News from 16.03.2021 | 2021 : Yield 5.82% - small and neat buy-to-let property sold in City of Bremerhaven
## 27122: Small and proper buy-to-let multi-family-home situated in an upcoming micro-location of the Lehe district with 8 flats and a size overall of 462.28 m² (4,976 sqm) sold to a small family office situated close to City of Hamburg. Based on the current rent the property performs a yield of 5.82% and 6.82% p. a. approx on the target rent. As usual, the parties agreed not to disclose further details of the transaction.

News from 23.12.2020 | 2020 : Yield 7.99% - modest and remarkable small buy-to-let MFH sold in City of Bremerhaven
##27058 : Equally modest and remarkable, small buy-to-let multi family home with 4 flats and a size overall of 298.50 m² (3,213 sqft) sold to a City of Hamburg based private property investor. It is situated in the district of Lehe and performs a yield of 7.99% p. a. approx. As usual, the parties agreed a non-disclosure of the details of the transaction.
It is the 2nd property our customer have bought in Bremerhaven by us.

This property is the 101st buy-to-let multi family home we have transacted in City of Bremerhaven within 10 years.

News from 18.12.2020 | 2020 : Yield 7.14% - fully renewed buy-to-let art nouveau MFH sold in City of Bremerhaven
##27053 : Fully renewed buy-to-let art nouveau multi family home with 8 flats and a size overall of 440.63 sqm (4,743 sqft) sold to a City of Bremen based investment company. The property is fairly situated in the district of Lehe and performs a yield of 7.14% approx. As usual, the parties agreed not to disclose further details of the transaction.

News from 03.12.2020 | 2020 : Yield 6.61% - Buy-to-let MFH with 11 units sold in City of Bremerhaven
## 27127: Buy-to-let multi family home with 11 units and a size of 554.27 m² (5,966 sqft) overall sold to a City of Hamburg situated private property investor. The property is good to well situated in the popular district of Bremerhaven-Wulsdorf and performs a yield of 6.61% p. a. approx. The parties have agreed not to disclose further details of the transaction.

News from 21.10.2020 | 2020 : BTL MFH with 27 units and a yield of 6.70% sold in Bremerhaven
##27007 : Very well Centre of the City & 50 m walking distance to pedestrian area situated buy-to-let multi family home with 27 units and a size overall of 1,348 sqm (14,509 sqft) approx sold without any negotiation AT EXPOSÉ PRICE to a City of Bremerhaven based private investor. This is the 2nd property we have sold to our customer within a year.
The property was surprisingly sold shortly before the official sales start.

News from 26.08.2020 | 2020 : buy-to-let MFH with 6 flats and a yield of 8.06% sold in City of Bremerhaven
##27128 : Very charming Art Nouveau BTL multi family home with 6 flats and a size of 281 m² (3,024 sqft) sold to a City of Hamburg based private family office.
As usually, the parties agreed a non disclosure of the details of the transaction.

News from 25.08.2020 | 2020 : BTL multi family home with 10 flats and a yield of 9.76% sold in City of Bremerhaven
##27013 : (Fully) renwewd buy-to-let MFH with 10 flats, a size of 490 m² (5,274 sqft) and with a little bit need of care sold to a City of Cuxhaven based private Investor. The property is already the 2nd purchase of the client done by us within a few month.
The parties agreed a non disclosure of the details of the transaction as usual.

News from 25.06.2020 | 2020 : Residential complex with 40 units and a yield of 7.16% sold in City of Bremerhaven
##27071 : Buy-to-let residential complex with 36 flats, 4 commercial units and a size overall of 3,635 sqm (39,127 sqft) sold to a Professional Property Investment Company based in Luxembourg City. As usually, the parties agreed a non disclosure of the details of the transaction.

News from 25.06.2020 | 2020 : AAA located residential block with 40 units and a yield of 6.48% sold in City of Bremerhaven
##27072 : Core situated buy-to-let mixed use residential and commercial complex with 35 flats, 5 commercial units and a size overall of 2,228 sqm (23,982 sqft) sold to a Professional Property Investment Company based in Luxembourg City. As usually, the parties agreed a non disclosure of the details of the transaction.

News from 06.06.2020 | Agents fee - who pays the commission?
The agents fee will be divided in half in the future. After the German Bundestag, on June 5th, 2020 the German Bundesrat also approved the law on the division of the agents commission for the purchase of condominiums and single family homes.

The law, which is basically an good idea, aims to relieve PRIVATE buyers of residential property from closing costs. Unfortunately, the new regulation only applies to single family homes (...) and condominiums only. The purchase of buy-to-let multi familiy homes, residential blocks, apartment buildings or commercial properties is not subject to this new regulation and we point out again: unfortunately! At our point of view, the lawmaker thus has missed the exceptional opportunity to apply the law to all types of real estate and, in principle, regardless of private or commercial (residential) use or buy-to-let properties.

In our blog posted on May 15th, 2020 we announced that we would persuade our sellers to pay the agents fee in full and we would have been in the position to offer our clients properties free of commission. With the new regulation our previously successful efforts were torpedoed. Landlords who have already approved our recommendation have withdrawn their commitment. Unfortunately!

"This company is fully recommended in terms of competence and support, in particular also in the support of due diligence processes - simply well done from the scratch! "
Mr Ahmet Dagci, Hamburg  

  "(...). And [finally] many thanks for the excellent preparation, your homepage or your database system for the download of the needed property documents is [very] impressive. Many other real estate colleagues could use this as an example".   
Mr Ralph N., Notary in Berlin (Germany) - (the full name may not be published due of German Notary Conduct Rules)

„The placement of the property bought by GrundGut was very professional. The exposé was meaningful and full of realistic photos thus I could get previously an realisitc idea of the property. The additional sales process was very good. The coordination between the vendor and the notary was well regulated by GrundGut, the necessary documents were always present, so the purchase contract could be certified and processed in a very short time".
Mr Gerrit Grunert, Bremen (Germany)

„I have purchased several investment properties with GrundGut over the past two years. The understanding of my requirements and the quality of advice was excellent from the start. With some experience I can also say that the after-sales service is un-paralleled. The support and continual contact with the management company, and a friendly, watchful eye on my overseas investment is ideal for a foreign investor. Mr Schubert has been a professional and personal pleasure to work with".
Mr Yoav Ben-Tal, Tel-Aviv (Israel) — customer of several multi family houses

„You [GrundGut] are worth every Euro! (...) Who doesn’t believe this may call me [immediately]".
Mr Heinrich Peine, Dr., Hamburg (Germany) — customer of several multi family houses

„...we would like to thank you once again for your well done work in arranging the purchase of our new properties in Bremerhaven. Your service of searching an [adequate] multi family house, negotiating services, proposal for financing and negotiation of the purchase contract [with the vendor] was very helpful for us".
Mr & Mrs Oswald Pogenvogel, Cologne (Germany) — customer of several multi family houses

„If you are looking to buy property in Germany, then I would thoroughly recommend the GrundGut team. They are a trustworthy and reliable partner who will guide you through the process in a most professional manner". 
Mr Ewan Michie, Kent (UK) — customer of several multi family houses

„In the entire Germany are 3 agents only I really would recommend unrestricted. You [GrundGut] are one of them".
Mr Marc Münzing, Berlin (Germany) — customer on behalf of several multi family houses

„About two and half years ago I was going to buy some property in Bremerhaven. After searching on Internet I applied to 5 different property agencies and ONLY GrundGut answered to me straight away. The service was very good, Marco Schubert was professional and confident. We had a deal without any problems. Also Marco explained what do I have to do and I didn't need to go to Germany from Ireland to sign a papers. During two years AFTER deal Marco helped me with his useful advices and always answer my letters. I would recommend to have a business with GrundGut".
Ms Natalia Kollmar, Dublin (Irland)

"As a mortgage broler I hardly know any other agent who provides the property documents so quickly, so transparent and in such good quality. This is service at its best!"
Mr Martin Bonnet, Berlin (Germany)