Attractive building plot in idyllic location on Lake Starnberg

The risk profile of the property should be comprehensively assessed as part of a "due diligence", i.e. a simple consideration of the gross yield (annual rent : sales price x 100) is certainly not sufficient. This involves a large number of assessment steps, which are only presented as examples in the context of this blog.

If only the price per m² of living space is taken into account, new buildings can be up to 50 % more expensive than existing properties.

The buyer can often incorporate his or her own ideas regarding the interior and room design.

Land and rights equivalent to land (e.g. heritable building rights) are a delimited part of the earth's surface (§ 905 BGB) and are registered in the land register.

When purchasing a newly built property, a building description is attached to the certified purchase contract as an essential part.