Location of the Rhine-Main region

Among the most famous cities in the region are Frankfurt am Main, Wiesbaden and Mainz. But also small towns like Eltville, Ingelheim, Bingen am Rhein and are internationally known, especially through tourism.

More and more investors are taking notice of the region.

Why, actually?

On the one hand, many companies from the financial sector are moving to Paris and Frankfurt am Main since Brexit. Frankfurt can be reached from most cities in half an hour. In addition, the popularity with Asian investors is increasing when they are looking for investment properties in Germany. The increased interest has many factors, tourism is creating awareness, including through new media, as is the increased interest in fine wines. The Rhine-Main area is one of the wine growing regions in Germany.

The Rhine-Main region is located in the south-west of Germany and runs mostly through the states of Hesse and Rhineland-Palatinate. As seen here on the map:

Germany as an investor imagines it

For visiting investors, I would like to recommend the following, if circumstances permit: A short drive, along the Rhine. By car or even via train. Very few people take the regional train on a daily basis. But if you, as a real estate investor, take the time to take the regional train, for example from Koblenz to Bingen, you will pass picturesque places that you would otherwise not see.

Vineyards, castles, real estate in prime locations

The entire route leads along the Rhine. You drive along the river, between the mountains, from town to town. On the mountain tops there is a castle every 5 minutes. It was hard for me to take my eyes off the panorama on the first, and also on the second ride.

Between the small towns, villages appear every two minutes in the mountain slopes, with real estate in the slopes, down to the course of the river Moselle. And again, on the mountain top is a magnificent castle. On the Rhine, exactly the same picture. An absolutely picturesque region. Rugged cliffs, viticulture, welcome to the Rhine-Main area.

On the mountain slopes are houses, apartment buildings and the one or the other more magnificent estate. Equally much represented is the hotel industry, through international tourism.

Strong demand: location, economy and advantages

In this area, it is difficult for investors to get properties in need of renovation. Because, not only Germans and Europeans invest here anymore. Chinese investors are also looking for special objects and properties. In particular, the growing preference for wine in China and Asia in general, provides for the increasing attention of the region, beyond the borders of Europe.

Picturesque countryside, healthy nature, many small towns and large metropolises such as Frankfurt, barely 30 minutes away. In addition, the always strong tourism, the proximity to economically strong regions (NRW, France) and Chinese players. In addition to these advantages, there is also the shipping, which is an attraction for locals, for tourists, but shipping also flushes money into the coffers of the municipalities.

Advantages at a glance

Of course, I can only give you a very small glimpse of the region in this article. But if you were to ask me how I would sum up the region, it would be like this.

Advantages: Real estate in the Rhine-Main region

• Picturesque region, healthy nature
• Small towns and close to Frankfurt am Main
• Proximity to economic areas such as NRW, France
• Thriving international tourism (stable for decades)
• Shipping

Real estate portfolio: little space, efficient construction

If we talk specifically about the closer location on the two rivers Rhine and Main, then the majority of the real estate stock consists of semi-detached houses and smaller apartment buildings. Space is very scarce here, due to the rugged mountains that stretch upwards, especially in the Moselle and Rhine valleys. On the edges, the very long, shoreline cities, are isolated single-family homes.

In fact, the space between the bank and the rocky outcrops is often very tight. Sometimes there are only a few meters between the river and the steep rock face. The rock faces reach 50 to 80 meters high, partly vertical.

This is what makes the region so unique.

Large cities nearby: Culture and economy

Besides the many small towns and villages, right on the riverbanks, there are a few interesting cities in the region, each with its own charm.

Frankfurt am Main

Important and the first to mention is Frankfurt. The banking metropolis has always been one of the strongest regions in Germany and even Europe. To the banks comes one of the largest airports in the world. Frankfurt Airport is an international hub, with hundreds of take-offs and landings every day. Add to that the many cargo planes arriving from all over the world. Frankfurt is also a trade fair city and holds some of the largest trade fairs in Germany, such as the IAA (International Motor Show), XY and XY.

Advantages of Frankfurt am Main:

• Banking city, financial company and industry
• International airport, one of the largest in the world
• International trade fair city with flagship trade fairs in Germany

Buy and sell real estate in Frankfurt. Here we have a deeper insight into the real estate market of Frankfurt. From condominiums in the banking district to villas in more upscale neighborhoods like Frankfurt Altstadt, Westend-Süd or the Gutleutviertel.

• Real Estate Frankfurt
• Real estate for sale Frankfurt
• Living in Frankfurt

Frankfurt Map: City and Location

Wiesbaden

• Wiesbaden

Wiesbaden Map: City and Location

Mainz

• Mainz

Mainz Map: City and Location

Bingen am Rhein: Investing “in the countryside” (Tip for Frankfurt residents)

Capital investment new building Bingen – You are looking for an attractive capital investment near Frankfurt, Mainz & Wiesbaden. Welcome to Bingen on the Rhine! Take advantage of the current interest rate situation and invest now in the Rhine-Main region. In a central location with a fantastic view of the Rhine and the Rheingau, 25 modern and bright condominiums will be built in the usual high quality. From the cosy two-room apartment with approx. 66 m² of living space to the spacious four-room apartment with approx. 152 m² of living space, this exclusive residence offers the right property for every situation in life. The immediate proximity to the river as well as to several parks and local recreation areas combined with excellent transport links make the Rheintal Terraces so unique.

• Bingen on the Rhine

Special: Real Estate & Corona – Updates

More articles and analysis on real estate in the Corona Crisis:

• Demand increases (Google Trends): Real estate sales
• Is the real estate bubble bursting? Price development
• Housing bubble, what does that mean?
• COVID-19: Coronavirus Meaning

Real estate market in Corona times

It is quite clear that the market for real estate is – from a business and economic perspective – a market like many others. It is driven by supply and demand and is also subject to numerous factors influencing the economy as a whole. It is therefore not surprising that the consequences of the Corona pandemic are being felt in the real estate market.

Short-time work, possible job loss, drop in oil prices, the uncertainties regarding the time after Corona: all these are factors where a majority thinks: “Buying or selling real estate is not the right time now”. Prices will fall, rental income will be lost for an indefinite period of time – no prospects for lucrative real estate deals. There are also very practical limitations. Due to the dramatically reduced contact possibilities, it is currently almost impossible to negotiate sales contracts and conclude them with a notary. Lucky who could make his sale before the crisis? From now on it’s all downhill? We at Lukinski have a differentiated opinion!

Corona Analysis 08/20 – now online

Now online – Real Estate Corona crisis: sale of house, apartment, apartment building, the demand is increasing, that show the trends. In these days many speak of the second wave, which comes now on Germany in addition, the whole world. Already at the beginning, at the beginning with the Corona Pandemie, in many economic in addition, financial messages before it warned that in the autumn a wave of the insolvencies will come on us. A logical consequence of insolvency is the loss of property, not only in the form of jewellery, cars or furnishings, of course real estate will also be affected if the rate of insolvencies in Germany increases.

The trend analysis in the field of real estate sales (08/20) deals with the increasing demand. Very directly visible, among others on the main keyword “sell property”. The charts and the review of the last 12 months can be found below. Moderately increased, on average only 2 to 3 points, are the sale of house and condominium. So there doesn’t seem to be much change in the amount of search queries here yet.

Very noticeable, on the other hand, is the trend on the topic of “selling multi-family houses”. As you will see in the individual analyses and charts, the trend is jumping upwards these days.

Now online: Real Estate Corona Analysis 08/20

Opinions are mixed

In mid-March 2020, when the pandemic had already reached the German market, no one in the real estate world saw any negative consequences for the property market. There was no talk of contact restrictions, business life was still largely normal. Only with the tightening of contact rules, the closing of public institutions such as schools, but also restaurants, etc., the tone changed. Here is a brief summary of the positions:

Corona: Property prices will fall

After prices for houses and apartments still rose by an average of 5% last year, and in some places by more than 10%, Corona will cool the market noticeably. Because:

1. Buyers fear for their jobs
2. Loss of rent for rented properties is now a real calculation factor
3. Every real estate cycle so far ends in a recession
4. A recession in the economy also affects the real estate industry
5. Share packages lose value, so there is no purchase capital for real estate
6. This particularly affects the private buyer/seller
7. Already in 2008, during the financial crisis of the Euro, the real estate market collapsed by 12%.

House price development in Germany:

You can find more statistics at Statista

Corona has no influence on property prices

Because the investment in real estate is also often referred to as “concrete gold”, the ownership of real estate proves to be valuable and unshakeable, especially in such a crisis. Regardless of whether it is owner-occupied property or a rental investment: the market for real estate will continue to boom. Because:

1. Lending rates remain at historically low levels
2. Interest rates are kept stable precisely in order to cope with crises
3. The shortage of housing in Germany persists
4. There is no real estate bubble because banks did not make loans lightly
5. Rental and owner-occupied apartments are still in high demand
6. Real estate is a long-term investment
7. Demanded residential locations continue to have stable prices

Sell house in Corona times

Despite contact restrictions and other restrictions on the movement of goods and merchandise: In Germany, some activities regarding the real estate market are still permitted! For example, owners of rentable properties are allowed to arrange viewing appointments on a limited basis. However, no mass viewings, but only individual appointments. This makes renting more difficult, but not impossible. Attention: The regulations depend on the federal state!

Read more about the current regulations when selling a house in Corona times here!

Overall, it is now for all who own a property and want to sell it: Keep calm! In addition, it is important to have the right estate agent as a partner for the sale at your side. Hiring the right real estate agent is the order of the day. Discretion in selling real estate is also very important at this time. Discreet brokers have significant advantages for the seller here!

Discreet brokers: particularly recommended in times of crisis

Discreet brokers always work “to the exclusion of the public” when selling real estate. They have access to an extensive customer file without having to advertise your property in the relevant ways. They are accustomed to carry out viewing appointments and all other activities around the house sale almost in all silence. Mass appointments, broad advertisements, etc. are not the business of the Diskret broker. Thus, he fulfils all the requirements for a sales management of real estate in times of Corona.

However, discreet real estate marketing – also referred to as “secret sale” – poses very special challenges for the real estate agent.

• The Diskret broker sells your house with absolute discretion
• The Diskret broker does without the usual Internet portals for real estate offers
• The Diskret-Makler has an extensive prospective customer file
• The discreet broker thus often ensures a faster sale of your property
• Especially when the normal distribution channel is closed.
• The discreet broker sells real estate of all types and sizes
• The Diskret broker also works when the seller lives abroad

Lukinski with its team of experts is a discreet broker in the Rhine-Main area. We also inspect properties under these special conditions and evaluate your property professionally and discreetly.

House sale and discretion – two worlds meet?

Selling a house without making it public – how is that supposed to work? A“discreet broker” knows how to bring the two worlds together. In most cases, maximum discretion also has positive effects on the sales price and the speed with which a property changes hands.

How does a Diskret broker work?

• Discreet realtors from Lukinski sell your house with absolute discretion
• Lukinski’s discreet brokers do without the usual Internet portals for real estate offers
• Diskret-Makler vonLukinski have an extensive prospective customer file
• Lukinski’s discreet brokers often ensure a quicker sale of your property.
• Discreet brokers from Lukinski sell real estate of all types and sizes
• Lukinski’s discreet brokers work even if the seller lives abroad

In the international real estate market, this way of working has long been known and appreciated as a “secret sale”. Sebastian Mathias is one of the few regional estate agents to work with Lukinski as a discreet broker. And this without renouncing the classic virtues of a serious and customer-oriented broker.

Home staging or renovating – what’s the difference?

One thing is quite certain: a top renovated apartment achieves a higher sales price than a property with a renovation backlog. On average, properties with “upmarket fittings” are around 17% more expensive than properties in the same location and size with “normal fittings”. In contrast, apartments with “simple fittings” are a good 14% lower in price than those with “normal fittings”. At least that’s what renowned real estate experts, including Lukinski, say.

This already makes it clear that renovations are not just about painting walls and cleaning windows. Renovations concern basic features of your property such as heating, flooring, electrical installations, windows in general, etc. Before selling your property and possible renovations, everyone should first estimate the costs! Because it usually takes a lot of money to turn a “simple” property into an “upscale” one. More money than can later be achieved through the added value in the sales price. In many cases “homestaging” can be an alternative.

Germans are on the renovation trip

You can find more statistics at Statista

“Simple” – “normal” – “upscale”: What condition is your property in?

Here are briefly some characteristics about the condition of a property:

Selling price: The condition of the property is what counts

Basically, a good and well-kept overall impression of the house and property ensures a good sales price. A good estate agent will give tips on this before an exposé is prepared.

Here are the most important tips from Lukinski:

• If the house has a garden, it should be maintained according to conventional standards
• Avoid squeaky garden gates
• Corridors/staircases should be cleaned
• Ventilate living areas well
• If necessary and possible, provide fresh paint inside
• Worn out floors should be replaced, or covered up

Real estate prices in general: Is there a bubble bursting?

Real estate in Wiesbaden-Schiersteincontinues to achieve top prices! After all, the proportion of detached houses in the district is not particularly high. However, apartment buildings are also sought-after properties in Wiesbaden-Schierstein. In terms of quality of life and recreational value, Schierstein is at the very top of the scale of popular districts in Wiesbaden. Due to the lack of space, the rate of new construction is also not particularly high.

Supply and demand regulate prices. An end to the upward trend is currently still not in sight. But the price increase curve is flattening out and the first experts are warning of a “bursting real estate bubble”. The risks for real estate prices include above all the economic development in the country. And there the “fat years” are probably over for the time being. The high price level for real estate is currently still being maintained by the very low interest rate level.

House sale in times of Corona

It is still too early to name the effects of the Corona crisis on the real estate market. Currently, there are two different positions among real estate experts. Some say that real estate as “concrete gold” still retains its value and continues to increase in value, especially in locations such as Wiesbaden and the surrounding area.

On the other hand, it is said that the value of a property also depends very much on the disposable income of potential buyers. If this income falls, for example against the background of the current crisis, then the demand for real estate falls – and with it the prices. Anyone who wants to be on the safe side should therefore implement their sales plans now.

Conclusion: Now are the times good for selling a house

Whether renovated or not: Basically, the times for the sale of your property in Wiesbaden-Schierstein are currently still favourable. At least in terms of the selling prices that can be achieved. If the economic conditions in Germany worsen, however, a decline in prospective buyers can be expected in the longer term. That means then sometime also falling prices. An initial valuation of your property in Wiesbaden-Schierstein is always non-binding and free of charge with reputable estate agents. Which time is the right one for your house sale, of course, only you decide in the end.

We at Lukinski explain to you what is important for a successful and, above all, discreet real estate sale in Wiesbaden. Discreet broker Sebastian Mathias von Lukinski knows exactly how to achieve top prices for real estate in Wiesbaden. Does Corona have an influence on the real estate sale? You will find information about this here as well.

House sale in times of Corona

It is still too early to name the effects of the Corona crisis on the real estate market. Currently, there are two different positions among real estate experts. Some say that real estate as “concrete gold” still retains its value and continues to increase in value, especially in locations such as Wiesbaden and the surrounding area.

On the other hand, it is said that the value of a property also depends very much on the disposable income of potential buyers. If this income falls, for example against the background of the current crisis, then the demand for real estate falls – and with it the prices. Anyone who wants to be on the safe side should therefore implement their sales plans now.

Further information on the coronavirus and its effects can be found here.

Selling a house and apartment – This is how it works

Well prepared, you avoid mistakes in the real estate sale and exclude that the process is not to your satisfaction. Selling a house or apartment is a very complex and time-consuming task that requires a lot of know-how and core expertise. When you want to sell your private property, there are usually a lot of emotions involved. These have an effect on the realistic valuation and thus on the competence in determining the sales price.

Furthermore, the marketing of real estate presupposes that clear ownership conditions prevail and that any loans still to be repaid at the bank, as well as a land charge or mortgage, are taken into account. If the property or the apartment is rented out or if an occupant enjoys lifelong residential rights, the house sale faces a particular challenge.

The thorough planning and professional realisation should at best be carried out by an estate agent and be tailored to your requirements, as well as the special features of the property. The smallest mistakes in the sales planning can result in high financial losses or lead to the fact that the sale of the house or the condominium is difficult and brings unnecessary waiting time. This circumstance is especially counterproductive if you have to sell promptly or otherwise end up in a foreclosure auction.

Sell Wiesbaden real estate discreetly

Selling a house without making it public – how is that supposed to work? Diskret broker Sebastian Mathias von Lukinski knows how to bring the two worlds together. In most cases, maximum discretion also has positive effects on the sales price and the speed with which a property changes hands.

The Diskret-Makler comes particularly well to the course, if in a well-functioning neighbourhood evenly not everyone is to get your sales intentions. If a property is for sale and is unoccupied during this period, the work of the Diskret-Makler ensures that no “uninvited guests” come into the property.

How does a Diskret broker work?

• Discreet realtors from Lukinski sell your house with absolute discretion
• Lukinski’s discreet brokers do without the usual Internet portals for real estate offers
• Diskret-Makler vonLukinski have an extensive prospective customer file
• Lukinski’s discreet brokers often ensure a quicker sale of your property.
• Discreet brokers from Lukinski sell real estate of all types and sizes
• Lukinski’s discreet brokers work even if the seller lives abroad

In the international real estate market, this way of working has long been known and appreciated as a “secret sale”. Sebastian Mathias is one of the few regional estate agents to work with Lukinski as a discreet broker. And this without renouncing the classic virtues of a serious and customer-oriented broker.

Broker & contact person Wiesbaden

Get in touch with our real estate team:

• Real estate agent Wiesbaden – Contact person

Sales price: Market value is not the same as property value

Of course you want to achieve the highest possible sales price for your property! Often, however, the seller’s ideas are not those that are the “right” ones for the property or the market environment. The right selling price is the one that leads to the successful completion of the sales process in a timeframe that is acceptable to the seller, taking into account the immediate market environment and also future developments.

Thus, the determination of the right real estate price is of fundamental importance for the sales process. Lukinski’s work for a successful sale therefore begins precisely at this juncture. Very few property owners have the necessary knowledge and experience in the real estate market. Hiring true real estate professionals is therefore a sign of professionalism on the part of the client!

Steps and procedure for the sale – checklist

Here we give you an overview of the most important steps towards a successful house sale. At the same time, it will also give you a first insight into Lukinski’s services:

1. On-site visit
2. Valuation
3. Creation of a comprehensive sales exposé
4. Precise placement with selected interested parties
5. Sales management via selected marketing media (digital/analogue)
6. Organisation and realisation of viewing appointments
7. Preparation of contract documents
8. Accompaniment of the notary appointments
9. Sale
10. Aftercare buyer/seller

How much does it cost to sell a house?

The sale of your property by the professionals of Lukinski costs you initially NOTHING! The above-mentioned services and all necessary accompanying work are done by real estate agents without any financial advance payments by the seller. Only with the successful sale of the property costs arise. The broker receives his commission, with which he is rewarded for his previously rendered services. This commission is – depending on the federal state – between 5.95% and 7.14%. Often this rate is borne by the seller and the buyer in each case to the half. In Hesse, the official broker’s commission is 5.95% of the purchase price, which – also officially – is to be borne by the buyer alone. Value added tax is included in this amount!

Selling – Private or with real estate agent?

Bierstadt, Biebrich, Klarenthal, Dotzheim, Schierstein, Sonnenberg and Erbenheim are currently particularly popular in Wiesbaden. In these districts of Wiesbaden, you as a seller have top chances of good sales prices given the developments in property prices in recent years.

Selling a house privately in Wiesbaden? This means a lot of time for you, the collection of many documents such as building plans, appointments and stress with interested parties, especially if they do not appear at the viewing appointment. If you decide to sell your house privately in Wiesbaden, you should plan enough time from the appraisal to the creation of the advertisement on various platforms, the registration, the property photos, to the customer approach and sales phase. In addition, there are vacation days for visits In this time, months pass without market knowledge. If you want to sell quickly, you have to accept many losses privately. Without a network and partners, selling a house means one thing above all: stress.

Preparation, documentation, renovation and time

Because even before the sale starts, you must not underestimate the preparation time. For example, with regard to the possible backlog of renovations to the property. In addition to all the work on the condominium or house, there are also all the preparations for the sale. Did you know how many documents you need just to create the exposé? These include, among others:

• Documents relating to the property (site plan, building plan, etc.)
• Other plans (building encumbrance register, cadastral plan, waste water plan)
• Overview of the latest renovation and modernization measures
• Insurance documents (fire insurance)
• Overview of ancillary costs
• Land register excerpt
• Energy certificate
• Pictures of the object

Real estate agents do it: stress-free sale

A reliable real estate agent takes care of your concerns and wishes when selling in Wiesbaden. If you are also affected by a spontaneous sale, by relocation and new job, separation and divorce or even by the death of a loved one, then we are your contact in Rhein-Main and especially in Wiesbaden. As a real estate agent we take the organisation off your shoulders and support you through our network and our regular customers to achieve a quick sale with a good sales price! Without any stress with our friendly team. Do you have any questions? Please contact our real estate team for:

• Real estate agent Wiesbaden

Preparation – construction plans to price calculation

The sale of an apartment, house or land must be carefully prepared. Important questions are best clarified in advance. To do this, you will need some documents, such as the extract from the land register, building plans, a site plan, floor plans, an extract from the cadastral map, a building description, especially if extensions or conversions have subsequently taken place, and an energy certificate.

If a condominium is for sale, additional documents such as a declaration of division, an overview of reserves and the minutes of the last three owners’ meetings are also required. If renovation measures have been carried out in the past, it is advisable to prepare a list of the work and the amount of the renovation costs. This is because the maintenance costs invested are a good argument for the desired sales price. You should also clarify in advance whether third party rights are recorded in the land register, such as a right of first refusal, a heritable building right or a right of residence.

Offer price: Calculation by broker experts

Before you can offer your property on the market, you need the right asking price. For this, you should take a lot of time or appoint a surveyor who will take care of the valuation of your property. Because overpriced properties usually do not find a buyer. However, you should never offer your investment below its price.

There are several aspects to consider when determining the value. You can find out the current value of the land price at the respective location via so-called standard land value maps – or you can simply talk to Lukinski. Because as experts for all questions concerning the sale of a house, Lukinski has all relevant key figures for the determination of the purchase price at its disposal.

Renovation before sale

If you are selling an apartment or a house, the equipment and condition also play a role. You should be aware of any defects and take them into account when calculating the price. Sometimes it is worth considering renovation. Because often the costs for this are cheaper and you can then put your property on the market accordingly more expensive. If your property is rented out, this will also affect the selling price. The main factors here are the monthly rent and the agreed duration of the tenancy.

Once the selling price of your property is fixed, you can offer it on the market. The marketing can happen via newspaper advertisements and well-known Internet portals. Helpful for this are really good photos, which give a good impression of the property, as well as an exposé with a lot of information. A floor plan is also often helpful.

You can save yourself a lot of time, stress and money by trusting the expertise of a real estate agent when selling your property. Lukinski not only offers itself for the marketing of your property. We also have a large network of potential buyers in Wiesbaden, so that you can often find a suitable buyer for your property more quickly. Talk to us, contact us without obligation. We will also be happy to show you what we can do in an on-site appointment!

Procedure – Real estate sale from the inspection to the purchase contract

Marketing a property – whether a house or an apartment – is a complex matter, even in boom areas. Private sellers often use the same methods as real estate professionals – as do the experts at Lukinski. However, the devil is – as so often – in the detail! Starting with the pricing in line with the market and the property, the right wording in the exposé, the legally correct information on the condition of the property, right through to viewings and the conclusion of contracts: there are many pitfalls and dangers on the sometimes long road to a successful property sale.

Particularly pleasant for you as a seller: If you commission a broker, he assumes all costs incurred for the marketing. Only in the event of success does the broker receive payment for his efforts in the form of a fee.

One broker, many benefits: What are you waiting for?

In most cases, the sale by real estate experts also happens much faster than on private initiative. Because not every sales channel is suitable for every type of property! After the first conversation with the seller, the Lukinski team already knows which target group fits the property, where the best sales opportunities lie and with which media mix this target group is reached. Finally, Lukinski also has an extensive file of clients willing to buy.

As a rule, the first interested parties who would like to view the property come forward very soon after the advertisement has been issued. As a real estate professional, we prepare the viewing appointments for you very well. There are even sellers who do not want to be present at these appointments. This is also no problem for Lukinski.

If necessary, simply take care of the appearance of your house or apartment in advance. If necessary, carry out small repairs to give prospective buyers the best possible impression of the property on offer. Such investments are always worthwhile and come back in the ultimately acquired purchase price. Of course, the property and the property should be well cleaned up beforehand to present it from the best side.

One of the few things you can do yourself to prepare for a successful real estate sale is to deal with potential questions about your property from prospective buyers in advance. Here, Lukinski’s experts can also help you with their many years of experience.

Marketing of the property: Your object skilfully staged

We skilfully stage your property and also know how best to deal with critical questions as well as demands for price reductions. Because during the sales negotiations, every prospective buyer will try to keep the price as low as possible. We stand up for your interests and make sure that the property sale is carried out on your desired terms.

An often forgotten or underestimated advantage of the estate agent: he has no emotional attachment to the property and therefore has a very objective negotiating position. This already pays off for the seller in the valuation of the property in line with the market!

We are looking for buyers – you decide!

After successfuly negotiating the price with the buyer, Lukinski also checks the creditworthiness of the potential buyer. Only then do you make a decision whether to sell your property to the prospective buyer. After that, the contract of sale is concluded. As a rule, the contract is drawn up by a notary public, the costs of which are borne by the buyer.

The price includes advice from the notary, drafting and notarisation of the contract. Furthermore, the notary checks the performance rights, rights of way, land charges and whether a pre-emption right exists. The contents of the purchase contract are determined by you individually.

The Lukinski team will take care of all these tasks in the sales process for you if you commission us to do so. We are happy to advise you in this regard so that you do not forget any important agreements and procedures in the sales process.

Real estate prices – square meters current

Why is Wiesbaden so sought after as a city to live and work in? First of all, it has to do with the city’s location!

Tip. Low interest rates and rising rents: There is much to be said for real estate as a capital investment in Wiesbaden. The safe and profitable investment. Read more now: Real estate as a capital investment

Real estate in prime locations: Where is Wiesbaden located?

Wiesbaden and its southern districts are located on the right bank of the Rhine opposite the Rhineland-Palatinate capital Mainz, at a point where the Rhine changes its main direction from the south to the west. To the north of the city, the low mountain range Taunus extends with its main ridge running in a northeasterly direction.

The city centre lies, five kilometres from the Rhine, in a wide valley hollow between the Taunus Heights in the north, the Bierstadter Höhe and the Hainerberg in the east, the Mosbacher Berg in the south and the Schiersteiner Berg in the west. The highest point of the city area with 608 meters lies near the summit of the Hohe Wurzel on the Rheinhöhenweg, lowest point is the harbor entrance of Schierstein with 83 meters sea level.

Ultimately, Wiesbaden is somewhat marginal in the state of Hesse in terms of its importance as a state capital. If it were purely a matter of location and transport links, then Frankfurt would certainly be the better state capital. But Wiesbaden itself also looks back on a long and significant city history. Some cornerstones of this history are of great importance for the development of real estate in Wiesbaden.

Building substance in Wiesbaden

Many representative buildings were built during the imperial period of the 19th century. The Kurhaus Wiesbaden with its casino and the Hessian State Theatre on Wilhelmstraße are still important today and characterise the cityscape. Finally, however, the smart apartment buildings along the Kaiser-Friedrich-Ring or the Rheinstraße with all their side streets are also characteristic for the representative cityscape.

Since you want to sell a property in the Wiesbaden region, it is helpful to get a first impression of the current property prices. Of course, the equipment, location and year of construction always play an important role in the prices quoted. Therefore, the following real estate prices always give you only a guideline, but do not represent a basis for the exact calculation of a price per square metre.

Nevertheless, you can use the current market situation to gain an insight into the development of the real estate market in Wiesbaden. This can also be helpful in terms of a strategic approach to the sale.

Sell apartment: Price per square meter

Currently, the real estate prices in Wiesbaden for the purchase of apartments are between about 3000 € and 3,600 € per square meter for existing properties. For newly built apartments they are significantly higher! There are large fluctuations between the various districts. The living space of the property is also decisive for the chances of sale. Lukinski’s experts can quickly tell you how your property fits into this structure upon request.

• Square metre prices for new purchases of apartments between around €3,000 and €3,600

Likewise, there are serious differences in property prices when you consider the location in Wiesbaden. In Sonnenberg you will achieve the best prices. The Erbenheim district, on the other hand, is usually at the lower end of the price scale.

Selling a house: Price per square foot

Houses are more expensive in Wiesbaden, as elsewhere in Germany. Prices per square metre for new builds vary between €3,500 and almost €7,000, while prices for existing buildings still range between €2,500 and €6,500. Comparing the average prices for houses across Germany, it is clear that houses in Wiesbaden are significantly above the average due to the city’s preferred location and amenities.

• Square metre prices for new buildings between €3,500 and almost €7,000
• Prices per square metre for existing buildings between €2,500 and €6,500

A real exception for property prices in Wiesbaden is currently still the north-eastern district of Auringen. This rather rural/village location is about 13 kilometres away from the city centre. That influences the sales prices to be obtained for real estates noticeably downward. However, this often increases the chances of selling to people who want to live close to the city but in a quiet area. Through your connection to Lukinski you have access to our extensive pool of interested parties!

Wiesbaden offers a lot of architecture!

Statistics – Facts and Figures

Source: Wikipedia / Wiesbaden. More statistics can be found here: Real Estate Statistics.

• State: Hesse
• Administrative district: Darmstadt
• Altitude: 117 m above sea level
• Surface area: 203.93 km2
• Population: 278,342 (Dec. 31, 2018).
• Population density: 1365 inhabitants per km2
• Post codes: 65183-65207, 55246, 55252
• Area codes: 0611, 06122, 06127, 06134
• License plate number: WI
• City structure: 26 municipal districts

Directions and address – Municipality

Questions on the subject of new real estate construction? Here you will find contact persons and all forms. Address of the city administration: Schlossplatz 6 65183 Wiesbaden.

Wiesbaden among the 10 most expensive cities

Did you already know? Wiesbaden is one of the most expensive cities in Germany. The rents are exploding and more and more singles and families in Wiesbaden rely on their own property. For singles it is mostly the 40 – 120 sqm² condominium, for families usually a house with over 110 sqm². Good times for sellers! These are the cities with the highest rental prices for apartments in Germany in Q1 2019 (in euros per square metre):

You can find more statistics at Statista

Best chances for your sale

Administrative city, cultural metropolis, spa facilities, proximity to nature and a lot of historical building fabric in surroundings steeped in history: All these are the best prerequisites for the quick and lucrative sale of your property in Wiesbaden. Lukinski helps you to find the best price and introduces you to solvent buyers for your property at short notice.

As a full-service company, Lukinski will professionally present your property in the best light and, if required, will take care of the successful implementation of all steps in the sale of the house up to the signed purchase contract. Contact us easily and without obligation. We would also be happy to arrange a personal appointment with you on site.

Wiesbaden – living and working

When was Wiesbaden founded?

The history of Wiesbaden begins in antiquity. The Romans were already aware of the city’s hot springs, near which they built a fortification around 6 to 15 AD. The springs were first described in 77 AD in the work Naturalis historia by Pliny the Elder. A Roman settlement named Aquae Mattiacorum was established. The settlement was the main town of the Roman administrative district Civitas Mattiacorum in the province Germania superior. In 828/830 Einhard, the biographer of Charlemagne, mentioned the name Wisibada(the bath in the meadows) for the first time. At that time it was a main place of the king’s special district.

The thermal springs of the city have then much later – namely in the 19th century ensured that Wiesbaden became a popular holiday resort, especially for the German Emperor Wilhelm II. Even today, Wiesbadeners speak of their city as the “Nice of the North”. Because like the jet-set metropolis on the Cote d’Azur, Wiesbaden also has a casino and a fashionable spa hotel in addition to a spa house.

When did Wiesbaden become the state capital?

In December 1952, the city of Wiesbaden was awarded the designation “state capital” by the Hessian Minister of the Interior. This continued a long tradition as a governmental and administrative metropolis for the “Nice of the North”. For as early as the 19th century Wiesbaden became the Ducal-Nassau residential city. A rapid population growth set in, so that from 1805 to 1900 the number of Wiesbaden residents grew from about 2300 people to more than 100,000.

The growth was by no means to be described as “wild”, because already more than 100 years ago city planners ensured the foundation of corresponding city quarters, which were connected by partly generous avenue streets. Many of the numerous sights in Wiesbaden also originate from this flourishing period of growth.

In the 19th century, a significant part of the building fabric that still characterises the city was created: representative city villas and apartment buildings with classicist facades. It is precisely this building fabric that is once again in high demand among many prospective real estate buyers!

Value development, building fabric and building components

Lukinski can tell you what value development old building fabric has experienced and which building components affect the price of your property in Wiesbaden and how. Lukinski is also well informed about which districts in Wiesbaden are considered to be particularly high priced when selling real estate.

• You can find more about the city on the official website of Wiesbaden.

Sights in Wiesbaden shape the cityscape

• Schlossplatz (Wiesbaden)
• Wilhelmstrasse
• Kurhaus
• Market Church
• Casino
• Hessian State Theatre
• Nerobergbahn
• Neroberg
• Russian Church
• Biebrich Castle

By the way: Did you know that the climate in Wiesbaden is considered particularly mild because of its sheltered location? Temperatures average more than 25 degrees in summer and only -1 degrees in winter!

Heirs – Sale of a house as heir to a community of heirs

Are you or will you become heir to a property in Wiesbaden? Do you not want to use it yourself? Whether renting or selling: Lukinski’s experts are at your side with help and advice. We rent or sell your property at best conditions!

Lukinski is also the right partner for communities of heirs! Because with this special constellation of heirs, the sale or rental of a property is more difficult. In Germany, by the way, around four million properties are expected to be inherited by 2024, according to a study by the DIA (Deutsches Institut für Altersvorsorge).

Communities of heirs in the tax trap

If you have already inherited a house or apartment, start by notifying the tax office of the beneficiaries of the inheritance. This notification must be made within three months. Notifying the tax office is important because the tax office wants to determine a tax liability. By law, there is an allowance on the estate. If this is exceeded, inheritance tax is due. Incidentally, the higher the tax-free amount, the closer the relationship to the deceased.

In the course of the inheritance notification, you must also send the tax office a document showing the value of the property. The tax office performs its own calculations based on a rigid key. However, you can argue against this with the help of a valuation that differs greatly from the tax office’s calculation. An appraiser – such as Lukinski – will serve you best in this regard. The next thing to do is to make an amendment to the land register. This entry is free of charge for the first two years after the receipt of the inheritance and should not be forgotten under any circumstances.

As an heir in a community of heirs, you cannot decide alone about the property. This is because all members of the community of heirs must agree to the sale of the property. During negotiations within a community of heirs, the question often arises as to whether the property should be sold privately or through an estate agent.

Neutral advice is our strength

In order to ensure that the sale/rental process is as conflict-free and swift as possible, we recommend the involvement of a neutral person. At Lukinski, we provide all members of a community of heirs with neutral information on all topics relating to the sale of your inherited property and take care of a quick sale with a good return. Again, we approach the sales process without emotional attachment to the property. We take care of a realistic value and sales price determination, as is currently customary in Wiesbaden.

By the way, when selling an inherited property, a speculation period must be observed! If the purchase of the property was less than ten years ago and the property was not used by the deceased, speculation tax is due. Therefore, the time when the property was purchased by the deceased plays an important role. If the property was in his possession for more than ten years and was used by him himself, no speculation tax is due – unless you want to keep the property and pay off the other heirs.

When selling a house through a community of heirs, there are a few more taxes that may apply. We at Lukinski – Ihr Hausverkauf are very familiar with the legal conditions when selling a property and will be happy to advise you in detail in this regard.

Divorce – separation from the partner: What now?

Many of our clients discuss the sale of their property with us in advance of the divorce. Why? The sale of a house or a condominium takes a lot of time. All formalities should be known in advance, so that afterwards, after the separation, no unpleasant surprises arise. As a real estate agent in Frankfurt, Berlin or Cologne, you are often confronted not only with questions about the process of selling a house, but also with general questions that arise in the run-up to a divorce.

Divorces happen for a variety of reasons and at all stages of a relationship. No matter if it is the first month after a hasty wedding, the famous darn seventh year or the divorce after decades, in the second half of life.

Top 5 reasons for divorce

1. Married too fast – pressure
2. Lack of communication
3. A new partner
4. Mistake of the other
5. Disinterest in one’s partner
6. … all grounds for divorce.

The separation year – necessity, benefits & reconciliations

The separation year is intended to give spouses one last chance for reconciliation and enough time to think about this life-changing decision. The law provides many guidelines here that couples must adhere to. Lukinski’s experts reveal exactly how the separation year works and how couples can make the divorce process the easiest. Common issues in divorce are mainly:

• How soon can you file for divorce?
• How soon can you get divorced again?
• How much does the divorce cost?
• What all do you need for the divorce?

Read more about divorce and the separation year here.

Conclusion – Sell quickly or wait?

No question: A house or an apartment sells at top prices in Wiesbaden today and in the future. Your real estate offer will meet with a large number of interested parties! But precisely for this reason it is important that the seller does not make any mistakes due to premature action or ignorance in the sales process. This applies to individual sellers as well as – and especially – to communities of heirs. We at Lukinski know exactly how to sell your property in Wiesbaden quickly, “noiselessly” and profitably for you! Simply save yourself a lot of time and stress when selling your property in cooperation with Lukinski. Contact us and let us advise you without obligation and gain from our many years of experience with real estate transactions in the Rhine-Main area and beyond. We will take care that your property will be sold profitably!

Broker & contact person Wiesbaden

Get in touch with our real estate team:

• Real estate agent Wiesbaden – Contact person

What is a real estate bubble?

What is a real estate bubble? Many who hear the word real estate bubble first wonder what the term is all about. A real estate bubble is a form of a speculative bubble. The term real estate bubble states that real estate is being sold at overpriced prices and is generally overvalued. The higher these prices get, the bigger the real estate bubble gets until it finally bursts after reaching its peak. Once it bursts, prices fall abruptly.

The Spiegel reports this week that economists currently see increased alarm signals in the current speculation on the real estate market. Therefore, economists classify the bubble risk at 92 percent. Further, the mirror sees an overheating in the real estate market: For these cities and counties experts warn of a bubble. It becomes critical under circumstances for real estate owners. As described in the WDR: “Who would have to sell his object, in order to come at money at present, obtains only lower prices, says Voigtländer. The financing model set up together with a bank could then waver. But those who keep their property in the medium or long term do not feel any direct effects.”

Where are property prices rising the most?

The price trend is currently strongest in the south of Germany. Bavaria, Baden-Württemberg but also neighboring states such as Hesse and Rhineland-Palatinate have to contend with rising prices per square meter. What annoys the buyer of houses and condominiums, is for house sellers of course an absolute blessing, because currently top prices can be achieved, as you can see here in the statistical analysis:

You can find more infographics at Statista

Is it still worth investing in real estate?

Admittedly, the current real estate market is in motion and heated up. Real estate prices per square meter have been rising for some time. What is and remains certain is that real estate is still one of the few investment properties that currently still yield sufficiently attractive returns for investors. Tip: Here you can find all current prices of the most important real estate companies. Despite the current and long pending discussion about a real estate bubble, the investment does not seem completely absurd. Learn more here: Real estate as an investment.

Interview: “The real estate bubble will burst”.

Prof.Max Otte in an interview with SWR with the statement: “The real estate bubble will burst”. The topic: “The Great Money Flood – How the Rich Are Getting Richer”.

Tip! New at Lukinski: Sell Hotel

Profit from the current tourism boom and sell your old hotel at a good selling price. More tips? Read here: Selling a hotel.

Hotel verkaufen? #Tourismus in Deutschland boomt wie nie! Wir haben alle Statistiken zu Gästezahlen & Co. Holen Sie jetzt den besten Verkaufspreis für Ihr Hotel!https://t.co/KZAmfrM39l

— IhrHausverkauf.de (@ihrhausverkauf) August 10, 2019

Real Estate News

IM Real Estate Manager on healthcare real estate

This week at IM Immobilienmanager, among others, articles on “Healthcare real estate: hardly any big deals” and “Eden Tower: €110 million financing in place”. More news can be found here:

• Europe’s logistics rents rise sharply
• Eden Tower: 110 million euro financing in place
• Healthcare real estate: Hardly any big deals

Frankfurter Allgemeine on health: How to work in the garden without back pain

This week’s Frankfurter Allgemeine features exciting articles such as “Garden design: June’s flowering treasure chest” and “The right way to rake and mow: Gardening without back pain”. More news from the past days:

• Garden design: June’s flowering treasure chest
• Holiday architecture: How to attract guests with special holiday properties
• Rake and mow properly: How to do gardening without back pain

Real Estate Newspaper on political interventions in the granting of loans

This week Immobilien Zeitung has interesting topics such as “Outlet centers will double turnover in Germany” and “In Münster, especially medium residential areas will become more expensive” in the magazine. The posts and more tips can be found here:

• Outlet centers will double sales in Germany
• DIW calls for political intervention in lending
• In Münster, it is mainly medium-range residential areas that are becoming more expensive

Spiegel on speculation in the real estate market

At Spiegel, this week’s topics are “Overheating in the real estate market: experts warn of a bubble for these cities and counties” and “Real estate: bank offers construction loan without interest in Denmark” . More news from this week:

• Real estate: Bank offers construction loan without interest in Denmark
• Speculation on the real estate market: Economists rate bubble risk at 92 percent
• Overheating on the real estate market: Experts warn of a bubble for these cities and districts

Handelsblatt on Mexico City: Paradise for apartment renters

In contrast, Handelsblatt reports this week on “Vonovia increases profit by 13 percent thanks to acquisitions and higher rental income” and “Low interest rates aren’t everything: These are the best providers for construction loans” . More headlines of the week:

• Low interest rates are not everything: These are the best providers of building loans
• Why Mexico City is a paradise for apartment renters
• Vonovia increases profit by 13 percent thanks to acquisitions and higher rental income

Star to new concepts: The kit house

Stern’s blog looks at “London: tenant fined €112,000 for renting out his council flat via Airbnb” and “House building: put up this dream kit house yourself” . More news of the week:

• House building: This dreamlike kit house you put up yourself
• London: Tenant must pay €112,000 fine for renting out his council flat via Airbnb
• Real estates: Family plans with 84,000 euro building child money – and is to go out now empty-handedly

Haufe with money laundering in focus and suspicious leases

New from Haufe this week includes “Housing construction: Vorpommern demands concrete help from state and federal government” and “Money laundering: real estate agents must report suspicious rental contracts” . More real estate news for tenants, buyers and sellers:

• Housing construction: Vorpommern demands concrete help from state and federal government
• Cabinet approves draft law against share deals
• Money laundering: estate agents must report suspicious leases

Manager Magazin on HQ Capital: Gambled away in New York

There are also new headlines this week from Manager Magazin such as “Extreme interest rate development: Danes get long-term loans at zero rates for the first time” as well as “Adenauer vs. Quandt: HQ Capital gambles away in New York” . More headlines:

• Adenauer vs. Quandt: HQ Capital gambles away in New York
• Extreme interest rate development: Danes receive long-term loans at zero rates for the first time
• Hotel icon Raffles Singapore reopened: A room? Here there are only suites

T-Online on deadlines in house building

This week, T-Online has covered topics such as “Warranty when building a house – no builder should miss this deadline” and “Rent arrears – rent not paid: When may the landlord terminate?” . New topics of the week:

• Protection for times of crisis – stumbling blocks for couples in real estate financing
• Rent arrears – rent not paid: When may the landlord terminate the lease?
• Warranty when building a house – no builder should miss this deadline

Süddeutsche Zeitung with landlord interview

This week’s Süddeutsche Zeitung blog is about “We are practically fully let” and “Database instead of gut feeling” . Updates and news from the newspaper:

• We are practically fully let
• And suddenly there’s nothing
• Database instead of gut feeling

Federal Gazette on land transfer tax reform threatening businesses

This week at Bundesanzeiger among others “Year of construction must be correct” but also “First yes, then no” . New articles, headlines and trends:

• First yes, then no
• Year of manufacture must be correct
• Real estate transfer tax reform may threaten companies: Federal Cabinet approves unsuccessful reform

Berlin.de about Tegel after-use

New articles and posts from Berlin.de this week include “Homeowners must build reserves for maintenance” and “More building applications for apartments due to extensions and conversions” . More headlines of the week:

• Homeowners must set aside reserves for maintenance
• Senate pushes ahead with plans for Tegel’s subsequent use
• More building applications for apartments due to extensions and conversions

Investment Stocks: Real Estate Winner of the Week

CR Capital Real Estate

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