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+49 (0) 30 89 54 21 55
or you can use our
Boomtown Berlin
Germany has traditionally been a highly attractive country for foreign investors, not just because of its technological prowess, but also because of its central geographical location, its highly developed infrastructure, its stable legal system, and its well-qualified labor force.
Berlin, the capital of Germany, is a dynamic, cosmopolitan and creative city, allowing for every kind of lifestyle – and mostly undervalued. East meets West in this metropolis at the heart of a changing Europe. Germany's largest city is a city of opportunities just waiting to be seized in areas such as entertainment, recreation, economy, science and academic life.
Our service to you does not stop at settlement though. We encourage you to contact us anytime you have any queries. In addition to communicating with the lender of your choice on your behalf, we will also be able to assist by liaising with your solicitor or notary and any other party that maybe play a role in your mortgage application. Full customer satisfaction pre- and after-sale is the goal we aim for. Further to this, we will ensure that you are fully aware of everything relating to your application.
Most German estate agents offer a property for sale and leave the rest of the extensive networking and liaison to the customer. For this, most German estate agents charge up to 7.14% including 19% German VAT. After that, you are left on your own. Our commission (2,38% including German VAT) is one of the lowest on the market and included is all the work pre and after sale.
Real estate purchase is processed through the renowned German legal system. Acting as a trustee to both sides, a publicly certified notary will be necessary for the purchase process. On investors behalf, a trustee account will be opened to transfer investors equity and / or receive mortgage out payment. Unless all conditions regarding the purchase contract are fulfilled and 100% of the purchase price has been deposited into the trustee account, the notary will not pay in favor neither to the vendor or to the estate agent. This is a very safe way of purchasing a property in a country that is foreign to the investor.
We always recommend the renowned notary office Dr. Lehmann-Brauns (vice-president of the Berlin parliament) in Berlin.
All documents will be translated, if so required. Our complete staff is English speaking and partially even native. Should in any case you receive documents from German notaries, banks, tax-authorities, land registry, just pointing out only the more important parties of a purchase process, you are welcomed to make use of our 48 hours fax-hotline. Within the given time, you will receive a brief summary on English to make you aware of possible deadlines or vital information. Again, this is part of our package and is included pre-and after sale during the ownership of your Berlin property, for which we received the commission paid through you.
Every Property has a property management that will take care of the communal area and behaves. Therefore you have to pay a management fee which is included in the house corresponding costs we call “Wohngeld”. Further on there is a tenancy management as well, almost identically with the property management that will take care of your tenant and which will transfer you the net net rental income after deducting your part of the house corresponding costs.
After the purchase act and the date of handing over is given, the property management which is pointed out in the purchase deed will inform you about your rights and forward you the property management contract and power of attorney to act on your behave. All these documents will be in German. You are welcome to make use of our 48 hours fax-hotline. Within the given time, you will receive a brief summary on English to make you aware of possible deadlines or vital information.
On the request of our clients we will install in 2009 the Berlin Projekt Property Management by Conzept Hausverwaltung GbR for the tenancy management of our clients.
tenancy.management@berlin-projekt.com
