Selling
Selling a tenanted property
Is your property fully or partly let? For us that is not an obstacle but the rule: we buy tenanted apartment buildings and mixed-use buildings for our own portfolio.
The tenants stay, the leases continue
When a let flat or building is sold in Germany, the principle “sale does not break a lease” applies (Section 566 of the German Civil Code, BGB): on the transfer of ownership the buyer takes over all existing tenancies. Your tenants do not have to move out and keep their leases with all rights and obligations.
The tenants’ deposits pass to the buyer as well (Section 566a BGB). The purchase contract sets out how deposits, rents and service charges are settled as of the handover date.
Why we buy tenanted property
We hold our properties for the long term and manage them ourselves. A tenanted building therefore fits exactly what we are looking for – including older leases, rents below market level or individual vacant units.
What helps us with a first assessment
- Location and type of the property, number of residential and commercial units
- The current monthly net cold rent of all units – a rough figure is enough
- If available: a tenant list or rent schedule (please without tenants’ names)
- Known vacancies or need for modernisation
Questions and answers
Frequently asked questions
Do I have to inform my tenants about the sale?
The leases pass to the buyer automatically on the transfer of ownership. At the latest then, the tenants learn whom they pay their rent to in future. Viewings follow the rules of the lease and are arranged with the tenants.
Do you also buy buildings with low rents?
Yes. Rents below market level or older leases are not a fundamental exclusion criterion for us.
Do I need to know the exact rental income?
No. A rough figure is enough for a first assessment. We check the exact documents later if we are interested.
Offer your property
Tell us about your property.
Offer us your property without obligation – even without an exposé or a specific asking price.
Other selling situations
Selling a property in need of refurbishment
Refurbishment backlog, old heating, need for modernisation: why you do not have to refurbish before selling.
Selling a property with vacancies
Empty flats or shop units: why vacancy is not an exclusion criterion for us.
Selling an inherited property
Certificate of inheritance, land register, community of heirs: the key steps when you have inherited a property.
Selling a mixed-use building
Buildings with flats and commercial space: what we check and which details help us.
Offer properties – for estate agents and property managers
For estate agents and property managers: which properties we look for and how to offer them.