Selling property in Friedrichshain-Kreuzberg (Berlin): Procedure, costs and exposé – Tips

Selling property in Friedrichshain-Kreuzberg – selling an apartment, selling an apartment building or selling your own property. Friedrichshain-Kreuzberg is in no way inferior to the other Berlin districts of Charlottenburg, Pankow, Grunewald, Wannsee and Steglitz! Are you planning to sell real estate here? To help you sell your property lucratively and without any problems, we have all the important information and tips on the sales process here. Plus: everything you need to know about property valuation, financing and potential additional costs. Welcome to Berlin Friedrichshain-Kreuzberg! Back to Real Estate Berlin.

Friedrichshain-Kreuzberg: Popular district with central location

As a capital, university city, historical stronghold and international location, Berlin is an attractive place to live for families, couples, singles and students. Berlin inspires not only with its dazzling skyline and diverse cityscape, but also with its growing job market and good infrastructure. This also attracts quite a few national and international companies from all over Europe, which makes a move to Berlin particularly appealing. Whether it’s a luxurious villa in Berlin-Wannsee or an exclusive apartment in Wilmersdorf – everyone can find their home in Berlin.

District: map and location

The district of Friedrichshain-Kreuzberg is centrally located within the city, bordering the family-friendly district of Prenzlauer Berg to the north and the elegant Schöneberg to the south. Friedrichshain-Kreuzberg is popular not only for its central location, but also for its proximity to the city’s most famous monuments and attractions, as well as its diverse cultural offerings.

Buildings from the GDR era and landmarks such as the East Side Gallery or the Jewish Museum – these buildings give the borough with around 290,000 inhabitants its unique character. Whether it’s a spacious detached house, a spacious maisonette or an exclusive loft – the real estate market in Friedrichshain-Kreuzberg is just as colourful as the cultural offerings.

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Sell real estate: Apartment, house, apartment building

Are you planning to sell your property in Friedrichshain-Kreuzberg? Valuation, creating an exposé, drawing up the purchase contract – the sales process is not only time-consuming, but also requires a lot of effort. Many people ask themselves the question: selling with or without an estate agent? Since the private sale of real estate involves many risks and sources of error, it is advisable to call on the expertise of a real estate agent. After all, a real estate agent is not only familiar with the different taxes and documents, but also with the variety of house types and apartment types. Not only the purchase price depends on the type of property, but also the sales process.

You want to sell your property in Friedrichshain-Kreuzberg? More about that in a moment. You can find further articles and tips here.

Before the sale, however, the valuation of the property must first be carried out:

Real estate valuation: Valuation for the sale of real estate

Whether divorce, better career opportunities elsewhere or inheritance – the property should not only be sold quickly, but also efficiently. Both buyers and sellers agree on this. One of the most important steps is the valuation of the property. Here, the purchase price is determined on the basis of various factors, such as location, infrastructure, year of construction and equipment.

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Real estate sale Friedrichshain-Kreuzberg: Evaluate house, apartment & property

If a prospective buyer wants to purchase your apartment building, a solid valuation on the part of the seller is important. The same applies to villas, apartments and complete plots of land. Whether Charlottenburg, Pankow or Friedrichshain-Kreuzberg – calculate an attractive and market-oriented sales price: If your sales price is too high, hardly any serious interested parties will stop by. Of course, you don’t want to give away any money either.

If the purchase price is too high, you scare off potential buyers. If the purchase price is too low, you are giving away money.

Our free property valuation will determine the best possible selling price for your property. If you need assistance during the sales negotiations, we are happy to be there for you.

Documents for the valuation: building plan, energy certificate & Co.

The current extract from the land register is an important source of information for a valuation and sales activities. It clarifies existing obligations and encumbrances of the property and the residential property. We will be happy to obtain this for you from the relevant local court. Further documents for the sale of houses and flats include the building plans, building descriptions, declarations of partition and the energy certificate.

You will need the following documents for a successful valuation:

  • Current extract from the land register
  • Building plans
  • Building specifications
  • Declarations of division
  • Energy certificate

Calculate chewing price correctly: Important influencing factors

Whether it’s a plot of land, an apartment building or a granny annexe – in most cases the most important factors that influence the value and therefore the selling price of your property remain the same. Thus, not only the location of the property plays an important role, but also the infrastructure, size and equipment. Here are some of the most important criteria:

  • Location
  • Infrastructure / Surroundings
  • Size
  • Equipment
  • State of development
  • Refurbishments / Refurbishment requirements

Financing, taxes and loan obligations: Arrangements with the bank

If the mortgage loan for the house or renovation has not yet been fully repaid, the sale must be agreed with the bank. In many cases, future buyers take over the existing obligations or receive attractive offers from the issuing bank. If the loan is redeemed by the seller with the purchase price for the property, an early repayment penalty may be payable by the bank.

If there is a mortgage loan, it is necessary to talk to the bank before the sale

Do not forget costs: Incidental purchase costs & taxation

When selling a house or apartment, the seller may also incur additional costs. For example, if the property has been owned for less than 10 years, any profit must be taxed. In addition, there are ancillary purchase costs. Only for owner-occupiers is the sale tax-free – contact us, we will be happy to inform you about the costs and ancillary purchase costs when selling real estate.

Learn more here: Save taxes on real estate

Create a sales exposé: Offline or online?

Today, real estate marketing is done online. On the social media platforms and on the Internet, potentially interested parties search for suitable residential properties. From the multitude of offers, your property should stand out and appeal to the right target group.

The sales exposé is crucial for a successful sale. Take great care with it, but avoid raising false expectations at all costs. The information in the exposé must be accurate and honest, but the sales-promoting effect must not fall by the wayside. Write to us if you are looking for assistance with the preparation of property photos and texts.

Sell property in Berlin

Selling property in the capital? The city with over a million inhabitants is getting more and more visitors over the years: students and professionals move to the city for professional reasons. The wide range of companies and universities makes this city an attractive place to move to for many people. We explain all the important steps and aspects in the following article:

Frequently asked questions for sellers

You want to buy a property and are now in a hurry with your current property sale? Whether it’s a semi-detached house in Prenzlauer Berg, an old apartment in Charlottenburg or a detached house in Wilmersdorf – as a property seller there are certain questions you need to ask yourself. Have you already found a new property? Do you also want to sell the furnishings of the property? And is there a pre-sale right?

Here are the most important questions you need to ask yourself as an owner before selling:

  1. Do you have a follow-on property in mind?
  2. Is there a need for renovation / refurbishment of the apartment?
  3. Are all records and documents available?
  4. Are early repayment penalties payable?
  5. Are the declaration of partition, building insurance, minutes of the owners’ meeting, utility bills, list of rents, etc. available?
  6. Are there lists of the maintenance of the condominium (maintenance costs)?
  7. Should inventory be sold?
  8. Is there a right of first refusal?
  9. Value of the apartment?

Do you already know it? Berlin-Prenzlauer Berg

Friedrichshain-Kreuzberg is not the right choice for you? Then take a look at the article on Prenzlauer Berg! The district went through a major transformation in recent years due to gentrification. The district has been upgraded with loft apartments and has become a popular place for families to move to. Convince yourself of Prenzlauer Berg and get all the information you need to sell your property.

Berlin: Real estate in the capital

Capital, university city, historical stronghold and as an international location an attractive place to live for families, couples, singles and students. Accordingly, Berlin faces a continuously growing population due to immigration.

Living in Berlin

In Berlin, city districts are called Kiez. We present the most beautiful neighborhoods of the German capital and tell you where you can buy the best, highest quality and most exclusive properties to set up your new home, or which neighborhoods are best suited to invest in a property as an investment. We present you here the most popular residential areas.

Sell, buy and live in Berlin

Berlin offers everything from fashion, art, finance, start-ups, and the list goes on. There is hardly a person who would not find their passion in this city of 3.75 million. This is also evident in the sprawl of the city and the different districts. For this reason it is often described as’ many cities in one’. A walk through Berlin-Mitte is very different from Kreuzberg and Prenzlauer Berg is not often confused with Zehlendorf.

Buy, rent and sell real estate in Berlin – Berlin is not only in Germany the “place to be” when it comes to real estate, in all of Europe and worldwide Berlin is known. Next to London and Paris, Berlin is the hotspot in Europe for Europeans themselves, tourists and real estate investors. Here you will find the big overview, on the subject of buying, selling, renting, investment and everything else you need to know about the Berlin real estate market.