 |
|
|
FAQ
Do I acquire property on a freehold or a leasehold basis?
Leasehold is not common in Germany. Freehold acquisition is the
usual standard. After the acquisition, both international and German
investors are registered as owners in the land register of the city.
Why are prices in Berlin currently so attractive?
Isn't it possible that they will stay low for a long time?
The level of real estate prices is influenced by many factors, such
as domestic demand, international demand, rent development, property
quotas etc. The reunification of Germany and the resulting transfer of
property back into private hands as well as the wide-ranging "boosting
of the East" led to an "anomaly" as regards the development of the
property market in Berlin during the 1990's. As a result real estate
prices, especially in Berlin, remained at a level far lower than the
prices in other European capitals.
Today, the prognosis for most of these influencing factors is
changing. Foreign and domestic demand is increasing and the economic
prospects for Berlin are more than positive. The probability that
Berlin will bridge the 300-800% price gap to other European capitals in
great leaps is clearly more feasible than a continuing moderate
development of property prices in the German capital.
How can grundwerte offer quality real estate including special services at conditions that are below current market prices?
grundwerte specialises exclusively in undervalued properties. The
deep knowledge of the market we have accumulated over many years, our
perfected development strategies and our extensive contacts with
institutional as well as private vendors enable us to obtain extremely
attractive purchase prices, which we pass on to our clients.
Do I have to travel to Berlin if I want to buy berlinprivate or berlinselected properties?
No. Being in Berlin is not necessary, as we have set up the legal
conditions to enable our clients to sign berlinprivate and
berlinselected abroad.
Which taxes do I have to pay on the profits?
grundwerte products are generally structured in such a way that our
clients will have to pay no taxes on the yields as far as possible. If
you look at the layout of our proposals, this applies both to yields
from rental and to profits from the increase in value.
The only incurring tax is the German property transfer tax which is
paid once upon acquisition. In some countries (for instance the US and
Ireland) this tax is deductible in accordance with bilateral agreements.
|
|
|
