Last Update: April 3, 2022
Real Estate Agent Commission: impacts of the change in law
June 2015, the real estate agent is no longer allowed to charge a tenant his commission. The amount he usually charged in the past was 2,38 cold rents - quite a considerable amount. Its falling apart is a significant reduction of revenues and has put …
Actived: 9 days ago
Real Estate Agent Commission: change in law
(4 days ago) Real Estate Agent Commission: change in law When you are seeking new accommodation in Germany the recent changes of the Mietnovellengesetz will apply to you - and mostly in a positive way. Whilst it was usually the future tenant who was forced to pay the real estate agent's commission, by law, this is now the one who orders the services of the
Applying for an apartment in GERMANY
(9 days ago) And since the real estate market is a landlord's market you will need to provide a lot of background on your finances. There are further some expectations with regard to the relation of your regular monthly income and the monthly rent you are spending. Not more than 1/3 of your net income should be spent for cold rent.
District Profile Berlin Wannsee
(7 days ago) Rental and ownership prices are among the highest in Berlin, even for properties without direct access to the water. Situated amidst a series of lakes on the southwestern end of Berlin, the Wannsee district includes an island (Wannsee Insel) and several waterfront neighborhoods on the mainland: Am Sandwerder, Kohlhasenbrück, Albrechts Teerofen
a city profile for expats by The Red
(5 days ago) Wiesbaden is the second largest city in Hesse with a population of 290,000. It’s located square in the well-connected Rhein-Main region. But compared to Frankfurt, its real estate rates are almost absurdly low. The average tenant pays EUR 11.30/qm here, the average buyer EUR 4,000/qm. In 2015, Wiesbaden came in sixth on the list of wealthiest
District Profile Hummelsbüttel
(5 days ago) The real estate prices for single- and two-family houses are still at the higher side. Also the yearly income of taxpayers is basically on average level, perhaps slightly higher. The given structure of housing, villas on the one hand and settlements with a lot of social housing on the other hand, gives further insight into such average figures.
District Profile Blankenese
(1 days ago) District Profile Blankenese. Blankenese is in the far west of Hamburg and probably one of the most famous and exclusive residential area of the town. The neighborhood is dominated by one or two-family houses with relatively large gardens and most of them are owned. Lots of villas with park-like grounds can be spotted.
District Profile Isarvorstadt
(2 days ago) It has, however, benefitted from the recent development of Munich as a rising economic star and the explosion in real estate prices in the direct neighborhood. Investors bought significant pieces and converted the land into fancy top-notch residential yet urban newbuilds.
District Profile Othmarschen
(2 days ago) Othmarschen was just like so many other present suburbs of Hamburg a farmers' village. An ancient heritage from that time is the Röperhof, a reed-covered old farm-house located in Othmarschen's center. The villas alongside the Elbchaussee are the most beautiful in Hamburg. In Othmarschen residents live in splendid isolation, which does not
District Profile Stellingen
(1 days ago) Still, there are 18 kindergartens, 3 primary and 2 secondary schools. With 27.000 EUR average yearly income the residents are also a little less wealthy, however not significantly. The living prices are affordable but nearer to the zoo real estate becomes more expensive.
District Profile Hamburg St. Georg
(7 days ago) Georg has long been the favorite residential area for gays. As often the case, the reality is much less exciting. It is true that in St. Georg you will see couples of same sex walking the streets, however, the gay community is less dominant nowadays and the quarter recently became a very hip place to live and real estate prices increased rapidly.
District Profile Hamm
(5 days ago) Hamm-Nord has started as a residential area for officials and bureaucrats after a temporary period in the late 18th century, when wealthy Hamburg business men discovered the former farmer’s land for their summer houses. Recreation is offered by the rather big Hammer Park. It has been redesigned by Otto Linne in 1914 and has quite nice spots.
District Berlin Wedding
(6 days ago) Real Estate can be found in some rare and highly sought after Altbau buildings, but more often flats can be found in more modest older buildings or in 70s type of functional real estate. Some new Neubau projects are being built, though less so than in other Berlin neighbourhoods.
District Profil Berlin Grunewald
(9 days ago) The 3,000-hectare Grunewald forest is the district’s most popular recreation area. Besides numerous biking and hiking trails, including a picturesque walking path that runs along the Havel River, the forest contains a series of city landmarks: Teufelsberg hill, the former headquarters of the U.S. National Security Agency (now a popular place to sled in the winter and fly kites in the …
Market Players in the REAL ESTATE MARKET in Germany
(2 days ago) THE REAL ESTATE AGENT. The estate agent will be contacted by landlords to present their property in the best possible way, he advises on the maximum rent the owner can get for the object, makes professional photos, collects and compiles the legally required information and publishes it on the internet.
District Profile Berlin Mitte
(5 days ago) New real estate projects generally provide a more family friendly layout and often offer amenities such as a communal play area for young children. The modern flats, situated mostly around Alexanderplatz are the most accessible in terms of prices …
Real estate commission in Germany, deposit, down payments
(8 days ago) REAL ESTATE AGENT COMMISSION IN GERMANYYNo longer applicable - at least in most cases. When contracting for an apartment or house you were usually required to pay a commission for the services of a real estate agent. Up to June 2015, 95% of all apartments and houses for rent were offered via real estate agents, because the future tenant was basically …
(Just Now) A real estate agent commission, if applicable, will be paid by the landlord. Cold rent is tax-free, side cost are subject VAT and usually amount to 2-3 EUR/m², usually a bit more the smaller the apartment. Exposés regularly include any VAT applicable. Security deposits are required in the amount of 3 cold monthly rents and need to be paid
District Profile Berlin Gesundbrunnen
(3 days ago) Straddling the Panke Canal on the southwest end of the district is the Gerichtstrasse quarter, once a favorite with Berlin artists, now known for a changing mix of beautifully renovated and contemporary architecture that includes several upscale residential real estate projects.
Living in Darmstadt
(5 days ago) The rapid rise in real estate prices currently underway in Frankfurt has also affected Darmstadt, which is home to many commuters. But with pricing averaging EUR 3.635/qm (apartments) and EUR 3.545/qm (houses) for buyers, and EUR 11/qm for tenants, it’s still considerably cheaper, particularly in the suburbs.
REAL ESTATE PORTALS in Germany to search for housing
(Just Now) Homes are primarily found via web advertisements published in one of the big real estate portals in Germany. 95% of all apartments or houses becoming available are published in either of these - especially when located in the big metropoles of Germany.
District Profile Berlin Neukölln
(8 days ago) Buckow also has high number of new multi-family real estate developments, including the architecture award-winning Parksiedlung Spruch. Because of its proximity to the freeway and to the future Berlin-Brandenburg Airport, Rudow is a less desirable district, though new building projects like the Rudower Felder - a series of modern apartment
District Profile Berlin Prenzlauer Berg
(8 days ago) New real estate developments are also available, though less frequently here than in other Berlin areas. Prenzlauer Berg popularity, high quality of living and proximity to the city centre make it a very sought after neighbourhood and its real estate prices are relatively high when compared to the rest of the city.
The most popular districts of Frankfurt to explore
(5 days ago) Frankfurt is known for being the financial center of Germany. Possibly every German bank has its premises here, as does the German Central Bank and the stock exchange. Frankfurt is a real expat town as there are so many managers from other countries practicing the art of finance here.
Moving to Berlin
(8 days ago) The real estate prices pivoted over the years, and the popular districts are extremely expensive nowadays. Affordable housing is hard to come by. The Foreigners' Office, as well as the Employment Office, is crowded and appointments have a lead time of 8 weeks and more.
Frankfurt Nordend: the most popular of all Frankfurt districts
(3 days ago) Curiously, real estate is sold at cheaper rates at the quarter Nordend-West, while it’s the other way around at the quarter Nordend-Ost, the cheaper of the two places for people who just want to rent. Boettgerstrasse (C) Mylius - Own work, GFDL 1.2, Blumenstrasse (c) Mylius - Own work, GFDL 1.2, Baustraße (c) Epizentrum - Own work, CC BY 3.0.
(6 days ago) Studio apartments, mansions, subletting – Bockenheim has something for everybody. Real estate prices can be accordingly diverse. The average tenant will pay EUR 15.13/qm, which is somewhat higher than the city average. Things get a little more expensive if you want to buy; EUR 6.226/qm are the average then.
The Red Relocators district profiles of the city of Mainz
(1 days ago) Mainz has some of the highest prices for real estate and rent in all of Rheinland-Pfalz. However, compared to the situation in Frankfurt, EUR 12.1/qm for rent and EUR 4000/qm for sales are still very luxurious options for expatriates.
Legal information on DEPOSIT in RENTAL AGREEMENTS in Germany
(3 days ago) NATURE. Cash Deposit: If you pay it to the landlord, he needs to set-up a separate account for the money with normal conditions regarding interest and maximum 3 months cancellation period. The landlord needs to inform you on a yearly basis about the interest gains. Legally, the money is yours. Any interest gains will be credited to you.
Frankfurt Griesheim: between city center and outer suburbs
(5 days ago) Its biggest advantage is the cost of living. Rent is considerably below city average (EUR 11/qm compared to Frankfurt’s EUR 14.4/qm); real estate can also be bought cheaply at an average of EUR 3.500/qm, which is half than what you’d pay in the “moderately priced” inner-city district Ostend. So Griesheim is one of the most affordable
Frankfurt Westend: most prestigious and glamorous urban
(3 days ago) Real estate pricing for buyers is at EUR 7.7000/qm on average. This is also where you can dine in the finest gourmet restaurants or stroll down broad boulevards built with Paris in mind, exclusive fashion boutiques lined up on either side. Up North, everything is just a little cheaper. This is where the Westend proves that it really mostly is
Frankfurt Roedelheim: home of Germany's rapper scene
(6 days ago) Real estate pricing is below city average in this district with tenants paying EUR 12.2/qm and owners paying EUR 4.4/qm. Rödelheim has some beautiful residential areas south of Westerbachstraße, where you can live well in a quiet neighbourhood. Rents are expected to rise here in the coming years. At the moment, however, it is a district
Berlin District Profiles Westend
(7 days ago) Modeled and named after the wealthy district in London, Westend was once an exclusive colony of mansions adjacent to Berlin’s inner city. Though still known for its affluence, and its slightly older-than-average population, the district has evolved into an attractive area for young people and expats, thanks to its interesting panorama of
Frankfurt Hausen: very similar to American or Canadian suburbs
(2 days ago) In comparison with the other districts, Hausen ranges squarely in the middle of renting and real estate prices. The average cost per square meter is currently at €12,46 for a tenant and at 5.593,91 € for a buyer –ever so slightly above the city’s average.