Buying a building plot in Berlin

The property is located in one of the most sought-after locations in the capital. Its strategic position makes it ideal for high-quality project developments such as exclusive apartment buildings, townhouses or prestigious villas. The demand for new living space in central districts of Berlin remains unbroken – supply, on the other hand, is very limited.

Potential for exclusive project development

The site offers extensive design options and is suitable for both private investors and institutional project developers. Due to its location, size and development possibilities, it offers the opportunity to realize one of the most important construction projects in Berlin-Mitte.

• Property volume: approx. 90 million euros
• Project volume incl. new building: approx. 288 million euros
• Excellent location in Berlin

Berlin: Dynamic real estate market

Berlin

The capital attracts national and international investors alike. High-quality residential and commercial properties in central locations are in particularly high demand. Berlin combines economic growth, internationality and lifestyle in a unique way, which has a direct impact on price trends.

Advantages of the Berlin market

With constantly rising demand and limited supply, Berlin is one of the most stable markets in Europe. Project developments in central locations achieve above-average yields and retain their value in the long term. Projects in the premium segment in particular benefit from the city’s international appeal.

• High demand in the premium segment
• Limited supply in prime locations
• Stable performance

Your real estate consultant for Berlin

Exclusive properties and large-volume project developments require discreet advice and excellent market knowledge. As real estate consultants, we provide you with confidential and individual support through all phases of the purchase or sale. Benefit from our expertise in Berlin’s premium segment and secure access to exceptional projects.

Would you like to find out more? Write to us or give us a call:

• Contact us

Visualization:

Land sale Berlin: Learn the procedure

There are various factors that influence the value of a plot of land, depending on whether it is a meadow or forest plot, agricultural land, raw building land, land awaiting construction or building land. On the one hand, of course, the intended use of the land, the possibilities of building on it and, of course, one of the central value factors: the location of your land. Regardless of whether it is a building plot, land for construction, forest land or agricultural land in the Berlin area, the same questions always arise for sellers and property owners!

This is where our guide or guidebook comes in, which brings the sale of land, including the valuation of the land, piece by piece closer.

The right time: credit pressure, old age, inheritance

As different as the reasons are, the process of selling real estate is always relatively the same. Broadly speaking, it involves 3 phases: 1) the preparation for the sale of the property, 2) the marketing phase and 3) the completion of the sale.

Reasons for selling a property are many and varied. As mentioned above, it can be a sudden inheritance and confronting a property that may not even be in your immediate area. Even if it is right next door, what do you do with that property? Apart from inheritance, there are of course many other reasons, for example financial pressure due to existing loans, as well as old age.

Either way: Timing is key so there is no pressure to sell. Ideally, you inform yourself now because you want to sell in 3 or 4 months. If you need to sell sooner, it is advisable to approach domestic investors, foreign investors, institutions, construction companies directly through experts in off market trading. More on this later.

Advantage Berlin: Hype of the city

Berlin attracts investors like no other city in Europe. Berlin is located in the middle of the many countries that are part of the European Union. Berlin is also relatively central in Germany and is easily accessible from cities like Munich, Hamburg and Cologne, by car, train and plane. As the capital city, it is not only interesting for tourists and business, the country’s major politics are also at home here. You see: Many, different target groups!

This in turn supports the sale. Sell in districts such as Schöneberg and Wannsee or in trendy neighbourhoods such as Kreuzberg, Friedrichshain and classy districts such as Grunewald and Weißensee.

Sale in 3 phases: Preparation, marketing and closing of the sale

You may have already read about these 3 phases, with their individual steps, in our guide to selling property.

This additional guide to selling land in Berlin is specifically for those selling their first property. In addition to the phases, we also take a look at the property valuation (location, layout, size, development, etc.), the general and more specific documents and records needed for the sale and … but let’s start at step 1:

The preparation of the sale

Prepare land sale: Planning and strategy

The preparation phase is concerned with strategic planning, as with the sale of an apartment or house. The preparation phase is crucial for the success of the sale, here it is about the right timing, the selection of the right broker (for the right target group, as mentioned above), important documents and records for the sale, from which ultimately the offer price (land value) is calculated. No matter whether building plot, forest, field or acre.

Berlin is a sought-after place. At the same time, as a (first-time) seller, you can make an extremely large number of mistakes that ultimately cost you a lot of money. A loss of only 15% on a property worth 5,000,000 euros can result in a loss of 750,000 euros. And we are not even talking about properties in Berlin Mitte. You can achieve such prices in Berlin Pankow, for example.

But back to step 1 in the preparation:

1. Set time schedule
2. Make an appointment with a real estate agent
3. Collect documents
4. Prepare property
5. Determinequotation price
6. Create exposé

Timing and broker selection

First of all there is the time planning. For the sale of a property you should calculate with at least 3 months, from the first thought to the notary appointment and transfer of the purchase price. Of course, it can go faster (the mentioned, direct and discreet investor approach in the off market area), but we want to give a general overview here!

At least 3 months time, until the sale, does not mean that it is also sold after three months. Here, above all, the decision for the right real estate agent plays a role, as well as the valuation of the property. If the valuation is set too high, you will lose interested parties for your property offer – even in Berlin!

Generally speaking, selling under time pressure is never a good option.

Real estate prices in this country are relatively high and stable in almost all locations, after all, it is one of the strongest real estate markets in the world. Berlin in particular has been experiencing a boom for a long time. Square meter prices in Berlin are rising, even though the city government is fighting against it. Measures against “speculators” (investors) are, for example, the Mietpreisbremse (albeit recently overturned), ordinances on renovation and modernization, conversion of rental housing to condominiums, etc.

Berlin: Price development (comparison)

The goal of most investors: to develop land. That means: the more residential units, the more buildable floor space, the better. This is also evident when looking at the price being asked for a square metre of condominiums in Berlin.

The development of asking prices for condominiums in Berlin, from 2012 to the 1st quarter of 2021 are enormous. Here is an insight into the average price, in euros per square metre.

• 2012 (Q1): 1,671 Euro / m²
• 2015 (Q1): 2.321 Euro / m² (+ 38.9%)
• 2017 (Q1): 3.154 Euro / m² (+ 35.9%)
• 2019 (Q1): 3,897 euros / m² (+ 23.5%)
• 2021 (Q1): 4,781 Euro / m² (+ 22.6%)

From 1st quarter 2012 to 1st quarter 2021, a total increase of + 168.1 %.

Sell land privately?

From my experience without expertise through previous sales, a real experiment and venture, where many mistakes can arise in the sale of property. Often it is then recommended to accept the help of the real estate lawyer, because he knows better with the tax savings in the sale of real estate, finances & Co.

If you’re interested in the dangers that can happen from selling property privately, here’s our list of the typical, 15 mistakes when selling real estate. Condo, house, apartment building, land:

• Mistakes in the sale of real estate

So let’s summarize briefly: If you sell off market to well connected brokers, it can be very quick, sometimes under 30 days to transaction, thanks to targeting investors in the internal network. When selling via real estate portals, it’s more like 3 months and a lot of communication with private individuals, plus credit checks, etc.

After scheduling and choosing a good real estate agent, move on to the documents and paperwork they will need for the property sale.

Documents and records for the sale of land

The documents are prepared early, because they also serve for the valuation of the property, we will come to that in a moment.

Reading Tip: Selling Property: Documents

As a rule, before you sell a property, you need the following documents:

1. Cadastral map or real estate map from the cadastral office
2. Development plan
3. Land register extract Land registry
4. Land use plan
5. Preliminary building application
6. Information on building encumbrances
7. Development proofs
8. Notice of land tax

Prepare the land? Shouldn’t the next step be the property valuation and the offer price? No, because by no beauty corrections the price can be corrected often still a little upward. No picture has been taken yet, no exposé and no investor has been approached.

Increase in value before property valuation

Here is a small example from practice: When I speak with my investors, these are usually larger companies, institutions or family offices. Accordingly, a person is quickly sent from somewhere in the country, who quickly makes an overview of the property, live on site. Just like that, quickly by car, a few meters on foot.

For the exposé, for the valuation but also for such spontaneous viewings, it is worth taking a look at ways in which you can still increase the value of your property. From simple “beauty corrections” to preparatory measures for further development.

In our example from practice it was about a property from Berlin. Who knows Berlin knows that empty properties, without security measures, are quickly littered. If even apartment buildings in Berlin are occupied, then no properties are safe.

It’s just little things, but just as an increase in the value of the property, through small beauty corrections or renovations is achievable, can also optimize properties before the property photos, before the valuation, before the first visits. Thus the value can be increased with the property sale, in which you for reorganization work a craftsman, or for small rebuilding measures an architect in Berlin to rate pull. It is not about 5%, 10% increase in value, but even an increase in value of 1%, 2%, makes a property of 1 million market value already a significant proportion, which you can pocket as a seller profitable for themselves.

Offer price: Determine property value (valuation)

The valuation of a plot of land is subject to various factors, just like the valuation of any property. The following factors, among others, are decisive for the valuation of land.

First, as with any property, is location.

Location, location, location … also for Berlin properties

This is also about the development and transport links. The next factor in land valuation is the size of the plot. But size is not everything, the layout also plays a role. In addition to size and layout, there is of course also the development, soil condition, standard ground value, as well as possible contaminated sites and third-party rights.

Exact details should always be discussed and worked out in cooperation with your advisor (broker).

In addition to the location and size, of course, it becomes much more specific: Are we talking about building land, are we talking about soil samples, are we talking about forest land, then also climatic changes, to agricultural land and so on. The land valuation is therefore not as easy to summarize as the apartment valuation or the house valuation.

Value factors: checklist

The factors are important for the evaluation:

• Location of the property
• Size and cut
• Development of the area
• Soil composition
• Degree of development or buildability
• Legacy
• Third-party rights
• Ground value

Property types

In addition, depending on the property, still value factors in the area of the development. Depending on which possibilities are available for the construction.

• Forest or meadow land; if necessary, no construction is allowed
• Land awaiting construction; may be built on in the foreseeable future
• Undeveloped land; land not yet developed
• Building land; development possible within the framework of the development plan

Preparation for the sale of land – Conclusion

Here is a summary of the individual steps. A simple checklist, consisting of 6 key points, which will bring you closer to the process of selling a property.

1. Timing
2. Broker appointment
3. Documents
4. Prepare property
5. Offer price
6. Exposé

When it comes to property valuation, there are a number of factors that come into play. The complexity of each individual property valuation, we can not convey in this general guide, but we can give you this tip, ask yourself the following questions:

• What type of land are you selling? Is it a building plot, a forest plot, agricultural land,…
• How big is your property?
• What type of use is intended for your property?
• How can your plot be built on? This means building footprint (BGF) and house type and / or apartment type
• What are the transport links to the location of 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.

Berlin real estate market: overview

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.

• Real Estate Berlin

Living in Berlin: Popular residential areas

We present the most beautiful districts 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 districts are best suited to invest in a property as an investment. Here we present the most popular residential areas – from upscale Grunewald to charming Schmargendorf and quiet Dahlem to historic Charlottenburg. Back to overview: Living in Berlin.

• Grunewald
• Charlottenburg
• Zoo
• Dahlem
• Schmargendorf
• Prenzlauer Berg
• Kreuzberg
• Kurfürstendamm

Selling real estate in Berlin: house, apartment and land

As an international location, Berlin is an attractive place to live for people from all over the world. While the district of Wilmersdorf in Charlottenburg convinces with its well-kept green spaces, the residential areas of Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and property valuation, you are well prepared. Back to overview: Selling real estate in Berlin.

• Pankow
• Charlottenburg
• Wilmersdorf
• Friedrichshain-Kreuzberg
• Prenzlauer Berg
• Kreuzberg
• Wannsee
• Steglitz
• Schöneberg

Villa, property, new building & Co. – risk and mistakes

Important, this article refers to the sale of:

• Exclusive properties like villas
• Large properties such as new buildings
• Special projects such as land, forest land, agricultural land & Co.

If you “just” want to sell a condo or “just” a house, then read on here: the 15 most common real estate selling mistakes.

Everyone tells you about the typical mistakes, here are the additional real insights for selling real estate!

Preface: Mistakes are human and (!) avoidable

There are the typical mistakes that exist when selling apartments, houses and land. Mistakes that you will also find on all websites!

You may have come across lurid headlines like “Avoid these 7 mistakes” or even “10 mistakes you should avoid” and of course even better “the 11 biggest mistakes when selling real estate” when researching the sale of your property. These “typical” mistakes when selling real estate, you already know from the article “15 mistakes you should avoid”.

Errors are quite normal, because as mentioned in the introduction, only a little over 271,000 properties are sold per year, let’s look at the German real estate market. A significant proportion of these are also purely B2B (i.e. from company to company). So hardly any private sellers know about the risks.

Checklist: 15 mistakes summarized

These really typical mistakes are also quickly enumerated:

1. Too little time planned for sales – Little time? Already comes pressure
2. The wrong time to sell – Situation and economy
3. Inaccurate description of the property – Exposé is written unprofessionally
4. Unfavourable photos in the exposé – Just like exposé, hardly any demand
5. Wrong target audience and strategy – For example, student apartment in newspaper instead of social media.
6. Value of the property is incorrectly assessed – properties do not find buyers
7. Documents and proofs are missing – Documents are not available
8. Property is not prepared for viewings – Does not convince prospective buyers on site
9. Underestimated effort of the sales process – So many get under pressure, e.g. if the new property is already financed
10. Sale and negotiation are considered easy – preparation is then only half-hearted and leads to purchase price losses
11. Selling phase is designed alone – selling privately without estate agent and expertise
12. Prospects stall too long – Valuable time is lost, property is burned by long listing time
13. Proof of financing (buyer) – creditworthiness of buyer not checked
14. Defects in the purchase contract are overlooked – rights but also deadlines
15. Burn property – Large or exclusive properties in mass portals

For small objects that are in private sale, certainly always a nice, first overview. But as soon as it is no longer “only” about 100,000 euros, but perhaps even about 1 million, 3 million or even 10 million, there are completely different factors that are important.

Golden rule for real estate: exclusivity as a sales factor

Rule number one:

The most important thing, exclusivity in the sale, when it comes to objects > 1 million euros.

Why? You can find out here, in this article.

Real estate in comparison

Let’s first look at the different types of buyers and how they review and value properties. The word “ETW” stands for condominium. We look at 4 groups of buyers:

1. Group: ETW / house 80sqm ~ 200.000 rather indifferent; means also the buyer side is mostly inexperienced, it is less examined
2. Group: 150sqm ~ 900.000 / critical buyer
3. Group: 200sqm ~ 1.200.000 / researching buyers
4. Group: 250sqm and over 1.5 M / examining buyer
5. Group: large properties, new construction, agricultural land, etc. – special real estate / very experienced buyers, mostly with their own real estate office

Group 1-3, i.e. properties up to 200sqm, are mostly in the regular property market, in which “only” private individuals are interested. The typical marketing strategy here is: A lot, helps a lot. Often 2, 3 brokers are commissioned and the property is already in 4, 5 portals, newspapers, maybe even on social media networks.

Group 4 buys properties over 200 sqm, but still private. Who buys in this segment, is usually already experienced and knows, with building fabric, appraisers and so on. At the latest here it needs the help of a broker in negotiations.

Group 5 buys properties in the flow. 50 units (i.e. apartments) a quarter or even a month. Some investors buy 1,000 units directly, whether in A-location, B-location or even C-location. Properties in need of renovation, former hotels that are converted into condominiums or even forest land, agricultural land, old prefabricated buildings, etc.

Rule number 2, from group 5:

Time is (usually) more important than money

Group 4 and 5 need exclusive intermediaries, anonymous real estate sales, instead of “broad” mass and marketing, with direct line to investors, real estate funds and family offices.

Family offices (investors) and funds, rather than private individuals

If you want to achieve a high purchase price when selling real estate, you have to consider a few things, especially rule number 1: Exclusivity!

Real estate investors, family offices, any kind of “institution” check real estate offers and they prefer anonymity when buying and selling real estate. It is not only about exclusive villas, but especially about new construction, apartment buildings, neighborhoods, building plots and much more.

So to be separated are individual units like apartment, house, row house, duplex, etc. from:

1. Real estate with several units (terraced house, neighbourhood, street…)
2. Exclusive real estate of wealthy and or well-known persons

Such objects should not appear in public portals, because ideally, only 1 interested party should exist, who quickly and immediately becomes a buyer. For objects over 5 million euros (read our purchase profile here), time is the most valuable factor.

Buyers must have a solid financial background, capital proofs should not be a problem. Knowing these specific real estate investors, private individuals and investment groups is our job. Accordingly, over 99% of our properties never show up anywhere!

Thus, the placement does not take months, but sometimes only 7 to 10 days.

The big advantage of off market real estate and selling to private individuals, family offices and others:

• Anonymity of buyers and sellers
• Good purchase prices, through exclusive offers

Apartment house in A-location with development potential.

Real estate burn – 10 portals, 10 brokers, … Danger

Real estate agent and real estate portal have risks? Yes, exactly.

Too many advertisements – Error 1

The big danger is this, your property is in portal 1, portal 2, portal 3, so solid buyers will be wondering:

Why is this property listed in so many portals?

Why. Real estate buyers compare offers (see group 1-5 above). So as soon as duplicates show up, people start to get skeptical:

• Why does real estate need so much marketing?
• Are there any drawbacks to the property?
• Is the purchase price way too high?

If your offer now stands between thousands of others, the probability to find interested parties decreases, as well as with the typical mistakes when selling real estate.

Too many brokers – mistake 2

Accordingly comes the 2nd fatal mistake that drives many private sales down in price: Because the object was not sold quickly, a second broker is called in, perhaps even a third, fourth and fifth broker.

You wouldn’t believe how often that happens. Even with high-priced properties from 10 million.

Danger: The object is burned.

Factors for the sale: buyer and psychology

Real estate is subject to 2 factors:

• Number-based
• Emotion-based

Emotions are quickly explained: everyone likes to buy nearby, they know their way around here. If it were purely a matter of numbers, there are usually always interesting alternatives (locations) with better returns. This means that emotional factors also play a role.

Of course, a “burnt property” does not mean that you lose 70%, 80% of the purchase price, but it delays the sale of real estate, sometimes even in the years. Especially in the case of houses. Often private sellers then have to accept a lower offered price.

After all, at some point it will have to be sold, especially if a new property has already been financed, whether the move is done or the new love lives in another city.

Anonymity, exclusivity: off market to known buyers

Selling anonymously isn’t just important for construction companies, these two groups usually don’t want to attract attention either:

1. Wealthy individuals and public figures
2. Disposal before inheritance

Wealthy individuals and public figures – In addition to price, there is the notoriety of the owners described earlier. In particular, wealthy individuals and public figures do not want their properties to be open to view. Whether fans or members of the press, anonymity is considered very, very important in millionaire circles.

Then there is another group that prefers to sell anonymously and thus at the same time benefit from the effect of the exclusive sale, a higher purchase price.

Sale before Inheritance – Even on the subject of selling property before death, there are many people who do not want their own children or closer relatives, often even neighbours to know about the property sale. This could lead to disputes before a sale is completed.

Tip. Are you still thinking about whether to sell or bequeath? Learn how to do it here: Bequeath correctly. Also for your children and loved ones: Inherit correctly.

Scarcity effect due to exclusivity: influence purchase price

This shortage (i.e. the targeted approach of individual investors) also has a positive effect on the selling price that can be achieved.

As long as the offer is only available to one person, it is extremely exclusive and accordingly, higher sums are accepted in order to secure this offer.

Another advantage, this ensures an accelerated buying process.

After all, the prospective buyer then knows that he or she is the only person to whom the property has been offered so far.

Conversely: If a property is on five portals and it hasn’t sold yet, why push it? So far, it doesn’t seem to be going well either.

Now imagine using that knowledge as a savvy real estate agent (buyer and seller) when you sell your property, maybe even for the very first time. So good tips are worth a lot, as is experience. Especially when it comes to negotiations.

Negotiation risk: price corrections and renegotiation

Even in the preliminary negotiations, people like to play the supply / demand card. In the real situation, sellers quickly become uncertain. Some buyers negotiate until the last second.

It’s the same with real estate agents when they know that three other agents have the property. Suddenly you can make a lot on the price with skillful negotiations, I could call somewhere else.

In short, the more exclusive the sale of a property, the smaller the asking price, the faster and more profitable land, exclusive and large properties are sold.

Real estate portals clearly offer the wrong target group here. Private buyers have no interest in such costly and also elaborate projects. But for project developers, regardless of whether they are private individuals, property developers or large investment funds, such offers can be very interesting. At least if you have the right network.

How many people in Germany do you think would buy a plot of forest land in, let’s just say, Bavaria? How many people would buy a stake in a mine that extracts metals, for example? That’s exactly what you need very exclusive and financially strong investors for. Water source, ore mine, forest property, it becomes even more interesting with real estate and investment objects, which do not correspond to the typical condominium or the terraced house. Such things are e.g. water sources, mines for copper, iron ore or forest land, as well as agricultural land.

You can already see how diverse the things are that are taught. The A&O is always a sound value.

Valuation and expert opinion – Well-founded… !!!!

How much is your property worth? Believe me, a majority of real estate agents will figure in a great total! You’ll think to yourself:

How much is my property worth?

Why do most real estate agents do this? Of course, private sellers usually get one or two comparative offers. So if agent A says your house is worth €900,000, agent B says €920,000 and agent C says €950,000, it’s clear who you’re going to choose.

The danger: overvaluation by brokers

Caution. This is a false valuation that ultimately leads to the very mistakes mentioned above: 10 portals, 10 brokers. In the end, your condo, house or apartment building is on countless portals and worse, maybe even with countless brokers.

Why? Because the first broker has not achieved a sale, due to the overvaluation.

Another essential source of danger:

Credit check of interests: Proof of capital

Credit checks are extremely important for real estate sellers. After all, you don’t want to be negotiating with one, two or even three people who can’t even afford your property or their land! The higher the value of a property, the more thorough this check and valuation of the property needs to be.

Such properties (20, 30 or more units) are of course no longer bought by private individuals, but usually by companies, institutions or said investment funds. Accordingly, the complexity of checking creditworthiness also increases. It becomes even more complex with foreign investors.

If you work with off market, because here, as with us, a large part of the buyers are already known from the history. Accordingly, capital evidence can be provided quickly, communication is good and accordingly, information, documents and evidence are also available quickly.

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.

Purchase land: Basics for buyers

In addition, there are plots of land that will certainly not be allowed to be built on even in a few months or years. They must be used for agricultural purposes or they are garden land. You can usually recognize building plots by the fact that they have a higher price than plots that are intended for agricultural use or as garden land.

Preliminary building permit until water, sewage and electricity connection

Usually there is already a positive preliminary building permit and a corresponding infrastructure in the form of connections for water, sewage and electricity. If you would like to receive first-hand information, ask the city or municipality responsible for the property whether it is building land and have this confirmed in writing. Then you are on the safe side if you have bought the land and have submitted a building application for the building you want to build on the land.

Garden land

If you buy a garden with a larger pergola, this does not mean that you may exchange the pergola on that property for a house. Even if it is a solid summer house with a electricity connection, a connection for water and sewage and a possibility of heating in the cold season, this does not mean that you can exchange this house for a home.

Economic use is defined

The economic use of land is specified very precisely by the responsible cities and municipalities. In the past, there have been repeated disappointments about planned construction projects that were initially denied by the city or municipality and later even by a court. For this reason, it is very important to obtain extensive information about the property you intend to buy.

Before buying, find out whether you are allowed to carry out the planned construction project on the shortlisted property. This applies not only to the construction of single-family homes, but also to apartment buildings, which may only be built on plots of land that are designated accordingly.

Purchase land: Private sellers

They can buy a plot from a private vendor. You make the purchase directly with the seller or you decide to use the services of an estate agent. The advantage is that you get professional advice. On your behalf, the real estate agent can find out for which building projects the property you have shortlisted is intended for. He or she can ask the city or municipality which building projects on the property are approved and which are not.

Regulations of the city / municipality must be taken into account

If you purchase a plot of land from a private vendor, you can in most cases realize your building project according to your individual ideas. All you have to do is follow the regulations that have been established for building projects in the city or municipality where the property is located. Within the framework of these regulations, you can decide for yourself how big the house should be, whether you want a cellar and whether you want to build a prefabricated house or a solid house. It is also possible to design the house according to very individual specifications together with an architect, if the land is already in your possession before the planning of the construction project begins.

Purchase land: property developer

Developers acquire larger plots of land or several connected plots of land in order to realize a construction project there. In addition, individual plots of land in very attractive locations are also purchased from a developer. You yourself can often only purchase the land from the developer if you decide to build a house at the same time. The choice is less than if you bought the land from a private seller.

Many property developers work closely with the manufacturers of prefabricated houses and solid houses and only offer their products. However, you have the possibility to select an object from the manufacturer’s program and adapt it to your individual needs. Another advantage of this solution is that you do not have to take care of the building project yourself.

If you wish, the builder will coordinate the entire construction project and hand over your house to you ready for occupancy on the agreed date. The service of the developer includes all permits. Also the construction of a garage or a carport and the creation of the garden can be taken over by the developer.

Further regulations for the building project

In many cities and communities there are regulations that houses may only have a certain size or height. Sometimes the overall picture of the surrounding buildings must be preserved. For them, this means, for example, that they may only build a house with a single-story structure and a pointed roof.

The modern two-storey houses are not allowed in some locations because they could disturb the uniform image of the street. You should also inform yourself about the spatial distances that you must maintain to the neighboring buildings. These guidelines only apply to detached single-family homes, but not to buildings with double houses or terraced houses. In new residential areas, which are built on the outskirts of larger cities, there are often deviations from this rule. However, in the classic development of single-family homes in a residential street, you should bear in mind that the distance between your building and the neighbor must be at least three meters. This applies not only to the main building, but also to garages and carports.

The demolition of dilapidated buildings

If there is an older dilapidated building on the property that you want to demolish, this too is subject to approval. In this context, there may be regulations regarding the protection of historical monuments. You should know these before you decide to buy the property.

Construction site on large plots of land not freely selectable

In addition to the regulations that cities and municipalities issue for building development, there may also be specifications regarding the building site. This is usually only relevant for you if you have purchased a very large plot of land.

Perhaps you do not want to build the house directly on the street, so that you can live more quietly away from the traffic noise. However, if all the other houses in the neighborhood are built directly on the street, you may be given the instruction to put your new house in the run. You will not get a permit for a staggered construction. Clarify also these questions before buying the land. Even if you call building land your property, you must comply with the applicable regulations. As a rule, cities and municipalities cannot be changed in their regulations.

If you build without having obtained a clear permit for the building site you have chosen, in the worst case you could be threatened with demolition or demolition. Don’t let that happen, but take precautions by obtaining all the necessary information before making a purchase decision.

Lukinski not only offers you a variety of plots of land in attractive locations, we will be happy to obtain all the information you need for your planned construction project.

Conclusion: Buy a plot of land, preferably with experts

The purchase of a property should be well considered. Above all, it is important to obtain the permits planned for the construction project in advance. This will protect you from unpleasant surprises, which are often closely related to ignorance of the applicable regulations.

Lukinski offers you various services related to the purchase of land in the federal states of Hesse and Rhineland-Palatinate. This includes obtaining the important information you need to start your construction project successfuly. If you would like advice, please do not hesitate to contact us by phone. We will arrange a personal meeting with you at short notice and introduce you to suitable properties in the region of your choice.