How to buy real estate in Germany

General Information Real Estate Market in Germany Germany has long attracted foreigners for their reliability, predictability, high cultural level. In pre-revolutionary Russian buyers willing to purchase property in this country. Property owners, or frequent visitors, there were princes Gagarin, Volkonsky, Menshikov, Vyazemskys, Trubetskoy, as well as the great Russian writers such as Gogol, Tolstoy, Turgenev, Dostoevsky. Each investor can find a interesting site in Germany. A variety of prices and offers real estate in this country is very high. For example, in Berlin, it is possible to find the object value of 25 000?, While real estate values ​​in elite areas and suburbs of Munich can reach tens of millions of euros. BERLIN dynamic, open-minded, creative - all of Berlin. After the unification of Europe, Berlin once again became a city in the center of events, the gateway from east to west and back. In Berlin, there are the Parliament, Government and the wording of all major media. Berlin offers the most modern infrastructure. "The most popular among our clients are apartment houses built 1910-1925 years. Properties in this category is always located near the historic center of the German capital, but there are elements of neoclassical architecture, and in some homes, wall thickness up to 1m. These apartments are spacious, elegant and totally liquid, "- said General Director of Miel DPM Natalia Zavalishin. Bavaria, MUNICH Bavaria geographically divided into four major regions: the northern part of Alpine, the Alpine foothills region west of Bavaria with low mountains and hilly region of Swabia, Franconia. Bavarians consider it their duty to turn his land into a place where everyone, including tourists, will feel as comfortable as possible. In most buildings here, there are elements of the Baroque style, whether historical or modern buildings - hotels, pubs, parks and even the subway station. Bavaria as a whole, as well as its capital - Munich, are the "elite" among the Germanic lands. The same applies to real property. "As the number of clients who turn to us for the purchase of real estate in Germany, Munich, confidently holds the first place," - said General Director of Miel DPM Natalia Zavalishin. She also explained that there are several reasons: As the most economically developed federal states of Germany, Bavaria has the highest living standards in the country in Munich - a city where the headquarters of such giants of the world economy as BMW, Siemens, Allianz, Muenchner Ruck and many Other suburbs of Munich - this is the place where a living and all the political, economic and cultural elite of Germany, which accounts for the highest quality products and services in the city. The lowest unemployment rate, the highest wage rates in Germany every year to increase the number of applicants to live and work in Munich and as a consequence, the probability of idle facilities investment is practically impossible BADEN-BADEN I love you, Baden shade, When will spring a bit, and the mother heart and dreams of laziness, even in your silence sleeps in his little poem, "Baden-Baden" PA Vyazemsky so amazingly accurate, with a deep love and awe describing the delights of the spa in Baden-Baden, which add something really, really hard. A luxurious resort on the mineral waters, known as the "summer capital of Europe", is one of the oldest in Germany, and so has become one of the favorite places of the European aristocracy. Baden-Baden is famous for its hot springs. The ancient Romans observed their healing properties. So far, in Baden-Baden, the ruins of Roman baths. "Buying property in Baden-Baden, the customer receives a guarantee of high and stable return on investment," - said Natalia Zavalishin. Renting of real estate in Baden-Baden - all year round. In addition, the famous thermal waters and the high level of medical care are a good investment "in yourself." Always nice to be able to come to the charming resort town, which has worldwide fame to rest and heal. The process of buying real estate in Germany Any individual, regardless of nationality, has the right to buy land, residential and / or commercial property throughout Germany, with no exceptions. At the initial stage of the legal registration of the purchase of real estate in Germany between the seller and the buyer is a tentative agreement. In signing this document, the buyer pays a deposit, which is about 7-10% of the value of the acquired property and that will be placed in a special bank account of a notary and will continue until the time of application or cancellation of the outstanding amount of the purchase. The agreement describes the terms of the sale, the price of the object, possible credits and so on. After signing his property will be assigned to the buyer. The same agreement is very useful to discuss the conditions of return of collateral by the seller if the buyer changes his intention of buying. Since the signing of the document object is removed from sale and is assigned to the buyer until payment of the principal amount. The deposit may be refunded if the buyer refuses to buy real estate in the statutory period - 7 days, or by agreement with the seller. After this period, the contract may be canceled if not explicitly one of the conditions of the contract or the buyer refuses to purchase without reason, as reflected in the contract. Following the signing of that document should be a period of 30-90 days, in agreement with the seller, during which the study should be performed to identify real estate transactions and legal purity of various defects in new and removing them. At the same time period the buyer has to decide on full funding of the transaction. This test and other measures of the current agreement holds agent and notary public. An important point: if a notary in Germany did not act in the interests of any of the parties to the transaction, and is an official representing the interests of the state, the attorney hired by the buyer is solely his interests, in which both acts. With more than 500 000 transactions? the presence of counsel on the transaction is desirable, and in the interests of the buyer. Services lawyer is not so expensive, and greater confidence and peace of mind of its own worth it to spend. The next stage of legal registration of buying property in Germany is the seller and the buyer signing the final contract before a notary public. Property is transferred to a new owner, who must by this time to pay the remainder of the cost of real estate notary public, who pays it to the seller or the seller directly. After signing the final contract between the seller and the buyer certifies notary deed of sale, and the property is transferred to the new owner. At this stage it is recommended to solve the notary on the possible inheritance of property purchased in order to avoid difficulties in the future. The notary will tell you what documents you have to prepare for this, and will consider this issue at the final stage of the transaction. After payment of all taxes and registration fees (usually in conjunction with signing the final contract) the purchaser enters into the rights of the owner of real estate. Taxes and spending when the content of tax on the purchase of real estate is 4.5% of the amount fixed in the notarized contract of sale, 4% on average costs for notarial and legal form, brokerage usually cost in the 7.14% of the purchase price. Subsequent maintenance of the property depends on the type of object, its square, area of ​​the site and locality. Annual property tax combined with a land tax, and varies from 0.5 to 1.5%, depending on where in the federal land is an object, whether it is rural area or town, the quality (site class) of land. On average, prices are in the range 50 - 100? per 1 sq.m. of land on which the object resides. The so-called domestic "tax on rainwater runoff into the sewer" is calculated from the area of ​​the roof and that part of the plot, which is covered with a hard surface (asphalt, tile, paving brick), he is 35 - 45? per 1 sq.m. per year. The cost of annual insurance for the property depends on the species most insurance and will cost from 200 to 500? a year. The main types of public utilities and services for maintaining the property (with the operation of the facility): - Electricity 17.68 cents per kilowatt - gas heating 4.62 cents per kilowatt - drinking water 2.73? , Drain 1.75? per cubic meter. - Garbage collection, cleaning and other services ot1, 50 to 2? for m ² If you rent a property for rent, all expenses for its maintenance and utilities paid by tenants. Company Profile: Distant Property Management - one of the activities of the holding "Miel". Underlying this trend is investment advice on the acquisition and effective use of real estate abroad and in Russia's regions. The idea of ​​creating a project DPM arose in August 2007. Within six months was conducted to develop a set of services included in the DPM. During this time, studies were carried out real-estate markets of foreign countries and regions of Russia, established relations with foreign partners and develop a portfolio of services to DPM. In February 2008 the project became a separate area of ​​DPM holding "Miel". So, has expanded the range of the Holding of intellectual services. Currently, DPM includes the following set: investment advice, brokerage, management of facilities.