Existing properties make up the largest group of real estate investment options. These are fully developed properties where all construction work has been completed and which are already in use or occupied. 

They are generally more affordable to purchase than newly built properties. Additionally, there is no construction risk involved. Another advantage: as a buyer, you receive rental income immediately. 

• No need to search for a plot of land

• No planning or construction phase required

• Lower purchase prices compared to newly built properties

• Typically already generating rental income

• Subsidies available through KfW Bank for renovations or energy efficiency improvements

• Technical reports on the property’s condition are usually available

The market value of an existing property is primarily determined by its location, potential uses, and level of modernization. It’s important to keep in mind that older buildings are often not up to the latest construction standards and may lack proper insulation. 

Therefore, it’s essential to get a detailed assessment of the property’s structural condition. 

When investing in an existing property, be sure to account for potential renovation and maintenance costs. 

Your MLP advisor will support you in finding the right property as an investment. Thanks to our numerous cooperation partners, we have access to a wide selection of carefully chosen properties.