Berlin is an attractive city, with a high quality of life. ADEN IMMOBILIEN offers many rental opportunities, from single studios to large family apartments. So how can you prepare to find an apartment in Berlin? ADEN IMMOBILIEN discusses some tips to look for flats, prepare your documents, and get in touch with the landlord.
Since 2014, the so-called Repurposing Act (Zweckentfremdungsgesetz) has been in force in Berlin. The aim of this legislation is to ensure that apartments are used for standard tenancies only. This is to prevent apartments from being withdrawn from the conventional rental accommodation market and to make it easier for tenants to find housing.
In Germany, the sale of privately owned property is generally not subject to tax. However, there are some fundamental exceptions that result in tax liabilities on the capital gains made on the sale of property belonging to private individuals. We are continually asked by our customers as to when the sale of a property or plot of land is tax-free.
Housing is a social issue. Pekka Sagner, economist for housing policy and property economics at the German Economic Institute, has analysed the difference between tenants and owners, the effects of the housing market and the different benefits and drawbacks associated with these two forms of housing.
We cannot yet predict with any certainty which of the changes wrought by the pandemic will remain once it recedes from our everyday lives. One thing that is certain, however, it that working from home has fundamentally changed
the world of work as well as the way we live.
Owing to the stricter pandemic regulations in May 2021, the number of people working from home increased further.
The German housing market has been a hot topic of discussion for several years now. People are frustrated by, and even outraged at, the high prices and rents. For policy-makers, housing has become the social issue of our time. How do other countries deal with this? Can Germany learn from its neighbours?
The coalition government has agreed a compromise on the Building Land Mobilisation Act. This draft legislation came into force on 23 June 2021. This marked the introduction of the controversial ban on converting rental accommodation into
owner-occupied apartments in regions with a strained housing market.
If you are currently renting out an apartment in Berlin, there are many things to know about tenant protection in rental agreements in Germany. For instance, who is responsible for paying the cleaning service in the building? Or perhaps the windows need to be changed,
The real estate market in Berlin is in full bloom: over the past decade, property prices have doubled and the population keeps growing. So what should you know before selling a property in Berlin? How can you improve your chances of a good transaction? How can a real estate broker (a Makler, in German) help you sell an apartment in Germany?
You own property and you are looking for a new tenant for your Berlin apartment? Or perhaps you are simply curious about the steps taken by landlords to screen and select new residents? ADEN IMMOBILIEN covers key questions and checks to be conducted before signing a rental contract.
The effects of the rent cap are keeping us occupied on a daily basis. The figures speak for themselves. The number of rental properties on the market has gone down drastically. Prospective tenants are having a harder time than ever finding accommodation. A so-called “shadow rental price” has arisen, designed to compensate for the legal uncertainty. Yet despite all its consequences, Berlin’s rent cap is not achieving its intended purpose. There has been no relaxation of the city’s property market. Quite the opposite, in fact.
In implementation of the coalition agreement, the ban on converting rental accommodation into owner-occupied properties is now being redrafted. The first draft raised many questions and was roundly criticised. Many owners of apartment buildings are now understandably worried that they are no longer free to do with their property as they see fit. Dividing their property up into owner-occupied apartments will only be possible subject to restrictions.
In the final months of the year and at the start of the pandemic in particular, the price developments in 2020 were of the utmost significance to all stakeholders. The analyses show a clear, positive development in Berlin, but also Germany as a whole. Please follow the link to read about the effect of the pandemic on property prices.