Sunny apartment with beautiful south roof terrace

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.

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.

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.

The amount of repayment determines the total term of the financing.