For rental apartment construction, this will bring less benefit. For the existing stock, I would find it more sensible to first reduce the broker fees by only making the person who actually chose the broker pay. Aside from the conflict of interest a broker has, the ratio of payment to service from the buyers' perspective is abysmal. But in this case, it's a matter of take it or leave it.
Why should this bring less benefit for rental properties? If I buy a condominium from the existing stock or from the developer with the goal of renting it out, I currently pay 3.5% real estate transfer tax in Bavaria. For an investment of 250,000 euros, that amounts to 8,750 euros in tax, which already reduces my return.
3.5% is still cheap compared to the national average. Here in BW it is 5%. Yes, in the described case where you buy a single condominium from a construction project, that might help. But I was rather thinking of large real estate companies that buy land and develop it themselves. If we want to build many apartments, that is certainly the faster way to reach the goal. Personally, I would not put up with an apartment in a homeowners' association with 50 others, it only causes problems over time.
Go to Mediamarkt/Saturn... they still have somewhat good prices in the store...
the EON/ ePrimo offers are now history. Because even they can’t work miracles.
Only you can answer that. You won’t get around just searching instead of asking here. The price is regional, even differs greatly from city to city.
For example, for me Check 24 for one year
or the basic supplier for one year
I then concluded a contract with a basic supplier 75 km away for 300€ per month
Many of the interesting tariffs are very hard or cannot be found at all on comparison portals. I am a member of the homeownership association through a settler association and can thus sign an electricity contract via the latter (in the Middle Franconia/Upper Franconia area) at the municipal utilities 15 km away through their framework agreement at a group rate.
This is currently possible fixed for 12 months from around 25 cents/KWh.
Plus 40 euros per year membership fee in the association.
Many of the interesting tariffs are very difficult or not at all to find on comparison portals.
The basic suppliers hardly ever do. That's why I, for example, checked the basic suppliers in the surrounding area (virtually). Not everyone delivers to another city either, but the effort is 15-20 minutes. You just have to do it.
Why should this bring less for rental properties? If I buy a condominium from the existing inventory or from the developer with the goal of renting it out, I currently pay 3.5% property transfer tax in Bavaria. That amounts to 8,750 euros in tax on an investment of 250,000 euros, which already reduces my return.
And precisely for this reason, one should not touch the property transfer tax for investors like you. You are after returns, not affordable housing.
It is about institutional companies, housing associations, and large private property holders. If they could build directly 19% cheaper, affordable housing could also be created – for rental purposes, not for capital investors.
In Munich, for example, you as a private individual can no longer buy subsidized housing yourself. Individual sales of newly built apartments are prohibited there – only property holders may directly buy entire houses (blocks), as they rent them out long term.