2024

Since 2023, it has been mandatory for landlords to contribute to the CO2 costs of heating and hot water for their rented properties. This legal innovation aims to encourage owners to invest in energy-saving measures. The Carbon Dioxide Cost Allocation Act (CO2KostAufG) takes into account the fact that the characteristics of the heating systems and the...

The Federal Court of Justice (BGH) recently clarified the concept of defects when purchasing apartments in old buildings in a decision (V ZR 79/23). It stated that apartments must be dry and habitable in order to be considered free of defects. This even applies to basement apartments in old buildings near a river. In the present case, basement apartments were sold that had damp exterior walls...

Rainwater harvesting can help save drinking water as it can be used for watering gardens, flushing toilets or washing clothes. This reduces dependence on municipal water supply systems and promotes a more sustainable use of water resources. Households and municipalities that use rainwater therefore not only benefit from...

According to Bulwiengesa's five percent study, the German real estate market will become increasingly attractive to investors in 2024. Yields are expected to be higher again than in previous years, particularly in the area of existing apartments. This reflects a trend reversal. The study also emphasizes that the increase in the internal rate of return (IRR) will increase the attractiveness of residential real estate as a...

When discovering unclear moisture damage or mold growth, it is crucial not to start any hasty repairs. These can often destroy evidence that is important for clarifying responsibilities. The Association of Private Building Owners (VPB) points this out. Instead, Marc Ellinger, head of the VPB's regional office in Freiburg-Südbaden, advises calmness and careful documentation of the...

Builders or owners who want to convert their loft should find out the necessary budget and all the important steps in advance. This is because in some federal states, planning permission is required if you want to do this. This is the case, for example, if the statics of the house are affected by the addition of a balcony or the external appearance of the house.

12.4 million families in Germany live in owner-occupied property. This means that 57% of families live in their own property. Couples with children are particularly likely to live within their own four walls (62%). This is according to surveys conducted by the census on May 15, 2022. In addition to couples with and without children, families also include single parents with children. Where especially...

New housing concepts are gaining in importance as the traditional concept of the family changes and loneliness increases. Shared housing projects that offer more than just a roof over your head could be an answer to the challenges of modern living. These projects aim to create spaces in which people not only live, but also have social and supportive relationships.

Five German cities in particular are at high risk of extreme weather events - Frankfurt am Main, Leipzig, Saarbrücken, Dresden and Erfurt. These are the findings of a recent study by commercial real estate and investment management company JLL on the future development of climate risk up to 2050. The forecasts are based on detailed climate models that predict the frequency and intensity of...

In former industrial areas where housing is to be built, contaminated soil can be a costly challenge. Heavy metals and other toxins often make extensive soil remediation necessary before construction can begin. The Association of Private Builders therefore recommends that the quality of the soil should be checked in detail before purchasing a plot of land. This way...