Buying a farm – There are many different
Offers in different price categories
If you have the intention to buy a farm, we are happy to assist you with our experience. Arrange a personal appointment with us, where we can discuss your individual ideas. We are happy to offer you various properties that are located in scenic regions and can be used in different ways.
Buy farm with need for renovation
Many farms are no longer in cultivation due to the changed structures in agriculture, but also due to the lack of offspring. Children and children’s children of the former owners move to the city and look for a new centre of life there. This is one of the reasons why many farms are for sale. With a farm complex, you are in many cases acquiring very large buildings that are already quite old and in need of a lot of renovation. The advantage of buying such a property is that you will be able to design it according to your personal preferences. In addition, you will acquire the farm at a particularly favourable price.
Special real estate with a small circle of interested parties
Because farms are traded as special properties that have a narrower range of buyers than single-family homes or condos, owners often accommodate buyers on price. If you can acquire a property particularly cheaply, you should not underestimate the need for renovation.
Mill, half-timbering, old factory and monument protection
Above all, it is important that they inform themselves about any existing requirements of the protection of historical monuments. This applies in particular to very old farms with historic buildings such as a mill or a small factory. The implementation of conditions imposed by the historic preservation office are often very costly. Even if you are willing to invest high costs for the renovation, it is important to know in advance. We offer you support. We will obtain the necessary information from the authorities on your behalf. In addition, it is advisable for you to commission an expert to provide an estimate of the expected construction costs. This will enable you to plan not only the purchase price but also the renovation costs very well and to know what the total investment will be when buying the farmhouse in need of renovation.
Farmhouses ready for occupancy as sought-after purchase object
In some regions that have a strong rural character, farms are offered that have already been renovated. The advantage is that you can move into the property promptly without much further investment and with little work. However, there are also disadvantages here that you should be aware of.
Need for renovation of the farm
If the renovation of the farm is already completed, you will usually have to pay a higher purchase price than if you decide to buy a renovation property. This is considered an advantage due to the low further investment costs. Sometimes, you will even pay less for a farm without the need for redevelopment than the total cost of the purchase and subsequent redevelopment would be. However, it does happen that the way in which a farmhouse has been refurbished does not meet your expectations. If you still like this property and decide to buy it, you will pay the high cost of the purchase and still have to put money into the renovation.
Caution: double investment
Consider in advance whether you are prepared to make such a double investment. In this case, too, we will be happy to provide you with expert advice. Inform us about your individual ideas and we will present you with properties that come close to these ideas. In many cases we will find a farm that suits you and meets all your expectations.
Where to buy? Location, location, location! Also for country houses
The location determines the price per square metre, but also the purchase price, land transfer tax and ancillary purchase costs. Since the choice of the farm is often relatively free, an analysis of the location is worthwhile in order to find the best yield regions / properties.
- Macro = Where in Germany?
- Meso = Where in the region?
- Micro = Where exactly is the property located?
Buying real estate: Tips from the investor (external)
Buying real estate but also investing in real estate requires a lot of knowledge and expertise. The best way to learn is to draw from the experience of professionals. Therefore, in conclusion, a recommendation for real estate beginners.
External guide (link opens in new tab):
- First property purchase
- Buying real estate: What to look out for?
- Buying mistakes
- Save taxes with real estate
Comparison of cities: Purchase prices in Germany (external)
In these individual guides to the major German cities are the important districts for real estate buyers, information on the infrastructure, as well as prerequisites for the purchase such as income, creditworthiness (credit rating), banks and equity. But much more important: mistakes, risks, rental yields and more. What is decisive for the purchase price and the valuation? Everything about location, building fabric, renovations, equipment and all that, free of charge.
External guides (link opens in new tab)
City / Purchase Price Current:
- Munich ~ 8,993 Euro / m²
- Frankfurt ~ 6,701 Euro / m²
- Stuttgart ~ 6,324 Euro / m²
- Berlin ~ 5,578 Euro / m²
- Hamburg ~ 5,507 Euro / m²
- Düsseldorf / Cologne ~ 5,470 Euro / m²
Real estate as an investment: Special
- Part: Classic or exotic investment – Which property is suitable as an investment?
- Part: Real estate as an investment – What do I have to watch out for?
Acquire building land, garden land and farmland
Topic: Buying land. Many farms are sold with larger lands. Here it is important that you know the difference between building land garden land and farmland. In addition, you should know how you may use the respective lands.
Differences in use and development
If you would like to erect further buildings, this is only possible if you acquire building land. Garden land and farmland differ in terms of their use. We will be happy to find out for you before you buy whether there are any conditions attached to the use of the land. Sometimes it is a landscape area that is intended for a certain use. In this case, you should only purchase the property if you plan to farm the land. If you are looking for a property for purely residential purposes, it is only possible to purchase the farm if the lands become your property and are not intended for a specific use.
Not far from Munich, the Alps and the Alpine foothills. Extremely popular, especially in terms of luxury real estate. Old farms are being renovated and extended, with wellness area, carport and much more. Modern life and country air.
Conclusion: Buy Farm
The purchase of a farm should be well thought out in advance, because it is not uncommon that further inventories are required. Cities and municipalities can also determine how the land may be used. Requirements of the protection of historical monuments are not at all uncommon. Lukinski offers professional advice if you want to buy a farm. Please feel free to make an appointment for a first personal meeting, where we can present you first objects.
Buying a holiday home: Investment and co-return
Holiday home & holiday apartment – The dream of a holiday home exists for many city dwellers. Whether it’s a house by the sea, in the warm south or simply a retreat in the countryside. However, there is a lot to consider when making such a big decision and you should plan well before you decide to take the big step.
Prices of €200,000 to €300,000 are quite common for smaller properties of 40 to 50 square metres of living space.
Modern property in the countryside or in holiday areas are often on offer. The perfect properties for those who want a quiet retreat. However, such an investment is by no means cheap and finding the right property is not easy. In addition, you should consider a few things before you decide to buy.
Buying a weekend house: Renting as an option
Buying a weekend house – A weekend house can be used in a very diverse way. You can spend your free time and holidays there. In addition, it is possible to rent out the weekend house and thus generate additional income. Weekend houses are quite often on offer in Hesse and Rhineland-Palatinate. There are many beautiful regions in the federal states that are very popular with the people who live there.
Some weekend homes are located in popular holiday regions. Others are considered more of an insider tip and are hidden away on the edge of the mountains, near the Main River or in the middle of nature. If you want to buy a weekend house, you can choose whether you prefer nature, water or mountains. Decide on a location that you individually prefer. Weekend homes are not designed for residential purposes. They are for recreational purposes. For this reason, it is important that you feel comfortable in the area. If you are planning a rental, you should find out which locations are particularly popular. We will be happy to assist you in this and offer you weekend houses that exactly meet your individual requirements.
Buy weekend house