News from 28.08.2020 | THANK YOU
From 2010-2020 in City of Bremerhaven alone we have sold 95 BTL MFH with 1,132 flats, a size of 80,206 m² (863,330 sqft) worth for more than EUR 50 million (50,804,000) in total. In order to learn more please click on our reference list published on our homepage.
We would like to THANK our buyers and sellers VERY MUCH for the trust they have placed in us for many years!
Yours GrundGut GmbH : Investmakler (Investment Property Agency)
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!
News from 15.05.2020 | FREE of COMMISSION?
The German Parliament yesterday passed the nationwide statutory introduction of the paying of the brokerage fee between property vendors and property buyers. Accordingly, half of the fee will be paid by buyers and sellers in the future; the introduction will probably take place around summer 2020. We welcome the law, although we had hoped for various reasons that in future the seller alone would have to pay the agents fee to the broker (so-called German ordering principle).
We are working on persuading owners and vendors to take over the brokerage commission in full, so that we can hopefully offer our properties FREE OF FEE in the future.
News from 08.05.2020 | 2020 Buy-to-let Property with a yield of 5.72% sold in City of Bremerhaven
##27091 : Good to well in district of Mitte situated buy-to-let multi family home in a good shape with 15 flats, 2 shop units, 3 car garages and a size overall of 873 m² (9,397 sqm). The property was sold to City of Cuxhaven based private investor and it performs a yield of 5.73% p. a. approx. The parties agreed a non disclosure of the details of the transaction.
News from 30.04.2020 | 2020 : Buy-to-let property with a yield of 7.28% sold in City of Bremerhaven
##27074 : In district of Geestemünde good visible situated mixed use property with 10 flats, 1 shop unit and a size overall of 885.19 m² (9,528 sqm) sold to a City of Bremen based private investor. The property performs a yield of 7.28% p. a. approx. The parties agreed not to disclose details of the transaction.
News from 19.03.2020 | 2020 : Mixed use buy-to-let-property with a yield of 7.25% sold in City of Bremerhaven
## 27110: Mixed use and well micro located in the district of Bremerhaven-Lehe buy-to-let-property with 7 flats, 2 commercial units and a size of 810.61 m² (8,725 sqm) approx sold to private investors from Northern Germany. The house is in a good to well state and situated in a so-called upcoming micro area.
It performs a yield of 7.25% p. a. approx.