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Category Archives: Allgemein
Real estate owners, General, Real Estate News
The property tax reform – Important facts for property owners
27
Jan
Jan
The Bundestag passed the reform of the property tax by a large majority on October 18, 2019. The reason was a ruling by the Federal Constitutional Court in April 2018, which declared the previously applicable regulation unconstitutional due to „serious unequal treatment“ of property owners.
27
Jan
Jan
A new and modern residential and commercial quarter with a total of 200 apartments, called Paseo Carré, is being built in Munich-Pasing. The City of Munich has already granted the building permit for this. A sustainable, urban overall concept consisting of six buildings and so-called sharing areas is planned in the Am Westbad district. In addition, new office spaces will also be created.
27
Jan
Jan
The federal government has decided to tighten the rent control cap until 2025, even though the supply of real estate is very scarce. It is to be feared that this decision will lead to a further shortage of housing supply.
27
Jan
Jan
As „one of the largest construction projects of recent years,“ the Süddeutsche Zeitung already described the Bavaria Towers in Bogenhausen back in 2017. Three office towers and a hotel tower are being built on a total area of 23,000 m². The area belongs to the Von der Heyden Group and an institutional investor. The developer of the project is Bayern-Projekt GmbH. For Sven Renz, the sole managing partner of Bayern Projekt, the Bavaria Towers are, not least, a contribution to further enhancing the eastern part of Munich.
27
Jan
Jan
The DIW advises changing subsidies in order to channel the money specifically into those areas where displacement processes are currently occurring. This refers in particular to high-demand regions in larger cities. Here, given a real decline in growth momentum in new housing construction and a geographically unfocused construction activity, no quick solution to the housing problem is to be expected.
27
Jan
Jan
The adjustment of the interest rate takes place twice a year, specifically on January 1st and July 1st. For six years, the base rate has shown a negative value. At the beginning of 2019, the base interest rate continues to be minus 0.88 percent. This corresponds to the base interest rate from 2018; no change was made.
27
Jan
Jan
Since early 2019, a tenancy law amendment has been in effect, resulting in significantly altered conditions for landlords. For example, they affect the possibilities of passing on modernization costs to the rent. They define new information obligations of the landlord towards prospective new tenants and they establish measures against so-called modernization forcing, where modernization work serves only as a pretext. This article presents the various changes resulting from the current tenancy law amendment.
Real estate knowledge, General, Real Estate News
What obligations do tenants and landlords have regarding ice and snow
27
Jan
Jan
When it snows, it often means work for homeowners: As part of their duty to maintain safe conditions, they must ensure that the sidewalk in front of their property is free of snow and ice and thus safe to walk on. However, owners of apartment buildings can transfer this duty to their tenants or hire service providers. This article reveals the rules that apply to owners and tenants regarding the duty to maintain safe conditions in ice and snow.
Real estate knowledge, General, Real Estate News
Baukindergeld: almost 50,000 applications – primarily in rural areas
27
Jan
Jan
Families with children can apply for the funding after moving into a newly built or purchased house. The application must be submitted within 3 months of moving in. If the household income is below a maximum amount and the application is approved, the families receive 1,200 euros annually per child for ten years. Almost 50,000 families have applied for the Baukindergeld construction grant.
