Your Guide to Property Valuation in Germany
First Citiz Blog
by First Citiz Berlin
2y ago
Do you plan to buy or sell real estate and need a property valuation in Germany? An accurate value appraisal ensures you get a fair price for the property you want to buy or sell. It is important that you understand how property valuation in Germany works to get the best deal. If you plan on buying a house using a German bank loan, the bank will perform their own property valuation and write the value in the mortgage offer. However, it is important that they appraise the property independently. With a positive value check, you can get the mortgage offer and validate it before signing the purch ..read more
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Milestones to successfully sell a property in Germany
First Citiz Blog
by First Citiz Berlin
2y ago
Looking to sell a property in Germany? In general, selling an apartment or a house requires a good preparation and good understanding of the sale process in the country and area where the apartment is located. In Germany, the legal framework and sale tax implication are quite sophisticated and differ by city region. In this view, it’s better to assessed in advance all factors and implications, in order to avoid complications later during the property selling process in Germany. After the preparation, one should go through the transaction steps and/or rely on a qualified real estate agent to fu ..read more
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How to choose the right realtor in Berlin?
First Citiz Blog
by First Citiz Berlin
2y ago
Whether you’re looking for to buy or to sell a property, you’ll want to hire a realtor in Berlin to ensure you can get the right expertise on the market. The professionalism of your real estate broker in Berlin will determine how easily you find a property that meets your needs and is specific to what you’re looking for in your new home in Germany. Alternatively, if you are selling a property it will guarantee to you reaching the best selling price, having a smooth property sale process and selling your German property within a short sale timeline. When you’re looking for the right realtor in ..read more
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What You Should Know before You Buy a House in Berlin?
First Citiz Blog
by First Citiz Berlin
2y ago
You are looking to buy a house in Berlin? The capital of Germany represents currently one of the best cities in the world for buying a  property. It goes without saying that the incredible city popularity and its economic boom made the real estate market in the region quite dynamic and attractive. Most international and local home seekers are always looking for the best deals to buy a house in Berlin considering the property prices are favorable compared to Frankfurt, Munich and Hamburg. In Berlin, the residents of the region usually have access to international ad urban environments. The ..read more
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Your guide to buy a property in Germany
First Citiz Blog
by First Citiz Berlin
2y ago
You are looking to buy a property in Germany? Check out this purchase guideline that will addressing the main considerations and making the right choice when buying your new home in Germany! Table Of Contents Why to buy a property in Germany? Budget for buying a property in Germany Getting a German property mortgage Which purchase price for your property in Germany? Main considerations when buying a property in Germany Find the right property in Germany Check the surrounding environment of  the property Assessing taxes to pay when buying an apartment in Germany? Having a survey of ..read more
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Your guide to invest in Buy-to-let in Berlin
First Citiz Blog
by First Citiz Berlin
2y ago
A buy-to-let in Berlin is considered as top property investment option in Germany and all Europe. In fact, the capital of Germany is today one of the best places in Europe to look for property investment, well ahead of other German and European large cities such as Munich, Frankfurt Paris and London. Indeed, Berlin property market is quite diverse and remains affordable despite the property prices have soared last years. The more time passes, the more attractive real estate investment in Berlin becomes. This is riven by the demographic growth and the economic dynamism in the capital of Germany ..read more
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How to find the right luxury property in Berlin?
First Citiz Blog
by First Citiz Berlin
2y ago
Luxury real estate in Germany is booming and is undoubtedly profitable investment in the long term. Every year, the sale price of high-end properties in the Germany’s main cities shows constant growth and above all the demand remains much higher than the supply. Like every market, the residential property market has several segments that meet specific housing or investment demand and satisfy all types of potential buyers. Berlin luxury property market segment is no exception to that. It is flourishing as it is backed by a strong local and international demand for luxury properties in the Germa ..read more
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Tips to Buy an Apartment Building in Berlin
First Citiz Blog
by First Citiz Berlin
2y ago
If you are interested to buy an apartment building in Berlin, you need to go through a property knowledge process in order to choose the right property. While some might argue that Berlin is experiencing a housing bubble that is going to break at some moment, there is no need to believe this because Germany’s capital city still has a huge investment potential: meager vacancy rates (close to 1%), a growing young population (+50000 people per year), a strong economic development (as Germany main Start-up Hub), and low interest rates that are still fueling the upward trend of the market and the d ..read more
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Tips to sell a property in Germany’s capital during challenging COVID times
First Citiz Blog
by First Citiz Berlin
2y ago
The COVID-19 has a detrimental impact on all aspects of social and economic life, including the real estate business, especially when it comes to sell a property in Berlin during this period. It is no big surprise that currently selling a property can be very challenging due to numerous repercussions of COVID-19. The general uncertainty about the future imperils the selling process, naturally narrowing down the number of potential buyers that can purchase the property. That is why it is so important to make the utmost to maximize your chances to sell your property on good conditions and in a s ..read more
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A summer in Berlin…
First Citiz Blog
by First Citiz Berlin
2y ago
If the winter is relatively calm, Berlin summer is so intense that its inhabitants express an extraordinary energy and creativity to enjoy every second. The numerous festivals held each year in the German capital are the reflection of this effervescence, and are addressed to all, families or revelers. The festivities open with the traditional MyFest, a series of events in the streets of Kreuzberg and Neukölln, the most alternative areas in Berlin, every May 1st. Not only a political event, it is also a festive and family gathering, with street barbecues and street concerts. The famous Carnival ..read more
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