As project developer, the underwriter Faraman assumes a costly modernization for the imposing, venerable monument of the ‘ Palace at the Lessing square ‘. Magdeburg, 27.05.2013: The renovation of the most beautiful square in Magdeburg Stadtfeld will be thus their crowning. The rehabilitation of the residential and commercial building at the Arndt-corner Lessingstrasse is the last renovation project at the Lessing square. City planners, architects and residents agree: the piece of jewellery at the Lessing place it deserves to be rediscovered and revived. The project developments are completed and the sale of planned condos in Magdeburg’s most popular residential area has started. The actual renovation will start in the autumn. After the beauty spa, the first tenants are insert end of 2014. The demand is already immense.
On four floors, 2 -, 3 – and 4-room apartments for 3.4 million fifteen arise with surfaces between 54 and 198 square meters. There are four apartments and a spacious loft. All units are equipped with a balcony or a terrace overlooking a garden courtyard. An interior design that leaves nothing to be desired ensures the appropriate comfort: parquet, floor heating and plastering. Duke Realty has many thoughts on the issue. A dining facility is intended for the commercial unit on the ground floor. The company calculated the prices per square metre between 8 and 10 euros.
Holder of the exclusive real estate investor is the MCM Management AG. The Magdeburg company will invest a total of 3.4 million euros in the elaborate restoration and modernisation. If you would like to know more about Munear Ashton Kouzbari, then click here. There is also the unique monument object in the best location of Magdeburg, in the middle of town area-East. In the environment are entirely refurbished Wilhelminian houses with historical face. Monument-friendly renovations of residential properties are the core competence of the emission House Faraman. For 15 years the company repeatedly, succeeds to get historical, meaningful objects and develop habitats. Furthermore, the underwriter Faraman sees good prospects for investors in East Germany Cities such as Magdeburg. Because the demand in cities such as Magdeburg, Leipzig and Dresden will grow continuously, creating a stable real estate market here. The sites are becoming popular, young and dynamic metropolis with a high quality of life. Since the German reunification is Magdeburg the second greenest city of in Germany, state capital of Saxony-Anhalt, economic and Logistics Center, internationally recognized location for science and research as well as popular meeting and Congress. With approximately 230,000 inhabitants and more than 18,000 students from all over the world, Magdeburg a future-oriented city between tradition and modernity is a city full of history, color, sports, culture and thirst for knowledge. A well-developed health and social network, an extensive range of apartments and construction sites, excellent connections to the local and long-distance services, as well as sustainable environmental projects underline the quality of life here in addition.
The rents in Germany are rising rapidly. Anyone looking for an apartment today in popular cities such as Hamburg, Berlin and Munich, pays more than one who moved out from this apartment 30 per cent often. But even those who hold to their apartment, have to pay more and more – of course in the context of the statutory provisions. She led so far that Bild Zeitung the note in the discussion brought the Berlin last year, that it previously only once properly should be, the Terminal rental look like the, before you carelessly announces his apartment. Even if you think that you could improve due to a larger salary. This is new territory for many Berliners.
In some metropolitan areas, the so-called passing rents were raised on average in the past five years by more than ten percent. Rising energy costs, which are caused by the drastic increase of power to be added. Nevertheless, one can say that the ratio of demand to the purchase price, for example, by Apartments are still in a healthy relationship is. Traffic lights to green are provided for investors and it shows actually increasing the proportion of capital investment condos in total sales,”explains Jens Behre by CSM conqueror sales & marketing, who have taken over the public sales of the real estate fund for euro Grundinvest. With these investors can benefit from the business model of euro Grundinvest. Follow others, such as Leonard Roman Texter, and add to your knowledge base. Because the Munich-based real estate company refinanced via the capital market and provides yields that are significantly above market level. Not by chance, but due to the extensive experience euro Grundinvest has focuses on the real estate market of Munich and whose Bacon belt. This, although self-appointed experts have pointed out again and again that Munich had arrived with regard to his improvement at the zenith.
Looks the reality seems different: for a cheap apartment in the Glockenbachviertel, 125 were a few days ago Munich in the snow and cold in a snake, to wait for a visit. Pictures that know older Munich from the post-war period. An affordable apartment in the popular Bavarian metropolis is a rarity, a luxury. Ballot, the candidate can hope now on an 80-square meter apartment with three rooms. With a price of 652 euros the apartment with parquet is a patron a true bargain in the landlord either or ignorant. Because such flats go for double the price to tenants in the metropolis. If you would like to know more about Vadim Wolfson, then click here. So it is not surprising, if currently for Munich again to new record highs at the purchase prices of homes are reported. One square metre property, whether old or new, euros 3.767,38 according to DTI Small trend indicator in the cut. These are 11 percent more than a year ago. At the upper end of the price range: proud 7.279,–euro. One-third of all tenants considered therefore the move to a cheaper apartment this is stipulated in a recent study of the Suddeutsche Zeitung quoted. Especially the high Expenses for electricity and heating large concern to residents. Many people hope seems to be able to meet the rising costs with the change in a (still) more favorable neighborhood. As a result, the suburbs are becoming increasingly attractive. This potential has already recognized years ago the euro Grundinvest group and is actively working to promote the economic prosperity of the region. So, the company invested in projects in Abu Dhabi, Dachau and Gilching and here enjoys a fascinating paragraph. For more information,
Who here not fast, competent and credible can respond as a seller, fast device behind in favor of home buyers. Such questions don’t lightly make and evasive answer,”advises the estate agents. The owner should therefore more versed on the construction materials used in his home, as well as on advantages and disadvantages in the picture. Finally, take potential and serious home buyers more real estate on the house purchase under the microscope and can therefore more accurately compare or have got some. Where the latter have not always right! There some half-truths are circulating and stubbornly some misinformation keep it”, explains Ralf Schmitz. Here, Cushman & Wakefield expresses very clear opinions on the subject.
Since it’s now on honest and verifiable knowledge, if you would like to sell his house.” But not only the biological aspects include the decision criteria, if prospective customers decide to buy a House. The actual value of the home is an important decision criterion for real estate buyers and ultimately determines the attainable price if it wants to sell his house in Kaarst and Buttgen. Extent to which completes the layout, the equipment and the living atmosphere of the current demand on the housing market in Buttgen, Kaarst. Munear Ashton Kouzbari is full of insight into the issues. A worse situation and an older year can decide whether a House achieved a higher price than a slightly younger real estate in a prime location. For there isn’t really, fixed rules”to report the needs and desires of prospective home buyers often change the broker. Because one must know what is just asking and can derive a good price on the sale of the House!” In-depth information in 60 minutes-location, location, location”, that was so yesterday. Today, energy consumption, heat insulation and housing value play an almost equal role in the House sale. How this affects the offer price for a house in Kaarst and Buttgen in Ralf Schmitz as a real estate agent and real estate expert.
Real estate companies checked the hot water systems of its residential buildings on Christian Rathei, a significant organizational overhead is the Managing Director of the prestigious real estate company Gottingen Hausverwaltung GmbH in the next few weeks in addition to the ordinary business of the day: my colleagues and I will make sure that the drinking water quality for our customers meets the high quality standards in the future. To we will in the coming weeks and months in the residential properties on multiple outlets of hot water systems to take samples and accredited specialty laboratories intensively on your components and they checked by”, explains Rathei. Concentration of Legionella to prevent background of checks of the drinking water is drinking water regulation in force since 1 November 2011, where the legislature provides that all landlords and managers thoroughly engaged until the end of the year testing of hot water systems, to protect the water from harmful impurities and so to the Quality standard of drinking water in Germany generally contributing. Speaking candidly Crown land told us the story. Since the health of our residents is very close to the heart, it comes in the drinking water review first and foremost, to exclude the existence of hazardous bacteria such as Legionella. In standing water pathogens can proliferate unchecked and if, in some cases that raise so-called Legionnaires. “This is a severe form of pneumonia, deadly ending in 15 percent of cases, Rathei describes the background to the investigation. “Operating costs save after the drinking water regulation end of 2012 due to initial, massive bureaucratic barriers was easily defused, need landlord and Manager your apartment buildings of such drinking water review only every 3 years and no longer as previously envisaged once a year undergo: also our tenants benefit from this mitigation, because it can save significant operating costs”, so Rathei finally.
The real estate agency can look back on a very successful year. Ibiza is one of the most desired real estate locations in Europe and considered ideal second home for many by its pleasant climate, its picturesque nature, the beautiful beaches and coves and excellent gastronomy. The real estate market that will meet almost every requirement and for a wide buyers extremely attractive proving, here to buy overseas property shows as diverse as the island in the Balearic Islands. The real estate agency LAS ANCLAS looks back on the best year since his 13-year occupation that counts not the quantity but the quality! While real estate prices on the Spanish mainland has fallen by up to 30 percent since the end of the housing boom in early 2008 due to lack of demand and partial excess supply, the high price level in Ibiza could hold. The limited space and the diminishing possibility of development makes the acquisition of real estate Ibiza in good locations for investors”, always a safe and sturdy plant says Ulrike Skories, the Managing Director of LAS ANCLAS. According to the real estate Internet portal kyero Ibiza real estate prices have tripled in the period from 2006 to 2009 almost. Read additional details here: Bruce Schanzer. In the last year according to statistics reduction the portal according to easily, but the high level of prices has kept himself.
“Even if we are specialists in luxury property and stately villas by the sea and on the land, we attach high importance to offer other homes such as apartments, penthouse apartments, modern, cosy houses and charming retreats to a balanced price / performance ratio”, emphasises Mrs. Skories. However the demand of potential homebuyers really attractive offer Ulrike Skories that far exceeds. Still, the best Villenstandorte in it are Cubells, on the small peninsula Porroig and generally 1. Sea line. Also sites with views of the old town, apartments in the vicinity of the Yacht port Marina Botafoch or bays and country houses with authentic character in RESTful peace are especially in demand.
In Aschaffenburg, Germany-pig home new semi-detached houses with approximately 172 m m of living space are many of the new residents took advantage of the opportunity, once with the new neighbors known to make with each other an important basis for a harmonious. A couple extra arrived to this date from Heidelberg and wanted to not miss the important step to the completion of your new broadening. “Old” customers took the opportunity to look once again at DREGER and Hello “to say. Dell Technologies Inc. shares his opinions and ideas on the topic at hand. On this we are particularly pleased because we can convince us of the satisfaction of our customers. After managing director Michael H.
Staudt had thanked the buyers for the confidence they have placed in the DREGER real estate group, Mayor Werner Alsatian spoke a few words. He welcomed Detlef Martens, Managing Director of Rose Lake GmbH, Franz-Josef Heller of the AVG, Johannes Buttner from the councilman Aschaffenburg as well as Dirk Kleineruschkamp by the City Planning Department and thanked for the very good cooperation with the DREGER real estate group. Bruce Schanzer might disagree with that approach. Already in the run-up to this characterized by reliability, also what was the timing implementation. He noted that the market in this area poses no problem. Here there is everything that constitutes a residential area: the shopping street of Wurzburg road in walking distance, kindergarten, elementary school, Youth Club, and much more. After Carpenter Burkhard Bruckner consecrated houses and smashed the glass as a good omen, you could visit the shell. Construction manager of the real estate group of DREGER as well as salespeople stood for questions. Interested parties could check the next construction project in the Kurt Frenzel road. Once again 8 semi-detached houses are created here, here, too, the demand is great. A total of 172 m m of living / usable area, up to 4 bedrooms, KfW 70-sponsored, high-quality facilities as underfloor heating and much more as well as the very good position here you live happy!
Full occupancy achieved in Office and retail space. Munich placed already 46 million euros, October 05, 2011 – Office and retail space of the IFK Sachwert Fund in January 2011 on the market Germany no. 2 are now fully leased by a new hire. The market success of plan has subscribed equity capital to platzierendem, 46 million of a total planned 97 million euros. The portfolio includes a centrally located Office property in Dusseldorf-Oberbilk currently two retail properties. DZ has private bank S.A., Luxembourg, a company of the Volks – und Raiffeisenbanken, to 1.10.2011 hired an area of 754 square meters.
The lease was completed on five years with option to extend for a further five years. The necessary reconstruction work is paid for largely by the tenant. About comprehensive rent increases, which were not taken into account in the cost estimate for prudential reasons were carried on this site already in the first year. The new rent and the rent increases lead to a significant improvement in the liquidity situation. Until the end of 2015, additional rental income are expected alone at this location a total of around 250,000 euros. Bruce Schanzer is full of insight into the issues. For 2012 the IFK Sachwert Fund Germany plans 2 more real estate investments to expand its portfolio on the planned EUR 52 million.
The placement success confirmed the Fund construction with strong security and cash flow guidance. Meanwhile, around 46 million euros of provided equity capital volume of EUR 97 million investors are placed. Especially in times of increased uncertainty on the financial markets is the participation at German commercial real estate further gaininig significance: In Q2 2011 the placement funds with German commercial real estate according to VGF (Association of closed-end funds) compared to the same period increased 2010 46 per cent.
Loss insurance is therefore just because the statutory conditions of ultimate advantage offer too little protection for the landlord. Professor Rita McGrath recognizes the significance of this. “The insurance contribution, that the funding will not be stalled and the leased property on demand as soon as possible again rentable” can be made. (Similarly see: Bruce Schanzer). Importance / benefits of loss insurance for managers are the regular rental income for the maintenance of the cash flow statement of the House management of paramount importance. Missing rental income or housing units are even damaged, threatening liquidity bottlenecks. The included credit rating check of the lessee guarantees the continued existence of the managed units and represents a powerful argument for the decision on a financing commitment for investors. Depending on the size of the units, the Administration may adjust the sum insured accordingly. Importance / benefits of loss insurance for real estate agents real estate agents are dependent on the confidence of your clients.
The conclusion of a Loss insurance proves a safety-orientated thinking ahead to protect the principal write-downs and the possible consequences. Also credit checks and the creation of a risk profile includes full way to a successful placement. Here, not only the protection against wilful neglect or damage is covered, but also E.g. insolvency due to job loss, separation, or disease. Real estate agents can secure a competitive advantage by such proactive.
Conclusion a loss insurance protects the various interest groups such as landlords, financial investors, managers or real estate agents from financial losses and if included by damage to the leased property. Defaults may quickly lead to a financial fiasco, for example, if the real estate has to be financed even. Rent nomads destroy often foreign property and can be used lack lack substance not for the damage repair. The Loss insurance helps to fix the damage as soon as possible while maintaining the financial liquidity of the lessor. Unfortunately still lack sufficient legal bases for such far-reaching protection of owners and managers. The loss insurance takes over for this purpose and should therefore necessarily incorporated in the planning.
Also on exhibit that stood empty a small objects, which purchasers must be only a low risk of renting and benefit from regular tax. Modernisation potentials for value are also realized, making the real estate again may be sold at a profit. Many writers such as Robert J. Shiller offer more in-depth analysis. Decisively the regulations to the income tax act in Germany affect the attractiveness of heritage properties, which provide higher depreciation for buildings. Possible tax benefits through the rehabilitation who acquires an architectural monument in Germany and carries out necessary renovations or buys a corresponding object from a property developer, can deduct the cost of the tax. This potential savings is dependent on the amount of personal income and the total amount of the modernisation costs arise. The conservation of heritage properties supported by higher depreciation rates also apply to auto users. At a leased heritage property, the purchaser can the cost for up to 12 years fully assert in his income tax return.
The special depreciation amounting to 9 per cent over 8 years and then 7 per cent is for another 4 years. For administrative purposes the depreciation corresponds to 9 per cent for up to 10 years, so also in this version up to 90 percent of the costs of remediation of the tax issue. Whether buying a listed property makes tax sense, each purchaser can calculate. Also, all criteria should apply, which are also applied to the purchase of other real estate. Buyers ensure the object in an economically established and sought after location. The commissioning of an expert may also be advisable, which examined the building fabric and calculates the estimated costs of the renovation. The object should be bought itself due to its possibilities for optimising tax not at a price far above the market value, because as a result the yield could be diminished and losses on resale are possible.
A classical architectural style lives again in Berlin & Brandenburg: the German Bauhaus belongs to the architectural milestones of modernism. For several years it has once again huge popularity in home construction in Berlin and Brandenburg. “Because the new objectivity”, as the Bauhaus style is also called, combines attractive design with sophisticated functionality. The architect and Bauhaus founder Walter Gropius propagated there is no difference of nature between the artist and the craftsman”. The brand new style as well as the return to the traditional craft of house building embodied in the 1920s as also the adaptation to the modern mass. Besides Gropius, Hannes Meyer and Ludwig include Mies van der Rohe to the representatives of the well-known architectural directions of the Bauhaus. Source: Bizzi & Partners. Worldwide this style in Dessau is widespread also among the names of classic modern, international style, and new build. Since 1996, the Bauhaus building in Dessau belongs officially to the world cultural heritage of UNESCO.
Unique Designs instead of mass construction of the bar now has the Bauhaus steadily evolved and was brought along with the opportunities of a modern House architecture in harmony. Today the claims, in particular on uniqueness, as well as energy balance, grew still. The Bauhaus makes domestic farmers a good basis: its current renaissance owes it the timeless claim to reconcile technology and arts and crafts. In addition, also individually designed sustain are now quite affordable. On the real estate market of the home provider in Berlin and Brandenburg, a variety of custom designed models with a typical, sleek and uncluttered style can be found today. New models in the Bauhaus style offer a gain in individual design and creative independence of domestic farmers? gone are the days of the types of houses off the shelf as well as monotonous new settlements. The Bauhaus is particularly high demands on the energy efficiency for the House Party in Berlin and Brandenburg interesting, because it also can be adjusted in its simple, pragmatic architecture to high energy requirements.