12 typical mistakes when selling an apartment — The path to a successful sale of a condominium is paved with pitfalls that can quickly cost five- to six-figure amounts. An apartment in Munich that is priced too high can be sold 10–15 % below market value after six months on the market — with an […]
6 Mistakes When Selling a Villa – As you have already seen, selling a property privately can be demanding. Worse, however, are the risks and mistakes that can occur during a private sale. Mistakes that ultimately lead to a lower selling price and thus direct financial losses for you as the seller. Here are the […]
Selling a condominium is a once-in-a-lifetime event for most people – and that’s why it’s so prone to errors. Those who learn from the typical mistakes in apartment sales of others can save a lot of money: often five-figure amounts. The following seven case studies come from our advisory practice, anonymized and with key details […]
Selling an apartment — The notarial purchase agreement is the legal cornerstone of every apartment sale. Without it, nothing goes in Germany: § 311b BGB mandates the notarial certification for real estate purchase agreements. What is included in the contract, what documents you as a seller of a condominium must have ready, what the notary […]
Selling an apartment in the case of a community of heirs – When the deceased leaves a house or a condominium, the heirs are faced with the question of what to do with the property. Often, they decide to sell it. However, selling a home through a community of heirs can be a complex matter […]
Selling your apartment for an annuity – The annuity gives you financial stability without having to give up your home. This is especially important as there are many people who value their home and independence and prefer to live independently for as long as possible. When deciding whether to sell an annuity or an entire […]
Sell apartment with right of residence — the sale of one’s own property under the reservation of a lifelong right of residence is one of the most powerful instruments of testamentary succession. Properly structured, this allows a family to save six-figure amounts in gift and inheritance tax, while the seller spends their old age in […]
Selling an apartment with a tenant – selling a rented condominium can be a profitable way to free up capital, reinvest tied equity, or strategically restructure a portfolio. However, the process comes with significant peculiarities: tenant rights, notice period restrictions, right of first refusal, and a significantly smaller pool of potential buyers lead in practice […]
Selling an apartment – The sale of an apartment is associated with various costs that can vary depending on the type and scope of the transaction. The most important cost items are usually the real estate agent fees and notary fees, as well as any costs incurred in obtaining the documents. What additional additional costs […]
Selling an apartment and staying put – Selling an apartment can be a good way for many people to create additional income or liquidity, especially if they are in a financially difficult situation. However, in most cases, it is not that easy to part with your familiar home and move to a new environment. There […]
Sell your apartment privately – When selling a condominium, there are two options: through a real estate agent or on your own. Selling privately saves you the real estate agent’s commission, typically 3.57% including VAT (buyer and seller share together usually 7.14%) – at a purchase price of 500,000 €, this can quickly amount to […]
Sell Apartment Taxes – If you are looking to sell an apartment, it is important to look into the relevant tax regulations. After all, tax payments are one of the most significant cost factors to consider. Yet, with proper preparation, a variety of taxes can be saved. Speculation tax, inheritance & Co. – we explain […]