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Buying a house in Thuringia

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The fascinating region of Thuringia with its cultural centers of Jena, Weimar and Erfurt offers many reasons to buy a house as an investment

Jena, Weimar and Erfurt are among the most attractive real estate locations in Thuringia. And there is a reason for this. The regularly rising demand for detached houses, semi-detached houses, terraced houses and villas is an indication of the high quality of living that these towns offer thanks to their particularly attractive location in the Thuringian Basin. Added to this is a high recreational and feel-good character, which makes these locations more than attractive for many families, also as a place to work. Jena, Weimar and Erfurt... the heart of cultural Thuringia!

 

These cities have undergone impressive development in recent years, primarily thanks to intelligent urban planning. As a result, numerous attractive districts are today literally imposing themselves as residential locations. Whether you are looking for a family-friendly detached house, a spacious semi-detached house, a cozy terraced house or a luxurious villa - Jena, Weimar and Erfurt offer the ideal setting for every type of buyer. Let our real estate specialists advise you on buying a house or purchasing your villa. We look forward to hearing from you!

The fascinating region of Thuringia with its cultural centers of Jena, Weimar and Erfurt offers many reasons to buy a house as an investment

Anyone who inherits a property or is looking to sell it for other reasons will be asked for a  Valuation  cannot get around it. Fantasy prices have no chance on the market around Tautenhain, Jena and Gera and only provide targets. What is needed fundamental debate  mit dem Verkaufsobjekt, ehe ein Inserat geschaltet wird. Doch welche Informationen sind hilfreich? Vergleichspreise können zweckdienlich sein, um eine ungefähre Preisspanne zu erhalten. Doch allein reichen sie nicht aus, denn auch die Art des Gebäudes und die genaue Lage und vor allem die zukünftigen Nutzungsmöglichkeiten entscheiden über einen möglichen Wert.


Hinzu kommen amtliche Bodenrichtwerte und Vertragsbedingungen. Handelt es sich bei der Liegenschaft um ein denkmalgeschütztes Objekt, gelten andere Bestimmungen. In einigen Fällen kommt es vor, dass noch Hypotheken auf dem Haus oder der Wohnung lasten und Ansprüche Dritter geltend gemacht werden könnten. Deshalb nehmen wir zunächst Einsicht in alle Dokumente und führen erst im Anschluss eine professionelle Wertermittlung durch. 


Die marktüblichsten Wertermittlungsverfahren sind das Asset value method Income capitalization approach and the Comparative value method. For owner-occupied properties, the asset value method based on statistical construction costs is the primary method. For investment and commercial properties, the income capitalization approach based on future income is a solid basis. For the comparative value method, a sufficient number of prices for similar properties is the basis for the property valuation. The agents' experience in evaluating the available market data and demand situation for Tautenhain, Neustadt an der Orla and Jena is important.

We have the answers to your questions

What steps are necessary when buying a house?

Buying a house involves several steps: Checking the financing, looking for a suitable property, carrying out viewings, negotiating the purchase price, signing the purchase contract at the notary and finally handing over the keys after payment.

It is important to compare different financing offers. Talk to banks and independent financial advisors to find the best conditions and interest rates for your situation.
Additional costs include land transfer tax, notary fees, costs for the land register entry and, if applicable, estate agent fees. These can account for a total of around 10-15% of the purchase price.

Pay attention to the condition of the building fabric, possible moisture problems, the energy efficiency of the house, the condition of the heating and sanitary facilities as well as the location and infrastructure of the surrounding area. If necessary, take an expert with you.

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