Real estate is currently attractive to investors. At least with the right strategy for credit and tax. As apartment buildings bring attractive returns - and insurance risks can be avoided.
With the current turmoil in financial markets and the concomitant risk of rising inflation solid tangible assets such as real estate is interesting. If you have enough capital of its own, can not buy a single apartment or an entire building and rent it out. The higher risk is due to the current low mortgage interest rates compared to the chance of higher returns, which is funded by tax breaks even.
"With commercial property yields are possible from eight to ten percent per year, but the risk is even higher. For residential properties, depending on the location of three to five percent are there, "Schindler said of the KSW Udo asset management. Dieter Robl, asset manager at Capital Forum, is more cautious. For commercial properties, he expects six percent for residential properties with a maximum of four percent.
Property Value Finder: What does it cost to rent or buy
Whether a move is underway or planned is the purchase of a property: Serious information about the quality of the neighborhood are always important. Find rental and purchase prices in their neighborhood and their street.
Property Value Finder: What does it cost to rent or buy
In addition especially in the latter's potential to increase in value. Especially in recent years, demand for residential properties has risen sharply. Such growth rates are in the opinion of Schindler, but in the past. In good locations in Munich, Hamburg, Dusseldorf and Frankfurt, owners of a residential property in the future but still expect a percentage increase over inflation. For commercial properties, the prospects are less rosy. "Here the press worries before a downturn in prices," says Robl.
Tax Office contribute to the cost
But even without the increase in value can earn money with a rented property. The tax law makes it possible: While counting the income from renting and leasing of the taxable income. At the same time, the purchase price of the property are written off and used in conjunction with the letting and leasing costs, which reduce taxable income.
To purchase or production cost including the land transfer tax and any brokerage fees to a broker. From this one-off costs amount to more than 50 years, two percent annually in real estate are tax deductible, which were built since 1925, and in older properties, there are 2.5 percent over 40 years. Of a full financing of real estate experts advise from there. "The higher the credit, the higher the interest rates," says Robl. And the greater the effect a possible rate hike. Recommended is an equity share of 30 percent.
