Luxury real estate and investment properties: Alliance = exclusive offers

As a luxury broker, our focus is not only on research, but also on valuation and appraisal for our clients. From high-end interiors like Fendi, Hermés or Bugatti to extras like sports cars and infinity pools with unobstructed views of the city. We guarantee exclusivity.

Luxury in USA, EU & UAE

• Luxury Broker New York
• Luxury Broker Los Angeles
• Luxury Broker Miami
• Luxury Broker USA
• Luxury Estate Agents London
• Luxury Broker Dubai
• Luxury Broker Mallorca
• Luxury Broker Kitzbühel

Top ratings and exclusive network

Protection – The more expertise, experience and reviews are gathered, the safer the overall buying process will be for you. That’s why we rely on our alliance of reputable, top brokers who are spread across all continents. This way you are guaranteed to find a property that exactly meets your wishes and expectations. We also stand as experts in the press and media with advice and action. Thus we give e.g. in the FIV magazine regularly expert tips for real estate buyers and salesmen, like here to the topic: New luxury real estates – interview with Stephan M. Czaja, externally on fivmagazine.de. This is how many readers discover new and interesting investments.

Especially through owner Stephan M. Czaja, the network of contacts grows with every day and every week. Especially through our work and our own companies, we make new contacts, who in turn become part of the alliance. In this way we can guarantee you a smooth and first-class referral of exposés, are permanently at your side with words and deeds and let our analyses and evaluations flow into the decision-making process. Of course, we, or rather our experts at Allianz, take on many other tasks for you, for example tax issues, price negotiations, but also local building law.

You see, with a strong luxury broker on your side, you will have a profitable business.

Property developer and new building: Investment condominium & house

Increase in value and rent-free – A house, a condominium, whether in New York, Los Angeles, Miami or even Dubai and Hamburg, no matter where your own property is, it offers a stable and sustainable investment. Just a small example, the purchase prices in Germany have risen again last year by 9.8%. If you look at the current real estate statistics, you will quickly see that the increase in value, especially for property, really offers excellent prospects. Thus real estates as capital investment become naturally also with the sting. Asset management an important topic. We advise you as experts and independent consultants.

Buy and sell luxury real estate without a broker?!

Risk minimization and error avoidance are central, especially when it comes to high-priced real estate, land, houses or condominiums. From tax processing with country-specific requirements to the building substance of a property that is often thousands of kilometres away.

Buy without broker Allianz

The purchase of a property should not be made solely by you as a private person. In particular, factors such as the aforementioned building fabric of the property, the location and neighborhood, furnishings, plumbing, land, garages, and much more. All this requires a professional view. This is the only way to evaluate a property seriously.

Rather buy 2 Lamborghini than pay too much

Real estate valuation is about many influencing factors that can minimize the price for you as a buyer. At 500,000, 600,000 savings, quite a relevant factor and sometimes directly the first car fleet in the new city by the savings. Pay too much or instead a new Rolls Royce or two Lamborghini (base price 178,500, full equipment from 232,000)? You understand, real estate agents save you money and more importantly, time (research, analysis, appraisals, etc.)

• Real estate agents save you money (purchase price, tax laws, etc.)
• Real estate agents save you time (research, analysis, appraisals, etc.), which is a deciding factor for our clients when they hire us.

Selling without a broker Allianz

Selling without an estate agent – When selling real estate it is the same as when buying a property. The building fabric of the property, the location and neighbourhood, furnishings, sanitary facilities, land, garages, etc. must be seen, analysed and meticulously assessed by a professional. Otherwise the property value can be quickly depressed by the potential, private buyer of your property – your loss.

Through the expertise of a luxury real estate agent and his exclusive circle of regular customers, business partners but also acquaintances as well as his digital reputation, you have a choice of buyers.

Tip: Bidding war! Through a good broker your house or condo gets more attention. With 3, 4 prospective buyers, the purchase prices for the house or condo can quickly spiral upward on their own, due to the change in supply and demand. Like an auction, the shortage of supply often entices buyers to make higher offers.

That’s why there are: From the evaluation of the substance of the construction to the buyer acquisition, brokers also save you a lot of time in the sales process and they increase your profit from the sale of real estate.

Commission: What does a real estate agent cost?

Costs – How much does an estate agent or a luxury estate agent cost? This question is not as easy to answer in the high-priced segment as it is for a regular real estate agent who deals with apartments or even single-family houses. The broker commission of a regular real estate agent is 2.38 x sum of the cold rent.

Broker commission: Example for rent

• Monthly rent of the property: 2.500 Rent
• Broker commission (brokerage) amounts to 2.38 x cold rent
• Broker costs 5,950 / one-time at closing
• Individual agreements are made for high-priced properties

Broker commission: Example for purchase

• Purchase price of the property: 1.200.000
• Broker commission(brokerage) is 5% of the purchase price
• Broker costs 60,000

Rent, buy, live: Our alliance finds everything

Finding property – Renting, buying, living, whoever is looking for a property should, as shown above, rely on the expertise of a reputable real estate agent. When it comes to the search, it is no longer about facts and figures, but about your wishes, ideas and goals!

Our customers are divided into two groups, some buy real estate as an investment and speculate on the increase in value, e.g. of land or of the building itself.

The other group changes their lives, by changing the city of their own company, football club, family ties but also simply to live in the most beautiful places in the world, like London or New York.

With us, you will find your property, worldwide.

Real estate network, brokerage and purchase advice

Can it be a little more? Through my years of working with investors, developers and administrators, I too have grown increasingly fond of the subject. Real estate is so much more than “just houses”. They beautify cityscapes, provide a home and are often landmarks for estates, countries and the people who live there. From the protection of historical monuments to new architecture – by working with celebrities and people from trade, business and industry, a unique has gradually emerged.

Exclusive properties that do not appear on the usual portals(off market), newly built condominiums as capital investment also in Dubai, New York or Los Angeles.

• Luxury brokers

New real estate

New construction and exclusive brokerage – From duplexes in New York City, right on Central Park, to family villas in the Dubai Hills (new construction). With us you will always find new and exclusive properties. We have focused our especially on these countries: USA(New York, Los Angeles, Miami), Germany(Hamburg, Berlin and Cologne), United Arab Emirates and Hong Kong.

GmbH & Co OHG – formation, financing, liability & Co

The general partnership – OHG for short – is one of the so-called full companies and, as a partnership, is subject to the German Commercial Code (HGB). The formation process for this legal form of company is quite uncomplicated, as it can be formed informally and requires a minimum of only two founding members. It can be formed by both natural persons and legal entities. A maximum number of permissible shareholders is not specified by law.

If the personally liable main shareholder of an OHG appears as a limited liability company (GmbH) or if no natural persons but exclusively legal entities are liable in the company as a whole, a so-called Gesellschaft mit beschränkter Haftung & Compagnie Offene Handelsgesellschaft – in short: GmbH & Co OHG – is formed. But be careful: While the GmbH represents a legal entity by virtue of its legal form, a GmbH & Co OHG does not have its own legal personality and is always considered a partnership!

Other typical partnerships:

• Limited partnership (KG)
• General partnership (OHG)
• Limited Liability Company and Company Limited Partnership(GmbH & Co KG)

Foundation & Company Name

The formation of a GmbH & Co OHG requires at least two persons, with at least one of the two appearing in the form of a GmbH. A common scenario sees both founding members as limited liability companies that join together to form a GmbH & Co OHG for a joint project. In any case, all legal entities of the company act as general partners.

If you are starting from scratch, you first need to set up a limited liability company. To do this, you need the following in a nutshell: a natural or legal person as the founder of the company; a tax identification number (tax ID); the registration confirmation from the trade office; the shareholders’ agreement aka articles of association together with notarial certification; 25,000 euros in share capital; and finally the entry in the commercial register.

You can find out how the process of setting up a GmbH works in detail here:

• Establishment of a limited liability company (GmbH)

You have successfuly founded your GmbH? Then the next step is to set up a limited liability company (Gesellschaft mit beschränkter Haftung & Compagnie Offene Handelsgesellschaft). Since the GmbH & Co OHG is a separate company, you again need a tax ID and must register the company with the trade office. Since one of the partners is a GmbH, the GmbHG also requires a minimum capital of 25,000 euros, in contrast to the conventional OHG. The establishment of articles of association is also mandatory and of course your company needs a suitable company name including the company suffix “GmbH & Co OHG”.

Management & power of representation

Insofar as no other regulation has been established in the shareholders’ agreement, each shareholder of a GmbH & Co OHG has the power of representation in the external relationship. It is possible to agree on a joint representation within the articles of association – and to enter this in the commercial register – or to withdraw the power of representation from individual shareholders. However, this restriction only applies in the internal relationship and is ineffective vis-à-vis third parties, since they cannot view the representation authority of the individual partners.

The same applies to the power to manage: In principle, all shareholders may – and should – act in a managing capacity. Deviations from the legal regulations in the German Commercial Code (HGB) are possible, but only become effective in the external relationship if a corresponding note has been entered in the commercial register and the information is thus accessible to the public. In the absence of a corresponding entry in the commercial register, a transaction is effective even if the shareholder has been excluded from management in the internal relationship.

Excerpt from the law – § 114 HGB:

(1) All shareholders are entitled and obliged to manage the business of the Company.
(2) If the management is assigned to one or more shareholders in the partnership agreement, the other shareholders shall be excluded from the management.

Business letters – offers, order forms, invoices & Co.

In business transactions, the GmbH & Co OHG is bound to a certain presentation. Thus on all business letters – as with the conventional OHG also – information must be given to the legal form addition, the company seat, the responsible register court as well as the commercial register number. Since it concerns with the partners legal entities, a GmbH & CO OHG must indicate additionally the companies of the partners together with legal form addition and further their commercial register number, the responsible register court and the registered office of the companies. The full names of all managing directors and members of the management board – as well as the first name and surname of the chairman of the supervisory board, if applicable – must also be listed on all business letters.

Business correspondence includes all written communications from a company that are specifically adressed to one or more recipients, such as order forms, solicited offers, invoices and payment reminders or dunning letters. General promotional literature and direct mail, on the other hand, are not business letters in form and accordingly do not have to contain any of the above information.

Profit distribution, loss sharing & liability

With regard to the distribution of profits and the sharing of losses, either the statutory principles come into play or corresponding provisions have been anchored in the Articles of Association. Profits are generally distributed “per capita” at 4 percent of the capital share plus additional profit. Loss sharing is also carried out “according to heads”.

A limited liability company & Compagnie General partnership is liable as a company with its business assets. In addition, the individual partners – as with the general partnership – are directly, unlimitedly and jointly and severally liable, i.e.: creditors can not only directly attack the partners independently of the causer, but in case of doubt also raise liability claims beyond the company assets, namely on the private assets of the individual partners.

If, on the other hand, shareholders of a GmbH & Co OHG appear in the form of a limited liability company (GmbH), they are liable as legal entities only to the extent of the GmbH’s capital contribution. The limitation of liability as a legal entity is one of the advantageous features of this legal form of enterprise.

Tax liability of GmbH & Co OHG shareholders – GewSt, USt & ESt / KSt

Like all other legal forms of companies, the Gesellschaft mit beschränkter Haftung & Compagnie Offene Handelsgesellschaft is generally liable to pay taxes. For commercial enterprises with an annual income of more than 24,500 euros, the trade tax obligation applies and, in principle, for all companies, the turnover tax obligation applies, insofar as the GmbH & Co OHG does not only carry out tax-exempt sales.

In addition, partnerships are generally subject to the transparency principle, which states that due to the income tax liability of the individual partners, the payment of income tax for the partnership as a whole is superfluous. Distributed profits are also taxed in the partners’ income tax return as income from business operations. However, this is based on the assumption of natural persons. Income from profits for legal entities, on the other hand, is subject to corporate income tax.

• Trade tax (GewSt)
• Value added tax (VAT)
• Income tax (ESt)
• Corporate income tax (KSt)

Taxes for businesses, all in one list:

• Taxes in Germany

GmbH & Co OHG – For whom is it worthwhile?

A significant advantage of a GmbH & Co OHG is undoubtedly the limitation of liability to the business assets of the GmbH as a personally liable partner. This means that company founders can quickly and easily get off the ground in a team on an equal footing and do not directly risk the existence of their company if an investment turns out to be disadvantageous. In contrast to the GmbH & Co KG, the equal cooperation of the partners is particularly important here and strong hierarchies corresponding to the limited partnership are avoided.

So who is the GmbH & Co OHG suitable for? This legal form is worthwhile for start-ups who would like to set up their business as a partnership without having to forego the special liability restrictions of a GmbH. A GmbH & Co OHG is also conceivable as an asset-managing company and for family businesses.

Alternatives to the GmbH & Co OHG: Legal forms in Germany

Legal forms – What types of company are there? If you want to start your first company, then choosing the ideal legal form is one of the first steps in the process of setting up a company. Whether it’s a special real estate company or a start-up, I’ve summarized all the types of companies in Germany for you here.

• Legal forms: List

Company types in detail:

• Sole proprietorship
• Registered businessman / registered businesswoman (e. K.)
• Civil law partnership (GbR)
• General partnership (OHG)
• Limited partnership (KG)
• Entrepreneurial company (UG)
• GmbH: Limited liability company
• Real estate GmbH / Asset management GmbH
• Stock corporation (AG)
• Real estate stock corporation (REIT-AG)
• Societas Europaea (SE)
• Foundation / Family Foundation