Historic terraced house from 1893

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.

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.

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

The "hereditary lease" is prohibited by law in Germany today. Colloquially, however, the "Erbbaurecht" is often referred to as "Erbpacht". A "hereditary building right" is a right equivalent to real property which is formed in a separate "hereditary building right land register".

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.