Spacious 2-family house in best location

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 declaration of division is regulated in § 8 of the Condominium Act (WEG). The declaration of division can be described as the "statutes" or "basic law" of a divided property, as all the essential rights and obligations of the co-owners are established here.

This depends on the income situation as well as the use. In other words, whether the property is acquired for own use or as an investment.

The exact amount of equity to be contributed depends on the financial and income situation of the potential buyer as well as the location and risk profile of the property.

This depends, among other things, on the value of the property in conjunction with the tax allowances. Consultation with a tax advisor or accountant with corresponding costs is advisable.