax Act (EStG). The depreciation claimed over the years reduces the acquisition or building costs of the…