Now could be an ideal time for you to sell your property, because you can currently benefit in three ways:
Find out now, without obligation, how much your property is worth and how high your tax-free profits will be.
In Cologne, Bonn, Dusseldorf
Andrea Brinkmann
+49 (0) 221 71600-574
brinkmann@pandion.de
In Munich
Sebastian Engelberg
+49 (0) 89 120218838
engelberg@pandion.de
In Berlin
Thomas Bernhard
+49 (0) 30 200074921
bernhard@pandion.de
Prices for condominiums have exploded in the last 10 years
That was a smart decision: Since you bought your property over ten years ago, purchase prices for condominiums have exploded and have almost doubled on average.
Now your speculation period has expired. This means you can have your capital gains credited tax-free. After a holding period of 10 years, no more income taxes are payable on private property sales. Your patience will pay off and you will benefit from the historically unique performance.
Despite scheduled repayment of the example loan, financing becomes more expensive after the fixed interest period expires. Selling your property will save you valuable assets.
And this is how you prevent interest rate shock when taking out follow-up financing
Since the beginning of 2022, however, banks have also been raising prices. Interest rates for building loans have tripled. When the fixed interest rate for your old financing expires (usually 10-15 years from the date of payment), please plan for higher monthly payments in the future.
Your contact at PANDION SERVICE will be happy to determine the value of your property free of charge.
Our financing advisors will also inform you about current interest rate developments.
Use the form or contact us personally.
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