How to sell real estate in Germany to a foreigner?

How to sell real estate in Germany to a foreigner?

Sell apartment or other real estate in Germany, Coronavirus and crisis, what awaits the real estate market in Germany?
What will happen to real estate prices in Germany in 2022/2023?
How to sell real estate in Germany to a foreigner, such as a Russian citizen?
How long will it take to find a buyer?
Taxation in Germany or Russia and to what extent?
What costs and taxes does the seller have to pay as a foreigner in Germany and at his place of permanent residence - Russia, Ukraine, in Eastern Europe?

Answering the questions
When and how to sell a property, apartment or house in Germany to a foreigner?

1 Option:
if you decide to use the services of a broker in Germany, in this case you provide a power of attorney to collect all the necessary documents that will be required for the sale, as well as consent to search for a buyer, the organization of the necessary views of your property, negotiations with buyers and support the transaction.

You negotiate with the broker the maximum and minimum cost of your property, the terms of sale. If desired, the seller can write a power of attorney for the sale of his property in Germany, indicating the terms of sale, the price of the property, the number of the bank account where the buyer will have to transfer the money.

When a buyer is found, the notary sends the contract of sale of the property to the broker, the seller and the buyer for review. The Buyer or Seller may come in person to sign the contract of sale with a notary, or may issue a power of attorney for sale / purchase to any authorized person.

After signing the contract of sale, the notary in Germany monitors compliance with the terms of the contract, after the buyer transfers the money to the notary's account or directly to the seller and they confirm receipt, the final entry is made in the Land Register and the property is transferred to the new owner.
In this case, the services of the broker/ real estate agency are paid according to an agreement depending on the conditions and type of property.

2 Option:
this is when you sell your property yourself without hiring a broker, place an advertisement on major real estate portals, agree on the display of your property, notary, contract of sale and transaction.

What happens to the real estate market in Germany after the coronavirus pandemic? Are real estate prices going to fall?

What should a real estate seller in Germany know?

- Term of sale of residential property in Germany 3-8 months.
- The broker's services are paid by agreement from 4-7% depending on the object (agreed in advance).
- The seller may not come to Germany for the transaction, if he draws up a power of attorney.
- When selling real estate in Germany, speculative tax is paid.

With our help you can solve many complex issues in Germany at a distance, without coming in person. Contact us right now by phone, in a chat on the website, WhatsApp, Skype, Telegram!



How to sell real estate in Germany to a foreigner?
The Best Neighborhoods in Miami: A guide for real estate investors
1 week ago

The Best Neighborhoods in Miami: A guide for real estate investors

Neighborhoods of Miami: a compact guide for real estate investors – explore the best miami districts for personal use and your real estate investments in this blog post.

Top 10 Luxury Properties in Miami
1 week ago

Top 10 Luxury Properties in Miami

Dominart Investment Group experts have compiled a list of the top 10 most exclusive condominiums, villas, and apartments from across Miami.


Luxury properties with ocean views in Miami
1 week ago

Luxury properties with ocean views in Miami

Considering the possibility of purchasing premium-class apartments in Miami? The professionals at Dominart Investment Group team will assist you in selecting and acquiring your residence in sunny Florida.

Your dream of starting company in Miami
2 weeks ago

Your dream of starting company in Miami

If you are considering registering your business in Miami, Dominart Invest Group will guide you on how to safely and correctly open a company in the city with excellent climate and prospects.

Buying a condominium on Flottwellstrasse. Services of a professional real estate broker.
2 months ago

Buying a condominium on Flottwellstrasse. Services of a professional real estate broker.

Flottwellstrasse in Berlin is becoming an increasingly appealing area for investors and those dreaming of their own residence in this remarkable part of the city.