The trade with German real estate has reached the highest level since five years, according to the IVD (Immobilienverband Deutschland) tenement report 2013/2014, with a sales volume of around 13 billion euros (+8%).
An average of 530,000 euros per transaction has been implemented in the year 2013, these are 60,000 euros more than in the previous year. This development is a clear indication of an excess of demand according to the IVD. As in the previous years, the demand focused on the metropolises. The three largest German cities of Berlin, Hamburg and Munich unified 46% of the sales. 80% of the turnover was generated in cities with more than 400,000 inhabitants.
Purchasers of residential or commercial property are necessarily in contact with the real estate tax law. For many years, we advise our clients in the entire transaction from advising on the purchase agreement to the complete accompaniment of a real estate purchase respectively a real estate sale and the founding relating to tax law conception of the holding real estate company (SPV/ Special Purpose Vehicle), including the typical issues of a cross-border investment.
Our tax accountants and lawyers are specialized in international real estate laws and tax laws and they will supervise, inform and represent you comprehensively regarding all aspects of the real estate law. We also prepare IFRS (International Financial Reporting Standards) reporting, in particular for international real estate investors and or accompany you during auditing in accordance with the German commercial law.
This also includes a consultation with the Consultia lawyer company in all branches of law and taxes such as law of tenancy, law of lease, warranty rights and law of agency.
