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Airbnb verdict on the Repurposing Act

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 This is to prevent apartments from being withdrawn from the conventional rental accommodation market and to make it easier for tenants to find housing. Since the law came into force, a permit is required before an apartment can be repurposed, e.g. as a holiday home.

The act has been amended in numerous ways over the years with the intention of making it more effective. In 2018, an amendment came into force that requires providers of holiday apartments to join a […]

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Residual Useful Life Assessment: 16-Year vs 50-Year AfA

Residual Useful Life Assessment – Realistic Depreciation Instead of Flat Rates

For rented properties, depreciation for wear and tear (AfA) plays a central role in ongoing returns. Often, however, depreciation is calculated as a flat rate over a fixed period of use, without taking the actual condition of the building into account. Particularly in cities with many old buildings (e.g., Berlin), the flat 50-year depreciation can deviate significantly from reality. A residual useful life assessment makes it possible in such cases to adapt the depreciation to the actual economic useful life of the building – provided certain requirements are met. The following sections explain the basics, provide practical examples, and answer frequently asked questions.

What is a Residual Useful Life Assessment? A residual useful life assessment estimates how long a building can still be used economically from today’s perspective. It is not a market value or purchase price assessment, […]

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Flats as capital investments in Berlin – security for tenants and investors

The Berlin real estate market has been characterized by high housing demand for many years. While other forms of investment such as stocks or bonds fluctuate strongly, residential property in the capital proves to be a stable and reliable asset. An apartment can therefore be an attractive option for both tenants and investors.

Why buying makes sense for tenants – Long-term security – Predictable costs – Familiar environment – Retirement planning – Market stability From ADEN Immobilien’s perspective, it is particularly positive when tenants purchase their familiar home. […]

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OUR TEAM

with passion for service

André Ahrends

Office Berlin Wilmersdorf

Real Estate Agent

German, English +49 30 61 67 51 15 andre.ahrends@aden-immo.com

Michael Bautz

Office Berlin Friedrichshain

Real Estate Agent

German, English +49 30 61 67 51 15 michael.bautz@aden-immo.com

Lars Drewes

Büro Berlin Wilmersdorf

Head of Sales

German, English +49 30 23 633 533 lars.drewes@aden-immo.com

Ole Eggerss

Office Berlin Charlottenburg

Real Estate Agent

German, English +49 30 61 67 51 15 ole.eggerss@aden-immo.com

Emma Granier

Office Berlin Wilmersdorf

Marketing Manager

French, German, English +49 30 88 70 24 08 emma.granier@aden-immo.com

Jakob Gremerath

Office Berlin Friedrichshain

Real Estate Agent

German, English +49 30 61 67 51 15 jakob.gremerath@aden-immo.com

Dirk Höppner

Büro Berlin Wilmersdorf

Independant Real Estate Agent

German, English +49 30 61 67 51 15 dirk.hoeppner@aden-immo.com

Anastasia Ikonnikov

Office Berlin Charlottenburg

Real Estate Agent

German, English, Russian +49 30 61 67 51 15 anastasia.ikonnikov@aden-immo.com

Andres Islas

Office Berlin Wilmersdorf

Rental Manager

German, English, Spanish +49 30 887 024 07 andres.islas@aden-immo.com

Jessica Kiefer

Office Berlin Wilmersdorf

Working Student

German, English +49 30 61 67 51 15 jessica.kiefer@aden-immo.com

Julian Kirsch

Office Berlin Charlottenburg

Real Estate Agent Acquisition

German, English +49 30 61 67 51 15 julian.kirsch@aden-immo.com

Anita Klimczyk

Office Berlin Wilmersdorf

Office Manager

German, English, Polish +49 30 23 633 533 anita.klimczyk@aden-immo.com

Olivier Montero

Office Berlin Friedrichshain

Real Estate Agent Acquisition

French, German, English +49 30 61 67 51 15 olivier.montero@aden-immo.com

David Nguyen

Office Paris

Managing Director

French, English +33 1 56 33 70 70 david.nguyen@aden-immo.com

Rene Rettig

Office Berlin Wilmersdorf

Project Manager

German, English +49 30 61 67 51 15 rene.rettig@aden-immo.com

Arnaud Schott

Office Berlin Wilmersdorf

Managing Director

French, German, English +49 30 23 633 533 arnaud.schott@aden-immo.com

Cihan Selmo

Office Berlin Charlottenburg

Real Estate Agent

German, English, Turkish +49 30 61 67 51 15 cihan.selmo@aden-immo.com

Alice Thion

Office Berlin Wilmersdorf

Project Manager

French, German, English +49 30 88 70 24 08 alice.thion@aden-immo.com

David Wunnicke

Office Berlin Wilmersdorf

Independant Real Estate Agent

German, English + 49 30 61 67 51 15 david.wunnicke@aden-immo.com

Jeannette Zentel-Schertlin

Office Berlin Charlottenburg

Real Estate Agent

German, English, Spanish +49 30 61 67 51 15 jeannette.zentel-schertlin@aden-immo.com