General

Interest rate policy: Is uncertainty putting the brakes on real estate purchases?

The current interest rate uncertainty is making potential real estate buyers and developers hesitate. Many are waiting before entering into financial commitments. This reflects the concern that further interest rate hikes could drive up the cost of financing. This is the result of a study by the company "Civey". Despite the reluctance due to interest rate developments,...

Renovate: Find out about funding opportunities in advance

The Kreditanstalt für Wiederaufbau (KfW) supports energy-conscious construction with low-interest loans. If owners would like to receive a corresponding subsidy, they must submit an application before construction or renovation begins. The measures may only be started once the application has been approved. The reason for this is that the KfW does not provide subsequent...

Old buildings: Engineer develops "refurbishment sprint"

Civil engineer Ronald Meyer has developed a refurbishment sprint that quickly makes old buildings climate-neutral. In just four weeks, a semi-detached house in Hamburg built in 1963 was completely refurbished in this way to become a KfW Efficiency House 70. This speed is possible thanks to optimized planning and parallel work by different tradesmen. Ronald Meyer's method could increase the refurbishment rate...

Ruling: Landlords get more rights for termination for personal use

The position of landlords in the event of terminations for personal use has been strengthened by a recent ruling by the Federal Court of Justice (BGH). The BGH ruled that landlords who want to use some of their rented apartments for professional purposes can claim this under simplified conditions. To do so, they only need to prove a notable disadvantage that would arise if the apartment were not occupied...

Living: Furniture for small rooms

Multifunctional furniture is indispensable in small apartments. This can include sofa beds, foldaway beds or bunk beds. These pieces of furniture offer multiple uses and save valuable space. In addition, foldable pieces of furniture such as folding chairs or extendable tables, which can be easily stowed away or reduced in size again if required, can be...

Equities: Residential real estate beats commercial real estate

Residential real estate stocks are currently performing significantly better than commercial real estate stocks. At 21.1 points, the basic sentiment for residential real estate shares remains at a high level in the first half of 2024. In the second half of 2023, it was still at 22.8 points. In contrast, the basic sentiment for commercial real estate shares is -7.2 points. In the second half of 2023, the basic sentiment was -10.7...

Semi-detached house: these are the advantages and disadvantages

Opting for a semi-detached house brings both financial and practical benefits. One key advantage is that it is often more affordable than a detached single-family home. In addition, a semi-detached house offers the opportunity to live in one side of the house yourself and rent out the other. The rental income can help to pay off mortgages or other...

Heat pumps: Information on subsidies

Has the introduction of new subsidies for replacing heating systems led to an increase in demand for heat pumps? The answers from the Federal Minister for Economic Affairs, Robert Habeck, and the heating industry differ. "The subsidies, especially for heat pumps, are being accepted more and more," the Federal Minister for Economic Affairs told the Rheinische Post newspaper. The Federal Association...

Building acceptance: rights and deadlines

Building owners have a period of five years after building acceptance to assert claims for defects. This warranty period allows builders to demand rectification in the event of defects that are attributable to planning or execution errors. Even if almost five years have already passed since acceptance and moving in, the construction company must still pay the costs for...

Balcony: these privacy screen solutions are on trend

Screening elements such as a bamboo privacy fence or textile balcony coverings increase privacy on the balcony. They effectively shield you from prying eyes and contribute to a cozy atmosphere. Bamboo privacy fences or balcony coverings can be found in any DIY store. They are easy to attach to the balcony railing. An alternative option is the use of...

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