Studio apartment with gallery and tower in beautiful old building

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.

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

The responsible expert committee evaluates all property sales and uses them to determine location-specific "standard land values", which are generally published every two years. These averaged prices apply to average plots of land in a defined area with a specific development potential at a given point in time.

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

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.