Beautiful bright garden apartment

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.

This depends on the income situation as well as on the amount of equity capital invested in order to enable an extensive debt relief until retirement age.

Most property developers largely exclude the purchaser's own contribution, as delimitation problems arise with regard to warranty and defect removal claims.

There are three standardised methods for determining the value of real estate in Germany: the comparative value method, the capitalised earnings value method and the asset value method. The aim of the valuation is to determine the market value of the property.

Before buying a property, the building fabric and building services should be examined in detail. In the case of houses, the building must be thoroughly examined from the outside. Are the facade, windows and doors in order? Is there a need for repair? The gutters, downpipes and exterior lighting should also be considered.